Japan gains Sri Lanka auto market share with hybrids
Mar 01, 2012 (LBO) - Japan has increased its share in Sri Lanka's auto market to 36 percent from 33 percent in value with a surge in hybrid vehicles, amid a …
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Sri Lanka targets Chinese tourists
Feb 01, 2012 (LBO) - Sri Lanka is targeting 25,000 tourists from China in 2012 with expectations that arrivals will rise to 300,000 in 2016 making it the …
Sri Lanka Richard Pieris mulls hotel venture
Jan 20, 2012 (LBO) - Sri Lanka's Richard Pieris & Company group plans to invest in the hotel sector as part of its diversification strategy amid a boom in …
Phishing Attacks
Jan 20, 2012 (LBO) - Sri Lanka's cyber security agency has warned bank customers using internet banking services to beware of fake sites that have stolen …
Sri Lanka Arpico Insurance taps life
Jan 12, 2011 (LBO) - Sri Lanka's Arpico Insurance, a start-up insurer, is planning to capitalize on the island's relatively untapped life sector which is less …
Tower Tale
Jan 10, 2012 (LBO) - Sri Lanka's telecommunications regulator has drawn up a new policy that will regulate construction and use of transmission towers by …
Sri Lanka to assess internet, IT use in post-war census
Jan 04, 2012 (LBO) - Sri Lanka will collect information about areas like internet access in the first nation-wide household and population census to be …
Sri Lanka islet eyed by India firm
Dec 27, 2011 (LBO) - Delta Corporation, an India based firm, is in talks with Sri Lanka for 75 million dollar tourism development in an islet off the …
Sri Lanka islet eyed by Canada firm for US$300mn leisure project
Dec 25, 2011 (LBO) - Sri Lanka is in talks with Sapphire Bay, a Canadian based leisure firm to develop an islet off the northwestern coast of the island in a …
Sri Lanka state water agency suspects 15,000 ‘leaks’
Dec 07, 2011 (LBO) - Sri Lanka's state-run water supply agency has found about 15,000 suspected points where water is stolen in the island's capital Colombo …
Sri Lanka east coast hotels planned by Hemas, Minor International
Nov 27, 2011 (LBO) - Thailand's Minor International is to build more hotels in Sri Lanka in partnership with the island's Hemas group and plans to re-open two …
Sri Lanka, Thai hotel venture to build beach property
Nov 25, 2011 (LBO) - Thailand's Minor International is to build a 160-room beach hotel on Sri Lanka's south-west coast in a partnership with the island's Hemas …
Sri Lanka tourist arrivals to hit target ahead of schedule
Nov 24, 2011 (LBO) - Tourist arrivals to Sri Lanka have been growing faster than expected and the island expects to achieve its original target of attracting …
Sri Lanka land to Sheraton after Chinese deal cancelled
Nov 09, 2011 (LBO) - Global hotel chain Sheraton is looking to acquire a plot of prime property in the Sri Lankan capital whose sale without tender to a …
Sri Lanka tribal recipes to entice tourists
Sept 23, 2011 (LBO) - A well-known Sri Lankan chef is to offer food made according to exotic recipes of the island's indigenous 'veddah' community to entice …
Sri Lanka lures youth for skills gap in booming tourist trade
Sept 21, 2011 (LBO) - Sri Lanka is to launch a campaign to educate youth of opportunities in the booming tourist industry where a skilled labour shortage looms …
Sri Lanka exports up 40-pct to July
Sept 05, 2011 (LBO) - Sri Lanka's exports in the seven months to July rose 40 percent to 6,080 million US dollars from a year earlier, with apparel growing 44 …
Sri Lanka India venture in US$200mn development
Aug 27, 2011 (LBO) - Sri Lanka's Rank Holdings, a group which has interests in gaming, power and logistics, is planning a 200 million US dollar hotel and …
Sri Lanka Finco exits apparel firm
Aug 01, 2011 (LBO) - Sri Lanka's Finco group has sold a controlling stake in listed Orient Garments to PC House Holdings, an unlisted firm and its chairman …
Sri Lanka’s Finco builds two east coast resorts
July 29, 2011 (LBO) - Sri Lanka's Finco group, which has interests in construction, export manufacturing and real estate is building two resorts in the …