News: business

05/25/2011 | Lanka Business Online
May 25, 2011 (LBO) - Sri Lanka's broadband use is lagging the region due to low penetration of personal computers and expensive mobile handsets, though the sector has now started to grow especially in the wireline segment, a sector study said.
03/10/2011 | Lanka Business Online
Mar 10, 2011 (LBO) - Sri Lanka's Hotel Developers, a listed firm which owns the building on which Colombo Hilton is operated said a land sub-leased from a private party had been taken over by the state.
03/05/2011 | Lanka Business Online
Mar 05, 2011 (LBO) - A Sri Lankan employment network is encouraging businesses to give jobs to over 15,000 youth in the former northern war zone who are seeking work and help improve ethnic relations in the country.
09/23/2010 | BBC
A business leader in Sri Lanka has called on the government to apologise for itself and on behalf of previous regimes for suffering during the war.
07/19/2010 | Lanka Business Online
July 19, 2010 (LBO ) - Thirteen firms that applied to start domestic air services in Sri Lanka after the end of a 30-year war are awaiting the final nod from the island's aviation ministry and the president's office, an official said.
06/07/2010 | The Economic Times
OLOMBO: Consolidating its hold over national carrier Sri Lankan Airlines, the Island government has bought back the entire 43.6 per cent stake it sold to Dubai's Emirates Airlines 10 years ago.
02/03/2010 | Reuters
COLOMBO, Feb 3 (Reuters) - Sri Lankan shares .CSE fell 0.31 percent on Wednesday from a record high, as concerns over continuous foreign selling led traders to book profits after a six-session rise. The All-Share Price Index .CSE of the Colombo Stock Exchange closed 11.33 points weaker at 3697.80 points. It hit a new all-time high of 3735.86 on Tuesday, .