Harbour Help
May 05, 2011 (LBO) - Sri Lanka is to develop the northern Kankesanturai port with Indian aid in a project that will deepen the harbour basin and build a …
Industry
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Sri Lanka gets Indian cruise liner
May 05, 2011 (LBO) - An Indian cruise ship owned and operated by a Chennai-based AMET Shipping India will start calling at Sri Lankan ports in May offering …
Software Channel
May 05, 2011 (LBO) - E-Channelling, a listed Sri Lankan dotcom that enables patients to make appointments with doctors over the internet, has formed a joint …
Fund Alerts
May 05, 2011 (LBO) - Sri Lanka's Commercial Bank said recipients of remittances through its e-Exchange facility will get SMS alerts when their accounts are …
Sri Lanka Islamic insurer hit by lack of compliant investments, bad weather
May 05, 2011 (LBO) - Amana Takaful, a Sri Lanka based insurer operating on Islamic Shariah principles said it lost less money in 2010 despite higher claims, …
SriLankan Airlines to get new chief executive
May 05, 2011 (LBO) - Kapila Chandrasena, current chief executive of Sri Lanka's state-run budget carrier Mihin Lanka, is to be the new chief executive of the …
Health Strategy
May 04, 2011 (LBO) - Sri Lanka's state is "passionate and committed" towards Lanka Hospitals Corporation, a listed fee levying hospital which came under its …
Sri Lanka stock market seen as funding option for hotels
May 04, 2011 (LBO) - Sri Lanka's hotels, enjoying a boom after the end of a war, can seek expansion funds from the stock market, with banks having difficult …
Telecom Gateway
May 04, 2011 (LBO) - TATA Communications' Sri Lanka unit has commissioned its second international gateway in Sri Lanka improving reliability and providing …
Sri Lanka national carrier boosts fleet
May 04, 2011 (LBO) - SriLankan Airlines, the island's state-run national carrier is boosting its short haul fleet to more closely fit the needs of its regional …
Sri Lanka Expolanka in travel deal with India’s Akquasun
May 03, 2011 (LBO) - Sri Lanka's Expolanka Holdings and Akquasun Group based in Mumbai have formed a joint venture called Akquasun Lanka to focus on attracting …
Outsource Option
May 03, 2011 (LBO) - India's Firstsource Solutions is to invest a million dollars to take a 74 percent stake in Sri Lankan celco Dialog Axiata's business …
Road Upgrade
May 03, 2011 (LBO) - Sri Lanka is receiving 100 million US dollars to maintain an upgrade a 134 kilometre road connecting the island's East to the Western side …
Sri Lanka low general insurance rates may end
May 3, 2011 (LBO) - Sri Lanka's insurers who have been competing aggressively on price despite making underwriting losses, may be forced to re-think their …
Sri Lanka HNB Assurance March net up 23-pct
May 02, 2011 (LBO) - Sri Lanka's HNB Assurance's profits in the March 2011 quarter rose 23 percent to 24. online pharmacy buy diflucan with best prices today …
Sri Lanka hotel profit margins on the rise: report
May 01, 2011 (LBO) - Profit margins of Sri Lanka's tourist hotels are widening with an influx of arrivals and rising room rates after the end of its 30-year …
Rural Access
Apr 29, 2011 (LBO) - The United Kingdom's Cleveland Bridge UK Ltd has won a contract to build 210 permanent steel bridges in Si Lanka in a project partly …
Profit Support
Apr 29, 2011 (LBO) - Sri Lanka's Sampath Bank group profits rose 63.8 percent to 980 million rupees in the March 2011 quarter, helped by provisional reversals …
Steady State
Apr 29, 2011 (LBO) - Sri Lanka's Seylan Bank group net profits in the March 2011 quarter rose 27 percent to 195 million rupees from a year earlier, helped by …
Sri Lanka draws Al-Futtaim insurance unit
Apr 29, 2011 (LBO) - Dubai's Al-Futtaim group is setting up an insurance company through a subsidiary in Sri Lanka, which is recovering from a war, and is …