Toll Expressway
May 02, 2008 (LBO) - The highway from the Sri Lankan capital Colombo to hill country town of Kandy will be developed into a toll expressway at a cost of 30 …
Industry
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Record Numbers
April 30, 2008 (LBO) – Sri Lanka's inflation hit an all-time high of 25.0 percent in the 12-months to April 2008 on a new index to measure consumer …
Sri Lankan Airlines to give cut price tickets to state workers
April 30, 2008 (LBO) – Sri Lankan Airlines is giving a 25 percent discount for state-workers and their families who go abroad, the state-run national …
Solvency Tests
April 28, 2008 (LBO) – Sri Lankan finance companies should reduce maturity mis-matches between their assets and liabilities an official said. When …
Energy Projects
April 29, 2008 (AFP) - Iranian President Mahmoud Ahmadinejad on Tuesday launched a 1.buy doxycycline online buy doxycycline online no prescription …
May Day
April 29, 2008 (LBO) – Sri Lanka's main private sector retirement fund has made billions real losses in in 2007 as the state used the monetary system to …
Sri Lanka power supply fails
April 28, 2008 (LBO) – Sri Lanka was plunged in darkness shortly after nightfall Monday as the power grid operated by state-run Ceylon Electricity Board …
Sri Lanka exporters say govt giving wrong signals on EU trade
April 28, 2008 (LBO) – A dispute over Sri Lanka's duty free access to key European markets has snowballed into a political hot potato with exporters …
Sri Lankan garments get easier access to India
April 28, 2008 (LBO) – India has lifted a rule that required three million pieces of Sri Lankan garments allowed duty to free to India to be made from …
Sri Lanka rabies puppy in British quarantine bites three
LONDON, April 26, 2008 (AFP) - Three people were bitten by a rabies-infected puppy dog in British quarantine, a Health Protection Agency (HPA) spokeswoman said …
Sri Lanka’s ABC Insurance goes rural
April 26, 2008 (LBO) – Sri Lanka's ABC Insurance Company says its premiums rose 300 percent to 129 million rupees in the year to March 2008, following …
Lifeline
April 26, 2008 (LBO) – Sri Lankan finance companies should improve governance practices voluntarily before external rules are imposed and whistle-blowers …
Sri Lanka plant blazes green trail for Marks & Spencer
April 25, 2008 (LBO) – UK retailer, Marks & Spencer says a newly re-built eco-friendly apparel factory in Sri Lanka is part of a plan that will see all …
Strong Showing
April 25, 2008 (LBO) – NDB Bank says it has done well with a low cost to income ratio, and having the lowest non-performing loans among local banks while …
Sri Lankan Airlines Indian flights grounded as pilots go sick
April 25, 2008 (LBO) – Sri Lankan Airlines has canceled several flights to the Indian subcontinent as more than a dozen pilots reported sick, officials …
More Time
April 24, 2008 (LBO) – Sri Lanka's central bank has given more time for founding directors and chairmen of banks to serve on the boards beyond the …
Confirmed Credit
April 24, 2008 (LBO) – Sri Lanka's Fitch Ratings has confirmed Commercial Bank of Ceylon's 'AA+(lka)' rating with a stable outlook, citing the bank's …
Domino Effect
April 24, 2008 (LBO) – Sri Lanka's financial regulator Thursday told finance companies to carefully monitor liquidity and be more aware of risks to …
Tri-lingual Alert
April 24, 2008 (LBO) – Sri Lanka's Tigo, a unit of Millicom International Cellular has started short message service (SMS) alerts in Sinhala and Tamil …
Sri Lanka ABC Insurance suspension lifted
April 23, 2008 (LBO) – Sri Lanka's insurance watchdog said it had lifted a suspension of ABC Insurance after the firm complied with solvency rules. The …