Loss Adjustment
Jan 22, 2011 (LBO) - Sri Lanka's Indian Oil Corporation unit says it is losing 9 rupees a liter on petrol and 21 rupees a liter on diesel by selling fuel at …
Industry
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Deep Range
Jan 22, 2011 (LBO) - Sri Lanka's state marine research agency will buy a survey and research vessel from Taiwan to deepen knowledge and also upgrade a …
Chip Growth
Jan 21, 2011 (LBO) - Sri Lanka's computer chip consumption will grow more than 25 percent in 2011 driven by growing information technology use and government …
Sri Lanka exports surge in Nov
Jan 21, 2011 (LBO) - Sri Lanka's exports surged 36 percent in November 2010 to 833 million US dollar, led by industrial exports which grew 40. online pharmacy …
Naval Rescue
SEOUL, January 21, 2011 (AFP) - South Korean navy commandos Friday stormed a ship hijacked by Somali pirates in the Indian Ocean, rescuing all the 21 crew and …
Sri Lanka cable firm to build hotels
Jan 20, 2010 (LBO) - Sierra Cables, a listed power cable maker said it will build hotels in a joint venture with another group as strong tourist arrivals …
Text Reminders
Jan 20, 2010 (LBO) - Sri Lanka's credit information office is planning a text message alert service by mobile phone for borrowers who forget to make credit …
Sri Lanka second hotel scouted by Swiss leisure group
Jan 18, 2010 (LBO) - Swiss-based MÅ‘venpick Hotels and Resorts, which is to manage a city hotel in Sri Lanka's capital Colombo is looking for opportunity to …
Local Clearing
Jan 17, 2011 (LBO) - Sri Lanka will set up a common automated teller machine and payment card switch that will process transactions locally, eliminating the …
Credit Trends
Jan 17, 2011 (LBO) - Credit to private citizens from Sri Lanka's commercial banks rose 23. buy avodart online …
Pirate Action
SEOUL, January 15, 2011 (AFP) - Suspected Somali pirates hijacked a South Korean-operated cargo ship with 21 crew on board in the Indian Ocean on Saturday, …
Sri Lanka expects US$1.5bn in hotel starts in 2011
Jan 15, 2010 (LBO) - Sri Lanka is expecting 1. online pharmacy buy strattera with best prices today in the USA buy albenza online …
Sri Lanka to sell pre-paid power: minister
Jan 13, 2011 (LBO) – Sri Lanka’s state run power utility, Ceylon Electricity Board is planning to sell electricity under a pre-paid tariff system, …
Sri Lanka to get US$500mn hotel from China aviation firm
Jan 14, 2010 (LBO) - A Chinese aviation firm will build a 500 million US dollar hotel and shopping complex in the main beachfront of Sri Lanka's capital …
Sri Lanka Taj owners may build another hotel: minister
Jan 14, 2010 (LBO) - Investors connected to Taj Samudra hotel in Sri Lanka's capital Colombo may build another hotel in the same premises, economic development …
Sri Lanka Senok group to start chopper service
Jan 13, 2010 (LBO) - Sri Lanka's Senok group of companies has been given the nod to start a domestic helicopter service, a top official said as the country …
Transport Secretary
Jan 13, 2010 (LBO) - Head of Sri Lanka's Vallibel, Dhammika Perera has been appointed to the post of secretary of the transport ministry. online pharmacy buy …
Sri Lanka tourist arrivals up 46.1-pct in 2010
Jan 12, 2011 (LBO) - Sri Lanka's tourist arrivals in December 2010 rose 48. online pharmacy buy antabuse no prescription pharmacy 8 percent to 84,627 from a …
BPO Thrust
Jan 10, 2010 (LBO) - Sri Lanka Hayleys group said its outsourcing division had hired a top executive from WNS, a New York listed business processing …
Asset Value
Jan 10, 2011 (LBO) – The Finance Company, is looking to raise 1.6 billion rupees of fresh capital is expecting to return to profits by March 2012 helped …