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Fast Cash
Gold still remains one of the safest investments. But with international gold prices shooting up, it has helped spawn a whole industry based on gold as …
Creeping Up
Prices for crepe rubber have reached record levels as oil prices spiral, touching Rs. 129 a kilo at this weeks auction, a high since 1995. This is up from …
Banks: Big Profits Or What?
Banking sector stocks were top performers at the Colombo stock exchange last year as analysts predicted a good year for the countrys finance houses. A number …
Untangling Wires
The working committee comprising six operators and a government representative will try to address outstanding issues like the local access fee and the quality …
Courtroom Battle
The Court of Appeal Thursday issued notice against the securities watchdog to stop it from prosecuting three former Aitken Spence Directors.Former SEC …
Please Reply
The Court of Appeal Thursday asked Central Bank to file objections on a case brought against them by Pramuka Banks Directors.The Central Bank last December …
Counting Leaves
Tea exporters are pushing for a three-month moratorium from commercial banks as the government maps out a contingency plan should war break out over Iraq. buy …
Dry Run
The countrys largest city is running short of water as the state looks to the private sector to bridge a widening gap in supply to Greater Colombo.A privately …
Safety Features
A tentative take off date of April is on the cards for the social security net for retrenched workers, with an ILO report on its way to Cabinet.The security …
Lip Service Only
Local investor confidence was shaken recently first when a licensed savings bank collapsed and then as the securities regulator commenced an insider dealing …
Crossfire
Rising tension in the Middle East is buing holes in the Sri Lankan tea industry as prices plummet and stocks accumulate at auctions. Low grown teas are seeing …
Changing Rules
The securities watchdogs powers were beefed up, after parliament passed its long overdue amendments on Tuesday.The amendments, which were broadly aimed at …
The rural call
Local telephone companies have been connecting subscribers at almost record pace over the last few years. The telecom industry was the only one that put in …
Power Politics
The last time Iraq was attacked, over ten years ago, oil prices reached record levels of over US$ 45 a barrel.Analysts expect prices to go the same way if US …
Risky Business
Government announced plans to launch unemployment insurance as key labour legislation went through parliament recently.The safety or dole would be initially …
Conglomerates: reason d etre
Conglomerates around the world have been favorites with investors as long-term investments. A recent worldwide study found that of the top 35 companies that …
Back To Basics
Its back to the lquote nuts and bolts this year, says Board of Investment chief, with plans for 2003 aimed at getting development of a much-needed highway …
Stretch Factor
Sri Lankan investors stretched their resources to dip into plantation stocks with exposure to rubber, demand created by a giant leap in rubber prices from an …
Small Change
Compensation as an alternative to reinstatement was removed from the amendments, one of the few changes made to the original amendments to four labour related …