Author: lbostgadmin
Going Global
Hatton National Bank’s has selected Deutsche Bank as the custodian for its Global Depository Receipts (GDR) issue.Hatton National Bank’s has selected Deutsche Bank as the custodian for its Global Depository Receipts (GDR) issue. A statement is expected from HNB later today. Akbar Poonawala, Head of Global Equity Services at Deutsche Bank was quoted in BusinessWire […]
Laptop Policy
Life insurance provider Ceylinco Life has equipped its field agents with mobile access to its databases, to speed up their liaising with clients.Life insurance provider Ceylinco Life has equipped its field agents with mobile access to its databases, to speed up their liaising with clients. The Rs. 25 million project has equipped some 140 agents […]
Flight Control
The Civil Aviation Authority may draw up new rules to better regulate airlines that fly in to Sri Lanka or set up shop here, for a better handle on passenger protection. The Civil Aviation Authority may draw up new rules to better regulate airlines that fly in to Sri Lanka or set up shop here, […]
Sri Lanka joins international programme to generate more jobs.
On Thursday the International Labour Organisation (ILO) wrapped up its annual world conference with all member countries, including Sri Lanka, agreeing to focus on generating more jobs.On Thursday the International Labour Organisation (ILO) wrapped up its annual world conference with all member countries, including Sri Lanka, agreeing to focus on generating more jobs. The ILO […]
‘s IPO pricing
Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]
Norwegian peace brokers to test Sri Lanka’s turbulent political waters
Norwegian Deputy Minister of Foreign Affairs, Vidar Helgesen, will arrive in Sri Lanka on Monday, for a five day political update.Norwegian Deputy Minister of Foreign Affairs, Vidar Helgesen, will arrive in Sri Lanka on Monday, for a five day political update. Helgesen is scheduled to meet President Chandrika Bandaranaike Kumaratunga and key stakeholders of Sri […]
One Only
The CFA Institute – the global association which offers the Chartered Financial Analyst (CFA) qualification filed a lawsuit in the Commercial High Court of Sri Lanka this week against ICFAI Education Lanka.The CFA Institute – the global association which offers the Chartered Financial Analyst (CFA) qualification filed a lawsuit in the Commercial High Court of […]
JVP says it will raise a fresh alliance
Colombo – Tuesday: The Alliance government’s key coalition partner the JVP on Tuesday said it would raise a fresh alliance to defeat President Chandrika Kumaratunga and the opposition United National Party if it broke away from the government on Wednesday. The JVP has given the President an Wednesday midnight ultimatum to withdraw a proposal to […]
Colombo’s street hawkers finding business in the busiest places
Colombo – Tuesday: This street hawker selling pineapples and many other like her mingle among JVP supporters gathered at the Lipton Circus on Tuesday protesting the proposed tsunami aid sharing proposal. The vendors who make an average Rs.500 a day say festivals, carnivals and protests are best for business, with sales more than doubling from […]
UNP to help minority government remain in power
The United National Party(UNP) says it will help Sri Lanka’s minority government, headed by President Chandrika Kumaratunga, to remain in power though the party has intensified calls for presidential elections by the end of the year.The United National Party(UNP) says it will help Sri Lanka’s minority government, headed by President Chandrika Kumaratunga, to remain in […]
Split in Lankan coalition government
Colombo – Thursday: JVP leader Somawansa Amarasinghe confirming that the party had quit the coalition government over the tsunami aid sharing proposal. The Alliance government’s key coalition partner says its will sit in the opposition as an independent party. The Marxist JVP quit the coalition government effective from midnight Wednesday as an ultimatum to the […]
JVP on recruitment drive to form a new Sandhanaya
Colombo – Thursday: JVP leader Somawansa Amarasinghe confirming that the party had quit the coalition government over the tsunami aid sharing proposal. The Alliance government’s key coalition partner says its will sit in the opposition as an independent party. The Marxist JVP quit the coalition government effective from midnight Wednesday as an ultimatum to the […]