Final Showing
June 14 (LBO) – The Treasury has drawn up a list of tax rates and concessions on imported Hollywood and Bollywood blockbusters, likely to be finalised …
Industry
Small Umbrella
June 13, 2006 (LBO) – Hatton National Bank, Sri Lanka's second largest privately owned lender by assets, has stepped up its micro credit programme by …
Wage Bank
June 13, 2006 (LBO) - State bank employees will get a salary hike of up to 20 percent under a new agreement with trade unions. Bank of Ceylon, People’s …
Healthy Spat
June 13 (LBO) – Sri Lankan employers are to work with trade unions to build dialogue in key areas like health, education and power, under a European …
Simmering Heat
SINGAPORE, June 12, 2006 (AFP) - Oil prices were easier in Asian trade Monday, with the market waiting for the next lead on tensions over Iran's controversial …
Top Secret
June 12, 2006 (LBO) – The Sri Lankan government is to ink a deal with Lanka Indian Oil Corp, towards the end of this month, to amend the petroleum …
Indo-Lanka trade relations slip on oily issues
June 11, 2006 (LBO) – Two kinds of oil. One fires up vehicles, the other adds flavour to cooking. The two have managed to create a nasty oil spill …
Oily Cousins
June 11, 2006 (LBO) – Two kinds of oil. One fires up vehicles, the other adds flavour to cooking. The two have managed to create a nasty oil spill …
Slow Trot
June 10, 2006 (LBO) – Sri Lanka raise fuel prices from midnight Saturday after a two-month lag to offset a surge in global oil prices, a top official …
Last Resort
June 9, 2006 (LBO) – Sri Lanka's CBNSat a local cable television operator -- is appealing to customers to be patient while they engage in a court battle …
Olive Branch
June 9, 2006 (LBO) -- Sri Lanka plans to repay millions of dollars due to the troubled fuel retailer Lanka IOC, in cash and bonds to meet immediate purchases …
New Broom
June 08 (LBO) - The newly set up, state-sponsored Lanka Puthra Development Bank is to begin operations by the end of this month, but the bank, which has no …
Trade Swap
June 08 (LBO) – The Asia Pacific Trade Agreement between six Asia Pacific countries including Sri Lanka will kick off on July 1 this year, offering deep …
Safe Investment
June 7 (Dow Jones) - Sri Lanka's Richard Pieris & Co. said Wednesday it would make a capital gain of 125 million rupees (1.2 million dollars) from the sale of …
Cash Cow
June 7, 2006 (LBO) – Private fixed line operators are among the few trying to lay their hands on the fifth mobile phone license which has come up for …
Sealed Link
June 07 (LBO) - Authorities in Sri Lanka shut down pay television channel CBNSat which was using satellite communications technology without proper approval, …
Against Odds
June 6, 2006 (LBO) – Diversified Hemas Holdings Ltd Tuesday posted a 16 percent growth in full-year profits for the year ended March 31, 2006, boosted by …
Facelift
The newly re-constituted Strategic Enterprises Management Agency (SEMA) says it is reviewing all state institutions under its management and developing action …
Big Bucks
BANGALORE, India, June 6, 2006 (AFP) - US technology giant IBM said Tuesday it will triple its investments in India to six billion dollars over the next three …
Oil Strikes
NEW DELHI, June 6, 2006 (AFP) - A sharp hike in Indian fuel prices sparked uproar against the government Tuesday as both its communist allies and the main …