Port Matters
Sept 02, 2010 (LBO) - A Sri Lankan conglomerate, part of the consortium selected to build a new container terminal in Colombo port, warned against surcharges …
Island Deal
Sept 02, 2010 (LBO) - Sri Lanka's Acuity and Millennium Capital Management (MCM) Holdings of Maldives is partnering to provide investment banking services in …
Sri Lanka Renuka Holdings mulls hotels ventures
Sept 02, 2010 (LBO) - Sri Lanka's Renuka Holdings is considering developing property is owns in the north and east as tourist resorts and is in talks with …
Sri Lanka fishermen find peace leaves nets empty
TRINCOMALEE, September 2, 2010 (AFP) - Fishermen in the Sri Lankan port of Trincomalee hoped the end of the island's civil war would bring prosperity, but …
Deny Deny
RIYADH, September 1, 2010 (AFP) - Saudi government and private sector officials have questioned the account of a Sri Lankan maid who said her Saudi employers …
Long queues form at Afghan bank amid corruption claims
KABUL, September 2, 2010 (AFP) - An owner of Afghanistan's biggest bank, Kabul Bank, said Thursday it was not facing a run and was supplying branches with …
World Bank raises Pakistan aid to one billion dollars
WASHINGTON, September 2, 2010 (AFP) - The World Bank raised its emergency funding to Pakistan to one billion dollars on Wednesday to help the nation cope with …
Sri Lankan Airlines cuts losses
Sept 02, 2010 (LBO) - SriLankan Airlines, Sri Lanka's state-run national carrier said it lost 6. online pharmacy buy diflucan with best prices today in the USA …
Sri Lanka Janashakthi Insurance hit by flood claims
Sept 02, 2010 (LBO) - Sri Lanka's Janashakthi Insurance said net profit in the six months to June 2010 fell 45 percent to 145 million rupees from a year ago …
Sri Lanka LOLC cuts grid use with solar power
Sept 02, 2010 (LBO) - Sri Lanka's LOLC financial group commissioned a 48 kiloWatt solar power array that will supply 15 percent of energy needs at its head …
Sri Lanka foreign reserves surge to US$5.7bn: Central Bank
Sept 02, 2010 (LBO) - Sri Lanka's foreign reserve surged to 5,731 billion US dollars in June 2010 when counting domestically arranged currency swaps, the …
Sri Lanka Treasuries yields fall
Sept 01, 2010 (LBO) - Sri Lanka's one year Treasury bill yields fell 21 basis points Wednesday at an auction where the government rolled over 10 billion rupees …
Sri Lanka stocks close up 0.57-pct
Sept 01, 2010 (LBO) - Sri Lankan stocks closed slightly higher Wednesday with heavy trading in shares of a hotel that announced a rights issue, brokers said. …
Law Change
August 31, 2010 (AFP) - Sri Lanka's Supreme Court on Tuesday began assessing a draft bill that would amend the island's constitution to allow President Mahinda …
Delhi notes China’s Indian Ocean ‘interest’
NEW DELHI, August 31, 2010 (AFP) - India on Tuesday said China was demonstrating "more than normal interest" in the Indian Ocean as two Chinese warships made a …
Sri Lankans seen deprived of free trade benefits by protectionist lobby
Sept 01, 2010 (LBO) - Protectionist lobbies holding up a new free trade deal with India are putting Sri Lanka at risk of being left out of emerging regional …
Expanding Gas
Sept 01, 2010 (LBO) - Sri Lankan liquid petroleum gas (LPG) supplier Laugfs Gas is to expand with plans for regional storage facilities in the north and south, …
Sri Lanka trade deficit surges amid economic recovery
Sept 01, 2010 (LBO) - Sri Lanka's exports grew 13.7 percent to 3.6 billion US dollars in the first half of 2010, and imports expanded 42.1 percent amid an …
Euro, yen and emerging currencies gain forex share: BIS
GENEVA, September 1, 2010 (AFP) - The euro, Japanese yen and some emerging market currencies are gaining ground in the foreign exchange market while the dollar …
Sri Lankan stocks close up 1.02-pct
Aug 31, 2010 (LBO) - Sri Lankan stocks bounced back Tuesday, driven by interest in selected blue chip and midcap stocks, while heavy buying of Asia Capital and …