Soaring Eagle
Feb. 01 (LBO) – Aviva, UK's largest insurance giant's, picked up controlling stake in Eagle Insurance Ltd for £15 million or Rs. 2.7 …
All News
Going Soft
Feb 03 (LBO) - Sri Lanka's key international donors put off their Friday meeting with Tamil Tiger rebels, following protests by Marxists and Buddhist …
Patriotic Bonds
Feb. 01 (LBO) – Sri Lanka plans to issue a US$ 25 million sovereign bond to expatriate countrymen this week, to fund the island's rebuilding …
Sri Lanka plans to issue a US$ 25 mn sovereign bond
Feb. 01 (LBO) - Sri Lanka plans to issue a US$ 25 million sovereign bond to expatriate countrymen this week, to fund the island’s rebuilding …
What a Stink
Feb. 01 (LBO) – The Colombo Municipal Council (CMC) says it will clear Colombo™s garbage pileup by end of the week. We have cleared most of …
Import duties go up on rice, wheat flour
Jan. 31 (LBO) - Sri Lanka Tuesday raised import duties (taxes) on rice and wheat flour to discourage flour imports and to boost demand for local …
Big Step
Jan. 31 (LBO) ? Sri Lanka's leasing industry is asking authorities to allow them to raise public deposits in return for infusing higher capital into …
Top donors to shake hands with Tamil Tigers on Friday
Jan. 31 (LBO) - Top officials from international donor agencies will travel to the north on Friday to meet Tamil Tiger representatives to discuss …
High prices of firewood, cigarettes fail to ignite Sri Lanka’s inflation
Jan. 31 (LBO) ? Sri Lanka's annual inflation rate for January eased marginally to 11.1 percent from 11.6 percent, despite high prices in firewood and …
Raising Stakes
Jan 31 (LBO) - Aitken Spence upped its stake in Ace Power Embilipitiya (Private) Ltd. buy cymbalta online …
Indian Presence
Jan. 29 (LBO) - Mumbai based UTI Bank has sought a license to set up a commercial bank in Sri Lanka, soon after ICICI bank was given the go ahead to …
Indian Presence
Jan. 29 (LBO) - Mumbai based UTI Bank has sought a license to set up a commercial bank in Sri Lanka, soon after ICICI bank was given the go ahead to …
Big Mama
Jan. 30 (LBO) ? Sri Lanka's state-run Bank of Ceylon said Monday, that a generally upbeat sentiment in business helped its profits swell by 13 …
Capital Building
Sri Lankan venture capital firm, V Capital will invest in the luxury homes business, after exiting all its earlier investments. online pharmacy buy …
Quick Exit
Jan 30(LBO) -Sri Lanka’s Department of Immigration and Emigration is trying to reduce the queue up for passports. Jan 30(LBO) -Sri Lanka’s …
Anchors Away
The conditions of a US$ 150 million Asian Development Bank (ADB) loan to part fund Colombo’s long over due port expansion, will be finalized by …
Garbage In
Jan. 29 (LBR) - Municipal councils are inconsiderate and residents are dumping garbage as the city struggles with managing large amounts of waste. …
Warning from the sky
Jan. 29 (LBR) - A Sri Lankan research organisation is deploying a satellite dependent early warning system to warn people about natural disasters …
High Power
Jan. 29 (LBR) - Electricity generation costs are likely to jump by 20 percent to around Rs. buy estrace online …
Peace Advice
Jan. 29 (LBR) - Big business can do more to cement the peace process by focusing on weak links like human rights and promoting pluralism according to …
Social Constraints
Sri Lankan architects say post-tsunami reconstruction has ignored the coastal community’s social makeup and small neighbourhood lifestyles. online …
Galadari Hotels to convert long standing debt, to equity
Sri Lankan five star city hotel Galadari Hotels Limited, will seek shareholders approval to convert part of two long standing loans, to equity. buy …
Crowded Space
World Intellectual Property Organisation (WIPO) reports a 20 percent jump in action against cybersquatting but Sri Lankan companies still not …
Thrice Lucky
The Asian Development Bank says it is willing to stay on in the power sector, despite the government missing its second deadline for a US$ 60 million …