Racing Bikes
Apr 21, 2013 (LBO) - Sri Lanka has allowed high powered motorbikes with engines of over 1,000 cubic centimeters to come in with a payment of 25,000 rupees …
Industry
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Sri Lanka’s Havelock City forging ahead amid new risks
Apr 21, 2013 (LBO) - Sri Lanka's 'Havelock City' a mixed development with multi-tower apartment complex with more than 100o untis and commercial space said it …
Seigniorage
Apr 20, 2013 (LBO) - Sri Lanka's central bank made 66 billion rupees in profits in 2012, up 41 percent from a year earlier, helped by gold trading and …
Maritime Confab
Apr 20, 2013 (LBO) - Sri Lanka will host a regional port conference and exhibition in May, showcasing the island's rapid advancement as South Asia's emerging …
Sri Lanka rulers only paid Rs2000 for power: former minister
Apr 20, 2013 (LBO) - Ministers in Sri Lanka paid only 2,000 rupees for power a month regardless of the volume of use, former foreign minister Mangala …
Sri Lanka biz chamber urges transparency at power utility after hike
Apr 19, 2013 (LBO) - Sri Lanka's Ceylon Chamber of Commerce said the latest hike will see power costs going up by 20 to 30 percent and the state power utility …
SriLankan Airlines revisiting feasibility of re-fleeting: minister
Apr 18, 2013 (LBO) - State-run SriLankan Airlines is revisiting the feasibility of re-fleeting in the wake of developments in the international aviation …
Petro Law
Apr 18, 2013 (LBO) - Sri Lanka will introduce a new law on oil exploration and incorporate a separate entity to regulate upstream petroleum activities, …
Debenture
Apr 18, 2013 (LBO) - Sri Lanka's Senkadagala Finance Plc (SFC) will sell one billion rupees of 3 and 4-year debt which have been given an expected 'BBB+(lka)' …
Sri Lanka main opposition slams tariff hike, power regulator independence
Apr 18, 2013 (LBO) - Sri Lanka's main opposition United National Party has slammed a power tariff hike for very low users and the questioned the independence …
Sri Lanka’s power regulator sets conditions for CEB transparency
Apr 18, 2013 (LBO) - Sri Lanka's power regulator has set eight conditions for cost transparency at state-run Ceylon Electricity Board, which it said came from …
Tourists should not fear Sri Lanka police tracking: hotelier
Apr 18, 2013 (LBO) - There should be no fears over moves by police to track tourists who are staying in hotels, as some other countries also follow the …
Auto Cash
Apr 18, 2013 (LBO) - Commercial Bank of Ceylon, Sri Lanka's largest private lender by assets said its 562 automated teller machine network had dispensed 1.79 …
Sri Lanka power tariffs raised – Update
Apr 17, 2013 (LBO) - Sri Lanka's power regulator has approved a tariff request by state-run Ceylon Electricity Board denying a request to reduce tariffs of …
Sri Lanka police starts tracking tourists
Apr 17, 2013 (LBO) - Sri Lanka's police have started to track foreign tourists "for their own safety" amid rising crime, a media report said. buy rotacaps …
Sri Lanka should stop ad hoc, shock tariff increases: power users
Apr 16, 2013 (LBO) - Sri Lanka should stop raising power tariffs suddenly by large percentages after driving the economy to crisis, but use an already …
Sri Lanka power users see through ‘subsidy’ trick
Apr 15, 2013 (LBO) - Despite decades of propaganda by elected rulers about 'the government bearing the burden' some citizens are seeing through the subsidy …
Speed
Apr 13, 2013 (LBO) - Sri Lanka's Dialog Axiata, a unit of Malaysia's Axiata group said its mobile broadband subscribers grew 44 percent to 455,000 in 2012. The …
Sri Lanka state airlines lose Rs21.5bn in 2012
Apr 12, 2013 (LBO) - State-run Sri Lankan Airlines and Mihin Lanka, a budget carrier had continued to hemorrhage cash losing 21.5 billion rupees in 2012, with …
British Airways flights to Sri Lanka from April 15
Apr 11, 2013 (LBO) - British Airways will resume flights to Sri Lanka from April 15 thrice a week via Maldives using Boeing 777-200 equipment, the airline …