Humble Abode
June 23, 2006 (LBO) - Sri Lanka's housing authority is to set up a low income housing fund to help re-locate people in Colombo's under-served areas, run-down …
Industry
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Seamless Access
June 23, 2006 (LBO) – Over a dozens firms have responded to the telecom watchdog's call to take up a WiMAX license and offer services islandwide, the …
Hemas Holdings may jointly develop hotels with Thailand’s Minor International
June 22, 2006 (LBO) – Sri Lanka's Hemas Holdings Ltd may partner with Thailand's largest quoted resort and fast food operator Minor International Public …
Direct Orders
June 22, 2006 (LBO) – Sri Lanka Thursday said it will begin registering and regulating all broadcast satellite services, amidst the recent controversial …
Plum Job
June 22, 2006 (LBO) – Sri Lanka Thursday appointed Ajith Nivard Cabraal as the governor of the Central Bank, president Mahinda Rajapakse’s office …
Big Bank
June 22, 2006 (LBO) – Sri Lanka will merge several state-owned banks catering to small medium sector enterprises into one larger bank, a top government …
Web Net
SAN FRANCISCO, June 20, 2006 (AFP) - Fresh from a fight with US officials over the sanctity of online search information, Google on Tuesday joined an alliance …
Ships Ahoy
June 21 (LBO) – The Shipping Corporation has clinched a deal with Iran to buy an oil tanker and two container ships to begin feeder operations to the …
Quiet Walk
June 21, 2006 (LBO) – State Bank of India plans to expand its reach in Sri Lanka, making use of an upsurge in business climate since the February 2002 …
Tourists travel cautiously May arrivals show slow growth
June 20, 2006 (LBO) – Tourist arrivals to Sri Lanka showed slow growth in May as local violence grows and travel from some European and South Asian …
Calling Home
SINGAPORE, June 20, 2006 (AFP) - Future expansion in the mobile telephone business will come from developing economies whose less than affluent consumers …
Zipping Through
June 20, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest fixed line operator, plans to rollout a 200 million rupee project next month to …
Outback PC
June 19 (LBO) – Intel Corp together with Sri Lanka’s ICT Agency will soon pilot a rugged alternative to the conventional PC for rural areas, …
Fuel Buddies
June 19, 2006 (LBO) – Clubbing with big brother Emirates Airlines to get bulk fuel discounts and hedging oil prices on future markets has helped …
Sri Lanka’s tourist board chief prevented from leaving the country
June 19, 2006 (LBO) - The chairman of the Sri Lanka’s tourist board was prevented from leaving the country at the Bandaranaike International Airport …
Joint Force
FRANKFURT, June 19, 2006 (AFP) - Finnish telecommunications giant Nokia and German rival Siemens said Monday they would merge their telecoms equipment and …
Media blitz against child sex tourism in Sri Lanka
COLOMBO, June 19, 2006 (AFP) - The United Nations agency for children Monday announced the launch of a media campaign to discourage the sexual exploitation of …
Taxing Problem
June 18, 2006 (LBO) - Sri Lanka's financial sector has been a favorite target of fiscal authorities during the past few years. In addition to an increase in …
Burning Low
June 18, 2006 (LBO) – Sri Lankans have been urged to crawl under the sheets early, turn up the heat on air-conditioners and give up late night football …
Calling Cabbies
June 16, 2006 (LBO) -- Sri Lanka has structured a call option instrument, which allows investors to bid for nine taxi service licenses to be auctioned on the …