Linked Up
June 19, 2014 (LBO) - Sri Lanka's information technology sector is setting up an online portal to collaborate with universities, academics and students, an …
Industry
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Sri Lanka’s insurance regulator meets AIG over exit
June 18, 2014 (LBO) - The Insurance Board of Sri Lanka is in discussions with AIG Insurance over its planned exit from the island, Chairperson Indrani …
Sri Lanka may encourage smaller insurers to merge: CB Governor
June 18, 2014 (LBO) - Sri Lanka's smaller insurers should merge to become larger players and which will give an assurance to customers that they will survive …
Fund Rating
June 18, 2014 (LBO) - Fitch Ratings said an 'A-(lka)' national fund credit rating given to Ceylon Income Fund in Sri Lanka has been confirmed. online pharmacy …
Sri Lanka indigenous community to get electricity
June 17, 2014 (LBO) - A remote area where indigenous original inhabitants of Sri Lanka are living will get electricity later this month, as plans are on track …
Vehicle Trend
June 17, 2014 (LBO) - Sri Lanka's car, sports utility vehicles and motor bike registrations were up in May 2014 from a year earlier, but commercial vehicle …
Crane Arrival
June 17, 2014 (LBO) - Sri Lanka Ports Authority said its new port in Hambantota had received try ship-to-shore gantry cranes and one rubber tyred transfer …
SriLankan Airlines plans dollar bond for refleeting pre-payments: rated ‘B+’: S&P
June 17, 2014 (LBO) - A planned 5-year government guaranteed international bond SriLankan Airlines has been rated 'B+', the same as Sri Lanka's sovereign …
Broadband
June 16, 2014 (LBO) - Sri Lanka Telecom says it is boosting the island's broadband connectivity with its high capacity fibre optic backbone and expanding …
Sri Lanka’s Aitken Spence buys hotel in India
June 11, 2014 (LBO) - Sri Lanka based Aitken Spence group said it had bought a new 143-room 'five star' graded hotel in Chennai, India for 25 million US …
China pips UK to become Sri Lanka’s second tourist market
June 13, 2014 (LBO) - China overtook the United Kingdom to become the second largest source of tourists to Sri Lanka in May 2014 and is now second only to …
Awarded
June 11, 2014 (LBO) - MindShare Sri Lanka, a GroupM agency, said it had won silver at GoaFest2014 for an advertisement of Sunlight, a product of Unilever. The …
Emirates cancels order for 70 Airbus planes
PARIS, June 11, 2014 (AFP) - Emirates airline announced on Wednesday that it had cancelled an order for 70 long-haul A350 planes from European manufacturer …
Sri Lanka MAS Holdings mulls stores in India; East Asia entry: report
June 09, 2014 (LBO) - Sri Lanka's MAS group, a lingerie producer, is mulling an own-store chain in India and expansion into East Asia, a media report said. …
Escape
Two Sri Lankans held captive by Somali pirates for nearly for years had escaped a British mediator working to free the hostages had said, but four of their …
Loan Demand
June 6, 2014 (LBO) - Sri Lanka's DFCC says it has seen a sharp rise in credit demand with new approvals rising to 34. buy sildalis online buy sildalis online …
Sri Lanka includes natural gas in power planning studies
June 5, 2014 (LBO) - Sri Lanka's state-run power utility has included natural gas in power generation planning studies for the first time, with prospects of …
Bengal Port
DHAKA, June 4, 2014 (AFP) - Bangladeshi Prime Minister Sheikh Hasina is likely to seek Chinese funding to build a deep sea port in the Bay of Bengal when she …
Sri Lanka eyes nuclear power plant after 2030
June 4, 2014 (LBO) - Sri Lanka's state-run Ceylon Electricity Board has included nuclear power for the first time as a possible power generation option in 2031 …
Another Feather
June 4, 2014 (LBO) - Sri Lanka based MillenniumIT, a unit of London Stock Exchange said its products have been selected by Aequitas Innovations in Canada which …