Sri Lankan stocks down, rupee weakens
May 13, 2009 (LBO) - Sri Lankan shares weakened Wednesday, as retail investors took defensive positions, while the rupee lost ground against the dollar on …
Bank Trends
May 13, 2009 (LBO) - Sri Lanka's Hatton National Bank (HNB) said its group net profit for the March quarter fell four percent to 712 million rupees from a year …
Sri Lanka rubber meeting told to brace for fall in demand
May 13, 2009 (LBO) - Demand for natural rubber and rubber products will fall this year with the decline in sales of tyres and vehicles, a rubber expert told an …
Leaner Model
May 13, 2009 (LBO) - Benefits of Dialog Telekom’s six month long cost reduction program, including retrenching 280 staff, will start kicking in by the …
Polls put Congress ahead as India’s vote marathon ends
NEW DELHI, May 13, 2009 (AFP) - Voting in India's marathon elections ended Wednesday, with exit polls giving the ruling Congress party and its allies a slight …
India’s election marathon at the finishing line
NEW DELHI, May 12, 2009 (AFP) - Millions of voters cast their final ballots Wednesday in India's marathon election, with analysts predicting the emergence of a …
Sri Lanka fighting rages despite calls for halt
May 13, 2009 (AFP) - Sri Lanka's Tamil Tigers put up stiff resistance to advancing government troops on Wednesday, in heavy fighting that saw the beleaguered …
US, Britain urge Sri Lankans to stop fighting, spare civilians
WASHINGTON, May 12, 2009 (AFP) - US Secretary of State Hillary Clinton and her British counterpart David Miliband called Tuesday on Sri Lankans to stop …
Sri Lanka Janashakthi says confident of getting ban lifted
May 13, 2009 (LBO) - Janashakthi Insurance said it was confident of getting a 'sudden and unexpected' suspension of its licence by the Insurance Board of Sri …
Sri Lanka stocks down, rupee loses ground
May 12, 2009 (LBO) - Sri Lankan shares came down Tuesday on fears that a 1.9 billion dollar International Monetary Fund bailout was delayed, while the rupee …
Intact Core
May 12, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed the 'AA+(lka) national long-term rating of Commercial Bank, Sri Lanka's largest private bank, …
Bootleg Ware
May 12, 2009 (LBO) - Software piracy in the Asia-Pacific region continued to grow last year with Sri Lanka the second worst offender, a study said Tuesday, AFP …
Mobile Football
May 12, 2009 (LBO) – Sri Lankan football fans now have the option to have interactive gaming sessions, download content and view English premiership …
Sri Lanka troops take more rebel territory: military
May 12, 2009 (AFP) - Sri Lankan troops have made fresh advances into the small patch of territory held by the Tamil Tigers, the defence ministry said Tuesday. …
Sri Lanka Janashakthi appeals against suspension of insurance licence
May 12, 2009 (LBO) - Janashakthi Insurance said it had appealed against the suspension of its licence by the Insurance Board of Sri Lanka which was due to …
Sri Lanka Janashakthi Insurance licence suspended for three weeks
May 12, 2009 (LBO) - Sri Lanka's Insurance Board said it has suspended Janashakthi Insurance's licence for three weeks from Tuesday and prohibited it from …
The illusion of rational man; enter the economics of fear
May 12, 2009 (LBO) - The Greek historian Plutarch has recorded an encounter which Alexander the Great had with one of the sages of Taxila University, Dandamis, …
Australia announces new people-smuggling fight
CANBERRA, May 12, 2009 (AFP) - Australia on Tuesday announced what it called the largest surveillance operation in the country's history to fight …
Sit-down Tamil protestors arrested in London
LONDON, May 11, 2009 (AFP) - British police said they arrested 45 Tamil protestors Monday after they blocked traffic with a sit-down protest outside parliament …
US ‘deeply concerned’ by civilian deaths in Sri Lanka
WASHINGTON, May 11, 2009 (AFP) - The United States is "deeply concerned" about civilian deaths in strife-torn Sri Lanka, a State Department spokesman said …