Sri Lanka state airline on track for direct China flights
Aug 12, 2013 (LBO) - State-run SriLankan Airlines is on track to fly direct to China next year as traffic to Colombo picks up, a top official said. online …
Industry
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Settlement Plan
SAN FRANCISCO, August 11, 2013 (AFP) - Online financial transactions titan PayPal says it is keen to collaborate with others as it strives for a cash-free …
Brazil to privatize two airports in late October
BRASÃLIA, August 9, 2013 (AFP) - An auction to privatize airports in Rio and Belo Horizonte, two host cities for the 2014 World Cup, will be held on October …
Dollar Finance
Aug 09, 2013 (LBO) - Sri Lanka's Dialog Axiata, the country's largest mobile operator said it had raised 200 million US dollars from a syndicated loan. online …
Rating Confirmed
Aug 09, 2013(LBO) – RAM Rating has confirmed Commercial bank’s rating at AA+ with a stable outlook. Media contact Nilusha Fonseka (9411) 2553089 …
Sri Lanka Crown project to be built on same place: minister
Aug 08, 2013 (LBO) - A large casino resort by Australia's Crown group will be built on the original location and they have only been informed to design two …
Bank Award
Aug 08, 2013 (LBO) - HSBC said it had been named the best internet bank by Gobal Finance, a magazine for the eight year running. HSBC’s Internet banking …
SriLankan to break even over four years with new fleet
Aug 08, 2013 (LBO) - State-run carrier SriLankan airlines group is planning to break even in the year to March 2017, after running about 335 million US dollars …
Brand Award
Aug 07, 2013 (LBO) - Sri Lanka' state-run Bank of Ceylon said it had been recognized as one of 35 best brands in Asia by Mumbai-based Chief Marketing Officer …
Sri Lanka’s state airline in MRO venture with Lufthansa Technik
Aug 07, 2013 (LBO) - State-run SriLankan Airlines will start operating a joint venture aircraft repair and maintenance organization (MRO) with Lufthansa …
Indonesian plane skids off runway after hitting cow
JAKARTA, August 7, 2013 (AFP) - An Indonesian passenger jet crashed into a cow and skidded off the runway as it came into land at an airport in the centre of …
Training Progress
Aug 06, 2013 (LBO) - Lanka BPO Academy, a skills development firm, said it had completed a program for trainers at InfoMate, a provider of outsourced finance …
Tele Group
Aug 06, 2013 (LBO) - Profits at Sri Lanka Telecom group dropped 10 percent to 713 million rupees in the June 2013 quarter from a year earlier, and firm said it …
Port Repair
Aug 06, 2013 (LBO) - Sri Lanka's Access Engineering Plc said it had taken a 30 percent stake in a port handling machinery maintenance firm set up with China's …
Express Way
Aug 06, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa had requested China Merchants group, which has just commissioned a container terminal, to …
Shipping Hub
August 05, 2013 (LBO) – Sri Lanka can become a shipping hub with the opening of the 500 million US dollar port Monday which will help secure maritime …
People’s Education
August 05, 2013 (LBO) – Sri Lanka's public sector dominated education sector needs more private partnerships Asian Development Bank country director, …
Mega Hub
Aug 05, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa declared open a new container terminal Tuesday, making Colombo the only port in South Asia that …
Sri Lanka Crown casino project told to shift: report
Aug 05, 2013 (LBO) - A 350 million US dollar proposed casino resort has been told to shift or change its design so that a lake can be seen through the project, …
Port Project
COLOMBO, August 4, 2013 (AFP) - A 0 million Chinese-built port opens Monday in Sri Lanka, giving Beijing a vital foothold on the world's busiest international …