Sri Lanka airport lounge opened by Emirates
Apr 05, 2012 (LBO) - Dubai-based Emirates had built 200 million rupee lounge for its first and business class passengers, at Sri Lanka's Bandaranaike …
Industry
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Sri Lanka state carrier axes flights to Zurich, Rome
Apr 04, 2012 (LBO) - State-run SriLankan Airlines said it will cancel flights to Zurich and Rome in May and June which are off-peak months but will resume them …
Mobile Edge
April 04, 2012 (LBO) - A mobile phone ranking system is being developed to help Sri Lankan pineapple farmers identify suppliers of good quality planting …
Diversion
Apr 03, 2012 (LBO) - Vehicle imports would be routed through a new port in Hambantota in the south of the island from May 31, which will speed up clearing of …
Asian Footprint
Apr 02, 2012 (LBO) - London Stock Exchange which is using software developed by a Sri Lanka based firm to run the world's fastest trading platform said it is …
Sri Lanka to get Tiger Airways flights from May
Apr 01, 2012 (LBO) - Singapore-based Tiger Airways, a budget carrier, said it is starting thrice-a week flights to Sri Lanka's capital Colombo from May 31, as …
Airport Link
Apr 01, 2012 (LBO) - Sri Lanka is planning a 600 million dollar high-speed rail link to it capital Colombo from the main international airport with a Malaysian …
Petro Deal
Mar 31, 2012 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has struck a deal to import 500 million US dollars of petroleum products from Vietnam …
Sri Lanka exporters told ‘green’ compliance has advantages
Mar 31, 2012 (LBO) - Sri Lankan exporters will have to ensure the 'greenness' of their products to comply with environmental rules of importers to ensure …
Sri Lanka hosts trade facilitation forum
Mar 30, 2012 (LBO) - Sri Lanka Export Credit Insurance Corporation and the Commonwealth Secretariat is hosting a trade facilitation and export seminar in …
Sovereign Influence
Mar 30, 2012 (LBO) - Fitch Ratings has confirmed Sri Lanka Telecom's (SLT) long-term foreign-currency and local-currency issuer default ratings (IDRs) at 'BB-' …
Sri Lanka Mackwoods Energy share issue draws almost Rs400mn
Mar 30, 2012 (LBO) - The Initial Public Offering of Sri Lanka's Mackwoods Energy Limited that was oversubscribed on the opening day has drawn applications …
Board Change
Mar 29, 2012 (LBO) - Sri Lanka's Pan Asia Banking Corporation (PABC) said its chairman A G Weerasinghe will step down from April 02 and will be replaced by …
Rail Links
Mar 29, 2012 (LBO) - Sri Lanka's is studying the building of a new railway track to the east of the country and also extend another rail track to Hambantota in …
Sri Lanka hotel makes US$35mn cake
Mar 28, 2012 (LBO) - Sri Lanka Heritance Ahungalle, a hotel in the island's Aitken Spence leisure group said it has made a 35 million dollar sapphire studded …
Sri Lanka Expo foreign presence sign of confidence: president
Mar 28, 2012 (LBO) - The presence of a large delegation of foreign visitors at Sri lanka's Expo2012 international trade fair and exhibition is an expression of …
Sri Lanka Com Bank, Ceylinco Insurance in ‘bancassurance’ deal
Mar 28, 2012 (LBO) - Sri Lanka's Commercial Bank has struck a deal with Ceylinco Insurance to offer the latter’s general and life insurance products …
Knowledge Base
Mar 28, 2012 (LBO) - International Finance Corporation, an arm of the World Bank said it is training Sri Lankan bankers in trade finance to help provide better …
Sri Lanka energy, transportation projects draw US firms
Mar 28, 2012 (LBO) - The United States is keen to expand trade and investment in Sri Lanka, a senior official said at talks on a proposed bilateral Trade and …
Sri Lanka NDB mulls renewable energy project funding
Mar 26, 2012 (LBO) - National Development Bank said it is considering funding projects to generate energy from bio-mass, waste and solar having given loans to …