Sri Lankan shares up, Lanka Cement draws interest
April 01, 2009 (LBO) - Sri Lankan stocks edged higher on Wednesday boosted by speculative trading by small investors in Lanka Cement, which has a defunct plant …
Missing Miles
April 01, 2009 (LBO) - Sri Lanka is in talks with the Asian Development Bank on ways to raise funds to build the last stretch of a key highway linking the …
Bank Promotions
April 01, 2009 (LBO) - Sri Lanka's central bank said it has promoted four Assistant Governors, Rose Cooray, K G D D Dheerasinghe, Uthum Herat and D S …
Top Marks
April 01, 2009 (LBO) - The Commercial Bank of Ceylon has been adjudged Sri Lanka’s ˜Best Bank’ for the 11th successive year by the financial …
Fresh Equity
April 01, 2009 (LBO) - A one-third stake in Sri Lanka's Seylan Bank being offered to new investors by the regulators will be in new shares with the cash going …
Sri Lanka Aitken Spence opens new Maldivian resort
April 01, 2009 (LBO) - Sri Lanka's Aitken Spence group said it has opened its latest Maldivian luxury resort called Adaaran ˜Prestige’ Vadoo. The …
Female Targets
April 01, 2009 (LBO) - Sri Lankan retailer Odel said it has opened a fashion accessories store for women called 'Backstage' in Singapore with more overseas …
Pakistan’s most wanted claims Lahore attack, threatens US
LAHORE, March 31, 2009 (AFP) - Pakistan's most wanted militant Tuesday claimed responsibility for a deadly police academy assault and threatened to attack the …
Sri Lanka Tamil Tiger leader’s son wounded: military
April 1, 2009 (AFP) - Tamil Tiger rebel leader Velupillai Prabhakaran's eldest son was wounded in battle against Sri Lankan security forces, military spokesman …
Lubricant Trends
April 01, 2009 (LBO) - Sri Lanka's Chevron unit said net profit for the 2008 financial year fell 12 percent to 948 million rupees from a year ago with high …
Sri Lankan stocks close down
Mar 31, 2009 (LBO) - Sri Lankan shares closed down on Tuesday, dragged down by blue chips such as John Keells Holdings (JKH) and National Development Bank …
Sri Lanka, Nepal mull tourism, air links
Mar 31, 2009 (LBO) - Sri Lanka and Nepal are discussing joint tourism packages that combine the attractions of Himalayan hikes with Indian Ocean beaches, the …
Health Support
March 31, 2009 (LBO) - The US Agency for International Development (USAID) has given equipment and basic medical supplies to Sri Lanka's health service for use …
GK Case
Mar 31, 2009 (LBO) - Sri Lanka's Supreme Court has asked Golden Key Credit Card Company, a collapsed financial firm, and its directors to declare assets and …
Card Terminals
Mar 31, 2009 (LBO) - Sri Lankan teleco Lanka Bell and EPIC Lanka Technologies, an information technology firm has tied up to provide wireless point of sale …
Sri Lankan troops replaced at refugee camps
March 31, 2009 (AFP) - In response to pressure from the United Nations Sri Lanka withdrew its troops from camps for thousands of civilians who have escaped the …
Sri Lanka army slows offensive against Tigers
March 31, 2009 (AFP) - Two months after President Mahinda Rajapakse vowed that the Tamil Tiger rebels would be defeated within days, fighting rages on in Sri …
Sri Lanka needs to depreciate rupee: ADB
Mar 31, 2009 (LBO) - Sri Lanka should adopt a more flexible exchange rate policy and depreciate the rupee to make exports more competitive and better manage …
Sri Lanka inflation drops to 5.3-pct in March
Mar 31, 2009 (LBO) – Consumer price inflation in Sri Lanka's capital Colombo dropped to 5.3 percent in the 12-months to March 2009 from 7.6 percent in …
Sri Lanka reconstruction after war could stimulate economy: ADB
Mar 31, 2009 (LBO) - Sri Lanka's economic growth will slow down this year but could revive the next helped by reconstruction activity expected with the end of …