Feed Line
February 09 (LBO) – A ship carrying essential foodstuff from India is due to reach the Jaffna peninsular next week, an official said. The first ship had …
Industry
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Political Storm
February 9 (LBO) - Three ministers in President Mahinda Rajapakse's government has been removed from their posts, officials and state television said. online …
Pension Hit
February, 9 (LBO) – A one-off pension charge hit Commercial Bank of Ceylon's earnings in the last quarter, dragging down annual profits despite capital …
Hello Hello
February 09 (LBO) – Sri Lanka Telecom's profits surged in the last quarter by 160 percent driven by strong revenue growth taking annual profits up by 76 …
Jumbo Records
February 8, 2007 (LBO) – Guinness World Records could start a new record category on jumbo sized cabinets of ministers if a formal request is made, a …
Broader Access
Feb 08, 2007 (LBO) – Sri Lanka's largest mobile operator, Dialog Telekom which helped make mobile phones a ubiquitous device in the country, says it …
Not Funny
February, 08 (LBO) – A decision by the Ceylon Petroleum Corporation to tender its liquid petroleum gas output in the open market will re-create an …
Tech Assisted
Feb 07 (LBO) – Sri Lanka is to get help from global Information Technology company Microsoft, to revamp local IT literacy skills, currently ranked lower …
Oil Deposit
February 07, 2007 (LBO) -- Sri Lanka has asked governments of India and China to make a 100 million dollar deposit each, for securing a block to explore oil …
Post Men
Feb 06, 2007 (LBO) – Sri Lanka is boosting is postal service with thousands of new postmen, the country's outgoing posts minister said. Former posts and …
Option Collar
February 6 (LBO) - The Ceylon Petroleum Corporation will hedge up to a quarter of its diesel imports using options, with the first contract to be signed in a …
Gas Change
February 06, (LBO) – Ceylon Petroleum Corporation would call open tenders to sell the liquid petroleum gas produced at its refinery, Petroleum Minister A …
Wrong Country
GENEVA, Feb 6, 2007 (AFP) - A group of Sri Lankans who paid for jobs in the Gulf were locked into a building site in Iraq for two weeks before they realised …
Small Change
February 02 (LBO) – Sri Lanka's banks have reported much smaller volumes than previously expected, though state banks are yet to complete their reports, …
Musical Chairs
February 02 (LBO) - Sri Lanka's 54-member jumbo cabinet is causing logistical headaches for parliamentary staff, with senior members who crossed over from the …
Thin Margin
January 31 (LBO) – Sri Lanka's state petroleum utility expects to just break even or make a marginal profit in 2006, after a government price supplement …
Free Push
Jan 31, 2007 (LBO) – HSBC in Sri Lanka is hoping to rope in more customers to its phone banking service by offering toll-free services in three languages …
Difficult Road
Jan 31, 2007 (LBO) – Sri Lankan car dealers have predicted tough sales after being slapped with as many as three new taxes last year that has taken the …
New Bird
Jan 31, 2007 (LBO) – A new airline has been approved to start domestic operations, using 19-seater aircraft, officials said. Daya Aviation is a division …
Not so fast
January 30 (LBO) - The central bank is planning to introduce new prudential regulations for credit cards, following their rapid use and growth in lending, an …