Sri Lanka signs US$82mn hydro power deal with China
Oct 20, 2010 (LBO) - Sri Lanka's state-run Ceylon Electricity Board has awarded a 35MegaWatt 82 million US dollar hydro power plant deal to China, power …
Industry
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SriLankan Airlines wins award for fuel saving software
Oct 20, 2010 (LBO) - SriLankan Airlines has won a merit award at the island's national software awards for its fuel management information system that enabled …
Sri Lankan exporters said not making use of free trade deals
Oct 20, 2010 (LBO) - Sri Lankan exporters are still not making enough use of free trade deals giving duty free or preferential access to big markets, a senior …
Sri Lanka state power utility to lose less than expected
Oct 20, 2010 (LBO) - Sri Lanka's state-run Ceylon Electricity Board may lose only half the originally expected 40 billion rupees in 2010 with the utility …
Fashion Statement
Oct 20, 2010 (LBO) - Sri Lankan retailer Odel's net profit rose 18 percent to 63. online pharmacy buy symbicort with best prices today in the USA online …
SriLankan Airlines adds flights to India
Oct 19, 2010 (LBO) - SriLankan Airlines plans to improve connections to major Indian cities by adding several flights to Mumbai, Chennai and Bangalore, a …
Hospital Strategy
Oct 19, 2010 (LBO) – Sri Lanka™s Asiri Hospital has bought a 10 percent stake in Asiri Surgical Hospital for 500 million rupees increasing its stake to …
Credit Trend
Oct 18, 2010 (LBO) - Credit to Sri Lanka's businesses from commercial banks rose 12.6 percent in August 2010 to 1,226.5 billion rupees from a year earlier …
Viable Proposition
Oct 18, 2010 (LBO) - Sri Lanka's Hatton National Bank aims to increase lending under its micro-finance portfolio as it has been found to be good business …
Sri Lanka picks up Asian nominations in World Travel Awards
Oct 18, 2010 (LBO) - Sri Lanka's has been nominated under few regional categories for Asia region in the World Travel Awards, but lost to countries like India, …
Sri Lanka land delays seen holding up hotel projects
Oct 18, 2010 (LBO) - Delays in getting land are holding up new hotel projects in Sri Lanka which needs more rooms for an anticipated boom in arrivals with the …
Bitumen Packer
Oct 18, 2010 (LBO) - Sri Lanka's state-run Ceylon Petroleum which has a 95 percent market share in bitumen, is looking for an investor to set up and run a …
Hotel Sale
Oct 17, 2010 (LBO) - Depositors of Sri Lanka's failed Golden Key Credit Card Company, an unregulated finance firm, may get some cash when a part of the money …
Software Piracy
Oct 15, 2010 (LBO) - Sri Lanka still has work to do to better protect intellectual property rights whose violations are of concern to the United States, a …
Sea Links
Oct 15, 2010 (LBO) - India and Sri Lanka have agreed on and initialled a draft agreement to resume ferry services between the two neighbours that was disrupted …
Port Prospects
Oct 14, 2010 (LBO) - The increase in cargo flows from India generated by accelerating economic growth will ensure business for a new container terminal that …
Tele Towers
Oct 14, 2010 (LBO) - A US based telecom tower company is looking for opportunities to build shared infrastructure in Sri Lanka as telcos in the island expand …
Health Sourcing
Oct 14, 2010 (LBO) - Cambio Heathcare Systems, a Sweden based health sector firm has moved its outsourcing unit to larger premises in Sri Lanka's capital …
Finance Losses
Oct 14, 2010 (LBO) - Sri Lanka's The Finance Company, which is converting some deposits into shares, has managed to reduce losses compared to last year but …
Financial Access
Oct 14, 2010 (LBO) - Sri Lanka's poor are reliable borrowers and repay loans, offering a growth opportunity for micro-finance especially in rural areas, deputy …