Sri Lanka draws Singapore investor interest
SINGAPORE, October 19, 2009 (AFP) - Singapore is urging local businessmen to explore investment opportunities in Sri Lanka following the defeat of the Tamil …
Wealthy Donor
WASHINGTON, October 18, 2009 (AFP) - A US-based hedge-fund billionaire charged as part of an insider-trading case was investigated by US authorities for …
Repayment Hitch
Oct 18, 2009 (LBO) - A repayment plan proposed for Ceylinco Shriram Capital Management Services, a unit of Sri Lanka's troubled Ceylinco group has been …
Fresh Impetus
Oct 18, 2009 (LBO) - Etisalat, an Abu Dhabi based telco that bought Sri Lanka's Tigo from Millicom International Cellular, says it will invest more in the firm …
Maldives leader turns stuntman to fight climate change
MALE, October 18, 2009 (AFP) - Maldivian President Mohamed Nasheed, who staged the world's first underwater cabinet meeting at the weekend, is emerging as the …
Canada intercept boat with 76 migrants believed from Sri Lanka
VANCOUVER, October 18, 2009 (AFP) - A ship suspected of carrying 76 illegal migrants was intercepted in the Pacific Ocean off Canada's west coast, police said …
Sri Lanka boat migrants end hunger strike
MERAK, October 17, 2009 (AFP) - A group of more than 250 Sri Lankan asylum seekers whose boat was stopped in Indonesian waters en route to Australia ended …
Inside Deals
NEW YORK, October 16, 2009 (AFP) - US authorities Friday charged a billionaire hedge fund manager and five others with insider trading that netted 20 million …
Maldives ministers set for underwater cabinet meeting
MALE, October 17, 2009 (AFP) - The government in the Maldives is set to hold its first underwater cabinet meeting Saturday to attract international attention …
India’s richest man wins govt praise for pay cut
NEW DELHI, October 17, 2009 (AFP) - India's government has praised a decision by India's richest businessman Mukesh Ambani to take a 66 percent pay cut after …
Sri Lanka pressed by US on IP protection, GM food
Oct 17, 2009 (LBO) - The United States has asked Sri Lanka, ranked high for software piracy in Asia, to better enforce intellectual property rights and also …
Sri Lanka bond gets US$6.8bn bids from 269 investors
Oct, 16, 2009 (LBO) - A 500 million US dollar sovereign bond by Sri Lanka has drawn 6.8 billion US dollars in bids from 269 buyers pushing yields lower than …
Sri Lanka raises US$500mn for 7.4-pct
Oct 16, 2009 (LBO) - Sri Lanka has raised 500 million US dollars through a 5-year sovereign bond at a coupon interest rate of 7. online pharmacy buy diflucan …
Sri Lankan shares close flat, foreign inflows top Rs1.0bn
Oct 17, 2009 (LBO) - Sri Lankan share closed down Friday as the market was taking a slow technical correction, while net foreign inflows had topped one billion …
Sri Lanka high grown tea prices rise
Oct 16, 2009 (LBO) - Prices of Sri Lanka's high grown teas rose at this week's Colombo auctions with brokers saying the market is likely to remain buoyed by a …
Securities Charge
Oct 16, 2009 (LBO) - Galleon group chief Raj Rajaratnam, a top equity markets investor in Sri Lanka, and five others have been charged in a 20 million US …
Stand-off
MERAK, October 16, 2009 (AFP) - Two asylum-seekers were hospitalised Friday from a boatload of 255 Sri Lankans who have declared a hunger strike in Indonesia …
Tele Sale
Oct 16, 2009 (LBO) - Millicom International Cellular will sell its Sri Lanka unit for 155 million US dollars to Etisalat, a Middle Eastern telco, with the sale …
Obama signs huge Pakistan aid package into law
WASHINGTON, October 16, 2009 (AFP) - President Barack Obama signed a 7. buy singulair online …
Sri Lanka Asian Alliance Insurance BB+ rating confirmed
Oct 16, 2009 (LBO) - RAM Ratings Lanka said it has confirmed Asian Alliance Insurance's (AAI) claims paying ability rating of BB+ with a stable outlook. "The …