Early Lead
July 25, 2006 (LBO) – Chinese telecommunications firm Huawei Technologies is expecting around 30 percent gain in sales of third generation handsets …
Industry
Empty Tank
July 24 (LBO) – An ongoing strike by trade unions at Sri Lanka’s petroleum distribution facility could cripple supplies at fuel sheds, if it …
IFC to pilot online accommodation booking service for Sri Lanka
July 24 (LBO) – International Finance Corp is to pilot an online accommodation booking portal in Sri Lanka, so small and medium hotels can access global …
Txt Me
LONDON, July 24, 2006 (AFP) - Mobile phone text messages are changing the way people approach romantic relationships, according to a survey published Monday in …
Finance Rating
July 24 (LBO) – Lanka Ratings Agency (LRA) has given a BBB3 rating to the deposit-taking finance company LB Finance. LRA said it had a favourable view of …
Square One
GENEVA, July 24, 2006 (AFP) - Key negotiators have made no progress as they try to bridge persistent differences and end a deadlock in the World Trade …
Back Onboard
July 22, 2006 (LBO) – Sri Lanka's main port is limping back to work following government assurance to consider striking workers demand for a pay hike, an …
Lace Curtain
July 22, 2006 (LBO) – Sri Lanka is to form a national media policy to regulate content aired on local television channels, President Mahinda Rajapakse …
Drifting Away
July 21, 2006 (LBO) – Sri Lanka's main export industry is reeling due to the ongoing strike at the Colombo port, amid moves by feeder vessel operators to …
Better Terms
July 21, 2006 (LBO) – Sri Lanka may still keep its duty free benefits to Europe when an EU trade deal ends in 2008, with the scheme to be extended for a …
New Proposals
July 21 (LBO) – The government is planning to amend a controversial levy on imported television programs and commercials, with concessions for English …
Going Up
LONDON, July 21, 2006 (AFP) - Oil prices firmed on Friday but remained below recent record peaks as traders paused for breath after a week of volatile trading, …
Mental Block
July 20, 2006 (LBO) – Trade union action at Sri Lanka’s main harbour entered its 10th day Thursday, despite a court ruling to restrain striking …
Stolen Loot
July 20 (LBO) – The British High Commission Thursday warned Sri Lankans of being duped by lottery scams, especially if asked for money or personal bank …
Completely Clueless
July 20, 2006 (LBO) – Sri Lanka's media minister Thursday indicated that his ministry has not been consulted before a controversial tax on television …
Desperate Measures
July 20, 2006 (LBO) – Top multinationals like Unilever have pulled out imported advertising on local television stations, after all foreign commercials …
Countdown
July 20, 2006 (LBO) – Sri Lanka™s treasury secretary is to give a ruling on Friday over the controversial tax slapped on television stations airing …
Long Call
July 19, 2006 (LBO) – Sri Lanka's telecom watchdog Wednesday issued notice against two internet service providers for violating license conditions. The …
Phase Out
July 19, 2006 (LBO) – Sri Lanka’s state run transport authority will give private bus owners a financial handout to encourage them to replace run …
Let’s Talk
July 19, 2006 (LBO) – Sri Lanka's ports minister Mangala Samaraweera said he was willing to negotiate with striking trade unions if they get back to work …