Clean Seas
Feb 06, 2009 (LBO) - Sri Lanka has called for fresh bids from private investors to set up a collection facility in Colombo port for waste oil from ships which …
Industry
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Sri Lanka Galle literary festival; journeys back in time
Feb 05, 2009 (LBO) - A blond woman in China with an unusual history; airline passengers armed to the teeth, crowded into a rickety Russian plane in …
Port Bids
Feb 05, 2009 (LBO) - The Sri Lanka Ports Authority has issued a long-awaited call for bids for a container terminal in a new deep-draft port being built next …
Support Package
Feb 03, 2009 (LBO) – Sri Lanka is developing a policy support package for registered finance and leasing companies that are facing liquidity problems, …
Sri Lanka Galle Face group to build resort on Maldive island
Feb 03, 2009 (LBO) - Sri Lanka's Galle Face Hotels Group plans to build a 100-room luxury resort hotel on an atoll in the Maldivian archipelago, a senior …
Trading Deal
Feb 03, 2009 (LBO) - Sri Lankan software firm Millennium IT said it has won the contract to provide the trading platform for India's new International …
Cheap PC
NEW DELHI, February 3, 2009 (AFP) - India has unveiled plans to produce a laptop computer costing just 10 dollars in a bid to improve the skills of millions of …
Ambiguity
Feb 03, 2008 (LBO) - Sri Lanka's Commercial Bank says the 'ambiguity' behind a suspension of payments on oil derivatives sold to state-run Ceylon Petroleum …
IT Services
Feb 02, 2009 (LBO) – Massachusetts-based Virtusa Corp., an IT services firm with operations in Sri Lanka, said net profit for the December quarter rose …
Oil Money
Feb 02, 2009 (LBO) - Cairn India, which is exploring for oil in Sri Lankan waters, said group after-tax profit for the December quarter was 48. online pharmacy …
Capital Short
Jan 31, 2008 (LBO) - Though Sri Lanka's policymakers and borrowers are expecting banks to give loans, cut interest rates and extend repayment periods, the …
Mobile Alert
Jan 30, 2009 (LBO) – Sri Lanka has launched a disaster warning system based on mobile phones that can deliver a an alert to millions of mobile phones …
Finance Meet
Jan 30, 2008 (LBO) – Sri Lanka's President Mahinda Rajapaksa had met the heads of banks, finance and leasing companies to discuss recent turmoil and …
Support Group
Jan 29, 2009 (LBO) – The Sri Lanka division of the Chartered Institute of Management Accountants would be advised by a 5-member consultative group after …
Crime Alarm
Jan 29, 2009 (LBO) – Sri Lanka's computer crime fighting has failed with more than three quarters of cases ending without convictions or not being …
Sri Lanka apparel firms mull investments in former war zone
Jan 27, 2009 (LBO) - Sri Lankan apparel exporters said they are considering expanding into the former war-zone in the island's north and east from where Tamil …
Heavy Lift
Jan 27, 2009 (LBO) - Colombo port will start taking delivery of the first batch of new cargo handling equipment to replace aging cranes from May this year, Sri …
Bonus Interest
Jan 27, 2009 (LBO) - Sri Lanka's Central Bank said the government will pay a 20 percent bonus interest in rupees on the interest earned on foreign currency …
Hedge Deal
Jan 27, 2009 (LBO) - Sri Lanka's Supreme Court Tuesday terminated proceedings in a case against oil hedges by the state-owned refiner, Ceylon Petroleum …
Sri Lanka tourist arrivals from major markets fall sharply
Jan 26, 2009 (LBO) – Tourist arrivals into Sri Lanka last year fell sharply from its main markets of India and Britain whose currencies also depreciated …