Sri Lanka bailout talks progressing: IMF
Mar 27, 2009 (LBO) – An International Monetary Fund (IMF) mission in Sri Lanka is talking with the government on a stand-by arrangement and but the …
Sri Lanka share trading boosted by Carson oil palm deals
March 26, 2009 (LBO) - Sri Lankan shares ended almost flat Thursday but turnover was pushed up to 915 million rupees by large transactions in three oil palm …
Big Bank
Mar 26, 2009 (LBO) – Sri Lanka's state-run Bank of Ceylon profits have increased 19.2 percent to 3.87 billion rupees in 2008, helped by strong fee income …
Breathing Space
Mar 26, 2009 (LBO) - Sri Lanka's The Finance Company, a member of the island's troubled Ceylinco group, is suspending withdrawals of deposits for three months, …
Quick Access
Mar 26, 2009 (LBO) - The International Monetary Fund has announced changes to itslending framework lowering emphasis on structural adjustments for countries in …
Golden Key
Mar 26, 2009 (LBO) - Sri Lanka's Ceylinco group chief Lalith Kotelawala has offered to provide assets into a trust to repay 14.5 billion rupees to customers of …
Sri Lanka Tigers facing ‘imminent’ defeat: minister
March 26, 2009 (AFP) - Tamil Tiger rebels have lost more of their territory in northern Sri Lanka and their total defeat is now "imminent," a government …
Sri Lanka injects Rs19.4bn through term auction; bill yields plunge
Mar 25, 2009 (LBO) - Yields of treasury bills fell across the board at Wednesday's auction as the Central Bank injected 19 billion rupees through its new term …
Sri Lankan shares up on JKH deal
Mar 25, 2009 (LBO) - Sri Lankan stocks ended higher Wednesday, pushed up after a foreign investment fund divested a five percent stake in the island's biggest …
Sri Lanka tea factories clamour for loan concession
March 25, 2009 (LBO) - The Sri Lanka Tea Board has received applications from more than 470 tea factories seeking approval to get government concessions on …
Sri Lanka tea industry eyes Chinese market
March 25, 2009 (LBO) - Sri Lankan tea exporters are being encouraged to take part in a forthcoming tea fair in Hong Kong as a means to penetrate the huge …
Sri Lanka tea crop recovers, prices head down
March 25, 2009 (LBO) - Sri Lankan tea prices have weakened with the end of the Western quality season, although the better quality offerings still fetched …
Sri Lanka says Tiger intelligence chief’s hideout overrun
March 25, 2009 (AFP) - Sri Lankan government troops have overrun a hideout of the Tamil Tigers' feared intelligence chief, the defence ministry said Wednesday. …
Extended
Mar 25, 2009 (LBO) – Sri Lanka's Chevron unit said the island's government has extended the lease on a land where its blending plant was located for a …
Sri Lanka shares end weaker
March 24, 2009 (LBO) - Sri Lankan shares ended slightly weaker Tuesday with a single Sampath Bank block of 744,155 shares traded at 65. buy cenforce online …
Port Moves
March 24, 2009 (LBO) - Two big shipping lines, four Sri Lankan conglomerates, and a Middle East port operator were among the prospective bidders for a new …
Overseas Look
Mar 24, 2009 (LBO) – Sri Lanka's Hatton National Bank is looking to start investment banking operations in Bangladesh as part of its venture into …
Next Forum
Mar 24, 2009 (LBO) – Sri Lanka will host an international telecom forum of network standardization in April together with the International …
Emirates launches facility for mobile devices
March 24, 2009 (LBO) - Emirates, the Dubai-based international airline, has launched a facility to let customers access their website from mobile devices …
Sri Lankan underweight bread fools consumer minister
Mar 24, 2009 (LBO) – Sri Lanka's minister of consumer affairs has admitted being fooled by crafty bakers who sell underweight bread and exploit …