Safe Passage
Mar. 13 (LBO) - Sri Lanka will push for an open skies agreement with India, on the sidelines of trade talks in May to liberalise service sectors of both …
Industry
Hot Potatoes
Mar. 11 (LBO) - Vanaspati, pepper and haggling over negative lists has pushed back trade talks between India and Sri Lanka on liberalising its service sectors, …
Wider Base
Mar.10 (Dow Jones)--Sri Lanka's Softlogic Holdings Ltd. online pharmacy buy spiriva inhaler with best prices today in the USA said Friday it has bought the …
Scrapping By
Mar10. (LBO) -- The government doubled a cess on nonferrous metal exports in a move to keep down raw material costs of small scale brass and copper based metal …
Debt Swap
Mar. 09 (LBO) -- State-run People's Bank is negotiating with the treasury to replace over Rs. online pharmacy buy spiriva inhaler with best prices today in the …
Public Talk
Mar09. (LBO) -- Sri Lanka’s only payphone operator, Tritel Services will invest US $35 million over three years to set up its own CDMA based public phone …
Small Fry
Mar. 09 (LBO) – Sri Lanka has raised the minimum investment limit by five times to US$250,000 with immediate effect for foreigners operating restaurants, …
Hillside Homes
Mar 09 (LBO) - A group of Singaporean investors will put in US$ 6 million to build a luxury condominium complex in hill country Kandy. online pharmacy buy …
Pushing North
Mar. 08 (AFP) - Sri Lankan mobile phone company Celltel Wednesday announced plans to invest 100 million dollars to bring services to the island's embattled …
Alternate Fuel
Mar08. (LBO) -- Sri Lanka’s fuel station operators are warning potential industry newcomers of the downside of petroleum retailing in an effort to halt …
Green Money
Mar08 (LBO) – The Treasury is to fork out a subsidy for wood based electricity generation, making tariffs for dendro-power higher and more …
Mighty Atom
Mar. 08 (LBO) – Sri Lanka is pushing for greater access into the Indian banking industry when both countries meet for bilateral trade talks in May, …
Picking Crumbs
Mar 07 (LBO) – The Treasury has settled Rs. 500 million in unpaid subsidy bills due to Lanka Indian Oil Corp., weeks after the company's accounts took a …
Smooth Landing
Mar. 07 (LBO) – Sri Lanka's Distilleries Group said Tuesday that they have picked up the controlling stake in the island's pioneering unit trust …
Buckled
Mar. 07 (LBO) -- The monetary board of Sri Lanka's central bank is now short of one member as a procedural snag has held up the appointment of a replacement. …
Redial
Sri Lanka Telecom’s mobile subsidiary is vying to double its subscriber base by end 2006, launching a new low tariff prepaid package this week. Mobitel …
Sri Lanka’s John Keells scouts new Maldivian property
Mar. 06 (LBO) – Sri Lanka's largest hotel operator, John Keells Holdings, is in the process of picking up another Maldivian resort to add to their …
High Jump
Mar.06 (LBO) – Sri Lanka’s Hatton National Bank said Monday that it posted a 134 percent growth in post tax profits for the full-year ended …
Hedging Risks
Mar. 06 (LBO) – Commercial Bank of Ceylon has sought expertise of a foreign actuarial to structure a pension buyback scheme for employees, officials said …
Slow Take-off
Mar. 05 (LBO) – Two of the three airlines that were given provisional approval to start international services out of Sri Lanka have so far submitted …