Cheap Talk
July 16, 2008 (AFP) - South Asian leaders meeting in Sri Lanka next month should agree to slash telecom tariffs in their countries to promote inter-regional …
Industry
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Sri Lankan industrialists, professionals oppose new trade pact with India
July 17, 2008 (LBO) – Sri Lankan industrialists and professionals have appealed to the government not to sign a new trade pact with neighbouring India, …
Peninsular 3G
July 16, 2008 (LBO) - Sri Lanka's Dialog Telekom, a unit of Telekom Malaysia, said it had launched third generation (3G) mobile services allowing video calling …
Harbour Moves
July 16, 2008 (LBO) - Colombo port plans to order more quay-side gantry cranes, mobile cranes and tractors to boost productivity and cope with increasing cargo …
Sri Lanka scrambles to stop Japan travel warning
July 16, 2008 (LBO) - Sri Lanka is scrambling to head off an imminent travel warning from Japan, in a bid to save the struggling tourism industry from a new …
My Phone
July 16, 2008 (LBO) – Sri Lanka's Tigo, a unit of Millicom International Cellular is issuing plastic-card ownership certificate in response to …
Sri Lanka electricity utility gives Siemens deal to upgrade distribution
July 15, 2008 (LBO) - Sri Lanka's state power utility, Ceylon Electricity Board (CEB), has given Siemens Energy a 5,309 million rupee (31 million Euro) …
More Time
July 15, 2008 (LBO) - Directors of Sri Lankan banks would get three more years to meet term and age limits imposed by the Central Bank after a court ruling …
Sri Lanka’s June tourist arrivals fall 9.3-pct
July 11, 2008 (AFP) - Sri Lanka attracted fewer holidaymakers in June, the island's main tourism promotion authority said Friday, blaming the drop in the …
Freight Fracas
July 10, 2008 (LBO) - The Sri Lanka Shippers’ Council (SLSC) says their dispute with foreign shipping lines over a handling charge at Colombo port …
Tech Centre
July 10, 2008 (LBO) - India's Reliance Communications has joined with Sri Lanka's PC House (PCH) and its subsidiary Greenwich Lanka to maintain and develop …
Sri Lanka Ceylinco Insurance share issue applications rise
July 09, 2008 (LBO) - Applications for Sri Lanka's Ceylinco Insurance non-voting share issue have been steadily increasing, according to registrars to the …
Rainbow View
July 9, 2008 (LBO) – Sri Lanka Telecom, the island's largest fixed access operator, has established a separate unit for director publishing …
Bank Rating
July 08, 2008 (LBO) - Fitch Ratings has confirmed the local long-term rating of Sri Lanka's Nations Trust Bank at 'A(lka)' with a stable outlook. online …
Virtual Slaves
JAKARTA, July 8, 2008 (AFP) - Saudi Arabian families are abusing female migrant workers to the point of slavery and Riyadh needs to respond with sweeping …
Peace Building
July 07, 2008 (LBO) - Sri Lanka's government should start English medium schools in the East of the island, because educators in the areas are clamouring them, …
Launch Date
July 7, 2008 (LBO) - The Sri Lanka unit of India's Bharti Airtel hopes to launch its services in the island by the end of the year, a media report said. …
Tech Potential
July 06, 2008 (LBO) – A team that was placed second in Australia's Melbourne Business School's entrepreneurship competition, led by a Sri Lankan, chose …
Re-pricing
July 04, 2008 (LBO) - Sri Lanka's Sampath Bank is re-thinking the price of a rights issue and a share placement after market prices fell below the issue price, …
Bank Rating
July 4, 2008 (LBO) - Fitch Sri Lanka has today confirmed the BB+(lka) rating of Union Bank of Colombo (UB) saying its asset quality has improved, but more …