Sri Lanka Islamic insurer’s Maldives unit in IPO
Sept 10, 2011 (LBO) - Sri Lanka's Amana Takaful, an insurer operating on Shariah islamic finance rules said its unit in the Maldives selling 800,000 shares to …
Industry
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Frozen ATPL
Sept 10, 2011 (LBO) - Sri Lanka's Gateway Graduate School, is in talks with a UK based university to offer an air travel degree with pilot training targeting …
Sri Lanka power utility battles monsoon failure
Sept 09, 2011 (LBO) - Sri Lanka’s state-run Ceylon Electricity Board which has been badly hit by a failure of the island’s main monsoon is …
Rural Links
Sept 09, 2011 (LBO) - Cleveland Bridge UK has signed a 56 million US dollar contact with Sri Lanka's Ministry of Economic Development to provide up to 210 …
Broadcast Business
Sep 08, 2011 (LBO) - Sri Lanka's East West Properties has spent 49.buy wellbutrin online buy wellbutrin online no prescription 3 million rupees to buy control …
Electronic Transfer
Sep 07, 2011 (LBO) - Sri Lanka's Commercial Bank is offering companies an electronic payment service for Employees’ Provident Fund (EPF) payments via its …
Tele Sale
Sept 06, 2011 (LBO) - Suntel a wireless access unit of Sweden's Telia will is being chased by at least two suitors, but Sri Lanka Telecom, the island's largest …
Broad Expansion
Sept 06, 2011 (LBO) - Sri Lanka Telecom, the island's largest telecom operator, said it will raise 75 million US dollars from a syndicated loan to upgrade and …
Sri Lanka new tourism strategy to increase earnings, jobs
Sep 06, 2011 (LBO) - Sri Lanka aims to make tourism a key component of post-war economic growth with a new strategy aimed at luring more high-spenders and …
Sri Lanka seeks to upgrade skills as tourism booms
Sep 06, 2011 (LBO) - Sri Lanka's tourism industry intends to ramp up training to meet a critical and growing skills gap amid a tourism boom after the end of …
Sri Lanka, India US$500mn coal plant deal inked
Sept 06, 2011 (LBO) - Sri Lanka's state-run Ceylon Electricity Board and India's National Thermal Power Corporation inked a deal to build a 500MegaWatt coal …
Speed Bump
Sep 05, 2011 (LBO) - The long-delayed opening of Sri Lanka's first expressway will be delayed further although construction of the road is over because toll …
Port Premium
Sep 02, 2011 (LBO) - The state-run Sri Lanka Ports Authority (SLPA) is to provide medical insurance for its employees with the cost borne by the authority …
Hactivism
Sep 01, 2011 (LBO) - A group of hackers said to be from Sri Lanka are claiming to have 'DNS poisoned' a series of internet servers related to domestic and …
Sri Lanka Hayleys buys control of Amaya Leisure
Sep 01, 2011 (LBO) - Sri Lanka's Hayleys conglomerate has spent 2. buy avodart online …
Sri Lanka JKH in joint venture to build Rs2.90bn business hotel
Sep 01, 2011 (LBO) - Sri Lanka's John Keells Holdings (JKH) group plans to build a 25 storey, 240-room business hotel in Colombo with an investment of 2. …
Brand Builder
Sept 01, 2011 (LBO) - Sri Lanka's Cargills group, which has interests in foods and retailing said it will launch a new biscuit brand after buying a …
Investment Funds
Sep 01, 2011 (LBO) - Sri Lanka's Commercial Bank has begun concessionary long term lending from an investment fund created with savings made from tax cuts …
Ferry Orders
Aug 31, 2011 (LBO) - Sri Lanka's Colombo Dockyard said it has won an order to build two passenger ferries for India's Laskshadweep island administration, on …
Sri Lanka Browns to increase hydropower generation
Aug 31, 2011 (LBO) - Sri Lanka's Browns Investments has said it plans to make use of its plantations to generate more hydropower and increase capacity to 16 …