Tele Numbers II
May 9, 2007 (LBO) – Sri Lanka Telecom, the country's largest fixed access operator saw after tax profits growing by 53 percent to 1.98 billion in the …
Industry
Still Trying
May 09, 2007 (LBO) -- Nippon Telegraph and Telephone, Japan's largest phone company, said Wednesday it has still not sold its flagship investment in Sri Lanka …
Billion Mark
May 08, 2007 (LBO) – Commercial Bank has reported group net profit growth of 37 percent to 1,028.8 million rupees for the first quarter ended March, with …
Cyber Crime
May 08, 2007 (LBO) – Sri Lanka on Tuesday enacted the Computer Crimes Bill introducing legislation which gives more power to law enforcement agencies …
Getting Warm
May 8, 2007 (LBO) – Sri Lanka's advertising fraternity is kicking off a week long fest in the run up to the Sri Lanka Advertising Awards, the Chillies …
Big and Small
May 7, 2007 (LBO) – A local bank and an international micro-finance specialist have tied up with the world's largest bank to widen banking access to …
Bailout Probe
May 08, 2007 (LBO) -- Sri Lanka has appointed a special presidential commission to probe finance companies that went bust in the past, after the country's top …
Hatton Profits
May 08, 2007 (LBO) – Hatton National Bank's group net profit grew 33 percent to 344 million rupees with a strong 46 percent growth in foreign exchange …
Friendly Fire
May 7, 2007 (AFP) - Sri Lanka has restricted domestic flights and banned amphibious aircraft from using irrigation reservoirs following Tamil Tiger air …
More Protection
May 6, 2007 (AFP) - Sri Lanka is to tax film producers who use foreign stars in a move to protect its own movie market and combat cheaper imported labour from …
Profit Warning
May 05, 2007 (LBO) – Emirates, which owns 40 percent of SriLankan Airlines has warned its main shareholder, the Dubai government, that profits of the …
New Sked
May 04, 2007 (LBO) – SriLankan Airlines is re-scheduling all its flights ahead of the closure of Colombo airport during the night, the airline said …
Watery Depression
May 04, 2007 (LBO) – Heavy rains lashed Sri Lanka's capital for the second day, putting large areas under water, while the authorities closed part of the …
Liquidity Search
May 04, 2007 (LBO) – Malaysia Telekom is looking to increase the liquidity of its Sri Lanka unit's stock, by selling down a small part of its majority …
Wireless Chase
May 04, 2007 (LBO) – The race to buy the fixed wireless operator Suntel has narrowed down to four contenders, with an Indian telecom firm expecting to …
Flat Chat
May 3, 2007 (LBO) – Sri Lanka's top celco Dialog Telekom revenue grew 26 percent but consolidated profits remained flat in the March quarter as newly …
Airport Curfew
COLOMBO, May 3, 2007 (AFP) - Sri Lanka's international airport will close at night from next week following a spate of bombing raids by Tamil Tiger aircraft …
Reconnecting
May 2, 2007 (AFP) - Dubai's Emirates Airlines said on Wednesday it would resume day-time services to Sri Lanka which were suspended following Tamil rebel air …
Aviation Hub
May 01, 2007 (LBO) – A trimming of services to Sri Lanka by major international carriers is undermining Colombo's aspirations to be a regional aviation …
Large Loan
May 01, 2007 (LBO) – Bank of Ceylon said it had completed Sri Lanka's largest international syndicated loan when it raised 210 million dollars in a …