No Hassle
August 1, 2007 (LBO) – Sri Lanka's Union Assurance made it easier to claim motor accident insurance in the highly competitive industry by allowing policy …
Industry
Economic Parley
July 31, 2007 (LBO) – The annual sessions of the Sri Lanka Economic Association (SLEA) will look at regional inequalities, employment and social safety …
New Life
July 31, 2007 (LBO) – The failed Pramuka Bank had been given the nod by the Central Bank to re-open for business from August 01, as the state owned Sri …
Digital Divide
July 31, 2007 (LBO) – Sri Lanka's government ICT Agency has expanded its telecentre network to 400 points all over the island to help communities improve …
Carbon Footprints
July 30, 2007 (LBO) – Global warming is increasingly being recognized as a threat around the world, but the business of carbon trading to reduce global …
Rating Shuffle
July 30, 2007 (LBO) –The Sri Lanka unit of Rating Agency Malaysia (RAM) said Monday its operations will not be affected by a restructuring of the parent. …
Demotion
July 30, 2007 (LBO) – Fitch Ratings has downgraded the rating outlook of National Development Bank from 'positive' to 'stable' after a proposed merger …
Fashion Tips
July 29, 2007 (LBO) – Popular actress Sangeetha Weeraratne and hairstylist and choreographer Lou Ching Wong are teaming up to give a leg up to wannabe's …
Delayed Action
June 29, 2007 (LBO) – Arpico Finance Company Limited has asked for more time to meet the new regulatory capital requirements of the Central Bank, the …
Flu Scare
July 28, 2007 (AFP) - Sri Lanka on Saturday banned imports of live birds and chickens from India following an outbreak of bird flu in the neighbouring country, …
Deposit Drive
July 28, 2007 (LBO) – People’s Bank is on an aggressive drive to raise deposits this year, with an enhanced target of 30 billion rupees, a top …
Merchant Assets
July 27, 2007 (LBO) – Fitch Ratings Lanka which affirmed People's Merchant Bank's (PMB) long-term BBB (lka) rating Friday said its assets grew 44 percent …
Flying Gold
July 27, 2007 (LBO) - A SriLankan Airlines advertising campaign developed by Grant McCann Erickson hit the lime light winning the first gold at the Pacific …
Design Prize
July 27, 2007 (LBO) – A Sri Lankan trust named after renowned architect Geoffrey Bawa has launched a national award with a million-rupee prize to …
Sri Lanka apparel group in Spanish tie to boost swimwear fabric flow
July 27, 2007 (LBO) – A new joint venture with a Spain-based firm will fill a gap in synthetic fabric printing capacity, especially in swimwear, Sri …
Flat Profits
July 26, 2007 (LBO) – Dialog Telekom, Sri Lanka's largest celco saw consolidated net profits dip by a marginal 3 percent in the June quarter as start-up …
Easy Dollars
July 26, 2007 (LBO) – Sri Lanka has relaxed foreign currency transactions in the country by allowing money changers to sell as well as buy forex and also …
Flying Elephant
July 25, 2007 (LBO) – SriLankan Airlines has started to serve a popular ice cream brand of the island on its flights to India as part of a strategy to …
Renaissance
MCCLEAN LAKE, Canada, July 24, 2007 (AFP) - Twenty years after the Chernobyl disaster poisoned the world's taste for reactors, a French firm is sniffing out …
Sea Guard
July 24, 2007 (LBO) – Tough security measures at Colombo harbour are causing delays both on the sea side as well as the land side, prompting port …