Sri Lanka plans inland fisheries expansion
July 25, 2011 (LBO) - Sri Lanka is expecting inland fish production to rise 15 percent to 60,000 tonnes in 2011, and is targeting 90,000 tonnes by 2013 backed …
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Sri Lanka to start tourist call centre
July 22, 2011 (LBO) - Sri Lanka plans to start an international call centre which will provide assistance and information to tourists, chairman of the …
Sri Lanka expects exports to grow 25-pct in 2011
July 15, 2011 (LBO) - Sri Lanka exports grew by a better-than-expected 42 percent in the five months to May and full-year revenues are projected to grow 25 …
Sri Lanka to build new ‘tourist city’ north of capital
July 7, 2011 (LBO) - Sri Lanka will build a new 'tourist city' in the Western coastal city of Katana north of the capital Colombo, which may draw 1.5 billion …
Sri Lanka dredges canals to prevent flooding
June 27, 2011 (LBO) - Sri Lanka has begun deepening canals in marshes bordering the capital Colombo and digging lakes to prevent flooding during the rainy …
Easier Borrowing
May 16, 2011 (LBO) - Sri Lankan banks will soon be able to lend against moveable property with a new initiative by the Credit Information Bureau (CRIB), an …
Sri Lanka raises taxes on imported vehicles
Apr, 25, 2011 (LBO) - Sri Lanka has raised import duties on several categories of petrol-engined cars and three wheelers with steeper increases seen in larger …
Sri Lanka vacant apartments can be used for tourism: official
Mar 03, 2011 (LBO) - Sri Lanka's tourist development office says owners of vacant apartments in Colombo will be given a chance to use them for tourism in a bid …
Sri Lanka wild life park lures Shangri-La
Feb 25, 2011 (LBO) - Hong Kong based Shangri-La hotels has looked at two sites including one close to a well-known wild life reserve in southern Sri Lanka to …
Sri Lanka starts master’s program in tourism
Feb 21, 2011 (LBO) - Sri Lanka's Colombo University has started a Master's program in tourism to cater to the need for highly qualified professionals in the …
Sri Lanka plans US$90mn sale of east coast land
Feb 07, 2011 (LBO) - Sri Lanka will lease 500 acres of land in the east coast to hotel developers on a one-off payment for around 10 billion rupees (90 million …
Sri Lanka whale watching boats warned to be careful
Feb 02, 2011 (LBO) - Sri Lanka's growing whale watching boats will have to develop and follow good practices so that whales will not be disturbed and scared …
Sri Lanka’s second Shangri-La project in Hambantota
Jan 29, 2010 - (LBO) - Sri Lanka's second hotel project by Hong Kong based Shangri-La group will be built in Hambantota in the south of the island, an official …
Sri Lanka Senok group to start chopper service
Jan 13, 2010 (LBO) - Sri Lanka's Senok group of companies has been given the nod to start a domestic helicopter service, a top official said as the country …
Sri Lanka readies for island tourist resorts
Jan 04, 2011 (LBO) - Sri Lanka expects to announce the investors who have been chosen to develop 10 islands in Kalpitiya, off the north-west coast for tourist …
Sri Lanka to test new visa scheme for three months
Jan 03, 2011 (LBO) - A new online visa scheme Sri Lanka plans to introduce, replacing existing on-arrival visas, will be tested for three months before the …
Sri Lanka says met IMF December targets for loan disbursement
Dec 30, 2010 (LBO) - Sri Lanka has met key targets in December under a deal with the International Monetary Fund to qualify for further loan disbursements, …
Sri Lanka to get 7-star Shangri-La hotel
Dec 28, 2010 (LBO) - Hong Kong-based leisure group Shangri-La has signed a deal to acquire land to build a seven-star hotel in the Sri Lankan capital Colombo, …
Sri Lanka creates management entity for state firms ahead of listing
Dec 24, 2010 (LBO) - Sri Lanka has set up a management company to manage several defunct state enterprises prior to a listing of a partial stake on the Colombo …
Sri Lanka to get first onion shipment next Monday
Dec 23, 2010 (LBO) - Sri Lanka is to get its first ship load of imported 'big' onions next week as traders claimed they had run out of stocks Thursday after an …