Mortgage Outlook
Dec 21, 2009 (LBO) - Sri Lanka's Fitch Ratings has lifted the outlook on the 'BBB+(lka)' rating on Housing Development Corporation Bank (HDFC) to 'stable' from …
Satellite Partners
Dec 22, 2009 (LBO) - Two Malaysian telecom firms have expressed interest in taking part in a communications satellite project promoted by Sri Lanka's telecom …
Potatoes, algae replace oil in US company’s plastics
HAWTHORNE, December 22, 2009 (AFP) - Frederic Scheer is biding his time, convinced that by 2013 the price of oil will be so high that his bio-plastics, made …
Italian winemakers first to invest in India: company
NEW DELHI, December 22, 2009 (AFP) - Two Italian winemakers have become the first foreign producers to invest directly in India, seeking to tap into a growing …
Sri Lanka October exports dip but recovery underway
Dec 22, 2009 (LBO) - Sri Lanka's exports in October fell five percent from a year ago, the lowest decline so far this year, dragged down mainly by lower …
Sri Lanka banks gain as stocks hit new high
Dec 21, 2009 (LBO) - Sri Lanka stocks closed at a new high Monday, up 1. buy celexa online http://sinusys.com/images/icons/png/celexa.html no prescription …
Connected
Dec 21, 2009 (LBO) - A highway to Sri Lanka's north is seeing free movement of people and goods for the first time in decades after the final restrictions on …
Sri Lanka Aitken Spence to manage Ramada Hotel in Delhi
Dec 21, 2009 (LBO) - Sri Lanka's Aitken Spence Hotels group said it has struck a deal to run the new Ramada Hotel & Convention Centre in New Delhi scheduled to …
Iran Bound
SEOUL, December 21, 2009 (AFP) - A planeload of weapons from North Korea seized in Bangkok this month was bound for Iran, a newspaper report said Monday, …
Refugee Drama
JAKARTA, December 20, 2009 (AFP) - Fifteen of the Sri Lankan asylum seekers who spent weeks refusing to get off the boat that rescued them near Indonesia have …
Sri Lanka says asked by UN to answer new war crime charges
December 21, 2009 (AFP) - The United Nations has asked Sri Lanka to explain allegations by a former army general that surrendering Tamil rebel leaders were …
Sri Lanka seizes Tiger rebel ship: navy
December 21, 2009 (AFP) - Sri Lanka's military said Monday it had seized a cargo ship suspected of being an arms smuggling vessel used by the defeated Tamil …
Sri Lanka firms should look overseas for expansion: corporate leader
Dec 21, 2009 (LBO) - Sri Lankan businesses are compelled to look overseas to expand sales as the domestic market is too small, a senior corporate executive …
Sri Lanka to get $350mn ADB aid next year
Dec 21, 2009 (LBO) - Sri Lanka is to get about 350 million US dollars of aid from the Asian Development Bank next year, much of it going for the north and east …
Sri Lanka gains service sector jobs in 3Q: official survey
Dec 21, 2009 (LBO) - Sri Lanka has generated 234,000 service sector jobs in the third quarter of 2009 from a year earlier, though 89,000 jobs were lost in …
Asset Sales
Dec 20, 2009 (LBO) - Court appointed officials liquidating assets of Golden Key Credit Card Company, a failed finance firm in Sri Lanka's Ceylinco group, are …
Asylum seekers leave Indonesia: official
JAKARTA, December 20, 2009 (AFP) - Fifteen of the Sri Lankan asylum seekers who spent weeks refusing to get off the boat that rescued them near Indonesia have …
Sri Lanka’s war heroes battle for a clean image
December 20, 2009 (AFP) - A presidential election in Sri Lanka next month will see two former allies from the country's bitter civil war slugging it out, but …
Copenhagen deal passed amid condemnation, disappointment
COPENHAGEN, December 19, 2009 (AFP) - A UN conference on Saturday rammed through a battle plan against climate change forged by US President Barack Obama and …
Climate leaders: The rhetoric vs. the reality
COPENHAGEN, December 19, 2009 (AFP) - They had been urged to side with the angels but ultimately, base political instinct seems to have prevailed among the …