Ship Safety
June 17, 2011 (LBO) - Japan's ClassNK, the world’s largest ship classification society in gross tonnage terms, has opened an office in Sri Lanka as …
Industry
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SriLankan Airlines in wage deal with aircraft engineers
June 17, 2011 (LBO) - SriLankan Airlines has signed a long-term collective agreement with its aircraft engineers’ union, giving a pay rise that it said …
Aging Fleet
June 17, 2011 (LBO) - Sri Lanka's government plans to arrange low-cost leases for private operators to help them replace aging fleets of buses with new ones, …
Islamic Banking
June 16, 2011 (LBO) - Sri Lanka's Commercial Bank of Ceylon said it is starting an alternative banking services compliant with Islamic Sharia law, with a three …
Sri Lanka wind power firm buys Gamesa turbines
June 16, 2011 (LBO) - Sri Lanka's Pawan Danavi (Pvt) Ltd, a unit LTL Holdings a power generating group will buy turbines from Gamesa Wind Turbines, the Indian …
Freight Cost
June 16, 2011 (LBO) - Container shipping line CMA CGM has announced a freight rate increase from July 1 including on cargo loaded from Sri Lanka, joining other …
Sri Lanka Lighthouse in Rs300mn expansion
June 15, 2011 (LBO) - Listed Lighthouse Hotel, a unit of Sri Lanka's Jetwing leisure group, is planning a 300 million rupee expansion and upgrade to target up …
Sri Lanka Panasian Power to buy more hydro capacity
June 14, 2011 (LBO) - Sri Lanka's Panasian Power said it had signed a deal to buy a mini hydro firm that had 6. online pharmacy buy abilify with best prices …
Final Stretch
June 13, 2011 (LBO) - An toll expressway to Sri Lanka's southern city of Galle is expected be completed by July 2011, but the pricing has not yet been decided, …
Smart Share
June 13, 2011 (LBO) - Korea's Samsung has taken the lead in Sri Lanka's 'smart phone' and screen phone market, winning a share of between 35 to 40 percent, …
Services Sales
June 12, 2011 (LBO) - The shipping division of Sri Lanka's Aitken Spence group has won a deal to improve the efficiency of the port of Nacala in Mozambique, …
Sri Lanka tourist arrivals up 39-pct in May
June 10, 2011 (LBO) - Tourist arrivals to Sri Lanka rose 39 percent to 48,000 in May 2011 from a year earlier, led by increases in visitors from India and East …
Sri Lanka Mihin Lanka losses mount, assets negative
June 10, 2011 (LBO) - Sri Lanka's state-run Mihin Lanka, a budget carrier, has lost 5.8 billion rupees since it was started in 2007 and it had a 5.6 billion …
Sri Lanka gets IFC funds for wind power
June 09, 2011 (LBO) - The International Finance Corporation, part of the World Bank group, is investing 3.8 million US dollars in Sri Lanka’s SENOK group …
Sri Lanka Panasian Power controlling shareholder reduces stake
June 09, 2011 (LBO) - The Malaysian controlling shareholder of Sri Lankan mini hydro firm Panasian Power reduced its control with the sale of a large stake in …
Nano Cabs
June 09, 2011 (LBO) - A city taxi service using Tata Nano cars has started in Sri Lanka's capital Colombo, but the firm cannot cope with demand for hires and …
Offshore Support
June 09, 2011 (LBO) - Sri Lankan shipbuilder Colombo Dockyard has begun building the second vessel in a contract for oil platform supply vessels from Greatship …
New Era
June 8, 2011 (AFP) - Sri Lanka is to finally scrap its telegraphic service, which has been overtaken by mobile phones and the Internet and handles just 50 …
Labour Position
June 09, 2011 (LBO) - Sri Lanka was elected as a deputy member of the International Labour Organisation™s (ILO) governing body during the 100th International …
Credit Approvals
June 08, 2011 (LBO) - DFCC, a development finance institution (DFI) that also owns a commercial banking subsidiary said its credit approvals soared 117 percent …