Gas Conversion
May 27, 2008 (LBO) – Sri Lanka's will give state assistance to convert petrol driven three-wheeler taxis to liquefied petroleum gas which can slash …
Industry
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Targeting Exercise
May 26, 2008 (LBO) – Sri Lanka is developing a scheme to pay fuel subsidies to bus operators that may cost the exchequer 7.0 billion rupees a year, …
Tele Trends
May 26, 2008 (LBO) - Sri Lanka Telecom, the island's top fixed line-operator, March quarter group net profit fell 16 percent to 1,663 million rupees from a …
Sri Lanka apparel exporter, UNESCO educate kids on sustainable development
May 26, 2008 (LBO) - Sri Lanka's MAS Holdings, a big apparel exporter, has partnered with UNESCO Bangkok to educate school children on sustainable development, …
Bus Fares
May 25, 2008 (LBO) – Sri Lanka's bus fares will go up by an average 27.2 percent from Monday following a 37 percent rise in diesel prices on Saturday, an …
Steep Rise
May 24, 2008 (LBO) – After dragging their feet for months Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) jacked up diesel prices by an …
Leasing Rating
May 24, 2008 (LBO) – Fitch Sri Lanka has confirmed a 'BBB-(lka)' rating of Ceylease Financial Services (CFSL), a unit of state-run Bank of Ceylon, with a …
Mobile Numbers
May 23, 2008 (LBO) – Sri Lankan mobile operator Dialog Telekom said its first quarter net profits fell by more than half after it cut prices owing to …
Sri Lanka awards rural power project to Australia’s BP Solar
May 23, 2008 (LBO) – Sri Lanka has awarded a contract for rural solar electrification to Australia's BP Solar, a senior government minister said. The …
Match Making
May 23, 2008 (LBO) – Sri Lankan Information Communication Technology (ICT) companies plan to take part in a business forum in the United Kingdom to …
e-Winner
May 23, 2008 (LBO) – Sri Lanka's digital self learning initiative, 'Shilpa Sayura', emerged winners in the education category of the Stockholm Challenge …
Direct Credit
May 23, 2008 (LBO) – Sri Lanka's People's Leasing is getting 10 million US dollars from the Asian Development Bank (ADB) which it can start lending …
Sri Lanka to apply for EU GSP+; industry warned not to depend on concessions
May 23, 2008 (LBO) – Sri Lanka's government said it was pressing ahead with applying for trade concessions from the European Union in October but warned …
Sri Lanka tourist trade lures Arab travelers
May 23, 2008 (LBO) – Sri Lanka's April tourist arrivals dropped ten percent to 29,747 compared to the same period last year, despite a surge in visitors …
Sri Lanka Hilton wins global hotel chain brand award
May 23, 2008 (LBO) – Sri Lanka's Hilton hotel has won the regional and global Hilton brand awards for 2007, beating some 500 hotels across the world, a …
Knowledge Essay
May 22, 2008 (LBO) – The deadline for an essay on the knowledge economy targeting Sri Lankan students in higher education has been extended till June 05, …
Sri Lanka power demand hits new record
May 22, 2008 (LBO) – Sri Lanka's national grid operated by the Ceylon Electricity Board (CEB) hit a new night peak demand of 1922MegaWatts on May 21, an …
Sri Lanka trade deficit doubles in March
May 22, 2008 (LBO) – Sri Lanka's trade deficit doubled in March 2008 to 448 million dollars as imports ratcheted up 32 percent while exports grew only …
Sri Lanka Brandix to put creations on catwalk
May 22, 2008 (LBO) – Sri Lanka's apparel giant Brandix says its creations with an emphasis on eco-friendliness will be on display on the second day of a …
Soft Challenge
May 22, 2008 (LBO) – Search engine giant Google has accepted 24 student projects from Sri Lanka's University of Moratuwa, for an open-source software …