Sri Lanka war, BOP crisis no longer hurt rating; budgets a problem: Fitch official
Aug 27, 2009 (LBO) - Sri Lanka's internal conflict and a balance of payments crisis that led to a rating downgrade and a negative outlook have now been wiped …
Sri Lanka T-bill yeilds frozen for third week
Aug 26, 2009 (LBO) - Sri Lanka's Treasury bill yields were frozen at the weekly auction for the third week running, in auction where 10.1 billion rupees out of …
Sri Lankan stocks up 0.22-pct
Aug 26, 2009 (LBO) - Sri Lankan shares closed up on Wednesday as investors eyed selected blue chip and hotel counters looking to profit from a possible …
Ship Arrest
Aug 26, 2009 (LBO) - An Indian-owned container vessel arrested by Sri Lankan port authorities for non-payment for fuel supplies has been released after the …
Sister Ship
Aug 26, 2009 (LBO) - Sri Lanka's Mercantile Shipping Company, a listed ship owner, said it will take delivery of its second newly built cargo ship in November. …
Sri Lanka’s Aitken Spence eyes health tourism, new resorts
Aug 26, 2009 (LBO) - Sri Lanka's Aitken Spence Hotels is expanding the profitable health tourism business and plans new resorts on prime beach properties kept …
Big Deal
Aug 26, 2009 (LBO) - The acquisition of a big stake in Sri Lanka Telecom, the island's dominant fixed-line operator, by Malaysia's Global Telecommunications …
Sri Lanka checked by Vettori’s rare double
August 26, 2009 (AFP) - New Zealand captain Daniel Vettori became only the eighth player ever to achieve the double of 3,000 runs and 300 wickets as Sri Lanka …
Sri Lanka frees priests from war camps
August 26, 2009 (AFP) - Sri Lanka on Wednesday freed nearly 600 Hindu and Catholic priests who were held in internment camps with ethnic Tamils displaced by …
Sri Lanka pro-poor effort hit by political interference: ADB
Aug 26, 2009 (LBO) - Political interference and overlapping functions of government agencies have seriously weakened Sri Lanka's efforts to help the poor and …
Sri Lanka draws Japanese investor interest
Aug 26, 2009 (LBO) - A 40-member Japanese trade and investment mission is due to visit Sri Lanka in November 2009 following the end of the island's 30-year …
Sri Lanka central bank domestic assets fall
Aug 25, 2009 (LBO) - Treasury bills, a key domestic asset component at Sri Lanka's central bank, plummeted following an unusual deal with a US fund manager …
Bank Capital
Aug 25, 2009 (LBO) - Sri Lanka's Seylan Bank said the Colombo stock exchange has approved its application to list new ordinary shares in an effort to raise …
Sri Lanka coconut exporter wins agribusiness award
Aug 25, 2009 (LBO) - Renuka Agrifoods, a Sri Lankan exporter of value-added agro-based products, especially coconut, has won a top award for agribusiness. …
Cairn on brink of big win in India oil gamble
NEW DELHI, August 25, 2009 (AFP) - Oil entrepreneur Bill Gammell took a big gamble 12 years ago -- and his winnings look set to start rolling in as Cairn …
Microsoft revs up low-budget mobile phones
SAN FRANCISCO, August 24, 2009 (AFP) - Microsoft on Monday unveiled software that lets Twitter, Facebook and other hot Internet services be delivered to …
Sri Lankan court bails war-zone doctors
August 24, 2009 (AFP) - A Sri Lankan magistrate on Monday bailed four doctors held for allegedly spreading rebel propaganda before the defeat of the Tamil …
Sri Lanka rating outlook lifted to ‘stable’ by S&P
Aug 25, 2009 (LBO) - Standard & Poor's has lifted the outlook on Sri Lanka's speculative 'B' sovereign rating to 'stable' from 'negative' on expectations of …
Sri Lanka firms told socially responsible investing does pay
Aug 25, 2009 (LBO) – Companies should look closely at socially responsible business practices as they are more profitable and opens the door to …
Sri Lanka foreign reserves US$3.2bn: CB governor
Aug 25, 2009 (LBO) - Sri Lanka's foreign reserves have topped 3.2 billion dollars after a large inflow into the country's government securities market, Central …