Aviation Debut
Oct 31, 2006 (LBO) – Sri Lanka plans to throw open the aviation corridor along the southern and eastern coast of the island for commercial traffic from …
Industry
Still Grounded
Oct 30, 2006 (LBO) – Sri Lanka’s first budget airlines to fly international routes are struggling to get off ground, with approvals pending from …
Peeping Toms
SYDNEY, Oct 30, 2006 (AFP) - New high-tech advances were making Internet crimes against children easier for paedophiles to commit and more difficult to detect, …
Ponzi Track
Oct 29 (LBO) - Police have sought advice from the Attorney General on how to proceed in getting international help to track down two Indian nationals who ran a …
Quiet Entry
October 27, 2006 (LBO) – Amana Takaful Ltd., a specialized Islamic insurance company, plans to list 12.5 million shares on the Colombo Stock Exchange by …
Firm Hand
Oct 28 (LBO) – Rating agency Fitch Lanka affirmed DFCC Vardhana Bank’s AA-(lka) national long term rating on Friday, on the strength of parent …
Non-Negotiable
Oct 26, 2006 (LBO) – Sri Lanka™s trade ministry has shot down efforts by local businessmen to get desiccated coconut off India™s protected list, to …
Stellar Performance
July 27, 2006 (LBO) – Dialog Telekom, Sri Lanka’s largest cellular phone operator, Thursday posted a 47 percent rise in net profits for the nine …
Affordable Rides
October 25, 2006 (LBO) – Sri Lanka Wednesday cut retail fuel prices, to ease living costs and inflationary pressures, though the treasury still owes the …
BPO Ponzi
October 25, 2006 (LBO) - A Ponzi-style fraud that was masquerading as an internet based outsourcing company, shut up shop Wednesday, leaving thousands of Sri …
Bigger Say
October 25, 2006 (LBO) – Sri Lanka’s conglomerate John Keells Holdings Ltd Wednesday said it has raised its ownership in port operator South Asia …
Major Update
SAN FRANCISCO, Oct 24, 2006 (AFP) - Mozilla on Tuesday released a new version of its Firefox web browser that has gained popularity as a free alternative to …
Jumbo Sizes
Oct 23, 2006 (LBO) – Sri Lanka is to expand and re-surface its runway to handle jumbo sized A380 airbus aircraft, capitalising on delays that have pushed …
Child™s Play
October 23, 2006 (LBO) – The Ceylinco Consolidated Group™s 3-billion rupee state-of-the-art women and children hospital is due to open in March 2008. …
Happy Texting
SINGAPORE, Oct 22, 2006 (AFP) - Text messaging remains the most dominant mode of mobile data communication, as high costs and cumbersome procedures keep …
Holidaymakers sanguine but hoteliers worry after attack in Southern Sri Lanka
GALLE, Sri Lanka, Oct 22(AFP) - Holidaymakers on the beaches around Sri Lanka's southern port of Galle seemed unconcerned about last week's Tamil Tiger suicide …
Best Deals
Oct 20, 2006 (LBO) – SriLankan Airlines says it will consider lowering fuel surcharges on tickets in January if oil prices continue to fall, while it …
Sri Lanka lowers tourist arrival targets, as Australia issues tough travel warning
Oct 20, 2006 (LBO) – Sri Lanka may still cross the half a million tourist arrival mark this year though falling short of targets, even as Australia …
Speedy transfers
October 19, 2006 (LBO) – Sri Lanka’s People’s Bank, has tied up with global money transfer giant Western Union, to enable their customers to …
GrameenPhone
DHAKA, Oct 19, 2006 (AFP) - Bangladesh's top mobile phone company, GrameenPhone, is mulling whether to list itself on the stock market, a report said Thursday. …