IOC, Ceylon Petroleum set to form JV
Indian Oil Corporation (IOC) and Ceylon Petroleum Corporation (CPC) are set to form a joint venture (JV) for taking up ...
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Abans to build largest mall in Lanka
A Sri Lankan company is planning to build the largest mall in the post-war country, in an effort to cash ...
Dialog delivers net profit of Rs 1.59bn in first quarter
Dialog Axiata PLC announced, Thursday 9th May 2013, its consolidated financial results for the three months ended 31st March 2013. ...
Need to remove bilateral trade barriers, Sri Lanka tells India
India-Sri Lankan bilateral trade has potential to more than double to $ 10 billion by 2016 if tariff and non ...
IOC draws big plans for Sri Lanka
Despite Sri Lanka announcing that it would partially take back unused World War II time strategic oil storage depot in ...
Dialog gets nod to issue $388 mln Islamic bonds
Dialog Axiata, the Sri Lankan unit of Asian mobile services group Axiata Group Bhd, has won approval to sell up ...
Dialog Axiata wins 4G spectrum for $25 mln
Sri Lanka’s top mobile phone operator Dialog Axiata will roll out the country’s first mobile 4G LTE network, sealing the ...
Malaysia Airlines increases Colombo-Kuala Lumpur service
Malaysia Airlines, the national carrier of Malaysia, providing daily direct connections between Colombo and the Malaysian capital of Kuala Lumpur, ...
Fly to Mattala from BIA for just Rs 2,999
SriLankan Airlines, the national carrier of Sri Lanka, is introducing new offers to Mattala, providing a great opportunity to all ...
Samsung introduces Galaxy S 4
Samsung Electronics is the world leader in smartphone sales, besting Apple in many countries. Now Samsung of South Korea is ...
Axiata eyes Airtel’s Lanka business
Axiata, the Malaysia-based telecom operator has approached Bharti Airtel to acquire the Indian operator’s business in Sri Lanka, according to ...
Australia’s third-richest person to invest in Sri Lanka
Australia’s third-richest person and gambling tycoon James Packer may be lining up a bet on Sri Lanka, scouting the Indian Ocean ...
Loss-making Sri Lankan Airlines aims to break even in 2015/16
Loss-making Sri Lankan Airlines hopes a five-year plan to fly to more profitable destinations and invest in a more fuel-efficient ...
IMF rejects conditions, government suspends deal
The government has decided not to pursue a new funding program with the International Monetary Fund (IMF) after the IMF ...
WSO2 attracts $10 Million in funding
WSO2, the lean enterprise middleware company, today announced that it has closed a $10 million funding round led by Toba ...
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