Mutual Benefits
February 22 (LBO) – A tax-efficient closed-end fixed income mutual fund launched by National Asset Management (NAMAL) is already attracting commitments …
Smart Buildings
February 21 (LBO) – Following the rapid spread of urbanization in Sri Lanka, local architects say more efficient and economical design methods must be …
Zenith
February, 22 (LBO) – After growing at breakneck speed for the past several years, Sri Lanka's mobile phone market is losing pace and competitors are …
From holidays to yoga pants: luxury freebies for Oscars stars
LOS ANGELES, Feb 22, 2007 (AFP) - The US tax man has helped put a stop to the 100,000-dollar goodie bags, but celebrities will still be showered with an …
Sri Lanka at best ever for World Cup: de Silva
COLOMBO, Feb 22, 2007 (AFP) - Former batting great Aravinda de Silva believes the current Sri Lankan side go into the World Cup with better chances of winning …
Nine killed in Sri Lanka boat attack: navy
Feb 22, 2007 (AFP) - Sri Lanka's navy sank two suspected Tamil Tiger boats off the island's north-western coast Thursday, killing at least nine people, a …
Norway offers help to revive Sri Lanka peace bid
COLOMBO, Feb 22, 2007 (AFP) - Norway's top peace broker in Sri Lanka, Erik Solheim, Thursday offered to go the extra mile to revive the stalled process on the …
Killings continue in Sri Lanka ahead of failed truce anniversary
COLOMBO, Feb 22, 2007 (AFP) - Three civilians were found shot dead in northern Sri Lanka and a soldier was killed in the country's east Thursday, on the eve of …
Rolling Stock
February 22 (LBO) – The government of Sri Lanka hopes to purchase 100 train carriages from China to develop the island's dilapidated railway network, …
Sri Lanka to revamp consumer price index as inflation soars
Feb 22, 2007 (AFP) - Sri Lanka said Thursday it plans to rejig its consumer price index basket to reflect changed food and lifestyle trends as inflation based …
Australian warship intercepts boatload of Sri Lankans
SYDNEY, Feb 22, 2007 (AFP) - An Australian warship has intercepted a boat carrying 85 Sri Lankans towards a Canberra-controlled island in the Indian Ocean, …
Housing Billion
February, 21 (LBO) - HDFC Bank, Sri Lanka's largest mortgage lender, is to raise one billion rupees in 10-year funds through a mortgage securitization issue to …
Sad End
TYRE, Lebanon, Feb 21, 2007 (AFP) - The body of a Sri Lankan housemaid, missing since Israeli missiles struck the building where she worked during last …
Shelter
February 21 (LBO) – The World Bank is helping tens of thousands Muslim victims of Tamil Tiger 'ethnic cleansing' who were driven out of the northern …
Imminent Act
February, 21 (LBO) - Every attempt is being made to bring the new companies act into effect from next financial year starting from April 02 making it easier to …
Crucified
February 21 (LBO) – Saudi Arabia has 'crucified' four Sri Lankans after beheading them, including a man who was told he was only serving a prison-term, …
State media praise money printing president on birthday as people burn from inflation
HARARE, Feb 21, 2007 (AFP) - Zimbabwe's state-run media lavished praise on veteran President Robert Mugabe on the 83rd birthday of Africa's oldest-serving …
Norway calls for fresh commitment to Sri Lankan truce
COLOMBO, Feb 21, 2007 (AFP) - Norway Wednesday called for a fresh commitment from Sri Lanka's warring parties to maintain its peace brokering efforts on the …
Mine blast kills three people in Sri Lanka
COLOMBO, Feb 21, 2007 (AFP) - At least three people, including a policeman, were killed and 16 wounded Wednesday in a mine attack in eastern Sri Lanka, police …
Sri Lanka asks India to crack down on cross border gun-running
COLOMBO, Feb 21, 2007 (AFP) - Sri Lanka on Wednesday asked neighbouring India to intensify a crackdown on suspected Tamil rebel gun-running across the narrow …