VAT Fraud
April 04, 2007 (LBO) – Sri Lankan police have completed investigations into the multi-billion rupee value-added tax refund fraud and are ready to …
Industry
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Trade Trigger
April 4, 2007 (LBO) – A proposed free-trade deal between Nepal and Sri Lanka could boost trade but analysts say there is more potential for service …
Contact Us
March 30, 2007 (LBO) – Sri Lanka added 16 more government department websites on the internet Thursday to make it easier for the public to get …
No More
March 20, 2007 (LBO) –John Keells Holdings has sold its restaurant business in Sri Lanka to a regional franchise holder for an undisclosed sum, the …
Hemas Hydro
March 30, 2007 (LBO) – A 2.2 MegaWatt mini-hydro plant built by the power division of Hemas Holding would be connected to the national grid in June, an …
Supply Chain
March 30, 2007 (LBO) –Supermarket chain Marks & Spencer began shipping clothing made in their factories in the Indian sub-continent through the Global …
Shortcut
March 30, 2007 (LBO) –The Japanese will give 30-year loan to Sri Lanka to build a link highway that will connect the Colombo-Matara to the …
Sri Lanka’s MJF group gets ready to push the leisure button
March 30, 2007 (LBO) - The Ceylon tea specialists Merril J Fernando (MJF) group is laying the foundation to enter the leisure sector despite the current …
Quick Turnaround
March 29 (LBO) – SriLankan airlines says its emergency procedures allowed it and Sri Lanka's main international airport to swing back into action within …
Italian Flavour
March 29, 2007 (LBO) – Competition in Sri Lanka’s automobile market is increasing with the launch of a range of small Fiat cars well suited for …
Speedy Trades
March 28, 2007 (LBO) – The latest version of its securities trading system can execute more trades ten times faster than the previous one, software maker …
Development Equity
March 27, 2007 (LBO) – The Asian Development Bank (ADB), which is funding the breakwater and dredging of Colombo port's expansion project, may take an …
Sri Lanka’s top apparel exporter slot filled by Brandix
March 28, 2007 (LBO) – The Brandix group has been named the top apparel exporter by Sri Lanka's export promotion agency, the company said Wednesday. It …
Fuel Mix
March 28, 2007 (LBO) – Sri Lankan Airlines said Wednesday it will incorporate the fuel surcharge into air fares from April 01, effectively raising ticket …
Carbon Lag
March 27, 2007 (LBO) – Sri Lanka is still far behind neighbouring countries in carbon trading which has the potential to earn much foreign exchange, …
Morning After
March 26, 2007 (AFP) - Tamil Tiger rebels carried out their first ever air raid Monday, attacking a military base on a daring night-time mission that forced …
Hongkong Move
March 26, 2007 (AFP) - Hong Kong's Cathay Pacific Airlines on Monday announced the immediate suspension of flights to Sri Lanka following a rebel air raid on a …
Taking Off
March 26, 2007 (LBO) – Sri Lankan Airlines will start operating flights delayed due to the temporary closure of the international airport following a …
Indian Resolve
March 26, 2007 (LBO) – Indian budget carrier Air India Express (AIE), which started operations to Sri Lanka Sunday, will continue its Colombo-Chennai …
Sri Lanka tourist industry puts on brave face after airbase attack
March 26, 2007 (LBO) - Sri Lanka’s tourism industry has been dealt a further blow by the daring Tamil Tiger rebel air strike on the Katunayake air force …