Wider Spectrum
July 1, 2007 (LBO) – Sri Lanka's pioneer leasing firm, Lanka Orix Leasing Company (LOLC), is looking to spread its wings under a new brand, officials …
Industry
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Sri Lanka’s boutique hotels suffer the ravages of war
SIGIRIYA, Sri Lanka, July 1, 2007 (AFP) - Britney Spears, Paul McCartney, Sting and Paul Simon have all travelled to Sri Lanka for a big-bucks taste of …
Sri Lanka to focus on niche tourism to bring more foreign exchange
June 30, 2007 (LBO) - Sri Lanka's Ministry of Tourism is kicking off a new drew to promote high spending niche tourism to the country with the appointment of a …
Subsurface Threat
June 30, 2007 (LBO) – Sri Lankan security authorities plan to install underwater surveillance systems in Colombo harbour to enhance the defences of the …
Snazzy Gadget
NEW YORK, June 29, 2007 (AFP) - Apple's iPhone, one of the most eagerly awaited devices in years, went on sale Friday with technology fashionistas queued up …
Upward Revision
June 29, 2007 (LBO) – Sri Lanka has raised fuel prices by around 5 percent almost two months after the last price increase, after allowing petroleum …
Danger Signs
June 28 (LBO) – Sri Lanka's Colombo port risks losing its status as south Asia's transshipment hub if it does not move fast to add more capacity and make …
Smooth Notes
June 29 (LBO) – The Sri Lankan distributor of the latest Toshiba notebook computer is relying on good after sales service and the strength of well-known …
Arbitrage Fund
June 29, 2007 (LBO) – A UK-based hedge fund is entering Sri Lanka and has sought a listing in the Colombo Stock Exchange through the purchase of a listed …
Ruling Roost
LONDON, June 28, 2007 (AFP) - Ten years after British energy markets were liberalised the customer is king and can put pressure on prices with a click of a …
Own Fleet
June 28 (LBO) – Sri Lanka's national shipping line has shelved plans to acquire a tanker for crude oil imports and is going ahead with the purchase of a …
Indian Bypass
June 28, 2007 (AFP) - Sri Lankan exporters are being squeezed as fewer container ships heading west call into Colombo, with global shipping lines moving more …
Chinese Squeeze
June 28 (LBO) – Sri Lankan exporters look set for difficult times with freight rates on the rise and their cargo being squeezed out of container ships …
Sell Off
June 27, 2007 (LBO) - Ultrapay Limited, the Australian broadband and mobile wireless services company, has sold the stake it held in Sri Lanka's Ruhuna …
Customs Blog
June 27, 2007 (LBO) – A web logging site for the Sri Lankan and international trading community as well as customs clients has been launched, giving …
Structural Attempt
June 26, 2007 (AFP) - Sri Lankan security forces found a powerful Claymore mine near an oil storage depot in the capital Tuesday, the defence ministry said. …
Pacey Numbers
June 26, 2007 (LBO) – Sampath Bank is raising 1.5 billion rupees through an unsecured debenture which Fitch has rated AA- (lka), but the rating agency …
Learning Lessons
June 25, 2007 (LBO) - Sri Lanka has lost the lead it once had in education, slowing the progress of the country, education specialists have warned. online …
Bank Heads
June 25 (LBO) – A new board of directors has been appointed to state-owned SME Bank as a first step in a proposed take-over by Lankaputhra Development …
Sri Lanka hotel chain to tempt tourists with local flavours
June 24, 2007 (LBO) – Aitken Spence, a large Sri Lanka based hotel chain with operations in the Maldives and India, is laying out a new menu based on …