Sri Lanka insurer to cover graduate study
Aug 01, 2010 (LBO) - Sri Lanka's Chartis Insurance has tied up with an information technology school to cover degree study costs of students who lose support …
Industry
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Credit Flow
LONDON, August 1, 2010 (AFP) - British banks must use first-half profits to boost lending to businesses, Chancellor of the Exchequer George Osborne said in an …
Sri Lanka gets more Emirates flights to Male
July 31, 2010 (LBO) - Emirates is to increase the frequency of flights between Sri Lanka and the Maldives to cater to increasing tourist traffic, a statement …
Sri Lanka travel warning removed by Britain
July 31, 2010 (LBO) - The British government has removed a travel warning on Sri Lanka advising against visits to the former northern war zone, following the …
Sri Lanka rupee appreciation a concern, exporters say
July 31, 2010 (LBO) - Sri Lankan exporters have urged the government not to allow the rupee to appreciate as it would erode their competitiveness. …
Sri Lanka-Japan free trade deal possible: statement
July 30, 2010 (LBO) - Japan is willing to consider a request by Sri Lanka for a free trade deal between the two countries, a foreign affairs ministry statement …
Lower Profits
July 30, 2010 (LBO) - Sri Lanka's PABC Bank's net profit for the June 2010 quarter fell 60 percent to 83 million rupees from a year earlier, despite lower loan …
Sri Lanka decides against more coal power
July 30, 2010 (LBO) - The Sri Lankan government has decided to change its coal-based power generation plan and not go for more coal plants and instead shift …
LBO-LBR CEO Forum
July 30, 2010 (LB0) - Recently imposed floor prices on mobile users by the regulator can be removed within two years, while celco operators have themselves to …
LBO-LBR CEO Forum
July 30, 2010 (LB0) - Recently imposed floor prices on mobile users by the regulator can be removed within two years, while celco operators have themselves to …
Northern Reach
July 29, 2010 (LBO) - Sri Lanka's Commercial Bank has opened two more branches in the former northern war zone of the Jaffna peninsula where economic activity …
Sri Lanka to reduce high costs of thermal power plants
July 29, 2010 (LBO) - Sri Lanka is giving top priority to cutting high costs of running thermal power plants, encouraging energy conservation measures and …
Compliance Call
July 29, 2010 (LBO) - Informal entities that have been operating as Islamic financiers in Sri Lanka will have to get their houses in order and become fully …
Sri Lanka Hemas power profits up on hydro gains
July 29, 2010 (LBO) - Sri Lanka's Hemas Power said net profit for the June 2010 quarter shot up 967 percent to 80 million rupees from a year ago on a sharp …
Portable Numbers
July 29, 2010 (LBO) - Sri Lanka is ready for mobile number portability, where the subscribers who switch telecom operators can take their personal number with …
SriLankan Airlines wins Singapore award for growth
July 28, 2010 (LBO) - SriLankan Airlines has won an award from Singapore's Changi airport for having the highest growth in traffic to the city state from the …
Regional Role
July 28, 2010 (LBO) - Sri Lanka could issue Islamic finance sovereign bonds or 'Sukuks' and take the lead in becoming a regional centre for Islamic financial …
Relief Appeal
July 28, 2010 (LBO) - Depositors of a failed Sri Lankan finance company desperate to get their money back want to petition the United Nations human rights …
Logistical Skills
July 28, 2010 (LBO) - Several batches of transport professionals will graduate from Sri Lankan universities and academies this year, easing a skills shortfall …
Tech Ventures
July 28, 2010 (LBO) - Two companies plan to set electronic commerce ventures in Sri Lanka which is promoting itself as a site for business process outsourcing, …