Margin Growth
July 21, 2010 (LBO) - Sri Lanka's Seylan Bank group net profit shot up 66 percent to 312 million rupees in the June 2010 quarter from a year ago as interest …
Equity Fund
July 21, 2010 (LBO) - New York based Logan Rockefeller Global (LR Global) is planning to invest 20 million US dollars in Sri Lanka through a newly set up local …
Two Sri Lanka beaches make top grade: Forbes
July 21, 2010 (LBO) - A beach stretch from Tangalle Bay to Weligama in Sri Lanka's south and Bentota in the southwest have been named among the top 10 in Asia …
Sri Lanka’s five-star Murali makes India follow-on
GALLE, July 21, 2010 (AFP) - Spin wizard Muttiah Muralitharan grabbed five for 63 in his final match as Sri Lanka made India follow on in the first Test on …
Murali magic sets India back in rain-hit Test
GALLE, July 20, 2010 (AFP) - Retiring spin wizard Muttiah Muralitharan dismissed Sachin Tendulkar cheaply as Sri Lanka seized control of the rain-ravaged first …
Sri Lanka business wants action on loss-making state entities
July 21, 2010 (LBO) - The head of Sri Lanka's top business chamber has called for loss-making state entities which are a drain on public finances to be turned …
Sri Lankan stocks close up 1.82-pct
July 20, 2010 (LBO) - Sri Lankan stocks closed up passing the 4,800 point mark Tuesday with price gains across the board, while large deals on Dankotuwa …
Tele Spend
July 20, 2010 (LBO) - Sri Lanka's Etisalat unit said it was spending 163 million US dollars to expand its network into war ravaged north of the country and …
SriLankan Airlines expands fleet, plans new destinations
July 20, 2010 (LBO) - SriLankan Airlines has taken delivery of its latest A330-200 wide-bodied aircraft as part of the national carrier's expansion programme …
Sri Lanka shares end up 1.12-pct
July 19, 2010 (LBO) - Sri Lankan stocks closed up Monday, lifted by speculative buying mainly by retailers with brokers urging investors to be more careful and …
Sri Lanka to invite investment for marina
July 19, 2010 (LBO) - Sri Lanka is to call for tenders from investors to build a marina at a new tourist resort being developed on the island's north-western …
Sri Lanka hotel room rates to be upped 20-pct in winter: official
July 19, 2010 (LBO) - Sri Lanka's leisure operators will push up room rates by about 20 percent in the coming winter season, amid a post-war tourism boom that …
Tele Talk
MUMBAI, July 19, 2010 (AFP) - Shares in India's Reliance Communications rose nearly four percent Monday on a media report that Abu Dhabi's Etisalat was close …
Sri Lanka wide-eyed primate caught on camera for the first time
LONDON, July 19, 2010 (AFP) - A "cute" primate so rare it was thought to be extinct has been caught on camera in the forests of Sri Lanka for the first time, …
Oil prices fall in Asian trade
SINGAPORE, July 19, 2010 (AFP) - Oil prices dipped in Asian trade Monday as sentiment was dampened by weak US economic data that spurred concerns of slow …
Clinton announces major aid projects for Pakistan
ISLAMABAD, July 19, 2010 (AFP) - US Secretary of State Clinton on Monday announced a raft of major aid projects focused on water and energy for Pakistan. The …
Sri Lanka central bank independence hurt by law
July 19, 2010 (LBO) - A groundbreaking book by a former Sri Lankan central banker has shown how the institutions independence could be improved so that it can …
Floor Tussle
July 18, 2010 (LBO) - Sri Lanka's Bharti Airtel unit has taken floor prices imposed by the regulator to court complaining that it helps the market leader and …
Boeing’s Dreamliner completes first flight outside US
FARNBOROUGH, July 18, 2010 (AFP) - Boeing's 787 Dreamliner jet, whose delivery to clients faces fresh delays, landed here Sunday after its first flight outside …
Paranavitana, Sangakkara flay India in first Test
GALLE, July 18, 2010 (AFP) - Tharanga Paranavitana and skipper Kumar Sangakkara hit centuries as Sri Lanka dominated the rain-hit opening day of the first Test …