Nation's Bottom Line Blog

Welcome to the TBL blog - Sri Lanka's Best Business Blog!
With this blog, we will aim to be the first to break business stories in Sri Lanka, so please keep posting
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Singer Finance to add branches after IPO launch

Singer Finance Lanka Ltd intends to increase its current network of six branches and six service centres to a total of 24 in view of the expected economic growth of the country, the resulting demand for debt financing and to provide a better service to its existing and potential customers. 

Sri Lankan Accountants Lure Global Outsourcers

The New York Times - Southern China has its assembly plants. India has customer support centers, research laboratories and low-cost lawyers. And Sri Lanka’s contribution to global outsourcing? Accountants — thousands of them, standing ready to crunch the world’s numbers.

Global fixed broadband connections to hit 720 mln by 2015

The total number of fixed broadband connections worldwide will pass 500 million by the end of this year and will continue to grow to 720 million by the end of 2015, according to a study by Analysys Mason. Fixed broadband will account for 62 percent of the 1.16 billion broadband connections available worldwide by the end of 2015.

Outotec to build EUR70m water treatment plant in Sri Lanka

Finnish construction and engineering company Outotec Oyj said today the government of Sri Lanka has awarded it a contract of more than EUR70m to build a water treatment plant that will supply drinking water. The company will build the facility in Ampara district on the eastern coast of Sri Lanka under a project for the provision of treated pipe-borne water to more than 75% of the district. Outotec completed the first and second phase of the project in 1999 and 2002, respectively. The completion of the current phase three is expected in November 2013.

Highlights of proposals in the Budget 2011


Please find below the highlights of the Budget 2011 speech presented by Sri Lanka President, Mahinda Rajapaksa in Parliament on November 22, 2010. The new budget proposals are given below.