Category Archives: Business and Development

Sri Lanka Telecom Mobitel, the national mobile service provider, having launched the first Super-3.5G HSPA network in South Asia in December 2007, announced today it has successfully tested HSPA+ which is capable of delivering downlink speeds of up to 28 … Continue reading →

Severe drought hit Sri Lanka’s tea production earlier this year, and, consequently, shipments of tea fell sharply in April compared with a year ago, brokers said. Tea exports fell 44 percent to 14.5 million kilos in April 2009 from 26.1 … Continue reading →

Gaining confidence with increasing momentum, Sri Lanka sets about reinventing its economy round Business Process Outsourcing, (BPO) an industry revolves round the internet. As a prelude, top Indian BPO companies have already made their presence in Sri Lanka. For a … Continue reading →

Colombo Stock Market was closed yesterday resulting a downward characteristic in both indices with All Share Price Index and Milanka Price Index down by 44.13 points and 87.73 respectively, Securities and Exchange Commission of Sri Lanka announced. Day’s Turnover was … Continue reading →