Sri Lanka sees foreign visitors surge 55-pct in December
Jan 10, 2008 (LBO) – Foreign visitors to Sri Lanka surged 55 percent in the peak winter season month of December 2007, the island's tourism promotion …
Industry
Top Dog
Jan 09, 2007 (LBO) – NDB Investment Bank (NDBIB) said it had helped mobilize 30 billion rupees in debt and equity from Sri Lanka's capital markets in …
Cyber Trade
Jan 09, 2007 (LBO) – The Ceylon Chamber of Commerce 'Trade Point' electronic commerce gateway has been activated, enabling Sri Lankan small businesses to …
Retailer Rating
Jan 09, 2008 (LBO) – Rating agency Fitch assigned 'A (lka)' long term rating to Abans Private Limited in Sri Lanka with a stable outlook, the agency said …
Sri Lankan Airlines in transitional management deal with Emirates
Jan 09, 2007 (LBO) – Sri Lanka was working on a transitional management structure with Emirates for national carrier Sri Lankan Airlines after the Middle …
Sri Lanka gets World Bank push for renewable power
Jan 09, 2008 (LBO) – A new credit line from the World Bank inked Wednesday will help build 50 mega watts of power in rural Sri Lanka, helping light up …
Sukuk Securities
Jan 09, 2008 (LBO) – Sri Lanka's Peoples' Leasing Company (PLC), the island's top vehicle financier, plans to raise more than 500 million rupees through …
Forestry Tourism
Jan 09, 2008 (LBO) – A Sri Lankan leisure group is involving tourists in a reforestation project as the country's main tourism promotion body attempts to …
Qatar Airways plays down Sri Lankan interest: report
Jan 08, 2007 (LBO) – Middle Eastern carrier Qatar Airways has played down its interest in Sri Lankan Airlines after its current managing shareholder …
Sri Lankan Airlines to be run by government again: official
Jan 08, 2007 (LBO) – Sri Lanka's government will take the reigns of SriLankan Airlines after a management agreement with Emirates Airlines ends in March …
Sri Lanka expects tourism boost from devout visitors
Jan 08, 2008 (LBO) – The arrival of a spiritual leader and his followers for a religious ceremony in Sri Lanka will boost foreign visitors in January, …
Sri Lankan Airlines less attractive without catering, ground handling: analysts
Jan 07, 2008 (LBO) - Sri Lankan Airlines is not an attractive opportunity for potential investors unless it comes with ground handling and catering, as airline …
Bunker Battle
Jan 07, 2008 (LBO) – Sri Lanka's army overran Tamil Tiger fortifications in north-western Mannar while also engaging them on two other fronts in clashes …
Quit Notice
Jan 06, 2007 (LBO) – Emirates said it would stop managing Sri Lankan Airlines after March 2008, ending months of controversy and a troubled relationship …
Free Trade
Jan 05, 2008 (LBO) – Sri Lanka and India have reached agreement on improving access for the island's exports like tea to the Indian market but have yet …
Kala Pola
Jan 05, 2008 (LBO) – An annual open air art fair in the Sri Lankan capital Colombo will see more than 300 artists and sculptors displaying their …
Gassing Up
Jan 04, 2007 (LBO) – Sri Lanka's second cooking gas retailer raised prices by 17 percent Thursday on a formula approved by the consumer authority while …
Record Highs
NEW YORK, Jan 2, 2008 (AFP) - Oil prices spiked to record closing highs within striking distance of 100 dollars a barrel Wednesday, triggering inflation …
Century!
SINGAPORE, Jan 3, 2008 (AFP) - World oil prices eased in Asian trading on Thursday after briefly hitting 100 dollars a barrel for the first time, jolting …
Sri Lanka raises hotel rates amid bomb attacks: officials
Jan 2, 2008 (AFP) - Sri Lanka's luxury hotels raised their rates on Wednesday despite an escalating ethnic civil war that triggered a 20 percent drop in …