Safety Net
June 06, 2009 (LBO) – Sri Lanka’s Commercial Bank of Ceylon (CBC) has inked a deal with the International Finance Corporation (IFC) to underwrite …
Sri Lanka tea exports fall sharply in April
June 06, 2009 (LBO) - Sri Lanka's shipments of tea, its main commodity export, fell sharply in April compared with a year ago, as production was hit by severe …
Sri Lankan FM denies 20,000 Tamils killed in final onslaught: report
LONDON, June 6, 2009 (AFP) - Sri Lanka's Foreign Minister Rohitha Bogollagama has denied claims that more than 20,000 Tamil civilians were killed during the …
Sri Lanka Hemas profits hit by start-up losses, interest costs
June 05, 2009 (LBO) - Sri Lanka's Hemas Holdings said group net profit fell 31. online pharmacy buy diflucan with best prices today in the USA buy antabuse …
Sri Lankan stocks recoup losses
June 05, 2009 (LBO) - Sri Lankan stocks Friday recovered from Thursday’s losses but still managed lose 1.71 percent during the week due to profit …
One Horse
June 5, 2009 (LBO) – Sri Lanka's Lanka Orix Leasing Company (LOLC) is the sole bidder for a 33 percent stake in Seylan Bank offered by the Central Bank …
India new govt says will focus on growth, help poor
NEW DELHI, June 4, 2009 (AFP) - India's new Congress-led government promised Thursday to focus on spurring economic growth in its bid to meet a recent election …
Sri Lanka probes foreigners in refugee camps
June 4, 2009 (AFP) - Sri Lanka has identified six foreign nationals among tens of thousands of war displaced civilians held in state-run camps in the island's …
Sri Lanka Insurance Corporation outlook lifted to ‘positive’
June 5, 2009 (LBO) – RAM Ratings Lanka has lifted the outlook on Sri Lanka Insurance Corporation's (SLIC) 'AA-' claims paying ability to 'positive' from …
Sri Lanka gets Indian support in human rights battle
June 05, 2009 (LBO) - India has rapped UN human rights commissioner Navi Pillai saying she should not abuse her position to pursue hidden agendas against Sri …
Sri Lanka gets Chinese loan for low cost housing
June 05, 2009 (LBO) –Sri Lanka's government is to take a 500 million dollar 20-year loan from China to build 100,000 low cost houses for state sector …
Sri Lankan stocks hit by Distilleries verdict
June 04, 2009 (LBO) - Sri Lankan shares dived on Thursday after courts reversed the privatization of an insurer controlled by a listed firm, saying it was …
Banking Conduit
June 04, 2009 (LBO) - Sri Lanka's state-run Bank of Ceylon is providing banking services for refugees in several camps in the north of the island to get …
Sri Lanka gets $25mn Indian hotel investment
June 04, 2009 (LBO) - The Sri Lankan government said it had approved a proposal by an Indian company to set up a four-star hotel and convention centre with an …
No Deal
June 4, 2009 (LBO) - Sri Lanka's Supreme Court said a 2003 privatization of Sri Lanka Insurance Corporation (SLIC) to listed Distilleries group was illegal and …
Hostage Crisis
ZAMBOANGA, June 4, 2009 (AFP) - A Sri Lankan peace activist kidnapped by Islamic militants in the southern Philippines almost four months ago has been safely …
Search King
WASHINGTON, June 3, 2009 (AFP) - Google, already the king of Internet search, rolled out an experimental new search product on Wednesday called "Google …
Sri Lanka seizes ship with supplies for war-hit civilians
June 4, 2009 (AFP) - Sri Lanka's navy Thursday seized a foreign-owned ship loaded with medical, food and other supplies for war-hit civilians, saying the …
Sri Lanka Insurance Corp sale reversed by court- Update
June 4, 2009 (LBO) - Sri Lanka's Supreme Court said a 2003 privatization of Sri Lanka Insurance Corporation (SLIC) to listed Distilleries group was illegal and …
Sri Lanka Hayleys profits down on lower margins, exports
June 04, 2009 (LBO) - Sri Lanka's Hayleys said net profit for the 2008-09 financial year fell 31 percent to 311 million rupees from a year ago as the …