Cycle Sales
Mar 18, 2012 (LBO) - Singer (Sri Lanka) Plc, a listed consumer durables distributor which 22 billion rupees in revenues in 2011 said it has seen strong sales …
Industry
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Sri Lanka targets US$12bn in exports in 2012
Mar 16, 2012 (LBO) - Sri Lanka is targeting 12 billion US dollars in exports in 2012 up from 10. online pharmacy buy ciprodex with best prices today in the USA …
Sri Lankan consumers seen cheated by protectionist lobbies
Mar 16, 2012 (LBO) - Powerful protectionist lobbies and lack of awareness are denying Sri Lankan consumers the benefits of free trade which could significantly …
Sri Lanka city hotel in Rs218mn expansion
Mar 16, 2012 (LBO) - Sri Lanka's listed Renuka City Hotels Plc said it is starting a 218 million rupee expansion, amid a tourism boom. online pharmacy buy …
SME Focus
Mar 16, 2012 (LBO) - Sri Lanka's Standard Chartered Bank is planning to double business from small and medium enterprises over the next three years with a …
Rural Savings
Mar 16, 2012 (LBO) - Sri Lanka's state-owned National Savings Bank disbursed more loans through branches in 2011 than in the past after it decentralised …
In-flight food suspected in Emiratis’ death in Sri Lanka: report
Mar 15, 2012 (LBO) - The deaths of two UAE nationals, soon after their arrival in Sri Lanka, could be due to food poisoning from an in-flight meat, a media …
Sri Lanka’s tourist arrivals up 27-pct in Feb: data
Mar 15, 2012 (LBO) - Sri Lanka's tourist arrivals increased 27 percent to 83,549 in February 2012, from a year earlier, and visitors during the first two …
Mentality Mend
Mar 15, 2012 (LBO) - Sri Lankan shipbuilder Colombo Dockyard has urged authorities to get rid of a war-time mentality and loosen regulations to allow business …
Oil Agenda
Mar 15, 2012 (LBO) - Sri Lanka will auction shallow water blocks in the Mannar Basin to oil exploration companies soon following the discovery of gas by Cairn …
Safe Search
Mar 15, 2012 (LBO) - Sri Lanka is considering setting up a regional safety training for the oil and gas industry following the discovery of gas in its offshore …
Moral Suasion
Mar 14, 2012 (LBO) - Sri Lanka's central bank has asked banks to limit credit to buy motor cars, in a bid to reduce imports, as the country faced balance of …
Sri Lanka’s Mackwoods Energy plans hydro plants of 6.4MW
Mar 13, 2012 (LBO) - Mackwoods Energy Limited, a unit of Sri Lanka's privately held Mackwoods group is is raising 350 million rupees from a public offer to …
Yard Fortunes
Mar 13, 2012 (LBO) - Sri Lanka's Colombo Dockyard anticipates lower ship building and repair orders given the shipping industry downturn but is investing in …
Sri Lanka main airport moves 6.34mn pax in 2011: official
Mar 12, 2012 (LBO) - Passenger movements through Sri Lanka's main international airport rose to 6.4 million above its design capacity of 6 million passengers, …
Rail Finance
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Lady Chat
Mar 12, 2012 (LBO) - Mobitel, a unit of fixed access operator Sri Lanka Telecom said it has launched a package targeting female subscribers with life insurance …
Credit Trend
Mar 10, 2012 (LBO) - Credit to business from Sri Lanka's commercial banks fell to 44.5 billion rupees in January 2012 from 60.2 billion rupees a month earlier, …
Sri Lanka apparel exporter says US demand to be strong
Mar 09, 2012 (LBO) - Demand from the United States for apparels would be strong this year, though Europe may be weak and domestic conditions in China, a key …
Sri Lanka airport light industry proposals to close on March 15: official
March 09, 2012 (LBO) - Requests for proposals to start medium and light industries near Sri Lanka's new international airport in Hambantota will close on March …