Sri Lanka’s southern tourism industry fights hard times
May 20, 2008 (LBO) – The tourism industry in southern Sri Lanka, badly hit by recent unrest, is fighting back by highlighting its best attractions and …
Industry
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Good Ideas
May 19, 2008 (LBO) – Two small charities in Sri Lanka have won 40,000 US dollars in grants to work on reducing discrimination and stigma associated with …
Inside Sri Lanka M&S supplier’s ‘green’ factory
May 18, 2008 (LBO) - Built on the naturally sloping ground inside the 180-acre Thulhiriya Fabric Park, north of the Sri Lankan capital Colombo, surrounded by …
Takeover Watch
May 17, 2008 (LBO) – Fitch Sri Lanka has placed the 'A-(lka)' rated Commercial Leasing Company on credit watch after Lanka Orix Leasing Company (LOLC) …
Tree Walkers
WASHINGTON, 2008 (AFP) - Scientists have long thought that walking is easier than climbing for primates -- explaining why we humans ended up on our feet all …
Mortgage Strength
May 16, 2008 (LBO) – A mortgage backed security issued by Sri Lanka's HDFC Bank retained its enhanced credit, three notches higher than the issuer, as …
Merchant Rating
May 15, 2008 (LBO) – RAM Ratings has confirmed Merchant Bank of Sri Lanka's (MBSL) long-term local rating of AA- with a stable outlook, saying the rating …
Port Contract
May 15, 2008 (LBO) – Sri Lanka has approved the award of a 46 million euro contract for a Denmark based firm to build a port in the eastern coast of the …
Outstation Opportunity
May 15, 2008 (LBO) – Bartleet Finance, part of Sri Lanka's Bartleet group, is considering setting up a branch in northern Jaffna and expanding in rural …
Sri Lanka Allianz unit offers directors and officers liability insurance
May 15, 2008 (LBO) - Allianz Insurance Lanka has launched a business unit to provide directors and officers (D&O) liability insurance to Sri Lanka's private …
LBR-LBO CEO Forum
May 15, 2008 (LBO) – Strategy in business continuously changes and businesses must plan and adopt strategies by studying key market components for better …
Margin Play
May 14, 2008 (LBO) – Sri Lanka's state-run Bank of Ceylon has seen margins squeezed in 2007 amidst directed lending and rising funding costs, but has …
Repeat Business
May 14, 2008 (LBO) – Sri Lanka's Colombo Dockyard, a unit of Japan's Onomichi and the country's sole listed shipbuilder, has won two new orders from …
Wider Portfolio
May 14, 2008 (LBO) – The Sri Lanka unit of India's Tata Communications is looking to expand in to new areas after getting 30 percent of the outgoing …
Software Piracy
SINGAPORE, May 14, 2008 (AFP) - Software piracy increased last year in the Asia-Pacific region, boosted by China's growing use of personal computers, an …
Bollywood Link
May 13, 2008 (LBO) – Sri Lanka and India's Adlabs plan to enter into a joint venture to upgrade 30 local cinemas, an official said. A mission from the …
Rural Health
May 13, 2008 (LBO) – Japan has given a grant of 3,103 million yen (about 3.2 billion rupees) to expand Sri Lanka's third largest hospital and import …
Sri Lanka Ceylinco starts outpatient health insurance
May 12, 2008 (LBO) – Sri Lanka's Ceylinco Insurance is offering cover for outpatient services which would be made available through a network of …
Converged Service
May 12, 2008 (LBO) – Sri Lanka Dialog Telekom says it is offering a new voice and broadband bundled service that can slash charges and reduce hardware …
Black Gold
May 10, 2008 (LBO) – Sri Lanka is to award its first offshore oil exploration contract before the end of May, petroleum minister A H M Fowzie said. The …