Life Protection
Indias Life Insurance Corp. plans to set up an ombudsman to settle life insurance disputes as part of its efforts to encourage Sri Lankans to take up insurance …
Industry
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Cost Cutting
SriLankan Airlines expects to sharply cut its losses during the current financial year but said the group will be in the black.The national carrier said it …
Hot Cakes
Developers of a new apartment complex say the demand for housing is on the rise with the upturn in the economy.Finance & Guarantee Property Developers say the …
Hello There
SLT is announcing international direct dialing rate cuts of up to 25 percent, as the government finalises plans to offer an unlimited number of international …
Thrills & Spills
Sri Lankas top accounting body gave its budding accountants some tips on how to market themselves in a changing working place.rnAptly titled ldblquote Managing …
Profit Warning
SriLankan Airlines, on Friday made a profit warning for the current financial year, but said group profits will remain steady as the previous year.rnAs a …
Ringing Loud
Dominant telecom operator Sri Lanka Telecom on Thursday, said its net profits picked up by 28 percent for year ending December 31, 2002.SLTs group net profit …
Penultimate Lap
The government is expected to dispose 20 percent of its ownership held in Commercial Bank through Sri Lanka Insurance Corp. by end next week.Treasury approval …
Debt Exchange
Maldivian conglomerate Universal Enterprises took a 57.16% stake in Mahaweli Reach Hotel, a deal to settle the Hotels dues to DFCC Bank.buy neurontin online …
Ver. 2.0
The telecom regulator is wooing a fresh batch of consultants to come up with a new cost based interconnection framework.Applications for the post closed …
Reverse Gear
Sri Lankas 13 bus companies may continue under state control for longer, as attempts to bring in private management steers off course. Industry watchers say …
Educating The Unemployed
The World Bank has decided to lend US$ 60 mn towards revamping university education and creating jobs for unemployed graduates.Around US$ 50 mn will be …
Talk Shop
An International Labour Organisation study has found the Tharuna Aruna scheme for unemployed graduates highly dysfunctional and run like a Rotary Club.Around …
Points To Ponder
State tourism officials are drawing up plans to restrict the lquote all inclusive tourist packages to Sri Lanka. The all-inclusive is believed to be low-end …
Green Light
The government announced final tariffs international gateway operators will have to pay local networks to terminate traffic.Under the agreement operators have …
House Hunt
Housing finance giant HDFC is looking for fresh capital after getting a specialised banking licence. HDFC is looking for at least Rs.buy flagyl online buy …
Technical Point
Lawyers for Pramuka depositors argued before the Court of Appeal that the Monetary Board had no authority to liquidate Pramuka Bank.The petitioners argued that …
Soothing EGOs
Soothing balm over the telecom industry, the government announced the final tariffs external gateway operators should pay local networks to terminate …
Waiting Game
Commercial Bank of Ceylon has sought regulatory approval to acquire five percent of its shares through an off-the floor transaction.The shares owned by Sri …
New Brooms
The government plans to shortly amend laws to allow consolidation in the banking sector as well as laws to form a debt recovery agency.The Banking Act is being …