Gas Bid
June 17, 2010 (LBO) - The Sri Lankan government wants to buy back the stake in the Shell Gas unit in the island that had been sold to the multinational in a …
Industry
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Sri Lanka Serendib Hotels sells stake in Hotel Sigiriya
June 17, 2010 (LBO) - Serendib Hotels has sold part of its stake in Hotel Sigiriya, both part of Sri Lanka's Hemas group, in a deal worth 40. online pharmacy …
Sri Lanka power generation up 9.2-pct in first quarter
June 17, 2010 (LBO) - Sri Lanka's power generation in the first quarter of 2010 has increased 9. buy abilify online …
Disaster Drill
June 16, 2010 (LBO) – Oil exploration disasters are likely to continue in future as energy continues to dig deeper in the Ocean for petroleum products an …
Unheard Killer
June 16, 2010 (AFP) - At least 15 people using their mobile telephones while walking on railway tracks have been killed by trains in Sri Lanka this year, a …
Nomadic Mode
June 15, 2010 (LBO) - Mobile phone payment and music are among applications likely to be popular in south Asian countries like Sri Lanka where local-language …
Sri Lanka main opposition says ‘not opposing’ India trade deal
June 15, 2010 (LBO) - Sri Lanka's main opposition United National Party is not opposing an enhanced trade liberalization deal with India, but wants …
Mobile Move
June 14, 2010 (LBO) - Etisalat's Sri Lanka unit has invited developers to create mobile applications and is offering to share 70 percent of revenue from sales, …
Virtual Ad
June 14, 2010 (LBO) – Sri Lanka's Triad Advertizing has launched Triadhot.com, a virtual advertising agency, to service global clients' online …
Sri Lanka ‘green’ apparel plant seen as global model
June 14, 2010 (LBO) - The United Nations Industrial Development Organization (UNIDO) has recommended as a global model an environmentally friendly apparel …
Bank Numbers
June 14, 2010 (LBO) –Indian Bank's March quarter profits rose 32.4 percent to 296.3 million rupees on lower operating costs and reversals on provisions, …
Sri Lanka Hemas eyes renewable power as post-war demand rises
June 14, 2010 (LBO) - Sri Lanka's Hemas Power is building another hydropower plant, raising generation capacity to 24 Giga Watt hours (millions of units) of …
Insurance Lift
June 13, 2010 (LBO) - Sri Lankan ports are now free of any extra war risk-related insurance premiums following the removal of the island from the area listed …
Mass Wedding
June 13, 2010 (AFP) - Sri Lankan authorities on Sunday conducted the marriages of over 100 former rebels at a mass ceremony attended by Bollywood actor Vivek …
China signs trade deals with Sri Lanka
June 12, 2010 (AFP) - Chinese Vice-Premier Zhang Dejiang held talks with Sri Lanka's president Saturday after signing six trade and economic deals, the …
Sri Lanka warns private power producers
June 12, 2010 (LBO) - Sri Lanka has warned private power producers that it could go against deals signed to sell power to a state-run power distributor with …
Maritime Ventures
June 11, 2010 (LBO) - Sri Lanka's Aitken Spence group said its maritime transportation business division is considering setting up a maritime campus overseas …
Direct Links
June 11, 2010 (LBO) - Mobile phone applications have the potential to reduce the gap between rich and poor in developing countries like Sri Lanka, the island's …
Risk Rating
June 11, 2010 (LBO) - London underwriters have removed Sri Lanka from the area listed for war risk insurance following lobbying by the island's government that …
Sri Lanka plans new tariffs to smoothen power peaks
June 10, 2010 (LBO) - Sri Lanka state-run Ceylon Electricity Board is devising new tariffs with low off peak rates and penal peak rates to smoothen the daily …