May 1997

SIA's deputy managing director (commercial), Michael Tan, told reporters recently that the 50-year milestone was not an occasion for...

Sri Lanka's long-ailing telecommunications industry, only recently infused with new blood by the private sector, is witnessing many changes....

The Colombo Stock Exchange (CSE) is poised to enter a new era with the introduction of screenbased trading replacing...

In the past few months, there has been an accelerated trend toward the use of plastic money. As a...

Standard Charted Bank becomes the latest player in telebanking with the launch of its automated telephone banking service which...

Smithkline Beecham International the worldwide health care company has appointed a Sri Lankan, Nalin Jayasuriya as their regional human...

Singapore Airlines (SIA) will launch a new passenger service to Jeddah, Saudi Arabia from August 3, 1997.The three-times-weekly non-...

The first of the series of rehabilitated locomotives was launched recently. The project which is funded through an OECF...

Air Lanka has been awarded two awards, 'Best Company in Transport Business in 1996' by the Chartered Institute of...

Dr Justin Samarasekera, one of Sri Lanka's architectural pioneers will hold his first exhibition of paintings Impressions of an...

The Private Sector Infrastructure Development Company (PSIDC) was formed to give incentives to the private sector investment in national...

Imagine how happy your mother would be if her son, living thousand kilometers away, visits her everyday!' says an...

'Economists have a full time job in trying to keep a country's economy healthy. A healthy economy is one...

Keeping It In The Family The family-run business has been the foundation of Asia's corporate identity for centuries. To...

The Economic and Social Survey of Asia and the Pacific 1997 released by the United Nations last month said...

It's all Negotiable Bargaining enters our lives every day. We negotiate for virtually everything from buying vegetables at the...

Bill Gates' personal fortune is estimated at US$ 29 billion (equal to 9% of India's gross domestic product). Microsoft...

Asia The stocks strongly responded to the movements in Wall Street and overall the stock exchanges in the region...

AImost four decades ago in 1960, Sri Lanka enjoyed the same per capita in come of US$150 as South...

It happens every day. There you are, in your car, pulled up in a queue of vehicles at a...

Eradicating spam is like trying to cure the flu. A strain appears. A vaccine is developed. The bug mutates....

If you want to buy a fast computer, this is a good year to do it. One of the...

The Government of India's Union Budget for 1997-98 promises to galvanize an ailing economy. It has offered to redress...