Sri Lanka rejects Oslo venue for peace talks

Sri Lanka’s president Wednesday rejected a Tamil rebel demand to hold talks in Oslo and welcomed a statement from an international quartet this week that urged the guerrillas to halt killings. Sri Lanka’s president Wednesday rejected a Tamil rebel demand to hold talks in Oslo and welcomed a statement from an international quartet this week […]

Open Doors

DHAKA, Dec 19 (AFP) – Seven South and Southeast Asian nations are set to launch a goods free trade agreement from July 2006, which promises to generate additional trade worth 40 billion dollars, Bangladesh’s Foreign Minister Morshed Khan said on Monday.DHAKA, Dec 19 (AFP) – Seven South and Southeast Asian nations are set to launch […]

Unpleasant Facts

Sri Lanka’s national child protection agency reports 409 cases of child abuse in 2004 but says this is only tip of the iceberg. Sri Lanka’s national child protection agency reports 409 cases of child abuse in 2004 but says this is only tip of the iceberg. “We get complaints of child abuse but what we […]

Max Plans

Fixed line giant Sri Lanka Telecom on Monday signed up US based Aperto Networks and Canada’s SR Telecom to deploy a test wireless broadband solution. Fixed line giant Sri Lanka Telecom on Monday signed up US based Aperto Networks and Canada’s SR Telecom to deploy a test wireless broadband solution. The WiMAX network is due […]

Moving Parts

Lanka IOC said it is proceeding forward with plan to set up a lubrication blending plant in Trincomalee despite working capital constraints in its fuel retailing business.Lanka IOC said it is proceeding forward with plan to set up a lubrication blending plant in Trincomalee despite working capital constraints in its fuel retailing business. Lubed Up […]

Fuel to the Fire

Shares in retail fuel giant Lanka IOC Ltd., were suspended Tuesday, as the firm grapples with working capital constraints.Shares in retail fuel giant Lanka IOC Ltd., were suspended Tuesday, as the firm grapples with working capital constraints. A Colombo Stock Exchange spokesperson told LBO the stock was suspended pending a clarification from the Indian fuel […]

Sri Lanka’s HNB goes for mammoth bond issue

Sri Lanka’s Hatton National Bank said Monday it is privately raising Rs.1.31 billion in debt to top up its capital and fall in line with regulatory requirements. Sri Lanka’s Hatton National Bank said Monday it is privately raising Rs. 1.31 billion in debt to top up its capital and fall in line with regulatory requirements. […]

‘s HNB goes for mammoth bond issue

Sri Lanka’s Hatton National Bank said Monday it is privately raising Rs.1.31 billion in debt to top up its capital and fall in line with regulatory requirements. Sri Lanka’s Hatton National Bank said Monday it is privately raising Rs. 1.31 billion in debt to top up its capital and fall in line with regulatory requirements. […]

Seafarers

The Colombo port is perceived to be the least advantages among four regional ports surveyed by the former SLPA Chairman.The Colombo port is perceived to be the least advantages among four regional ports surveyed by the former SLPA Chairman. Former SLPA Chairman and current Aitken Spence Shipping chief Dr.Parakrama Dissanayake told a seminar on trade […]

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