New Wing
May 11 (LBO) – The government has given state oil giant Ceylon Petroleum Corporation the go ahead for a feasibility study to double capacity at its …
Violence, oil cast shadow on Sri Lanka
May 11 (Dow Jones)--The course of Sri Lanka's peace process has become crucial to the country's economy, as high oil prices threaten double-digit inflation. …
Face Lift
May 10 06 (LBO) - The government planning to re-surface the runway of the main international airport of the country, an official said. Director General of the …
Hard Times
May 10 (LBO) - Domestic airlines say soaring fuel costs may force a hike in ticket fares, but any increase may also scare away dwindling numbers of travellers …
Flying Low
TOKYO, May 10, 2006 (AFP) - Japan Airlines Corp, Asia's largest carrier, said Wednesday high fuel costs and a series of safety lapses pushed it deep into loss …
Modest Growth
May 10 (LBO) - Union Assurance Ltd. posted a strong first quarter with profit after tax of Rs34 million as at March this year, over Rs37 million for the same …
Alien Raid
May 10 (LBO) - Sri Lanka authorities have initiated a major crackdown on illegal foreign labour in the country, starting with workers in foreign owned …
Hispanics, Asians are fastest growing groups in US
WASHINGTON, May 10, 2006 (AFP) - Hispanics and Asians are the fastest growing ethnic groups in the United States, where one in three people now belong to a …
Jayasuriya comes out of retirement for second England Test
May 11, 2006 (AFP) - Prolific batsman Sanath Jayasuriya is set to return to Sri Lanka's squad for the second Test against England after reversing his decision …
Jayawardene backs batsmen to come good against England
LONDON, May 10, 2006 (AFP) - Sri Lanka captain Mahela Jayawardene insisted on Wednesday that his batsmen would have no trouble picking themselves up for the …
Murali aiming for five-wicket Lord’s haul
LONDON, May 10, 2006 (AFP) - Muttiah Muralitharan wants to mark his first Test appearance at Lord's by taking five wickets in an innings for Sri Lanka against …
Sri Lanka still examining ‘pregnant bomber’ claim
May 10, 2006 (AFP) - Investigators have yet to find any evidence that a woman suicide bomber who tried to assassinate Sri Lanka's army chief was really …
Japanese envoy urges Sri Lanka to choose war or peace
COLOMBO, May 10, 2006 (AFP) - A top Japanese envoy Wednesday warned that the international community cannot restore Sri Lanka's faltering ceasefire and urged …
Study Group
May 9, 2006 (LBO) – Sri Lanka inked a letter of intent with India's NEB Infrastructure (Pvt) Ltd to carry out a feasibility study to build a rail-road …
High Fives!
May 9, 2006 (LBO) – Sri Lanka's Dialog Telekom's net profits soared 39 percent to 2.39 billion rupees for the three months to March this year, boosted by …
Sri Lanka seeks foreign pressure on Tigers
NEW DELHI, May 9, 2006 (AFP) - Sri Lankan Foreign Minister Mangala Samaraweera told reporters in India Tuesday that foreign help is needed to pressure Tamil …
Flying robot attack “unstoppable”: experts
PARIS, May 9, 2006 (AFP) - It may sound like science fiction, but the prospect that suicide bombers and hijackers could be made redundant by flying robots is a …
Russian caviar risks extinction
MOSCOW, May 9, 2006 (AFP) - It can be a delicacy or status symbol, a cure-all, or even an aphrodisiac, but ecologists are warning that Russian caviar could …
Singapore’s Banyan Tree resort and spa chain plans public listing
SINGAPORE, May 9, 2006 (AFP) - Singapore-based luxury resort and spa chain Banyan Tree has outlined plans for a public listing to raise funds for further …
Sri Lanka Cricket back with a blast
May 09 (LBO) – Sri Lanka Cricket Tuesday said its financial health is back on a strong wicket after securing new commercial sponsorships from the sale of …