OTT Revolution
Jan 21, 2013 (LBO) - Asian mobile operators are likely to see sharp falls in short message service (SMS) revenues as subscribers shift to services like …
Industry
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Bus Bailout
Jan 20, 2013 (LBO) - Sri Lanka Transport Board, a loss-making state bus utility has been given a 2. buy cipro online …
Finance Rating
Jan 19, 2013 (LBO) - Sri Lanka's Vallibel Finance Ltd has been rated 'BB+' with a stable outlook by RAM Ratings Lanka. "Vallibel’s ratings are moderated …
Land Routes
Jan 18, 2013 (LBO) - Sri Lanka will build 37 major bridges on national roads with a loan from the Japan and major roads in Colombo will be re-built with …
Car Trends
Jan 18, 2013 (LBO) - Sri Lanka's new vehicle registrations fell 44.8 percent to 25,308 in December 2012, with new registrations of small Maruti and Suzuki cars …
Latin Conquest
Jan 18, 2013 (LBO) - MilleniumIT, a Sri Lanka based unit of the London Stock Exchange group has struck a deal to provide trading and order routing technology …
Sri Lanka’s NDB to finance micro hydros with ADB credit
Jan 17, 2013 (LBO) - Sri Lanka's National Development Bank said it will use a 1.29 million US dollar credit line from the Asian Development Bank to re-start 19 …
Sri Lanka capital power grid to be upgraded with Japan loan
Jan 17, 2013 (LBO) - Japan will provide 15. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy cenforce with best prices today …
Bus Purchase
Jan 17, 2013 (LBO) - Lanka Ashok Leyland, unit of Ashok Leyland has won a 700 million rupee contract to supply 200 buses to Sri Lanka's state transport …
Sri Lanka’s The Kingsbury seeks shareholder nod to borrow more
Jan 17, 2013 (LBO) - Sri Lanka's Hotel Services (Ceylon) Plc, has sought shareholder approval to increase borrowings after the cost of renovating its 'The …
Sri Lanka DSI group expands hydro investments
Jan 16, 2013 (LBO) - Sri Lanka's DSI Holdings group, which has interests in footwear and rubber products, is investing 350 million rupees in a two Mega Watt …
New Chief
Jan 16, 2013 (LBO) - Razik Zarook a lawyer and a former chairman the Co-operative Wholesale Establishment, has assumed duties as chairman of state-run Bank of …
Sri Lanka’s Edge Hotels and Resorts to start small luxury chain
Jan 16, 2013 (LBO) - Edge Hotels and Resorts, a new small luxury hotel chain has signed agreements to start two hotels, with four more planned, Sri Lanka's …
Credit Trend
Jan 15, 2013 (LBO) - Sri Lanka's commercial banks loaned 24.1 billion rupees to business in November 2012, with the state also borrowing another 18.8 billion …
Eastern Expansion
Jan 15, 2013 (LBO) - Sri Lanka's Amana Bank, which operates on Islamic financial principles said it has expanded its branches in the Eastern province, a former …
Sri Lanka start-up in medical tourism bid with Durdans
Jan 11, 2013 (LBO) - Healing Journey, a leisure sector start-up is offering medical tourism services as Sri Lanka attracts more foreign visitors after the end …
Sri Lanka online tour firm launches Bawa architectural tour
Jan 11, 2013 (LBO) - Trekurious, a Sri Lankan online travel firm has launched a niche architectural tour involving famed Asian architect Geoffrey Bawa and his …
Port Costs
Jan 10, 2013 (LBO) - Sri Lanka will borrow 960 million Yuan (153 million US dollars) from China for additional costs to build a port in Hambantota, information …
Guiding Hand
Jan 10, 2013 (LBO) - Sri Lanka's EDEX 2013 exposition will showcase career and further education opportunities for school leavers with over 350 employers and …
Sri Lanka Australia hospitality school starts
Jan 09, 2012 (LBO) - A Sri Lanka-Australia joint venture hospitality sector training school ready to begin teaching its first intake of students at a 320 …