Digital Certification
December 21, 2006 (LBO) – Sri Lanka has started to digitize the issue of birth, marriage and death certificates, which has cut processing time to as …
Industry
Tough Action
December 21 (LBO) – Trade unions of telco giant Sri Lanka Telecom have threatened to go on strike together with other public sector unions, if a wage …
Internet TV
Dec 20, 2006 (LBO) – Capital Maharaja, a unit of the privately held media house the Maharaja Group, has tied up with Tokyo based media group, to …
Earnings Squeeze
December 20, 2006 (LBO) – Caltex Lubricants Lanka said Wednesday that earnings in 2007 will take a hit, after the government upped taxes on base oil, …
Sri Lanka’s tourist arrivals drop sharply by 22% in November
December 20, 2006 (LBO) – Sri Lanka's visitor arrivals in November slumped to 22.4 percent, the Tourist Board said Wednesday, prompting fears that the …
Green Business
December 19, 2006 (LBO) – Sri Lankan businesses are cashing in on a booming market for carbon finance, selling carbon credits at increasing prices to …
Oil Buddies
December 18, 2006 (LBO) – Sri Lanka is scouting for international experts to help the island hedge part of its hefty oil bill next year, Petroleum …
Setting Sail
Dec 18, 2006 (LBO) – Sri Lanka's President Mahinda Rajapakse Monday kicked off a million dollar project to expand the Colombo port, which will triple …
Lost Aid
COLOMBO, Dec 18, 2006 (AFP) - Corruption and ethnic violence is blocking a flood of foreign aid for Sri Lanka's tsunami survivors two years after the massive …
Hollow Warning
BANGKOK, Dec 18, 2006 (AFP) - Nearly two years after the tsunami, a regional warning system is beset by squabbling and inaction, officials and experts say, as …
Equal Chances
Dec 15, 2006 (LBO) – The Employers Federation of Sri Lanka are calling on more firms to employ disabled people, not just for equal opportunity, but …
Faulty Cable
December 15 (LBO) – Sri Lankan pay television service Comet Cable is facing a withdrawal of its broadcast rights, unless royalties owed to a joint …
More Aid
December 14 (LBO) – Sri Lanka and the Asian Development Bank tied up a loan deal worth 210 million dollars on Thursday, to upgrade national highways and …
Stable Rating
December 14 (LBO) – Rating agency Fitch gave pawn brokering business Edirisinghe Trust Investments a 'B+(lka)' long term rating, but said the company was …
China keeps position as Asian leader in outbound tourism
BEIJING, Dec 14, 2006 (AFP) - China has consolidated its position as the Asia leader in outbound tourism, with 28. online pharmacy buy diflucan with best …
Energy Link
December 14, 2006 (LBO) – India and Sri Lanka are due to ink a million dollar agreement as early as next year to set up a mega transmission power line …
Credit Forecast
December 13 (LBO) – Slow global economic growth, lower reserve build up and politics will be in the spotlight for sovereign credit assessments in …
Seasonal Cheer
Dec 13 (LBO) – Sri Lankan workers in Board of Investment approved companies within and outside industrial zones are to get a wage hike with effect from …
Soft Landing
December 12, 2006 (LBO) – Lanka Bell, one of Sri Lanka's privately held wireless telecom operators, has tied up with India's FLAG Telecom to lay an …
Ceylon Exposure
November 12, (LBO) - The Bank of Ceylon has given 43.7 percent of its loans to the government and state-owned enterprises, and its exposure to government would …