Sri Lanka gets Chinese funds to build international airport
Dec 25, 2009 (LBO) - Sri Lanka has signed up 410 million US dollars of funding from China including money to build an international airport in the south of the …
Sri Lanka stocks edge higher
Dec 24, 2009 (LBO) - Sri Lankan shares closed slightly firmer Thursday ahead of the Christmas break, brokers said. Dankotuwa Porcelain, a tableware exporter …
Steady Outlook
Dec 24, 2009 (LBO) – Pan Asia Bank had its long term national rating of BBB-(lka), which carries a stable outlook, confirmed by Fitch Ratings Lanka. …
Sri Lanka tea earnings seen holding up despite lower crop
Dec 24, 2009 (LBO) - Sri Lanka's tea production this year will be lower than in 2008 because of drought and a strike but earnings should match last year's as …
Sri Lankan Airlines launches second service to Italy
Dec 24, 2009 (LBO) – SriLankan Airlines has twice weekly to the second Italian city from Colombo, which is expected to boost tourist traffic between the …
Sri Lanka Distilleries group insurance unit approved by regulator
Dec 24, 2009 (LBO) - Distilleries group said in a stock exchange filing the Insurance Board of Sri Lanka had approved its application to set up an insurance …
Sri Lanka opposition state salary hike promise a big burden on people: minister
Dec 24, 2009 (LBO) - A steep state worker salary hike promised by opposition presidential candidate Sarath Fonseka would require 132 billion rupees to be …
Sri Lanka foreign reserves steady at US$5.2bn by Dec 18
Dec 23, 2009 (LBO) - Sri Lanka's foreign reserves were steady at 5. online pharmacy buy spiriva inhaler with best prices today in the USA 2 billion US dollars …
Sri Lankan shares fall on profit taking
Dec 23, 2009 (LBO) - Sri Lankan stocks closed down Wednesday as investors took profits ahead of the festive season, while high interest on conglomerate John …
Fleet Growth
Dec 23, 2009 (LBO) - Sri Lanka's Mercantile Shipping Company said it has taken delivery of the second of a pair of new cargo ships it ordered built by a Dutch …
Sri Lanka could see tea prices easing next year
Dec 23, 2009 (LBO) - Tea export countries like Sri Lanka could see prices easing next year as better weather improves crops and reduces the global shortfall …
Sri Lanka farmers get mobile phone trade service
Dec 23, 2009 (LBO) – Sri Lanka's top celco Dialog Telekom is offering a trading platform based on short message services (SMS) that can help farmers to …
Money Wave
RATHGAMA, December 23, 2009 (AFP) - Billions of dollars were pledged after the 2004 Asian tsunami to help people like Pradeepa Niroshani who waited in vain for …
India tightens tourist visa rules: official
NEW DELHI, December 23, 2009 (AFP) - India has tightened its rules for long-term tourist visas, officials said Wednesday, in a move that is causing confusion …
Sri Lanka threatens legal action over war crimes claim
December 23, 2009 (AFP) - Sri Lanka threatened on Wednesday to take legal action against its former military chief over his claims that troops had committed …
Sri Lankan hydro power producer rated ‘BBB+’
Dec 22, 2009 (LBO) – Private power producer Vidullanka PLC has been given a short term financial rating of P2 and a long term rating of BBB+, by agency …
Sri Lanka in talks with ADB on emergency loan
Dec 23, 2009 (LBO) - Sri Lanka is seeking a 150 million dollar emergency assistance loan from the Asian Development Bank that could help start urgent projects, …
Sri Lanka Treasuries yields, CB T-bill stock up
Dec 22, 2009 (LBO) - Sri Lanka's Treasuries yields edged up marginally at Tuesday's auction the government's debt office said, while the Treasury bill stock …
Sri Lanka stocks hit new high, up 1.44-pct
Dec 22, 2009 (LBO) - Sri Lankan shares closed up Tuesday as investors continued buying into the market to cash in on an anticipated market re-rating following …
Port Prospects
Dec 22, 2009 (LBO) - A new port next to Colombo the Asian Development Bank is helping Sri Lanka to build should get enough cargo despite the expansion of …