Sri Lanka downturn cushioned by Maldives profits of top leisure firms
June 15, 2007 (LBO) – Two of Sri Lanka's leisure sector players have managed to cushion a downturn in tourism on the island, with profits from resorts …
Industry
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Smoke Sales
June 15, 2007 (LBO) – Sri Lanka plans to set up a carbon fund to promote carbon trading and provide financial as well as technical support for potential …
Off-Grid
June 15, 2007 (LBO) – Sri Lanka will be able to light up 60,000 rural homes and also connect new private-sector renewable energy to the urban power grid …
Telemedicine
June 15, 2007 (LBO) – Sri Lanka has equipped a rural hospital with computer facilities and a broadband link to offer patients remote consultation, …
Big Response
June 14, 2007 (LBO) – Sri Lanka's biggest mobile phone company, Dialog Telekom, said Thursday its 15.5 billion rupee cash call had been fully subscribed. …
Singled Out
June 12, 2007 (LBO) – Sri Lanka should widen its tax base and practice fiscal discipline instead of heavily taxing a few sectors like the financial …
Capital Change
June 12, 2007 (LBO) – A controlling stake in the listed financial firm, Asia Capital was bought by a consortium led by Asia Fort Asset Managment, with …
Power Blast
June 12, 2007 (LBO) – A blast ripped through a vital high voltage electricity transmission line in a suburb of Sri Lanka's capital Colombo, but it failed …
Medical Thrust
June 12, 2007 (LBO) – The Hemas group is pushing into the hospital sector with a 2.5 billion rupee investment though bottom line growth this year has …
Close Shave
June 12, 2007 (AFP) - Tamil Tiger saboteurs came close to cutting off a large chunk of Sri Lanka's electricity supply Tuesday by skirting tight security and …
Metro Dreams
June 12, 2007 (LBO) - Sri Lanka should switch to mass urban transport to combat traffic congestion, and start a powerful umbrella organization to implement …
Sri Lanka film regulations may block positive coverage needed to boost tourism
June 11, 2007 (LBO) – Earlier this year, a foreign television crew working for the Travel Channel in London arrived in the country to do a documentary on …
Oil Oil everywhere…
TEHRAN, June 6, 2007 (AFP) - Iran hopes to begin a much-delayed plan to ration petrol in the next two weeks amid continued uncertainty over its launch date, …
Precipice
June 10, 2007 (LBO) – Sri Lanka is on the brink of the dangerous path of petrol and diesel rationing, which will give set amounts of subsidized fuel to …
Personal Identity
June 09, 2007 (LBO) – Sri Lanka would soon be sounding out operators on making mobile telephone numbers portable, telecom minister Rauf Hakeem said. "In …
Rural Link
June 8, 2007 (LBO) - The first of a series of 'cyber-centers' that will link rural business in Sri Lanka with the internet has been opened in the central hill …
Cell Cash
June 8, 2007 (LBO) – The cellular operator Mobitel has raised five billion rupees through a syndicated loan to fund its expansion into rural Sri Lanka, …
Big Money
June 08, 2007 (LBO) – Dialog Telekom signed up with Board of Investment to invest 33 billion rupees (300 million dollars) to expand existing services and …
Sri Lanka apparel makers increase backward integration
June 08, 2007 (LBO) – Sri Lanka's garments industry has increased sourcing of fabric from the region and making accessories at home under its backward …
Health South
June 08, 2007 (LBO) – Hemas group a listed diversified group that is in consumer goods, energy, leisure and healthcare said it had acquired a hospital in …