Steady Course
Feb 28, 2008 (LBO) – Sri Lanka's NDB Bank profits grew 17 percent in the December quarter, and full year 2007 profits were also up, when a one-off …
Banking Trend
Feb 29, 2008 (LBO) – Sri Lanka's Seylan Bank group full year profits grew four percent to 911 million but December quarter profits dipped amid lower loan …
Bad Show
Feb 29, 2008 (LBO) – The Sri Lanka unit of Transparency International has strongly criticised President Mahinda Rajapakse for removing a senior official …
Dispute Resolution
Feb 29, 2008 (LBO) – Sri Lanka's state sector should have alternative ways to solve problems without striking and hurting the public who are paying their …
Tough Chats
Feb 29, 2008 (LBO) – Higher inflation which reduced the spending power of subscribers and declining security was hurting Sri Lanka's telecom firms, Fitch …
Mobile Eye
Feb 29, 2008 (LBO) – Sri Lanka's Kay Jay Security has tied with Dialog Telekom to provide a closed circuit television (CCTV) monitoring through third …
Oil prices near records in Asia amid dollar weakness
SINGAPORE, Feb 29, 2008 (AFP) - World oil prices continued higher Friday, trading around fresh record levels as speculators piled into the market on the back …
Dollar sinks to fresh low versus euro after Bernanke comments
NEW YORK, Feb 28, 2008 (AFP) - The dollar plunged to a fresh record low against the euro Thursday amid more glum US economic news and downbeat comments on the …
Famed geneticist creating life forms that turns CO2 to petroleum
MONTEREY, California, Feb 28, 2008 (AFP) - A scientist who mapped his genome and the genetic diversity of the oceans said Thursday he is creating a life form …
Sri Lanka upset Australia
MELBOURNE, Feb 29, 2008 (AFP) - Australia's Adam Gilchrist smashed a blistering 83 in his farewell appearance at the MCG but his teammates collapsed to hand …
Sri Lanka troops find three suicide jackets following blast
Feb 29, 2008 (AFP) - A Tamil Tiger suicide bomber blew himself up on Friday injuring seven people as police moved in to search his house in the Sri Lankan …
Sri Lanka blast a suicide bombing: military
Feb 29, 2008 (LBO) - A Tamil Tiger suicide bomber triggered a bomb during a search operation in Colombo's Kotahena area and a pistol and ammunition had been …
Sri Lanka bomb blast injures seven
Feb 28, 2008 (LBO) – A bomb exploded during a search operation in the Kotahena area of Sri Lanka's capital Colombo Friday morning, injuring four police …
Blast rocks Sri Lanka capital: police
Feb 29, 2008 (AFP) - A powerful explosion ripped through a house in Sri Lanka's capital Colombo early Friday, police said, adding that at least seven people …
Sri Lanka inflation increases to 21.6 percent in February
Feb 29, 2008 (LBO) – Consumer prices in Sri Lanka's capital Colombo rose 21.6 percent in the 12-months to February from 20.8 percent, with the index …
South Asia gets more FDI despite problems; political risk in Pakistan, Sri Lanka, Afghanistan
MANILA, Feb 29, 2008 (AFP) - Robust near-term economic growth should drive strong foreign direct investment flows into South Asia despite corruption, poor …
Sri Lanka syndicated loan hopefuls talk joint deal
Feb 28, 2008 (LBO) - Five foreign banks who bid to syndicate a 300 million US dollar loan for Sri Lanka are discussing an alternative deal to club together and …
Road Bid
Feb 28, 2008 (LBO) – A joint venture between Sri Lanka's International Construction Consortium (ICC) and China Harbour has a won 2.4 billion rupee deal …
Hill Roads
Feb 28, 2008 (LBO) – Access routes and the road network in Sri Lanka's central hill city of Kandy will get a billion rupee spruce-up ahead of a regional …
Credit Call
Feb 28, 2008 (LBO) – Ten Sri Lankan state banks have joined a government public information service with the aim of giving the public better access to …