Higher Gear
July 16, 2013 (LBO) - Sri Lanka's re-conditioned or imported used automobile registrations hit a 19 month high in June 2012 with Japanese made Toyota and Honda …
Industry
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Mobile Drive
July 16, 2013 (LBO) - Sri Lanka's car owners will be able to renew and pay for annual revenue licenses through their mobile phones, an official said as part of …
Policy Training
July 15, 2013 (LBO) – Sri Lanka™s Postgraduate Institute of Management (PIM), provider of management education said it will conduct a short course on …
Sri Lanka state airline to get Rs25bn bailout: report
July 15, 2013 (LBO) - State-run SriLankan Airlines will get a 25 billion rupee tax-payer bailout, through a Treasury bond to settle fuel bills, a media report …
Consolidation
July 14, 2013 (LBO) - Sri Lanka is looking to be flexible on banks share ownership limits to make it easier to merge and allow sector consolidation, a top …
Piracy
MOGADISHU, July 13, 2013 (AFP) - At least three, and perhaps all, of the 15-man crew of a merchant vessel that sank last week while being held by Somali …
Petro Search
July 13, 2013 (LBO) - Sri Lanka is revamping its petroleum exploration law to provide better investor protection and to clearly separate regulatory and …
Express Deal
July 12, 2013 (LBO) - A top Chinese toll road company has landed deal to build and run a 1. buy valtrex online …
Sri Lanka plans export trade fair for 2014 August
July 12, 2013 (LBO) - Sri Lanka is planning an export fair to showcase its products and services to the world in August 2014, and has appointed a high level …
Sri Lanka’s hotels overcharging for rooms: minister
July 11, 2013 (AFP) - Sri Lanka's hotels are overcharging for rooms in an attempt to cash in on growing visitor numbers after a decades-long war, a minister …
Oil Services
July 11, 2013 (LBO) - Sri Lanka's Hayleys Energy Services, a unit of listed Hayleys Plc said it has started providing services to international oil firms …
Sri Lanka has opportunities in export food processing: economist
July 11, 2013 (LBO) - Sri Lanka has to build capacity opportunities to be a processed food exporter, taking a cue from developments that occurred in East Asian …
Sri Lanka negotiating free trade deals with China, Japan: Treasury sec
July 10, 2013 (LBO) - Sri Lanka is in talks with China and Japan to sign free trade deals which will give more opportunities for exporters, Treasury Secretary …
Sri Lanka’s John Keells Holdings in 650mn mixed resort
July 10, 2013 (LBO) - Sri Lanka's John Keells Holdings said it was shortly expecting state approval as a 'strategic development project' for a 650 million …
Oil Bid
July 8, 2013 (LBO) - Ceylan Energy, a Sri Lanka based start-up oil firm will bid for an exploration block, partnering with international operators, a media …
Sri Lanka Jetwing group private equity raising on track
July 08, 2013 (LBO) - A private equity raisin for four greenfield hotels is underway with local investors and a foreign investor coming on board, but the …
Top retailers, unions to inspect Bangladesh factories
DHAKA, July 7, 2013 (AFP) - Seventy top retailers have pledged to improve worker safety and allow inspection of all of their garment factories in Bangladesh …
Sri Lanka IPP puts 48MW of expired power plants on sale
July 08, 2013 (LBO) - Sri Lanka's Aitken Spence Power, a unit of Sri Lanka's Aitken Spence group has put two 24 MegaWatt plants for which power purchase …
Sri Lanka to start building 35MW hydro plant on July 15
July 8, 2013 (LBO) - Sri Lanka will begin building a 35 MegaWatt 'Broadlands' hydro power plant, on July 15 in Polpitiya, Kithulgala, the power ministry said. …
Sri Lanka gaming resorts could add $900mn to tourism revenues: report
July 06, 2013 (LBO) - Sri Lanka's gaming industry could generate 900 million US dollars a year with only two 500-room integrated resorts, upping rates of city …