Sri Lanka carrier seeks Boeing long-haul aircraft
July 5, 2011 (LBO) - Sri Lanka's state-run national carrier SriLankan Airlines has sought a quote from US-based Boeing aircraft to replace its ageing long-haul …
Industry
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Sri Lanka appeals for power saving as reservoirs run dry
July 05, 2011 (LBO) - Sri Lanka has appealed to the public to reduce consumption during peak hours, saying hydro-power reservoirs were running dry and several …
Sri Lanka carrier takes delivery of A340 aircraft
July 05, 2011 (LBO) - Sri Lanka's national carrier, SriLankan Airlines has taken delivery of a 243 seat Airbus A340 aircraft with flatbeds, the airline …
Moving Out
July 5, 2011 (LBO) - Sri Lanka's information technology and business process outsourcing firms have started to expand out of the capital, to lower costs and …
Sri Lanka to turn war-time fort into tourist attraction
July 04, 2011 (LBO) - Sri Lanka plans to convert a colonial-era fort in the north that was also fought over during the recent ethnic war into a tourist …
Philippines want to open air services to Sri Lanka: report
July 4, 2011 (LBO) - Aviation authorities in Philippines want to expand air links with Sri Lanka in talks set for July to take forward the country's 'open …
SriLankan Airlines cuts air fares
July 04, 2011 (LBO) - SriLankan Airlines said it has cut ticket prices by about 15-20 percent in general on flights from Colombo with special one-way fares for …
Software Suite
July 04, 2011 (LBO) - Sri Lanka's Citizens Development Business Finance has selected a banking technology platform developed by Polaris Software and …
Sri Lanka diplomats to plug tourism
July 3, 2011 (LBO) - Sri Lanka's diplomats will promote the country abroad in the future and the state tourism promotion office will gradually sever links with …
Sri Lanka state-run airport firm profits up 40-pct
July 02, 2011 (LBO) - State-run Airport and Aviation Services (Sri Lanka) Ltd, which has a monopoly airport operations in the island has reported a profit of …
Sri Lanka Pakistan talks to expand trade
July 02, 2011 (LBO) - Sri Lanka and Pakistan will begin talks Monday to expand trade and review the implementation of a free trade deal which was put in place …
Oily Issue
July 1, 2011 (LBO) - Long queues of cars have built up around some fuel stations of the Sri Lanka unit of India Oil Corporation after car owners complained of …
Boat Deal
July 01, 2011 (LBO) - Sri Lanka based SOLAS Marine has won an order for 80 fast interception craft from the Indian Navy in a deal valued at 3,000 million …
Fuel Fiasco
June 30, 2011 (LBO) - Sri Lanka's petroleum industries minister has rejected allegations the government imported low quality petrol, saying motorists whose …
Sri Lanka to permit hotels in wildlife buffer zones
June 30, 2011 (LBO) - Sri Lanka will permit eco-friendly hotels in buffer zones adjacent to nature reserves to cater to increased local and international …
Speed Breaker
June 30, 2011 (LBO) - Sri Lanka's motor sector companies' profitability has fallen after the reversal of some import tax cuts that caused a profit surge, …
Sri Lanka seeks developers for prime property
June 30, 2011 (LBO) - Sri Lanka is searching for a buyer for a block of prime beach front land adjacent to two that are slated to be among the largest …
Sri Lanka Finco cuts stake in newly listed apparel firm
June 30, 2011 (LBO) - Sri Lanka's Finco group has reduced its stake in Orient Garments, a newly-listed apparel subsidiary, when it began trading Wednesday, a …
Parental Support
June 29, 2011 (LBO) - Fitch Ratings Lanka has assigned DFCC Vardhana Bank's (DVB) proposed subordinated debentures of up to a billion rupees a national rating …
Sri Lanka to cancel deals of promoters who delay in Eastern resorts
June 29, 2011 (LBO) - Sri Lanka may cancel deals of four investors who were given state land to build hotels in Pasikudah in the Eastern coast of the island, …