Sri Lanka state-carrier to invest Rs200mn in flight kitchen
Oct 03, 2012 (LBO) - State-run SriLankan Airlines will invest 200 million rupees to build a flight kitchen at the second international airport which is being …
Industry
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SriLankan Airlines to host IATA HR confab
September 03, 2012 (LBO) – National carrier Sri Lankan airlines is set to host the second International Air Transport Association (IATA) Global Human …
Rubber Bastion
Oct 03, 2012 (LBO) - John Keells Plc, a commodity broking firm said Mekala Wanigasuriya, one its employees became the first female to auction rubber, since …
Name Change
Oct 03, 2012 (LBO) - People's Leasing Company, Sri Lanka's largest leasing firm said it has changed its name to People's Leasing & Finance Plc. The firm has a …
Foreign Appetite
Oct 03, 2012 (LBO) - Sri Lanka's NDB Bank says there is international investor appetite for bond for large projects in the island, including public private …
M&A Forum
Oct 02, 2012 (LBO) - Sri Lanka chapter of UK's Chartered Management Institute and KPMG, a accounting firm, has organized a forum on mergers and acquisitions as …
Outward Eye
Oct 02, 2012 (LBO) - Sri Lanka's NDB Bank group will use a part of the cash from a 59 million US dollar exit from an insurance unit for regional expansion, …
Sports Backbone
Oct 02, 2012 (LBO) - Sri Lanka Telecom, the island's largest telecom provider says it is providing high speed connections to all sporting venues during the …
Sri Lanka tourist authority gets new chief
Oct 01, 2012 (LBO) - Bhashwara Senanka Gunarathna, who was a member of the board of Sri Lanka Tourism Development Authority since 2010 has been appointed its …
Sri Lanka holds international spice food festival
Sept 30, 2012 (LBO) - Sri Lanka is holding a 'World Spice Food Festival' in Colombo starting from October 05, featuring country specific foods and …
Sri Lanka bicycle exports face EU protest over ‘dumping’: report
Sept 30, 2012 (LBO) - The European Union has protested to Sri Lanka over the re-export of Chinese-made bicycles which have been slapped with protective …
SriLankan Airlines to trim Europe flights, focus on Asia, Middle East
Sept 29, 2012 (LBO) - State-run SriLankan airline will trim loss-making flights to recession-hit Europe and focus on profitable routes closer to home, top …
Sri Lanka ‘mules’ used to smuggle gold to India: report
Sept 29, 2012 (LBO) - Sri Lankan visitors traveling to India would face tighter baggage checks following the detection of several 'mules' who were smuggling …
Sri Lanka post war growth potential draws AIA
Sept 28, 2012 (LBO) - Being well positioned to take advantage of Sri Lanka's post war growth potential helped drive a 109 million US dollar acquisition of …
Sri Lanka Aviva Insurance unit sold to AIA group
Sept 27, 2012 (LBO) - Control of Sri Lanka's Aviva NDB Insurance is being bought by AIA Group, for 109 million US dollars, with Aviva and with joint venture …
Project Launch
Sept 27, 2012 (LBO) - India's Krrish group, which has interests in alcohol and real estate launched a 460 million US dollar mixed development in Sri Lanka's …
Sri Lanka gets ADB help to cut power system losses, start solar trials
Sept 27, 2012 (LBO) - Sri Lanka will get 130 million US dollars in Asian Development Bank financing to cut losses in the power grid, expand supply to former …
Sri Lanka launches tourism think tank
Sept 26, 2012 (LBO) – Sri Lanka is set to launch its first tourism related think tank that will gather information, analyze data and offer expertise to …
Finance Debt
Sept 25, 2012 (LBO) - RAM Ratings has confirmed a 'BBB-' long term and 'P3' short term rating of Sri Lanka's Softlogic Finance PLC, with a stable outlook. …
Sri Lanka state-carrier bailed out with Rs15.4bn bond
Sept 25, 2012 (LBO) - State-run SriLankan Airlines has been bailed out with a 15. online pharmacy buy ciprodex with best prices today in the USA 4 billion …