General Growth
May 25, 2007 (LBO) - Janashakthi Insurance Co. Ltd, says general insurance premiums grew 37 percent in the first quarter with motor insurance growing 40 …
Industry
Slipping In
May 25, 2007 (LBO) – The Sri Lanka unit of the Indian Oil Corporation is planning to boost its 13 percent share in the island's lube business after …
Dubai Flight
May 25, 2007 (LBO) – Sri Lanka government and Emirates airlines would soon have discussions on extending Srilankan Airlines' management deal with the …
Oil Numbers
May 24, 2007 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation has posted higher profits in the March quarter helped by a provision write-back and …
Maritime Stakes
May 24, 2007 (LBO) – The Sri Lanka Ports Authority (SLPA) is to start construction work on the planned new deep-water port in Hambantota on the island's …
Money Talks
May 24, 2007 (LBO) – Shareholders of Dialog has approved its 15.5 billion rupee rights issue which is the highest cash call made on the Colombo Stock …
Tell All
May 23, 2007 (LBO) – A presidential commission appointed to probe failed finance companies is calling for members of the public to contact the commission …
It’s On
May 23, 2007 (LBO) – Sri Lanka's Central Bank says it has strengthened action against pyramid schemes and not halted or scaled down investigations in the …
Retail Takeover II
May 23, 2007 (LBO) – Listed firm Khsatriya Holdings said it had reached a deal with the owners of Kings Super retail chain to purchase its assets and …
New Link
May 23, 2007 (LBO) - Japan Wednesday gave Sri Lanka a 15-million-dollar loan to re-build a key bridge in the embattled north-western district of Mannar, the …
Dot Mobile
A Colombo city guide on the internet, available on mobile phones, that offers useful services and shopping was launched this week. online pharmacy buy spiriva …
Security Hit
May 23, 2007 (LBO) – Alpha Airports, a UK firm which owns and operates the duty free liquor franchise at Colombo airport has warned of a downturn in …
No Gain
May 23, 2007 (LBO) – National Development Bank has reported group after-tax profits in the first quarter ending in March 2007 was 299 million rupees, a …
Trade Ties
May 22, 2007 (LBO) – Sri Lanka and the Maldives plan to set up a bilateral business council this week to promote trade and investment between the two …
Retail Takeover
May 22, 2007 (LBO) – Listed firm Kshatriya Holdings said it had reached a deal with the owners of Kings Super retail chain to purchase its assets and …
Call Me
May 22, 2007 (LBO) -- Sri Lanka plans to allow third parties to operate payphone booths in an attempt to popularise them in far flung areas outside the city of …
Sri Lanka media freedom, human rights, law and order sliding
May 22, 2007 (AFP) - Cases of murder, abduction, disappearance and intimidation surface almost daily in Sri Lanka as the South Asian nation appears to be …
Housing Boom
May 22, 2007 (LBO) – Consolidated net profits at HDFC Bank, a mortgage lender, grew 35 percent while revenues grew 40 percent for the quarter ending …
New Port
May 21, 2007 (LBO) – Four investor groups have sent in bids to build the infrastructure and do the dredging for the Colombo Port Expansion Project, a new …
Tourist arrivals to Sri Lanka continue to slide fighting escalates
May 21, 2007 (AFP) - The number of holidaymakers visiting Sri Lanka fell by nearly 20 percent in the first four months of this year as fighting between troops …