Rate Signs
April 18, 2012 (LBO) - Sri Lankan shippers have had to pay higher freight rates after loss-making shipping lines succeeded in pushing through rate hikes but …
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Foreign Rating
Apr 18, 2012 (LBO) - Sri Lanka's state-run Bank of Ceylon (BOC) has been given a 'B1' rating by Moody's Investors services ahead of planned bond sale in …
Bank Rating
Apr 17, 2012 (LBO) - Fitch Ratings has assigned Sri Lanka's Bank of Ceylon (BOC) long-term foreign- and local-currency Issuer Default Ratings (IDRs) of 'BB-' …
Sri Lanka tourist arrivals up 21-pct in March
Apr 17, 2012 (LBO) - Sri Lanka's tourist arrivals rose 21.3 percent to 91,102 in March from a year earlier with arrival in the first three months up 21. online …
SriLankan Airlines adds flight to Jeddah
April 16, 2012 (LBO) - Sri Lanka's national carrier is increasing its seat capacity to Saudi Arabia by adding a 314-seater Airbus A340 to cater to increased …
Vibration Message
Apr 16, 2012 (LBO) - An Indian computer student has developed an application that enables the blind and deaf to send and receive SMS on mobile phones by …
Postal Woes
Apr 15, 2012 (LBO) - Sri Lanka has seen a steep drop in the use mail in 2011, while telecom services continued to expand, increasing losses of a state-run …
Sri Lanka CEB loses Rs25.5bn, debts balloon
Apr 14, 2012 (LBO) - Sri Lanka's state-run power utility, the Ceylon Electricity Board has lost 25. online pharmacy buy abilify with best prices today in the …
Six Senses Resorts bought by US PE firm
Apr 11, 2012 (LBO) - Pegasus Capital Adivsors, a US based private equity firm had struck a deal to buy Bangkok-based Six Senses Resorts and Spas brand, though …
Sri Lanka Citrus Leisure unit to build hotel
April 11, 2012 (LBO) - Waskaduwa Beach Resort, a subsidiary of Sri Lanka's listed Citrus Leisure, plans to build a 150-room four-star hotel costing 23. online …
Rolling Loss
April 10, 2012 (LBO) - Losses at Sri Lanka's state-run railway rose in 2011 despite the acquisition of more rolling stock and increased carriage of passengers …
KLM sees passenger traffic rise in March
Apr 10, 2012 (LBO) - KLM group said passenger traffic increased 6.8 percent in March with load factor rising 3.8 percent to 82.5 percent with gains in …
Oil Storage
April 09, 2012 (LBO) - Indian Oil Corp. online pharmacy buy strattera with best prices today in the USA online pharmacy buy advair with best prices today in …
Sri Lanka’s Citrus Leisure beach property ownership disputed
April 09, 2012 (LBO) - The ownership of a prime beach front property the listed Citrus Leisure bought on Sri Lanka's east coast for 169 million rupees is now …
Sri Lanka Browns to build Rs1.75bn hotel
April 09, 2012 (LBO) - Sri Lanka's Browns Investments is to build a 150-roomed hotel on the south coast at an estimated cost of 1.75 billion rupees and …
Sri Lanka and Vietnam can boost trade with fast track measures: officials
April 08, 2012 (LBO) - Sri Lanka and Vietnam can boost bi-lateral trade by opening trade with a few items, and promoting interaction by reciprocal arrangements …
Sri Lanka state airline pays US$7.7mn in rental
Apr 07, 2012 (LBO) - Sri Lanka's state-run SriLankan Airlines is paying 7. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy …
Business Tool
April 06, BANGKOK (LBO) - Use of mobile phones has grown rapidly among the poor in Sri Lanka, becoming almost an indispensable business tool among small …
Sri Lanka state airline flights not axed
Apr 06, 2012 (LBO) - Sri Lanka's state-run SriLankan Airlines said it will continue to operate European routes, two of which were earlier to be axed during …
Sri Lanka to make Dutch Fort admin office a tourist attraction
Apr 05, 2012 (LBO) - An government administration building inside a 17th century Dutch Fort in Sri Lanka's south will be turned into a museum and part of its …