Sri Lanka’s Sampath Bank gets credit upgrade from Fitch
Apr.06 (LBO) - Fitch Ratings Lanka has upgraded Sampath Bank long term domestic rating to AA- (sri) on an improving financial profile. online pharmacy buy …
Terminal Appeal
Apr.06 (LBO) - Engineers of the Colombo Port are urging the president to speed up a project to modernise the port's computer system, which will improve …
Wider Reach
Apr.06 (LBO) – Norway plans to step up financial assistance in Sri Lanka following a request by President Mahinda Rajapakse to raise its profile in the …
Second Life
Apr.06 (LBO) -- Sri Lanka is going ahead with reviving Pramuka Bank and also setting up an institutional framework to recover debts of Pramuka and other state …
Adding Layers
Apr.06 (LBO) – Sri Lanka has sought a US$500 million loan from Saudi Arabia to double its oil refinery capacity, Energy Minister A H M Fowzie said …
Sri Lanka offers safe passage for Tigers after fresh Norway bid
Apr.06 (AFP) - Sri Lanka gave security guarantees to Tiger rebels travelling to Switzerland for talks on saving their faltering ceasefire, a Norwegian minister …
Norway peace envoys meet Sri Lanka president on truce
Apr.06 (AFP) - Norway's top peace envoys met Sri Lanka's president Thursday, diplomats said, amid doubts about whether the next round of talks on salvaging the …
Sri Lanka’s future hangs on peace, lower public debt, inflation: ADB
Apr.06 (LBO) -- Sri Lanka's economy is expected to expand by 5.3 percent in 2006, but much of it hinges on peace, and cut backs on public debt, inflation and …
Oily Row
Apr. 05 (LBO) – India has slapped a countervailing duty of between US$28-32 per metric tonne on vanaspati oil shipments from Sri Lanka, raising the …
Backward Integration
Apr.05 (LBO) -- Cellular operator Mobitel (Pvt) Ltd hopes to double subscriber growth and plans to start test runs for third generation network next month, its …
Tigers pressure Norway to disarm Tamil rivals in Sri Lanka
Apr.05 (AFP) - Tamil Tiger rebels Wednesday asked Norway's new peace envoy to make sure Sri Lanka's government disarms para-military groups ahead of a new …
Norway’s new peace envoy opens talks with Sri Lankan rebels
Apr.05 (AFP) - Norway's new peace envoy opened talks with Tamil Tiger rebels Wednesday as the Sri Lankan government's key electoral partner renewed calls for …
Pakistan Tie
Apr.03 (LBO) - Sri Lanka has asked the Pakistan government to start a Colombo-Karachi ferry service and liberalise air services during President Mahinda …
Switching Gears
Apr.04 (LBO) – Sri Lanka's Associated Motorways Ltd said Tuesday that they had invested Rs. 100 million to start a fully owned leasing company. AMW …
Little Treat
Apr.04 (LBO) – Sri Lanka Tuesday formalised an US$8.5 million grant on top of an already pledged US$7.0 million by Switzerland towards tsunami rebuilding …
Later, Later
Apr.04 (LBO) – Sri Lanka's parliament Tuesday referred laws to safeguard the country from anti dumping and countervailing duties to a select committee …
Jayasuriya’s Test career ends in pain
KANDY, Apr.04 (AFP) - Former Sri Lankan captain Sanath Jayasuriya ended his Test career on a painful note on Tuesday when he suffered a thumb injury during the …
Polls victory to boost Sri Lanka peace hopes: negotiator
Apr.04 (AFP) - Hopes for peace in Sri Lanka have been strengthened by the ruling party's landslide victory in local polls, the government's top peace …
New Feather
Apr.03 (LBO) – Sri Lanka's Hemas Holdings Ltd Monday announced the appointment of Lalith de Mel as the group's chairman. Husein Esufally will continue to …
Quick Chat
Apr. 03 (LBO) – Sri Lanka will take up thorny issues like shipments of pepper and vanaspati oil to India, when both sides meet for trade talks in Colombo …