Harbour Move
Aug 13, 2008 (LBO) – The chairman of the Sri Lanka Ports Authority (SLPA) Saliya Wickramasuriya has been asked to resign, Sri Lanka's ports and aviation …
Industry
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Sri Lanka Brown & Co eyes energy saving market
Aug 12, 2008 (LBO) – Household goods retailer Brown & Company plans to import and promote energy efficient electrical items from India to meet growing …
No Crisis?
PARIS, August 12, 2008 (AFP) - Oil demand is slowing sharply in advanced economies as people ease up on driving, supplies are rising and the market is set to …
Gas Dates
Aug 12, 2008 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation's (CPC) entry into liquid petroleum gas (LPG) retailing has been pushed to December due …
Twin Growth
Aug 12, 2008 (LBO) - It's easy to miss the business strategy behind a glitzy re-launch of Sri Lanka Telecom's wire-line services, as the island's only copper …
Fishing Support
August 12, 2008 (LBO) - The United States has finished re-building the third fishery harbour in southern Sri Lanka which was hit by the 2004 Asian tsunami, the …
On Board
Aug 12, 2008 (LBO) - The rapid growth of the world's shipping fleet is opening up employment opportunities for Sri Lankan seafarers but training is constrained …
Disputed Charge
Aug 12, 2008 (LBO) - Sri Lankan shippers have rejected the report of a mediation committee that probed a dispute over cargo handling charges in Colombo port, …
Sri Lanka apparel exporters urged to get closer to markets
Aug 11, 2008 (LBO) – A European expert has advised Sri Lanka's apparel industry to get closer to their markets and focus on a limited number of customers …
Sri Lanka’s Union Assurance June quarter net up by more than half
Aug 11, 2008 (LBO) - Sri Lanka's Union Assurance said its group June quarter net profit rose 63 percent to 49 million rupees from a year ago. Revenue for the …
Sri Lanka apparel industry gets marketing savvy
Aug 09, 2008 (LBO) - Sri Lanka's clothing industry, one of its top export earners, is acquiring more marketing skills as fears grow over the looming loss of …
Sri Lanka business chamber touts virtues of Indian trade deal
Aug 07, 2008 (LBO) - A Sri Lankan business chamber has said the proposed new trade deal with India would give businesses an opportunity to penetrate the …
Domestic Help
KUALA LUMPUR, August 7, 2008 (AFP) - Malaysian women will be encouraged to train as domestic helpers, in a government programme aimed at reducing the country's …
New Money
Aug 07, 2007 (LBO) - Sri Lanka is negotiating additional funds to re-start work on a section of a highway to the island's south that is now suspended, but the …
At Sea
Aug 06, 2008 (LBO) - A new International Labour Organisation maritime convention that Sri Lanka is to ratify will improve the safety, efficiency and working …
Bubble Deflating?
SINGAPORE, August 5, 2008 (AFP) - World oil prices fell in Asian trade Tuesday as fears about slowing US demand outweighed the increasing likelihood of …
Slow Way
Aug 05, 2008 (LBO) - The government lacks the funds to build part of an expressway in southern Sri Lanka that is scheduled to be completed by 2010, a senior …
Lease Backed
Aug 05, 2008 (LBO) - Sri Lanka's Assetline Leasing, unit of David Pieris Motor Company has raised 100 million rupees by securitizing vehicle leases, NDB …
Money Management
August 4, 2008 (LBO) – Sri Lankan savers, faced with the prospect of the value of their savings being eroded by record inflation, are being advised to …
Bank Trends
Aug 04, 2008 (LBO) - Fitch Ratings has confirmed the 'AAA(lka)' national long-term rating of HSBC Sri Lanka with a stable outlook. The ratings agency said in a …