Sri Lankan bill yields move up
Dec 16, 2009 (LBO) - Sri Lankan Treasury bill yields edged up across maturities, at Wednesday's auction, the government's debt office said, despite only a part …
Sri Lankan shares close up 0.41–pct on large JKH deal
Dec 16, 2009 (LBO) - Sri Lankan shares closed up Wednesday, propelled by a foreign of-the-floor deal on John Keells Holdings (JKH) and banking counters headed …
Liquidity Support
Dec 16, 2009 (LBO) - Sri Lanka's central bank said it will guarantee loans given by banks to registered leasing and finance companies in liquidity trouble, …
Managed Finance
Dec 16, 2009 (LBO) - Sri Lanka's Central Bank said it has appointed People's Leasing Company as managing agent of Industrial Finance Limited, a company facing …
Lower Step
Dec 16, 2009 (LBO) – RAM Ratings Lanka said it has downgraded the long-term rating of Central Investments and Finance Limited (CIFL) from B+ to C-, …
Sri Lanka tea factories cut energy costs
Dec 16, 2009 (LBO) - Sri Lankan tea factories are cutting energy costs under an initiative to make them more competitive in overseas markets given the island's …
Debt Refinance
Dec 16, 2009 (LBO) - Fitch Ratings Lanka said it has assigned an 'A-(lka)' National Long-term rating to the Sri Lanka unit of Singer's proposed 600 million …
Indicted
NEW YORK, December 15, 2009 (AFP) - The founder of Galleon hedge fund, Raj Rajaratnam, was indicted Tuesday in a multi-million-dollar Wall Street …
Fibre Net
Dec 16, 2009 (LBO) - Sri Lanka Telecom, Dialog Telekom, India's Bharat Sanchar Nigam Ltd and Sweden's Ericsson, are among the firms in the running to get a …
India’s Bharti to buy Bangladesh mobile operator: regulator
DHAKA, December 16, 2009 (AFP) - Indian telecom giant Bharti Airtel is seeking to buy Bangladesh's fourth-largest mobile phone operator Warid from its Abu …
EU gives six million euros to help Sri Lanka refugees
BRUSSELS, December 16, 2009 (AFP) - The European Commission on Wednesday granted more aid for tens of thousands of people who fled fighting between Sri Lankan …
Sri Lankan stocks close 1.22-pct up on large JKH sale
Dec 15, 2009 (LBO) - Sri Lankan shares closed up Tuesday as big off-the-floor deals on blue chip John Keells Holdings (JKH) and Aitken Spence Hotel Holdings …
Capital Question
Dec 15, 2009 (LBO) - Capital investment in Sri Lanka's telecom infrastructure has plummeted amidst a price war and high taxation, which will crimp expansion in …
Rural communities lead Nepal’s green fightback
KAVRE, December 15, 2009 (AFP) - Thirty years ago, Nepalese farmer Badri Prasad Jangam realised that the once thickly-wooded hillside that overlooks his home …
India stop Sri Lanka in high-scoring thriller
RAJKOT, December 15, 2009 (AFP) - India overcame a brilliant century by Tillakaratne Dilshan to defeat Sri Lanka by three runs in a dramatic start to the …
Sri Lanka post-war recovery hit by graft, violence: watchdog
December 15, 2009 (AFP) - Sri Lanka's recovery from its decades-long civil war has been marred by graft, violence and a culture of lawlessness, a global …
Fuel Market
Dec 15, 2009 (LBO) - A planned ship fuel business off a new port being built in southern Sri Lanka, will target small vessels sailing past the island and lure …
Sri Lanka forum to help politicians help people
Dec 15, 2009 (LBO) – A public seminar is to be held to educate politicians and their economic advisors on how best to meet the needs of people, ahead of …
Sri Lanka must upgrade accounting rules: experts
Dec 15, 2009 (LBO) – Sri Lanka will have to keep pace with global accounting standards to attract foreign investments as competing regional economies …
Sri Lanka women key beneficiaries of rural road project: ADB
Dec 15, 2009 (LBO) - The Asian Development Bank said it has approved a project to build roads linking isolated rural villages in Sri Lanka that will employ …