Flying Low
TOKYO, May 10, 2006 (AFP) - Japan Airlines Corp, Asia's largest carrier, said Wednesday high fuel costs and a series of safety lapses pushed it deep into loss …
Industry
Hard Times
May 10 (LBO) - Domestic airlines say soaring fuel costs may force a hike in ticket fares, but any increase may also scare away dwindling numbers of travellers …
Face Lift
May 10 06 (LBO) - The government planning to re-surface the runway of the main international airport of the country, an official said. Director General of the …
Study Group
May 9, 2006 (LBO) – Sri Lanka inked a letter of intent with India's NEB Infrastructure (Pvt) Ltd to carry out a feasibility study to build a rail-road …
High Fives!
May 9, 2006 (LBO) – Sri Lanka's Dialog Telekom's net profits soared 39 percent to 2.39 billion rupees for the three months to March this year, boosted by …
Safe-Keeping
May 08 (LBO) - Investors in government securities are being asked to register online with the Central Bank for regular, updated information on their …
New Deal
May 08 (LBO) – The Power Ministry said Monday that it would pump in funds to upgrade 100 state held fuel sheds, left over from privatising Sri Lanka's …
Cancer Aid
May 08 (LBO) - Ceylinco Healthcare Services is to set up Sri Lanka's first private cancer treatment facility by May next year, to treat even advanced cases of …
Tech Boom
May 08 (LBO) - Kobian Technologies tied up with Intel on Monday to launch a new tech platform that offers a leap in performance and graphics for mobile …
Sri Lanka to begin work on Colombo-Katunayake highway in May
May 11 (LBO) - Sri Lanka is to begin work on the Colombo-Katunayake toll road this month tying up a construction deal with China Metallurgical Construction …
China Parley
More than 50 senior executives of Chinese firms are participating in a business forum in Colombo, as commercial ties between the two countries continue to …
Commercial Gain
Foreign exchange profits and book gains in investments has boosted profits of Commercial Bank in the first quarter of 2005. online pharmacy …
John Keells eyes new hotel properties in Maldives, bookings down in Trinco
May 05 (LBO) - John Keells Holdings eyes the Maldives for hotel expansion as city hotels see a slight drop in bookings and its resort on the East coast suffers …
Forward Bookings
May 4 (Dow Jones)--Sri Lanka's Colombo Dockyard Ltd. online pharmacy buy ciprodex with best prices today in the USA expects net profit to more than triple this …
Limit Less
May 4 (LBO) – Sri Lanka's state-owned railway is trying to find money to make urgent repairs to dilapidated tracks, which is forcing trains to run slow. …
Text Box
May 4 (LBO) – Sri Lanka plans to test the limits of smart digital mesh boxes to connect 30 rural homes onto the World Wide Web, officials said. Costing …
Going Upstream
May 2 (LBO) – Sri Lanka is setting up an upstream oil company as the country gets ready to auction several off-shore oil exploration blocks, Petroleum …
Checking Numbers
May 3 (LBO) – A Chinese construction firm selected to design and build the Colombo-Katunayake expressway submitted their financial proposal last week …
Flying Easy
May 3 (LBO) -- A new ticketing system for Sri Lanka that cuts the paper trail between airlines and travel agents took off Wednesday, with Emirates issuing the …
Trade Glitch
May 02 (LBO) - A tariff cut of up to 70 percent on imports from India under the Indo-Lanka Free Trade Agreement has been pushed back due to legislative delays. …