Little Treat
Apr.04 (LBO) – Sri Lanka Tuesday formalised an US$8.5 million grant on top of an already pledged US$7.0 million by Switzerland towards tsunami rebuilding …
Industry
Switching Gears
Apr.04 (LBO) – Sri Lanka's Associated Motorways Ltd said Tuesday that they had invested Rs. 100 million to start a fully owned leasing company. AMW …
Pakistan Tie
Apr.03 (LBO) - Sri Lanka has asked the Pakistan government to start a Colombo-Karachi ferry service and liberalise air services during President Mahinda …
Fresh Look
Apr.03 (PTI) - The BBC today announced a re-broadcasting deal with Sri Lanka's state-run radio and said it was looking for possible joint ventures for Hindi …
Quick Chat
Apr. 03 (LBO) – Sri Lanka will take up thorny issues like shipments of pepper and vanaspati oil to India, when both sides meet for trade talks in Colombo …
Sugar Power
April 03 (LBO) -- Pelwatte Sugar has applied to the Ceylon Electricity Board to build a 25MegaWatt power plant fired by sugar cane waste, making it the largest …
New Feather
Apr.03 (LBO) – Sri Lanka's Hemas Holdings Ltd Monday announced the appointment of Lalith de Mel as the group's chairman. Husein Esufally will continue to …
Wired World
Apr. 03 (LBO) – Computer sales in Sri Lanka are forecasted to grow 11 percent by 2011, largely driven by demand from public sector, telecom and financial …
Liquid Potential
Mar. 31 (LBO) - Small hydro company Vallibel Power Erathne, that opens its share issue on April 6, is bullish on Sri Lanka's hydro and other renewable energy …
Fresh Date
Mar. 31 (LBO) – Sri Lanka's Sampath Bank put off its extraordinary general meeting Friday to discuss a proposal to lift minimum shareholder limits at a …
Short Hop
Mar. 31 (LBO) – Sri Lanka Telecom, the island's dominant fixed-line operator, Friday said they will resume sales of Code Division Multiplex Access or …
Neat Fit
Mar. 30 (LBO) - The open source middleware start up WSO2 said Thursday that its WSO2 Tungsten product is fully interoperable with Microsoft's upcoming Vista …
Buying Time
Mar. 30 (LBO) – Sri Lanka's Commercial Bank of Ceylon Thursday put off its annual and extraordinary general meetings till next week, as shareholder …
Costly Plastic
Mar. 30 (LBO) – Sri Lanka's treasury secretary P B Jayasundara has asked the two state banks to step up credit card sales to public servants, following …
Filling Gaps
A fast track program to give non-tech graduates jobs in the IT field has paid off, with a first batch of students finding full time work in top companies. …
Extended Invitation
Mar. 29 (LBO) - Sri Lanka's Department of Inland Revenue is giving three extra months to pay back-taxes without facing penalties. online pharmacy buy strattera …
Expensive Joke
Mar. 29 (LBO) – Sri Lanka will introduce stamp duties from April on a range of services like credit cards, leasing and insurance policies, as the …
Damage Control
Mar. 27 (LBO) - Sri Lanka may impose a cess of up to 10 percent on imports to plug a loss in tax revenues, when import tariffs are lowered in April under the …
Audit Protest
Mar.26 (LBO) - Sri Lanka's government auditors are threatening industrial action against chronic inaction by authorities and the parliament to crackdown on …
Drama Tax
Mar 23 (LBO) - Sri Lanka passed controversial laws on Tuesday to tax imported movies, dramas, sitcoms and commercials, though tax rates and conditions have not …