Limit Less
May 4 (LBO) – Sri Lanka's state-owned railway is trying to find money to make urgent repairs to dilapidated tracks, which is forcing trains to run slow. …
Industry
Checking Numbers
May 3 (LBO) – A Chinese construction firm selected to design and build the Colombo-Katunayake expressway submitted their financial proposal last week …
Flying Easy
May 3 (LBO) -- A new ticketing system for Sri Lanka that cuts the paper trail between airlines and travel agents took off Wednesday, with Emirates issuing the …
Mixed Results
May 02 (LBO) – Indo-Lanka trade talks hit a roadblock last week with dialogue on trade in goods shelved for later this month, though talks on services …
Low Value
May 2 (LBO) -- A lower than expected valuation of prime commercial property belonging to Sathosa may delay its sale to a state bank, a top official said. …
Trade Glitch
May 02 (LBO) - A tariff cut of up to 70 percent on imports from India under the Indo-Lanka Free Trade Agreement has been pushed back due to legislative delays. …
Cut Down
May 02 (LBO) - Fitch Ratings revised the outlook on Sri Lanka Telecom’s foreign currency debt to negative from stable, but said the rating of BB- remains …
Iranian Shadow
LONDON, Apr. 28 (AFP) - World oil prices eased Friday on receding worries over US motor oil supplies but held above 70 dollars per barrel on rising tensions …
Keeping Pace
Apr. 28 (LBO) – SriLankan Airlines Friday said it will raise fuel surcharge on ticket prices by up to 30 dollars from May 5, to partially offset soaring …
United Front
DHAKA, April 27, 2006 (AFP) - Health ministers from seven South Asian nations have decided to develop a common strategy to combat bird-flu in the region, a …
Cruising Along
Apr.26 (LBO) – Lanka IOC, a unit of Fortune 500 Indian Oil Corportaion, is confident of maintaining uninterrupted supplies from their tank farm in …
Attacks unlikely to hurt tourism -Govt Official
Apr. 26 (Dow Jones)--Attacks by Sri Lanka's military on Tamil Tiger rebel bases in the northeast since late Tuesday are unlikely to hurt the country's tourism …
Waiting Game
Apr. 26 (Dow Jones)--A suicide attack in the Sri Lankan capital and airstrikes in the east of the country aren't worrying foreign investors, and the government …
Close Circuit
Apr. 26 (LBO) – Sri Lanka has started a financial intelligence unit to track foreign exchange dealings in excess of 5,000 dollars, treasury secretary P B …
Thailand seeks bigger share of booming business tourism market
SINGAPORE, Apr.25 (AFP) - Thai tourism officials on Tuesday launched a regional campaign to promote the kingdom as Southeast Asia's premier convention and …
Wide Berth
Apr.25 (LBO) – Virtusa Corp., the U.S. based software development company, Tuesday announced plans to invest 15 million dollars to expand operations in …
Scout Partner
DHAKA, Apr. 25 (AFP) - Cash-strapped national carrier Biman Bangladesh Airlines is looking for a strategic partner to revive its financial fortunes, a minister …
Ignorance Bliss
SINGAPORE, Apr. 25 (AFP) - The Philippines, Singapore and Japan escaped the 2004 tsunamis which devastated much of Asia but some potential travelers believe …
Old Ghost
GENEVA, Apr. 25 (AFP) - The spectre of failure has returned to haunt the World Trade Organisation, as negotiators prove unable to maintain momentum in the Doha …
Jackpot
PARIS, Apr.24 (AFP) - While governments and consumers weep over the rise and rise of fuel prices, oil companies are rubbing their hands in glee. Last year the …