New Proposals
July 21 (LBO) – The government is planning to amend a controversial levy on imported television programs and commercials, with concessions for English …
Industry
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, …
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 …
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 …
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 …
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 …
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 …
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 …
Long Call
July 19, 2006 (LBO) – Sri Lanka's telecom watchdog Wednesday issued notice against two internet service providers for violating license conditions. The …
Bitter Prescription
July 18, 2006 (LBO) – Sri Lanka is taking a hard look on how to manage subsidising fuel prices amidst a worsening Middle East crisis that is threatening …
Govt agrees to rationalise lubricant tariffs
July 17 (LBO) – The government has agreed to amend lubricant tariffs, narrowing the gap between lube imports and raw materials like base oil, to spur …
New Blend
July 17 (LBO) – The government has agreed to amend lubricant tariffs, narrowing the gap between lube imports and raw materials like base oil, to spur …
Slow Down
VIENNA, July 17, 2006 (AFP) - Developments in the oil industry should help cool crude prices in 2007 but the market will remain vulnerable to geopolitical …
Priority Road
July 17 (LBO) - A research study has indicated that the construction of the Colombo Outer Circle Road should have the highest priority, a logistics expert …
Bigger Mix
July 16, 2006 (LBO) – Sri Lanka Sunday invited new lubricant players to invest in the country, following interest from a few foreign companies. The …
Empty Space
July 16, 2006 (LBO) – Sri Lanka™s private television stations said Sunday that they will be forced to stop broadcasting Hollywood blockbusters and …
Tourist arrivals dip in June as industry battles off-season, politics
July 14, 2006 (LBO) – Tourist arrivals to Sri Lanka slipped slightly in June as arrivals from some key markets in Europe, including the United Kingdom, …
Now Showing
July 14, 2006 (LBO) – The local cinema industry is trying to get a 15 percent Value Added Tax (VAT) on theatre tickets lifted from August, top officials …