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End of a Call
Former SLT Chairman said the company was expected to post a Rs.4 billion pre-tax profit this year judging by the performance in the first half.Former SLT Chairman said the company was expected to post a Rs. 4 billion pre-tax profit this year judging by the performance in the first half. He also said SLT will […]
Getting Close
Rich and poor nations were close to striking a historic deal on Saturday to slash billions of dollars in farm subsidies, create more open industrial markets and put troubled global commerce negotiations back on track.Rich and poor nations were close to striking a historic deal on Saturday to slash billions of dollars in farm subsidies, […]
BIMSTEC hopes a name change will bring down trade barriers
BIMST-EC, the seven-member regional grouping which Sri Lanka is a member, has renamed itself as the ‘Bay of Bengal Initiative for Multi-Sector Technical and Economic Cooperation.‘ BIMST-EC, the seven-member regional grouping which Sri Lanka is a member, has renamed itself as the ‘Bay of Bengal Initiative for Multi-Sector Technical and Economic Cooperation.’ BIMST-EC was earlier […]
Indians, Chinese, Koreans and Japanese are falling over themselves to invest in Sri Lanka, claims a senior government minister
Indians, Chinese, Koreans and Japanese are falling over themselves to invest in Sri Lanka, claims a senior government minister. Indians, Chinese, Koreans and Japanese are falling over themselves to invest in Sri Lanka, claims a senior government minister. “India is very keen to come here in a big way. They have requested a special desk […]
Early Bird
State run Bank of Ceylon is coming up with a 14+ savings account targeting the growing 14 to 18 year labour market and student population. State run Bank of Ceylon is coming up with a 14+ savings account targeting the growing 14 to 18 year labour market and student population. Kicking off in August, the […]
Old Story
A recent study of Sri Lanka’s ageing population shows that the island is not prepared to look after its senior citizens.A recent study of Sri Lanka’s ageing population shows that the island is not prepared to look after its senior citizens. The UK based Overseas Development Institute (ODI) in a study earlier this year says […]
Time Trap
The clock is ticking on a world trade negotiation deadline but the members of the World Trade Organisation are still at each other’s throats. The clock is ticking on a world trade negotiation deadline but the members of the World Trade Organisation are still at each other’s throats. On Thursday Australia, Brazil, the EU, India […]
Inflation figures for July rise, pushed up by import costs and drought
Sri Lanka’s inflationary rate for July rose marginally over June, as a prolonged drought and higher import costs pushed key food prices up. Sri Lanka’s inflationary rate for July rose marginally over June, as a prolonged drought and higher import costs pushed key food prices up. The Central Bank said Friday that the trend deviated […]
Cop explodes grenade while hugging his girlfriend
A constable exploded a grenade, killing himself and his estranged fiancee, at the police garage in the Sri Lankan capital Colombo Friday, an official told AFP.A constable exploded a grenade, killing himself and his estranged fiancee, at the police garage in the Sri Lankan capital Colombo Friday, an official told AFP. The man ordered colleagues […]
ATM’s and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency
Automated teller machines and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency.Automated teller machines and tourists in the airport have to make do with dirty currency notes, while the Central Bank tries to overcome an issue with currency. Banks who […]