Business Today Sri Lanka - May 1998

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The damage to the Galadari, the adjoining Hilton, and the Twin Towers was phenomenal. On the night of the blast, the hotel had 357 rooms occupied, and it was a miracle that none of the guests sustained even serious injuries.
For the second time, Business, Today analyzes the companies listed on the Colombo Stock Exchange to determine the Top 10 companies for the Financial Year ending December 31, 1996, and March 31, 1997.
The privatization of Air Lanka is the biggest restructuring venture of a government-owned enterprise under the present government's privatization program.
The negotiations by the Government of Sri Lanka to award foreign investors with exploration rights to the Eppawela phosphate deposit has become a controversial issue attracting media attention and public concern.
Adding to the latest technology, the three-in-one (Coin, card, and debit/credit card) has afforded Tritel to be the payphone of the next millennium that had come to Sri Lanka.