Sri Lanka Spence to put US$78mn in hotels
July 12, 2010 (LBO) - Sri Lanka's Aitken Spence group is planning to put 78 million US dollars in to the leisure sector after a war ended in Sri Lanka with new …
Industry
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Sri Lanka Jetwing upgrading two hotels, mulling new ones
July 09, 2010 (LBO) - Sri Lanka's Jetwing leisure group has is spending 1. online pharmacy buy spiriva inhaler with best prices today in the USA buy albenza …
Sri Lanka Continental Hotel in US60mn expansion
July 11, 2010 (LBO) - Continental Hotel, the oldest 5-star rated property in Sri Lanka's capital Colombo will spend 60 million US dollars to expand and …
Sri Lankan June tourist arrivals up 48-pct
July 10, 2010 (LBO) - Tourist arrivals to Sri Lanka rose 47.9 percent to 44,730 in June 2010 from a year earlier, with strong growth from South Asia, Western …
Sri Lanka Amaya Leisure in US$100mn expansion
July 10, 2010 (LBO) - Amaya Leisure, a firm connected to Sri Lanka's Vallibel group said it would invest 100 million US dollars in the next four years in four …
Sri Lanka okays foreign investment for two resorts in Kalpitiya
July 09, 2010 (LBO) - Sri Lanka has approved two resorts by foreign investors in a new tourism development area in Kalpitiya on the north-west coast that …
Broad Speeds
July 09, 2010 (LBO) - Mobile broadband quality of the two largest players in Sri Lanka's western province, where the capital Colombo is located, is …
Protest
July 9, 2010 (AFP) - Sri Lanka said Friday that UN chief Ban Ki-moon had "acted in haste" by recalling his top envoy on the island in response to angry …
Nearly Docked
July 8, 2010 (LBO) - A deal to build a container terminal in an expanded Colombo port will be awarded to a China - Sri Lanka consortium within 'two to three …
Capital Needs
July 8, 2010 (LBO) - Merchant Bank of Sri Lanka, a unit of state-run Bank of Ceylon, may need to inject new capital into a troubled savings bank and insurance …
Sri Lanka apparel industry downplays loss of EU trade deal
July 08, 2010 (LBO) - The end of a trade deal giving duty free market access to Europe will not be a 'catastrophe' though it would squeeze already thin profit …
Sri Lanka draws cruise ships after end of war
July 08, 2010 (LBO) - Sri Lanka is once again becoming an attractive destination for cruise ship operators with the end of a 30-year ethnic war, the head of …
SriLankan Airlines launches Shanghai, China flights
July 08, 2010 (LBO) - Sri Lankan Airlines has launched its four-times a week service to Shanghai, China's commercial capital, which the airline says is the …
Sri Lankan Airlines to set up flight simulator centre with Dutch firm
Computer Play July 08, 2010 (LBO) - SriLankan Airlines will set up a flight simulator centre with SIM Industries of the Netherlands targeting the growing South …
Cargo Flow
July 07, 2010 (LBO) - Container volume growth at a Colombo port private terminal run by an associate firm of John Keells Holdings slowed down sharply in June …
Credit Line
July 7, 2010 (LBO) - Sri Lanka's Lanka Orix Leasing Company will expand credit to war torn northern and eastern areas of the country armed with a credit line …
Sri Lanka buys out Emirates for US$53mn
July 07, 2010 (LBO) - The Sri Lankan government has bought a stake owned by Emirates in SriLankan Airlines for 53 million dollars taking full control of its …
Sri Lanka mulls geo-thermal energy potential
July 06, 2010 (LBO) - Sri Lanka intends to tap its geo-thermal energy potential and is reviewing its power generation plan to give more emphasis to renewable …
Sri Lanka, India in talks on power exchange
July 06, 2010 (LBO) - Sri Lanka and India are having talks on exchanging power to help meet demand during peak times, with the island expecting an energy …
Sri Lanka state bank buys into insurance firm
July 06, 2010 (LBO) – Sri Lanka's state owned Bank of Ceylon (BOC) and its subsidiary Merchant Bank of Sri Lanka (MBSL) has bought 4.1 percent of …