Helping Hand
State run Peoples Bank plans to use its extensive pawning network as broader base to popularise micro finance activities throughout the country.With technical …
Industry
Grama Seva
Regional telecom firms could come into play under a state proposal to propagate communication facilities in rural villages. The regional licences will give …
Members Only
New subjects are making their way into CIMA Sri Lankas curriculum, including fashion tips, social dancing and opportunities for networking. All the new …
Hello
The final draft licence for External Gateway Operators (EGO) is due Tuesday, the license fee remains unchanged at US$ 50,000.Operators will also pay 0.3 per …
Rolling Cable
The government is pushing through plans for lquote Visva Grama, a project to roll out modern ICT infrastructure in rural areas. US 0.06 cents charged on each …
Calling Out
Local payphone operators Tritel were given a subsidy of Rs. 1.3 mn Monday to set up pay phones in rural areas outside the Western Province. online pharmacy buy …
Baton Change
Pramuka Banks key shareholders on Monday evening gave the Janashakthi Group the mandate to look at the possibility of resurrecting the troubled development and …
Two Suitors
Two local investor groups are talking to Peoples Bank to give it a badly needed equity injection while the government is seeking donor assistance for further …
Whos Fault?
Pramuka Employees are accusing the banks auditors KPMG of certifying accounts, which were not true and fair when there were massive accounting frauds. They are …
Flat Tyre
Selling the remaining seven bus company faced another breakdown, the deadline for applications pushed back once again.Meanwhile, the Public Enterprises Reform …
Tech Talks
UK based Adam Smith Institute secured the mandate to prepare the groundwork for a new telecomm and ICT regulator.The Science & Technology Ministry said …
Interesting Rates
The Ceylon Chamber of Commerces Import Section is lobbying with fiscal authorities to ensure commercial banks reduce their lending rates in line with Central …
Niche Banking
Standard Chartered Bank is coming out with lquote Select, a new wealth management product, to manage upper middle class segments personal banking needs.The …
Call To Account
Pramuka Employees picketing in front of the audit firm, KPMG Ford Rhodes and Thornton, alleged that the audit firm had failed to detect massive accounting …
Rolling Dice
The government has shelved plans to privatise the state owned Development Lotteries Board following opposition from President Chandrika Kumaratunga.ldblquote …
MICE Map
SriLankan Airlines launched their first MICE Travel brochure today, tapping into a niche market of lquote meetings, exhibitions and conference travellers. …
Runaway Runway
The government is reconsidering its plans to build a second runway at the Katunayake international airport.The proposal ran into trouble due to heavy protests …
Fine Tuning
A team from the IMF is expected soon to start final negotiations on a structural adjustment loan expected by March this year.The International Monetary Fund …
Holiday Travel
Three firms including Singapore based SBS Transit has shown interest to buy up a stake in the remaining seven state bus companies. The deadline to submit …
Ringing Loud
Sri Lanka Telecom on Thursday reported a 38 percent surge in after tax profits for the nine months ending September 30, 2002.SLTs net profits touched Rs. 2.425 …