Land Payment
Oct 13, 2011 (LBO) - The Sri Lankan state is getting ready to acquire land and pay compensation in the second phase of the project to build a large deep-water …
Fresh Lease
Oct 13, 2011 (LBO) - Accelerating post-war growth and surging vehicle imports owing to tax cuts and better incomes will drive Sri Lanka's leasing and hire …
Sentence
NEW YORK, October 13, 2011 (AFP) - Disgraced star Wall Street hedge fund manager Raj Rajaratnam was sentenced Thursday to 11 years behind bars in the heaviest …
Heavenly Directions
Oct 13, 2011 (LBO) - Sri Lanka's largest mobile phone operator Dialog Axiata is offering a satellite navigation application tool for mobile phones that can be …
Sri Lanka freight group expands recycling business
Oct 13, 2011 (LBO) - Sri Lanka's Expolanka Holdings has expanded and renamed its recycling subsidiary and also intends to venture into recycling electronic …
Sri Lanka to host regional trade forum
Oct 12, 2011 (LBO) - Sri Lanka will host the Asia Pacific Trade Facilitation Forum (APTFF), a platform to promote regional trade and share information, Ceylon …
British defence minister faces new claims about advisor
LONDON, October 13, 2011 (AFP) - Britain's defence minister faced renewed pressure Thursday over claims that rich backers paid for the best man at his wedding …
Sri Lanka’s political gun culture to be checked
Oct 13, 2011 (LBO) - Sri Lanka's President Mahinda Rajapaksa said firearms kept by private 'guards' of politicians will be recovered in a special operation …
British defence minister denies burglary cover-up
LONDON, October 12, 2011 (AFP) - British defence minister Liam Fox rejected calls to resign Wednesday over his links to the best man at his wedding, while …
Sri Lanka Treasuries flat, low acceptances
Oct 12, 2011 (LBO) - Sri Lanka's Treasuries yield were flat at Wednesday's auction though only bids of 48 percent of the volume offered were accepted from the …
Sri Lanka stocks end down almost one percent
Oct 12, 2011 (LBO) - Sri Lankan stocks fell almost one percent Wednesday and turnover was also lower than usual with sharp falls in some shares that had risen …
Sri Lanka leisure group in training venture
Oct 12, 2011 (LBO) - Sri Lanka's John Keells Holdings has tied up with local and foreign training outfits to train staff for its hotels after the end of a war …
Sri Lanka wind farm buys more Indian turbines
Oct 12, 2011 (LBO) - Suzlon Energy Limited of India said Sri Lanka's Senok group has ordered 10 wind turbines of 2.1 MegaWatts each, to expand is wind farms. …
Vietnam President to ink economic, defence deals on Sri Lanka visit
Oct 12, 2011 (LBO) - Vietnam President Truong Tan Sang will begin a three day-state visit Thursday which will see economic and defence related bilateral …
Sri Lanka urban agency to offer land in former war-zones
Oct 12, 2011 (LBO) - Sri Lanka's Urban Development Authority which was focussing on the capital Colombo will offer state lands in former war-zones for …
Managing Risk
Oct 11, 2011 (LBO) - Sri Lanka's Central Bank has issued directions to banks on an integrated risk management framework that will be effective in six …
WHO chief accuses ‘big tobacco’ of dirty tricks
MANILA, October 10, 2011 (AFP) - The World Health Organization's chief on Monday urged governments to unite against "big tobacco", as she accused the industry …
Bangladesh launches $130 laptop for schools
DHAKA, October 11, 2011 (AFP) - Bangladesh on Tuesday unveiled a $130 locally made laptop that it hopes will help bridge the digital divide in the impoverished …
British defence minister’s friend quizzed over trips
LONDON, October 11, 2011 (AFP) - British officials interviewed a close friend of defence minister Liam Fox Tuesday to ask why he had joined the politician on …
British PM says defence minister made ‘serious mistakes’
LONDON, October 10, 2011 (AFP) - British Prime Minister David Cameron said Monday his defence minister had made "serious mistakes" in allowing a close friend …