Sri Lanka launches air attacks on Tiger rebels
July 26, 2006 (AFP) - Sri Lankan war planes bombed suspected Tamil Tiger positions in northeast Sri Lanka Wednesday after the rebels allegedly …
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Sharp Rise
July 26, 2006 (LBO) – Hatton National Bank, the island's second biggest privately owned lender by assets, Wednesday posted a net profit of …
Aitken Spence Hotels re-brands its Maldivian properties
July 26, 2006 (LBO) - Aitken Spence Hotels re-branded its Maldivian properties under a new Adaaran brand, with six of its resort products coming …
On the Boil
July 26, 2006 (LBO) – Fears of another fuel shortage were sparked off on Wednesday as the government refused to give in to trade union demands …
Fitch upgrades Nations Trust Bank to ‘A(lka)’
July 26, 2006 (LBO) - Fitch Ratings said Wednesday it has upgraded Sri Lanka's Nations Trust Bank's long-term debt to A(lka) with its outlook on the …
WTO collapse set to fuel Asia’s “noodle bowl” effect
TOKYO, July 25, 2006 (AFP) - The breakdown of the WTO talks is likely to encourage the further proliferation of bilateral free trade pacts in Asia …
Singapore to shut ‘open outcry’ facility, one of last in Asia
SINGAPORE, July 25, 2006 (AFP) - There will be no more shouting or waving of hands in obscure signals from September when one of Asia's last …
Early Lead
July 25, 2006 (LBO) – Chinese telecommunications firm Huawei Technologies is expecting around 30 percent gain in sales of third generation …
Just in Case
July 25 (LBO) – Sri Lanka is collecting all details of returnees from war torn Lebanon, to build up a stronger case in the event all affected …
Trade Fiasco
July 25, 2006 (LBO) – India has said that few Sri Lankan vanaspati manufacturers have put in bids to resume exports of the vegetable oil, …
Breakthrough
July 25, 2006 (LBO) – The Sri Lankan government bought two weeks grace period from petroleum sector trade unions late Tuesday, with fuel stocks …
Sri Lanka urges nationals in Lebanon to stay put
July 25, 2006 (AFP) - Sri Lanka, which has the largest contingent of expatriate workers in Lebanon, wants those trapped in the conflict to stay put …
Choices: Work with the Disaster Act or fix its flaws?
July 25, 2006 (LBO) - The 2004 tsunami was a shock. One out of 500 Sri Lankans died in the short space of three and a half hours when walls of water …
Tamil politician shot dead in Sri Lanka
COLOMBO, July 24, 2006 (AFP) - Suspected Tamil Tiger rebels shot dead a pro-government Tamil politician in Sri Lanka's main city of Colombo Monday, …
Sri Lanka seeks help for tens of thousands in Lebanon
July 24, 2006 (AFP) - Sri Lanka is seeking urgent help to evacuate workers trapped in Lebanon, despite the vast majority of its estimated 80,000 …
Txt Me
LONDON, July 24, 2006 (AFP) - Mobile phone text messages are changing the way people approach romantic relationships, according to a survey published …
Sri Lanka Central Bank ups rates; more hikes likely
July 24, 2006 (Dow Jones)--The Central Bank of Sri Lanka raised the repurchase rate and the reverse repo rate by 12.5 points each over the weekend, …
Square One
GENEVA, July 24, 2006 (AFP) - Key negotiators have made no progress as they try to bridge persistent differences and end a deadlock in the World …
Finance Rating
July 24 (LBO) – Lanka Ratings Agency (LRA) has given a BBB3 rating to the deposit-taking finance company LB Finance. LRA said it had a …
IFC to pilot online accommodation booking service for Sri Lanka
July 24 (LBO) – International Finance Corp is to pilot an online accommodation booking portal in Sri Lanka, so small and medium hotels can …
Empty Tank
July 24 (LBO) – An ongoing strike by trade unions at Sri Lanka’s petroleum distribution facility could cripple supplies at fuel sheds, if …
Romantic proposals to get hitched being ditched: British poll
LONDON, July 24, 2006 (AFP) - The classic romantic wedding proposal where a man offers his would-be fiancee an engagement ring while down on bended …
Macau to lead the way in Asia’s gaming boom: industry
SINGAPORE, July 24, 2006 (AFP) - Casino gaming is increasingly accepted as a revenue stream for Asian governments and the sector is set to continue …
Sri Lanka security alert as Tigers mark Black July
July 23, 2006 (AFP) - Sri Lanka Sunday stepped up its already tight security arrangements in the capital as Tamil Tiger rebels marked "Black July," …