Sri Lanka seen slightly less corrupt
Oct 27, 2010 (LBO) - Sri Lanka has marginally improved its score in a global corruption index but governance is still so bad that it ranks among other …
Sri Lanka stocks close down 1.31-pct
Oct 26, 2010 (LBO) - Sri Lanka stocks closed down, dragged down by index heavy stocks like John Keells Holdings and Aitken Spence, brokers said. JKH closed at …
Asset Quality
Oct 26, 2010 (LBO) - Sri Lanka's Sampath Bank September 2010 net profit rose 47 percent to 789 million rupees from a year ago as it reversed provisioning for …
Implied Support
Oct 26, 2010 (LBO) - Sri Lanka's Seylan Bank was assigned a 'BBB+(lka)' National Long-term rating for its proposed senior unsecured redeemable debentures of up …
Bank Numbers
Oct 26, 2010 (LBO) - Sri Lanka's Pan Asia Bank net profit for the September 2010 quarter rose 87 percent to 129 million rupees from a year ago as interest …
Mercy Plea
October 26, 2010 (AFP) - Sri Lankan President Mahinda Rajapakse has appealed for the king of Saudi Arabia to spare the life of a Sri Lankan housemaid convicted …
Arbitration
Oct 26, 2010 (LBO) - Arbitration proceedings of disputed oil derivative contracts between Sri Lanka's state-run run Ceylon Petroleum Corporation (CPC) and …
Indian arms race offers prizes for presidential visits
NEW DELHI, October 26, 2010 (AFP) - Arms-hungry India is expected to hand out a raft of military deals worth billions of dollars during an upcoming rush of …
Sri Lanka lifts price controls on rice
Oct 26, 2010 (LBO) - Sri Lanka has lifted price controls on rice originally imposed to prevent a sharp price spike caused by low harvests and state controls …
Singapore, Australian bourses to form new trading powerhouse
SINGAPORE, October 25, 2010 (AFP) - The Singapore and Australian stock exchanges on Monday announced a multi-billion dollar merger that will create one of the …
Sri Lanka stocks close down 0.79-pct
Oct 25, 2010 (LBO) - Sri Lanka stocks closed down Monday, dragged down by index heavy stocks like John Keells Holdings (JKH) and Aitken Spence, brokers said. …
Sound Profile
Oct 25, 2010 (LBO) - Fitch Ratings Lanka has confirmed the national long-term rating of Sri Lanka's Hatton National Bank (HNB) at 'AA-(lka)' and its …
Sri Lanka Aitken Spence proposes city hotel on state land: minister
Oct 25, 2010 (LBO) - Sri Lanka's listed Aitken Spence group has proposed to build a luxury city hotel on excess land owned by a state-run firm in the island's …
Sri Lanka state backing for Shangi-La hotel project: report
Oct 25, 2010 (LBO) - Land in a military sports ground in Sri Lanka's capital Colombo would be given to Hong Kong-based Shangri-La group to build a 75 million …
Sri Lanka gets 20 bids for vessel monitoring system
Oct 25, 2010 (LBO) - Sri Lanka has received 20 bids from vendors in nine countries for a satellite-based vessel monitoring system tender which will be awarded …
Sri Lanka Sept tea output falls slightly
Oct 25, 2010 (LBO) - Sri Lanka's tea production fell slightly in September 2010 compared with a year ago although output for the nine months were much higher …
Sri Lanka coal plant test on schedule despite fire: minister
Oct 25, 2010 LBO) - A planned testing of Sri lanka's first coal-fired power plant will go ahead as scheduled on November 17, despite a fire which broke out …
Sri Lanka take away boxer’s gold
October 25, 2010 (AFP) - Sri Lankan sports chiefs on Monday confiscated the gold medal won by boxer Manju Wanniarachchi at this month's Commonwealth Games and …
Siddle, Haddin back for Australia’s T20 with Sri Lanka
SYDNEY, October 25, 2010 (AFP) - Paceman Peter Siddle and wicketkeeper Brad Haddin have returned to Australia's squad for next weekend's Twenty20 match with …
Golden Key
Oct 24, 2010 (LBO) - Sri Lanka will file criminal charges against directors of Golden Key Credit Card Company, an unregulated firm promising high interest …