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 …
Industry
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Repositioning Lanka
Sri Lankas top accounting body will discuss ways to reposition the country at its annual conference in May.Under the theme of lquote Repositioning Sri Lanka …
Centennial Wins
Washington based Centennial Group has been handpicked as fund managers for the new Infrastructure and Corporate Restructuring Fund that is to take off by April …
Shelter For Old
Parliament on Wednesday passed amendments to the state pension funds, paving the way for a new contributory style retirement scheme for public sector …
Revving Up
A newly set up Indo-Sri Lanka joint venture, plans to lure ladies to hop on and popularise motorbikes in Sri Lanka.United Motors Lanka Ltd (UML) on Tuesday …
Growing Up
DFCC Bank on Tuesday reported a 36 percent growth in its group net profits to Rs. 826 mn from Rs. 605 mn for the nine months ending Dec. buy estrace online …
War Drums
Local hotel bookings are seeing a definite slow down, as war fears begin to inspire jitters in the more wary European travellers. ldblquote Hotel occupancies …
Sniffing Accounts
The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) will kick off on endash site investigations of Pramuka Savings & Development Banks …
Banking On FTAs
A top sub-continental bank is counting on increased trade in the region to drive its operations. Indian Bank says the current Free Trade Agreement between …
Hiking Through Lanka
A team of adventure tourism experts is in the country to turn the popular sea destination to a hot adventure stop. Adventure Centre Asia officials say that Sri …
Calling Debtors
The government is trying to bring in new laws to empower a new company that will take over dud loans of the State banks.The Memorandum of Articles has already …
Sweet Music
Local telecom operators on Friday came up with firm rates to interconnect between networks until a new cost study is finalised in June.The telecom operators …
One More Try
Hoarders who played hide and seek with revenue officials have been coming clean in droves in response to the governments tax amnesty, Deputy Finance Minister …
Privileged Lot
Standard Chartered Bank Thursday launched a new relationship-banking product to serve its mid-level customers.The bank said its lquote SelectBanking product …
Chain Links
A Hayleys tie up with India based TAKE Solutions is building on the need of large companies to cut cost and streamline processes. MPower will leverage this …
Rough Guide
Ripping open the wild side of the paradise isle, Sri Lanka will stick its spokes into the international world of adventure sports with its first race set for …
Expensive Business
Business Development Services or BDS are support services offered for SMEs, providing start-up, non-financial assistance. rnrnOver the last 25 years the BDS …
Colombo Plaza
Meanwhile, the Asian Hotels management is working to tie down a new management for the hotel before the end of the year, with invitations for quotations …
Peace Talks
Ending days of cross talk, telecom operators on Saturday said they were firmly behind the governments liberalisation agenda, but had reservations on some parts …
Coming Out Soon
Government savings giant NSB is in the final stages of getting a credit rating from Fitch Ratings Lanka.National Savings bank with public deposits of over Rs. …