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 …
All News
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 …
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, …
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 …
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 …
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 …
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 …
Piggy Bank
Feb. 28 (LBO) – Sri Lanka is set to launch a new development bank in April to promote future reconstruction and development work, a top …
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 …
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 …
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 …
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 …
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 …
The Sri Lankan government has begun work on new tourism zones
Feb 27 (LBO) - The Sri Lankan government has begun work on new tourism zones, acquiring land for development so that it can be rolled out for …
Sri Lanka stands by ceasefire with LTTE, though it is illegal.
Feb. 26 (LBO) - The government will abide by the agreements reached with the LTTE in Geneva, despite the original ceasefire agreement being illegal, …
Higher Rent
Sri Lanka’s housing finance giant HDFC Bank reported a sharp drop in profits and profitability for the last quarter of 2005, on higher staff …
Setting Sail
Feb. 24 (LBO) – State-run shipping carrier is floating its own service to tap the feeder business in the Indian subcontinent and plans to tap …
Red Flag
The woes the Indian state oil giant IOC’s Sri Lankan unit continues, as the firm took an unprecedented hit on its accounts to provision off a …
Mobile Growth
Feb 23 (LBO) – Dialog Telekom, a unit of Telekom Malaysia Bhd said Thursday it is splurging US$150 million to expand its network by over 50 …
Sri Lanka sets a record for January tea exports
Feb. 23 (LBO) - Sri Lanka shipped 24. online pharmacy buy diflucan with best prices today in the USA buy flomax online …
Ice Breaker
Feb 23 (LBO) - The Commercial High Court on Thursday rapped NDB Bank's top brass over allegations of mismanagement, asking for cause as to why they …
Rural Cover
Jan 23 (LBO) – The Asian Development Bank will help take insurance products to poor households in Sri Lanka, through a US$ 600,000 technical …