Bursting Point
February 16, 2007 (LBO) -- SriLankan Airlines says it is running out of cargo space at Colombo's international airport, while a newly-built facility lies empty …
Industry
Trendy Oldies
BARCELONA, Spain, Feb 16, 2007 (AFP) - It could be the answer to grandma's prayers: a mobile phone designed specifically for the over-65s that aims to take the …
Cutting Duds
February 15 (LBO) – Sri Lanka financial authorities are clamping down on cheque returns with the help of a newly commissioned digital clearing system, …
Pension Penetration
February 15 (LBO) - Life Insurance Corporation Lanka is breaking into the untapped pension market in the country offering a long-term product that pays an …
IT Aid
Feb 15, 2007 (LBO) – Sri Lanka’s software developers will get cash incentives to develop software that can make small enterprises more efficient, …
Calling Asia
BARCELONA, Spain, Feb 15, 2007 (AFP) - With mobile phone markets nearly saturated in the developed world, network operators and handset manufacturers are …
Renewed Deal
February, 15 (LBO) – Sri Lanka is to shortly unveil a new tiered tariff framework for renewable energy suppliers giving existing mini-hydros windfall …
Mango Friends
February 14 (LBO) – Former tourism Anura Bandaranaike may come back to the government with the aviation portfolio, a senior government minister said. …
Hydro Cash
February 14 (LBO) – Sri Lanka's national power utility has raised the tariff for existing mini-hydro plants by about 19 percent during the crucial wet …
Easy Customs
Feb 14 (LBO) – Traders and businessmen could easily navigate through Sri Lanka's plethora of taxes and customs regulations, through a single searchable …
Hedge Start
Feb 14, 2007 (LBO) - Sri Lanka has stepped into the murky world of futures and options by hedging part of its future oil payments for March, Ceylon Petroleum …
Spam Slam
SINGAPORE, Feb 13, 2007 (AFP) - Email spammers will face new controls on their unsolicited advertising under proposed legislation introduced by Singapore. The …
Price Tactics
February, 13 (LBO) – Ceylon Petroleum Corporation will hold fuel prices steady this month with the help of a tax cut on petrol, a top official said. The …
Oil Pinch
February, 13 (LBO) - Lanka IOC, a unit of the Indian Oil Corporation, is poised to grab more market share from the country's dominant state-owned petroleum …
GSM Olympics
BARCELONA, Spain, Feb 12, 2007 (AFP) - Leaders in the mobile phone industry gathered in Barcelona on Monday promising faster connections, more fun and cheaper …
Safe Deal
February 12 (LBO) – Sri Lanka wants an investment protection agreement with the Maldive Islands, visiting Sri Lanka Mahinda Rajapakse said, while calling …
Safety Revenue
February 12 (LBO) – The life business of Janashakthi Insurance grew by 26 percent in the year to December with branch expansion driving new business, …
Alien Invasion
Feb 12, 2007 (LBO) – In the deep south of Sri Lanka, native vegetation at a fragile wetland nature reserve is being chocked-out by an implacable foreign …
Steady Business
Feb 12 (LBO) – Rating agency Fitch Lanka affirmed Central Finance Company’s A+(lka)’ long-term rating on the strength of its vehicle …
Microsoft Mobile
HONG KONG, Feb 12, 2007 (AFP) - Microsoft announced Monday its new version of its Windows operating systems for mobile devices and said it won new Asian …