Country Focus
April 16, 2007 (LBO) – Sri Lanka tourism, tea, food, export products and culture would be on show in Los Angeles next month, the country's consulate …
Industry
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Pricey Burn
April 16, 2007 (LBO) – A litre of diesel may be raised by five rupees tomorrow in the face of rising global oil prices, Ceylon Petroleum Corporation …
Capital Call
April 15, 2007 (LBO) – Seylan Bank, whose rating outlook was downgraded to negative by Fitch may need a fresh equity addition to boost solvency, the …
Powerless
April 15, 2007 (LBO) – Sri Lanka lost electricity power Sunday as the entire national electricity grid failed shortly before 3.00 pm local time, …
Sri Lanka chases tea lovers, golfers to rebuild tourist image
April 12, 2007 (LBO) – Sri Lanka’s tourism promoters are trying to focus on niche markets, luring golfers and tea drinkers to visit the island …
Road Bid
April 12, 2007 (LBO) – MTD Construction Sdn Bhd, a Malaysian construction firm that bought a Sri Lankan listed company last week, is eyeing a big highway …
Crash Cash
April 11, 2007 (LBO) - A Sri Lankan brewer whose truck was involved in a fatal bus-truck crash on Tuesday, is offering cash to accident victims, an official …
Clock Speed
April 10, 2007 (LBO) – Panora Corporation, a Sri Lankan computer firm, opened a 1.2 billion rupee manufacturing plant in Colombo to boost production of …
Sri Lanka leg of SAARC car rally winds its way through scenic beaches and cool hills
April 10, 2007 (LBO) – The Sri Lanka leg of the SAARC car rally was flagged off on Tuesday morning from Colombo where the rally would take a coastal road …
Dangerous Roads
INDURUWA, Sri Lanka, April 10, 2007 (AFP) - At least 22 people were killed and 57 others injured Tuesday when a crowded bus and a truck loaded with beer …
Sales Push
April 09, 2007 (LBO) – Open source middleware company, WSO2 founded by a Sri Lankan, is ratcheting up its marketing efforts in the United States and …
Power Drive
April 09, 2007 - Sri Lanka Monday officially kicked off work on building a Japanese funded hydro power project in the island's central hills, which will add …
Tsunami ˜Sahana’
April 09, 2007 (LBO) – Two Sri Lankan software and mobile phone technology developments meant to give warning and help relief efforts during disasters …
Hedge Win
April 09, 2007 (LBO) – Sri Lanka's petroleum utility will get a 33 million rupee payment this week on the expiry of its first hedging contract for …
Port Builders
April 09, 2007 (LBO) – The Sri Lanka Ports Authority (SLPA) is having a pre-bid meeting Tuesday with private investors keen on building container …
Telecom Gains
April 08, (LBO) - Telecom operators who rolled out rural networks in the last three years will get a five billion rupee refund of levies collected from every …
Fresh Funds
April 08, 2007 (LBO) – Massachusetts-based Virtusa Corp., an information-technology services firm with operations in Sri Lanka, is seeking 92 million …
Scenting Oil
April 6 (LBO) – The top official in charge of Sri Lanka’s search for oil has told the corporate sector to be ready to provide the support service …
Talk Only
NEW DELHI, April 5, 2007 (AFP) - Conflict-ridden South Asian nations made little headway in fighting terrorism or boosting trade at a summit this week despite …
Second Landing
April 4, 2007 (AFP) - Hong Kong's Cathay Pacific Airways Wednesday said it will resume flights to Sri Lanka after suspending services following a rebel attack …