Thrice Lucky

The Asian Development Bank says it is willing to stay on in the power sector, despite the government missing its second deadline for a US$ 60 million loan.The Asian Development Bank says it is willing to stay on in the power sector, despite the government missing its second deadline for a US$ 60 million loan. […]

‘s telecom sector goes through another growth spurt.

Every time the telecom sector goes through a growth spurt in Sri Lanka, congestion becomes a topic of conversation. People begin to grouse that the companies are cheating the customers by giving them telephones but not the ability to make calls. Every time the telecom sector goes through a growth spurt in Sri Lanka, congestion […]

Tourist arrivals to Sri Lanka drops by 3% in 2005

Jan 26 (LBO) – Sri Lanka’s tourism industry struggles back to its feet after the tsunami, to be knocked down by internal politics.Jan 26 (LBO) – Sri Lanka’s tourism industry struggles back to its feet after the tsunami, to be knocked down by internal politics. The Sri Lanka Tourist Board on Thursday, reported a 3 […]

Legal Indian

Jan 26 (LBO) – Sri Lanka will repeal an ancient law governing Indian immigrant labour while also changing laws dealing with industrial disputes, the government said Thursday. Jan 26 (LBO) – Sri Lanka will repeal an ancient law governing Indian immigrant labour while also changing laws dealing with industrial disputes, the government said Thursday. “A […]

No Cover

Jan 25 (LBO)- The Asian Human Rights Commission (AHRC) urges Sri Lanka to take a leaf out of Indian Supreme Court ruling and bring Constitutional violations to book.Jan 25 (LBO)- The Asian Human Rights Commission (AHRC) urges Sri Lanka to take a leaf out of Indian Supreme Court ruling and bring Constitutional violations to book. […]

Very Berry

Jan 26 (LBO) – Sri Lankan cellular giant Dialog Telekom together with Canada?s Research in Motion, launched the ultimate in electronic leashes on Thursday ? the Blackberry mobile data and personal information management tool. Jan 26 (LBO) – Sri Lankan cellular giant Dialog Telekom together with Canada?s Research in Motion, launched the ultimate in electronic […]

Escaping fiscal dominance key to lowering inflation in India: RBI economist

Mar 26, 2006 (LBO) – Sri Lanka’s central bank has to gain independence from the treasury, if it is to bring down inflation and protect the poor, a top Indian economist said. . Until the balance of payments crisis in the early 90’s forced the Indian government to open the economy and undertake major reforms, […]

Sri Lanka welcomes peace moves as president wins support with defections

Jan. 25 (LBO) ? Sri Lanka Wednesday welcomed moves to restart peace talks with Tamil Tiger rebels next month as two opposition lawmakers defected to strengthen President Mahinda Rajapakse?s government. Jan. 25 (LBO) ? Sri Lanka Wednesday welcomed moves to restart peace talks with Tamil Tiger rebels next month as two opposition lawmakers defected to […]

Driving Growth

Jan 25 (LBO) – Sri Lankan based IFS South Asia, offering supply chain solutions, clinched a million dollar deal with Pakistan’s automobile giant Millat Tractors on Wednesday.Jan 25 (LBO) – Sri Lankan based IFS South Asia, offering supply chain solutions, clinched a million dollar deal with Pakistan’s automobile giant Millat Tractors on Wednesday. This is […]

SriLankan Airlines takes flight to the hills

Jan 25 (LBO) – SriLankan Airlines expands its floatplane service to Kandy, after recently shelving plans to go to the North of the island due to outbreaks of violence and falling passenger numbers.Jan 25 (LBO) – SriLankan Airlines expands its floatplane service to Kandy, after recently shelving plans to go to the North of the […]

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