No Cash
Nov 07 (LBO) – Sri Lanka is to ask Reliance Industries of India and Petronas of Malaysia for extended credit on fuel purchases, to ease recent pressure …
Industry
Flying High
November 6, 2006 (LBO) – Dubai’s Emirate Airlines Monday reported a steady profit growth as the carrier flew more passengers and carried more …
Southern Link
November 6, 2006 (LBO) – Asiri Hospitals Ltd, currently at the centre of a takeover battle, announced plans on Monday to invest and develop a hospital in …
Private Property
Nov 06, 2006 (LBO) – Sri Lanka Monday announced measures to charge a royalty fee on the commercial use of local artists™ creations and penalties for …
Ocean Link
November 6, 2006 (LBO) – An undersea optical fibre cable between Sri Lanka and the Maldive Islands could be the first leg of a trans-Indian Ocean cable …
Beating Odds
NEW DELHI, Nov 5, 2006 (AFP) - Seven Indian cities have emerged as the most favored outsourcing destinations globally, beating out rivals such as Manila, …
Chatterboxes
DHAKA, Nov 5, 2006 (AFP) - The number of subscribers to Bangladesh's top mobile phone company exceeded 10 million Sunday as low call rates and cheaper phones …
Fiscal Fiasco
November 14, 2006 (LBO) – The massive fiscal cost and the subsequent body blow delivered to the economy of Sri Lanka by indiscriminate fuel subsidies …
Promised Land
Nov 03 (LBO) – An Indo-Lanka economic partnership agreement to free up services like banking and insurance, professional services and aviation, has been …
Intellipedia
WASHINGTON, Nov 3, 2006 (AFP) - US officials say they have created their own version of the Wikipedia online encyclopedia for intelligence agents, in a bid to …
Aye, Aye
November 02, 2006 (LBO) – Sri Lanka’s Sampath Bank Ltd’s shareholders Thursday voted in favour of raising the bank’s authorised share …
Scam Trail
November 2, 2006 (LBO) – Authorities who are probing the Seagullsoftware Ponzi scam have found that the firm had accounts in at least two commercial …
Bigger Load
Nov 01 (LBO) – SriLankan Airlines said Thursday that it would launch a regional charter service carrying cargo to South Asia, even reaching destinations …
Wider Footprint
November 2, 2006 (LBO) – Sri Lanka’s number two mobile operator Celltel said on Thursday it has built 200 new towers in six months, to virtually …
New Cap
November 2, 2006 (LBO) – Manju Hathotuwa former head of Sri Lanka’s ICT Agency has secured a posting with the World Bank for 18 months. An engineer …
Post Office Banking
Nov 1, 2006 (LBO) – Banking giant HSBC tied up with Sri Lanka’s General Post Office on Wednesday to widen customer access to general banking …
Pirates’ Play
KUALA LUMPUR, Nov 1, 2006 (AFP) - Piracy declined globally this year, but Chittagong in Bangladesh was now the world's most dangerous port, with a rise in …
Steady Growth
November 1, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest telephone company, Wednesday reported a third quarter profit gain of 42 percent …
Unplugged
TOKYO, Nov 1, 2006 (AFP) - Times have changed since Nobutoshi Kihara sketched out designs for the revolutionary Walkman on a piece of paper. online pharmacy …
Short Changed
Nov 01 (LBO) – Sri Lanka™s consumer watchdog is stepping up raids in shops and supermarkets to weed our creative pricing and other offences, as Sri …