No Connection
April 30, (LBO) – Emirates Airlines said Monday flights to Colombo will remain suspended after a security review, following Tamil Tiger rebel air raids. …
Industry
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Little Damage
April 29, 2007 (LBO) – The Indian and Dutch partners of petroleum facilities targeted by Tamil Tigers, which are jointly owned with the government of Sri …
Air Attack III
April 29, 2007 (LBO) – Sri Lanka cut power to the capital Colombo early Sunday local time, when millions were watching their team bat in the finals of …
Land Locked
April 28, 2007 (LBO) – A deal to sell a prime commercial property belonging to a troubled state trading firm to a state-bank has got deadlocked with …
Extra Year
April 27, 2007 (LBO) – International students graduating in Britain would be able to work for one year, helping them gain valuable work experience, the …
Take Off
April 26, 2007 (LBO) – Sri Lanka's international airport has re-opened after several flights were diverted as a precautionary measure following reports …
Slave Records
LONDON, April 27, 2007 (AFP) - Britain said Friday it was putting colonial slavery records online for the first time, an archive which will eventually cover …
Dollar Deal
April 27, 2007 (LBO) – State-owned Bank of Ceylon's syndicated dollar loan has been able to raise more money than originally envisaged. (US Dollar = 110 …
Small Credit
April 27, 2007 (LBO) – The International Finance Corporation (IFC) has joined hands with six Sri Lankan private banks to educate small and medium …
Digital TV
April 26, 2007 (LBO) – Sri Lanka Telecom has received government approval to start an internet based television service, the company said Thursday. Sri …
Oil Chase
April 26, 2007 (LBO) – India is eyeing two oil exploration blocks in Sri Lanka with two state oil firms engaging in open bidding as well as taking a …
Micro Finance
April 26, 2007 (LBO) – Islamic Financier Amana Investments Limited has introduced a new microfinance scheme for micro-entrepreneurs who cannot afford …
Teaching Lessons
April 25, 2007 (LBO) – Two successful family owned businesses, Hemas Holdings Limited and Ceylon Biscuits Limited (CBL), have become case studies for …
Flying Engineers
April 25, 2007 (LBO) – SriLankan Airlines engineering unit that does third party aircraft maintenance is aiming for European standard certification that …
Port Funds
April 25, 2007 (LBO) –The Asian Development Bank (ADB) Wednesday inked a deal with the Sri Lanka government to lend 300 million dollars to expand Colombo …
Comfort Rating
April 25, 2007 (LBO) – Fitch Ratings has affirmed Merchant Credit of Sri Lanka's investment grade BBB (lka) rating but said the finance companies …
Port Consolidation
April 24, 2007 (LBO) – Maersk, the world’s largest container shipping line, is to buy a bigger stake in South Asia Gateway Terminals (SAGT), …
Real Issue
April 24, 2007 (LBO) – High negative real rates paid to savers have seen deposit growth at Sri Lanka's National Savings Bank plunge to a record low in …
Quick Copies
April 23, 2007 (LBO) – A Sri Lankan government secretariat has drastically cut delays from days to minutes in issuing important documents like birth, …
New Formula
April 23, 2007 (LBO) – Sri Lanka's largest petroleum retailer the state-owned Ceylon Petroleum Corporation (CPC) may return to monthly price adjustments …