Beware
May 16, 2007 (LBO) – An international anti-pyramiding activist has called on Sri Lanka to be vigilant against multi-level marketing schemes that can …
Industry
New Player
May 15, 2007 (LBO) – Sri Lanka's Board of Investment Tuesday said it had given approval for India's largest publicly-listed telecom firm, Bharti Airtel, …
Connections
May 15, 2007 (LBO) – Sri Lanka's Road Development Authority (RDA) is considering building an elevated or underground road to connect the fast growing …
Insurance Cover
May 15, 2007 (LBO) – HNB Assurance net profit for the first quarter ended March 31, 2007 rose seven percent to 12.9 million rupees, according to …
High Status
May 15, 2007 (LBO) – Sri Lanka Telecom (SLT) said Tuesday it has received BOI status from the Board of Investment that would enable it to import and buy …
Good Quarter
May 14, 2007 (LBO) - PABC Bank net profit for the first quarter of 2007 shot up 91% to 45. buy nolvadex online …
Hot Chillies
May 14, 2007 (LBO) – International judges marking creative works for Sri Lanka's Chillies advertising awards have been so strict on maintaining high …
Big Bucks
May 13, 2007 (LBO) – State-owned Bank of Ceylon is on a path to increase private sector lending and strengthen its capital to keep pace with a growing …
High Standards
May 13, 2007 (LBO) - The Chillies advertising awards in Sri Lanka finished Saturday with no winners among the finalists but Triad Advertising agency clinched …
Washed Up
May 12 (LBO) – High winds caused a barge anchored off Galle port in southern Sri Lanka to drag anchor and get washed ashore Friday, eyewitnesses and …
Big Claims
May 11, 2007 (LBO) – Union Assurance has reported after-tax profit for the quarter ending March 2007 fell to 21 million rupees from 33 million in the …
Rolling Stock
May 11, 2007 (AFP) - Sri Lanka plans to buy 60 million dollars worth of locomotives and passenger coaches from China to modernise its Victorian-era network, …
Flight of Fancy
May 11, 2007 (LBO) -- Sri Lanka plans to double the price of lottery tickets and use the extra cash to build a second international airport in Weerawila, the …
ATM Trouble
A part of Sri Lanka's Hatton National Bank automated teller machine system has encountered a technical problem and is being repaired at the moment, a bank …
Novel Solution
May 10, 2007 (LBO) – A senior Sri Lankan government official has suggested doubling fuel prices and scrapping free cars and fuel for government servants …
Overnight Vigil
May 10, 2007 (AFP) - Sri Lanka's only international airport shut to night flights on Thursday in line with new security measures against raids by rebel Tamil …
Total Failure
May 10, 2007 (LBO) – Sri Lanka's national power utility has started to restore power to the capital Colombo following an island-wide power failure, …
Corrupt Stories
May 09, 2007 (LBO) – The quality of corporate financial analysis in Sri Lanka is poor and the financial media is believed to be corrupt, a top business …
Travel Delays
COLOMBO, May 9, 2007 (AFP) - Thousands of passengers face travel delays and disruptions starting Thursday, when Sri Lanka's only international airport closes …
Tele Numbers II
May 9, 2007 (LBO) – Sri Lanka Telecom, the country's largest fixed access operator saw after tax profits growing by 53 percent to 1.98 billion in the …