Road Bid
April 12, 2007 (LBO) – MTD Construction Sdn Bhd, a Malaysian construction firm that bought a Sri Lankan listed company last week, is eyeing a big highway …
Industry
Sri Lanka chases tea lovers, golfers to rebuild tourist image
April 12, 2007 (LBO) – Sri Lanka’s tourism promoters are trying to focus on niche markets, luring golfers and tea drinkers to visit the island …
Crash Cash
April 11, 2007 (LBO) - A Sri Lankan brewer whose truck was involved in a fatal bus-truck crash on Tuesday, is offering cash to accident victims, an official …
Dangerous Roads
INDURUWA, Sri Lanka, April 10, 2007 (AFP) - At least 22 people were killed and 57 others injured Tuesday when a crowded bus and a truck loaded with beer …
Sri Lanka leg of SAARC car rally winds its way through scenic beaches and cool hills
April 10, 2007 (LBO) – The Sri Lanka leg of the SAARC car rally was flagged off on Tuesday morning from Colombo where the rally would take a coastal road …
Clock Speed
April 10, 2007 (LBO) – Panora Corporation, a Sri Lankan computer firm, opened a 1.2 billion rupee manufacturing plant in Colombo to boost production of …
Power Drive
April 09, 2007 - Sri Lanka Monday officially kicked off work on building a Japanese funded hydro power project in the island's central hills, which will add …
Hedge Win
April 09, 2007 (LBO) – Sri Lanka's petroleum utility will get a 33 million rupee payment this week on the expiry of its first hedging contract for …
Port Builders
April 09, 2007 (LBO) – The Sri Lanka Ports Authority (SLPA) is having a pre-bid meeting Tuesday with private investors keen on building container …
Sales Push
April 09, 2007 (LBO) – Open source middleware company, WSO2 founded by a Sri Lankan, is ratcheting up its marketing efforts in the United States and …
Tsunami ˜Sahana’
April 09, 2007 (LBO) – Two Sri Lankan software and mobile phone technology developments meant to give warning and help relief efforts during disasters …
Telecom Gains
April 08, (LBO) - Telecom operators who rolled out rural networks in the last three years will get a five billion rupee refund of levies collected from every …
Fresh Funds
April 08, 2007 (LBO) – Massachusetts-based Virtusa Corp., an information-technology services firm with operations in Sri Lanka, is seeking 92 million …
Scenting Oil
April 6 (LBO) – The top official in charge of Sri Lanka’s search for oil has told the corporate sector to be ready to provide the support service …
Second Landing
April 4, 2007 (AFP) - Hong Kong's Cathay Pacific Airways Wednesday said it will resume flights to Sri Lanka after suspending services following a rebel attack …
Talk Only
NEW DELHI, April 5, 2007 (AFP) - Conflict-ridden South Asian nations made little headway in fighting terrorism or boosting trade at a summit this week despite …
VAT Fraud
April 04, 2007 (LBO) – Sri Lankan police have completed investigations into the multi-billion rupee value-added tax refund fraud and are ready to …
Trade Trigger
April 4, 2007 (LBO) – A proposed free-trade deal between Nepal and Sri Lanka could boost trade but analysts say there is more potential for service …
Supply Chain
March 30, 2007 (LBO) –Supermarket chain Marks & Spencer began shipping clothing made in their factories in the Indian sub-continent through the Global …
Shortcut
March 30, 2007 (LBO) –The Japanese will give 30-year loan to Sri Lanka to build a link highway that will connect the Colombo-Matara to the …