Hop Across
Feb 21, 2008 (LBO) –Standard & Poor's will start an office in India allowing a closer watch on Sri Lanka and other South Asian nations, the rating agency …
Industry
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National Pension
Feb 21, 2008 (LBO) – Sri Lanka's state-run savings giant, National Savings Bank entered the pensions market with a campaign specifically targeted at …
Sri Lanka tourist arrivals steady in January
Feb 20, 2008 (LBO) – Sri Lanka received 56,916 tourists in January, around the same level as last year with a sharp increase in visitors from Russia …
Talent Gap
Feb 19, 2008 (LBO) – Sri Lanka's Business Process Outsourcing (BPO) firms have called for more investment to improve English standards and reduce …
Slow Lane
Feb 18, 2008 (AFP) - Sri Lanka has further raised taxes on cars to discourage imports and save foreign exchange, officials said Monday, pushing first-time …
Everyone™s Business
Feb 18, 2008 (LBO) – The United Nations office in Sri Lanka will hold a round table conference Tuesday to seek ways of encouraging more people to do …
Tele Outlook
Feb 18, 2008 (LBO) – Standard & Poor's said it had cut the outlook on Sri Lanka Telecom (SLT), the island's largest fixed operator, to 'negative' from …
Low Tones
Feb 18, 2008 (LBO) – Sri Lanka's Dialog Telekom group December quarter profits fell 35 percent despite revenue climbing 26 percent as losses from its pay …
Sri Lanka glove exporter enters Indian market: report
Feb 18, 2008 (LBO) – Sri Lanka's rubber gloves exporter Dipped Products Ltd. (DPL) has announced plans to enter the Indian market in partnership with …
Arabian Luxury
Feb 16, 2008 (LBO) – Sri Lanka's State Engineering Corporation (SEC) has clinched a deal to build a $125mn luxury housing project in Qatar, construction …
Transition
Feb 17, 2008 (LBO) – Sri Lanka's NDB Bank has announced that its Deputy Chief Executive Officer Eran Wickramaratne will succeed Nihal Welikala as the …
Sri Lanka dragonflies draw eco-tourists
Feb 16, 2008 (LBO) – An insect with large multifaceted eyes and two pairs of transparent wings on an extended body is luring tourists to Sri Lanka and …
Negative Outlook
Feb 15, 2008 (LBO) – Sri Lanka's rating outlook has been lowered to 'negative' by Standard and Poor's (S&P) who warned that the underlying B+ rating …
Arm’s Reach
Feb 15, 2008 (LBO) – International Finance Corporation, the World Bank's private sector financing arm, has given a 75 million dollar standby loan for …
Foreign Boost
Feb 14, 2008 (LBO) – Sri Lanka's Sanasa Development Bank, which has roots in the micro-finance sector, will get cash from foreign partners to meet …
Sri Lanka to entice Arab tourists in deal with Al-Jazeera
Feb 13, 2008 (LBO) - Sri Lanka's tourism industry is targeting Middle Eastern visitors by tying up with Al-Jazeera TV to make up for dwindling numbers from …
Native News
Feb 12, 2008 (LBO) – JNW news, Sri Lanka's pioneer news provider on mobile networks, has launched a news website using Sinhala Unicode characters, an …
Aitken Spence Hotels cuts Sri Lanka losses, regional net up
Feb 12, 2008 (LBO) – Aitken Spence Hotels has boosted net profits by 78 percent in the December quarter and slashed its Sri Lanka losses in the first …
Oil Trends
Feb 12, 2008 (LBO) – Lanka IOC is looking to extend its bunker business once new pipelines connecting the Colombo port with storage terminals are laid, …
Sri Lanka hotels gain on merger news
Feb 11, 2008 (LBO) – Sri Lanka's Associated Hotels Company Limited (AHCL) will merge with Ceylon Hotels Corporation (CHC) and another company, Perigrine …