Web Eyeballs
Mar 10, 2008 (LBO) - Advertising agencies are struggling to convince clients to use the web as internet penetration increases in Sri Lanka, but poor awareness …
Industry
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High Flyers
Mar 10, 2008 (LBO) – Emirates Airlines is tripling frequent flying miles to business travellers in March on selected destinations, the airline said. …
Travel Time
MANILA, March 10, 2008 (AFP) - The Asian Development Bank said Monday it would double its loan commitment for a major highway project in Sri Lanka to 140 …
Tele Connect
Mar 10, 2008 (LBO) – The sale of an equity stake in Sri Lanka Telecom held by Japan's NTT to Malaysia's Usaha Tegas group could go ahead, the island's …
Gas Play
March 09, 2008 (LBO) – Sri Lanka's state-owned petroleum utility will enter the liquid petroleum gas (LPG) market by June using fuel dealerships, a top …
Brand Values
Mar 08, 2008 (LBO) – Local brands will have to boost their image to compete against experienced and focused international manufacturers, who now having a …
Saving Grace
Mar 08, 2008 (LBO) – State-run Sri Lanka Savings Bank, started to take over operations of defunct Pramuka Bank, will get a 1.5 billion rupee government …
Private Call
March 08, 2008 (LBO) – Sri Lanka Telecom (SLT), the island's dominant fixed line operator, has invested over 100 billion rupees in the business since it …
Grease Pal
March 07, 2008 (LBO) – Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) is looking for a joint venture partner to start a lubricant retailing …
Equity Gains
March 07, 2008 (LBO) – Lanka Orix Leasing Company (LOLC) December quarter profits were boosted 250 percent with unrealized equity gains, while revenues …
Fuel Pricing
March 07, 2008 (LBO) – Sri Lanka's state-owned petroleum utility aims to hold retail fuel prices at current levels for the time being despite crude oil …
Architecture Prize
Mar 07, 2008 (LBO) – A bus terminus in rural Sri Lanka, a car showroom in the capital Colombo and a lowland forest visitor centre are vying for a million …
Tough Times
Mar 06, 2008 (LBO) – Fitch Sri Lanka has downgraded the national long term rating of Sinhaputhra to 'BB- (lka)' from 'BB (lka)' with a negative outlook, …
Long Wait
March 06, 2008 (LBO) – Container transporters in Sri Lanka Thursday announced plans for a protest action and work stoppage that could disrupt the flow of …
Asset Class
Mar 05, 2008 (LBO) – Borrowing for day to day government spending has increased the cost of money for Sri Lankan companies and families struggling to get …
Asset Class
Mar 05, 2008 (LBO) – Borrowing for day to day government spending has increased the cost of money for Sri Lankan companies and families struggling to get …
Sri Lanka apparel makers struggle to find workers
March 5, 2008 (LBO) - Sri Lanka's key clothing industry is rolling out a publicity blitz to attract shop floor workers to fill nearly 12,000 vacancies in …
Skating Tower
March 05, 2008 (LBO) - Sri Lanka's Ceylinco Consolidated has inked an agreement with the country's investment promotion agency to set up its second shopping …
Sri Lankan Airlines to launch own loyalty program
Mar 04, 2008 (LBO) – SriLankan Airlines will launch its own frequent flyer program after the Emirates 'Skywards' program ends with the termination of …
Sri Lanka Eagle Insurance 2007 profits flat
Mar 04, 2008 (LBO) – Sri Lanka's Eagle Insurance group net profit for the 2007 financial year was flat at 527 million rupees although revenue went up 23 …