Smooth Landing
Mar. 07 (LBO) – Sri Lanka's Distilleries Group said Tuesday that they have picked up the controlling stake in the island's pioneering unit …
All News
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Buckled
Mar. 07 (LBO) -- The monetary board of Sri Lanka's central bank is now short of one member as a procedural snag has held up the appointment of a …
Picking Crumbs
Mar 07 (LBO) – The Treasury has settled Rs. 500 million in unpaid subsidy bills due to Lanka Indian Oil Corp., weeks after the company's …
High Jump
Mar.06 (LBO) – Sri Lanka’s Hatton National Bank said Monday that it posted a 134 percent growth in post tax profits for the full-year …
Hedging Risks
Mar. 06 (LBO) – Commercial Bank of Ceylon has sought expertise of a foreign actuarial to structure a pension buyback scheme for employees, …
Sri Lanka’s John Keells scouts new Maldivian property
Mar. 06 (LBO) – Sri Lanka's largest hotel operator, John Keells Holdings, is in the process of picking up another Maldivian resort to add to …
Slow Take-off
Mar. 05 (LBO) – Two of the three airlines that were given provisional approval to start international services out of Sri Lanka have so far …
Sri Lanka puts the clock back after 10 years
Mar 04 (AFP) - Sri Lanka will put the clock back by half an hour and revert to its original time after a 10 year experiment that failed to save …
Stock punters unaware of full gains in recent peace talks: peace advocate
Mar. 04 (LBO) – Punters in Sri Lanka's stock markets have not yet priced in the full benefits of the re-started peace talks between the …
Joint Deal
Mar. 03 (LBO) – Sri Lanka's Hemas Holdings said Friday it added local courier firm ACX International pte Ltd, to their growing portfolio of …
Fortune Hunters
Mar. 03 (LBO) -- About 35 percent of local trademark applications are thrown out, as fortune hunters try to strike gold by piggybacking on an already …
Foreign Flavour
Mar. 03 (LBO) – Sri Lanka is looking at the possibility of getting into a partnership with foreign governments to explore oil off the …
Off Duty
Mar02. (LBO) -- Sri Lanka's second wireless local loop operator says it has lobbied the authorities to scrap a tax on CDMA handset imports. online …
Excessive rain curbs Sri Lankan tea production
Mar. 02 (LBO) - Sri Lanka's tea production for January dipped to 24. buy fildena online fildena online generic 7 million kilos from 26.0 million …
Tourists flock to Sri Lanka in Jan
Mar. 02 (LBO) -- Sri Lanka’s tsunami-hit hospitality industry made a comeback in January, as holidaymakers flocked to the island. However, …
Sri Lanka picks up Rs. 19.4 billion cheque from Japan
Mar. 02 (LBO) – Sri Lanka Thursday signed up for Rs. 19.4 billion loans from Japan to develop three key infrastructure projects, the finance …
Island Call
Mar. 01 (LBO) -- Fixed line giant Sri Lanka Telecom (SLT) will add the Maldivian incumbent telco operator to its list of regional clients, …
Big Bills
Mar. 01 (LBO) -- Swedish telco operator Telia AB’s Sri Lankan subsidiary on Wednesday reported a 66 percent drop in six months to December …
Illiteracy, no jobs, high risk activities among South Asia’s young could stifle progress
Illiteracy, no jobs and high risk behaviour among South Asia’s young people could affect the region’s progress and development, the World …
Short Leash
Feb. 28 (LBO) – Swedish owned telecom operator Suntel, plans to tap local banks this year to raise US$80 million, despite a government …
Rising costs of electricity, firewood and milk tea fail to push Sri Lanka’s inflation
Feb. 18 (LBO) – Sri Lanka's annual inflation rate for February slipped to 10.3 percent from 11.1 percent in January, despite high costs of …
Line Extension
Feb 28. (LBO) -- Sri Lanka’s cellular service pioneer Celltel picked up a ten year license extension to 2018, a company statement said on …
Looking Abroad
Feb. 28 (LBO) – Sri Lanka's Sanasa Development Bank is looking for foreign money to bring its capital up to the new Central Bank core capital …
E-mail Service
Feb 28. (LBO) -- Sri Lanka™s state run Postal Department is scouting for Rs. online pharmacy buy diflucan with best prices today in the USA buy …