Sri Lanka tourism plummets in May
June 22, 2007 (LBO) – Visitors to Sri Lanka plummeted 40 percent in May with Europe and East Asia showing steep falls, as an intensifying conflict, …
Industry
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Women Power
June 22, 2007 (LBO) – More women are joining the construction industry, attracted by the higher wages that have risen with the boom in building activity, …
Water Water
June 22, 2007 (LBO) – Sri Lanka is boosting pipe-borne water supply to the capital Colombo by expanding two water treatment plants, a senior government …
Still Trying
June 21, 2007 (AFP) - The tsunami-devastated Galle International Stadium may not be ready to host the first Test against England later this year. online …
Sino Wheels
June 21, 2007(LBO) - One of Sri Lanka's largest used vehicle importers plans to import small cars from China and strike a deal with a big Chinese automaker to …
Virtuous Way
June 21, 2007 (LBO) – Sri Lanka's open source software community is promoting free programs that can be used on operating systems like Microsoft Windows, …
Debenture Quality
June 21, 2007 (LBO) – A 5-year, two billion rupee debenture issue of DFCC Bank has been assigned a rating of AA (lka) while the bank's long-term rating …
Making Sense
June 21, 2007 (LBO) – Sri Lanka is to merge two state banks created as a result of election promises in the recent past, but keep a regional banking …
Normal Operations
June 19, 2007 (AFP) - Sri Lanka's only international airport is to resume around-the-clock operations after air raids by the Tamil Tiger rebels forced its …
Imagine Cup
June 19, 2007 (LBO) – Sri Lanka's young software developers lack resources but not dedication or talent, says former winners of a students technology …
Fund Power
June 19, 2007 (LBO) – Institutional investors in Sri Lanka's small stock market still lack the strength to influence managements of listed firms on …
Knowledge Cash
June 18, 2007 (LBO) – Amba Research, an investment research outsourcing firm which raised new venture capital financing Monday, is planning to expand …
Floating Hotel
DUBAI, June 18, 2007 (AFP) - The booming Gulf emirate of Dubai said on Monday it has bought the Queen Elizabeth 2, one of the world's most majestic cruise …
Box Bonanza
June 18, 2007 (LBO) – South Asia Gateway Terminals (SAGT), Colombo Port's privatised container facility, aims to handle 1.6 million containers by the end …
No Dividend
June 18, 2007 (LBO) – Seylan Merchant Bank said it was unable to pay a dividend proposed earlier, following a solvency test specified in a new company …
Synthetic Fuel
WASHINGTON, June 17, 2007 (AFP) - A fiery debate has been rekindled in Washington as US lawmakers mull proposed incentives to produce diesel fuel from coal. …
Disturbing Rule
June 17, 2007 (LBO) – Sri Lanka's insurance industry has voiced concern over a recent proposal by regulators to transfer the Strike, Riot, Civil …
Heaven Sent
June 16, 2007 (LBO) – Sri Lanka's power utility has increased its hydro storage after heavy rains in the last three days, and if the trend continues it …
Sailing Away
June 15, 2007 (LBO) – Sri Lanka's Aitken Spence conglomerate is exiting from its ship-owning business because of lower earnings from chartering and …
Digital Sheep
WASHINGTON, June 15, 2007 (AFP) - The FBI is in the process of locating and notifying the users of one million computers controlled by hackers through …