Sri Lanka stocks close up 0.1-pct
Aug 06, 2013 (LBO) - Sri Lanka's stocks closed up 0.12 percent Tuesday with gains seen in the large cap stocks, brokers said. The benchmark Colombo All Share …
Express Way
Aug 06, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa had requested China Merchants group, which has just commissioned a container terminal, to …
Port Repair
Aug 06, 2013 (LBO) - Sri Lanka's Access Engineering Plc said it had taken a 30 percent stake in a port handling machinery maintenance firm set up with China's …
Sri Lanka suspends New Zealand milk imports
Aug 06, 2013 (LBO) - Sri Lanka has suspended imports of all milk imports from New Zealand and asked Fonterra brands to withdraw any products containing whey …
Sri Lanka’s Talawakale Tea profits in the red
Aug 06, 2013 (LBO) - Sri Lanka's Talawakele Tea Estates Plc said it made a loss of 3.0 million rupees in the June 2013 quarter down from a profit of 26 million …
Training Progress
Aug 06, 2013 (LBO) - Lanka BPO Academy, a skills development firm, said it had completed a program for trainers at InfoMate, a provider of outsourced finance …
Killing Probe
COLOMBO, Aug 6, 2013 (AFP) - Sri Lanka's opposition Tuesday demanded an international investigation into a deadly army crackdown on villagers who were …
Tele Group
Aug 06, 2013 (LBO) - Profits at Sri Lanka Telecom group dropped 10 percent to 713 million rupees in the June 2013 quarter from a year earlier, and firm said it …
Bangladesh denies plan to take over Grameen
DHAKA, August 6, 2013 (AFP) - Bangladesh denied on Tuesday that it plans to take control of pioneering microlender Grameen Bank which has lifted millions of …
India’s rupee hits record low against dollar
MUMBAI, August 6, 2013 (AFP) - India's rupee plunged to a fresh record low against the dollar Tuesday over concerns that foreign capital could flow back to the …
Sri Lanka deficit to move down with lower rates, PPPs: CB Governor
Aug 06, 2013 (LBO) - Sri Lanka's budget deficit will narrow and debt will slow with falling domestic interest rates and public private partnerships in …
Sri Lanka stocks close down 0.7-pct
Aug 05, 2013 (LBO) - Sri Lanka's stocks closed down 0.68 percent Monday with losses in the large cap stocks and banking stocks, brokers said. The benchmark …
Mega Hub
Aug 05, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa declared open a new container terminal Tuesday, making Colombo the only port in South Asia that …
Shipping Hub
August 05, 2013 (LBO) – Sri Lanka can become a shipping hub with the opening of the 500 million US dollar port Monday which will help secure maritime …
People’s Education
August 05, 2013 (LBO) – Sri Lanka's public sector dominated education sector needs more private partnerships Asian Development Bank country director, …
Sri Lanka Crown casino project told to shift: report
Aug 05, 2013 (LBO) - A 350 million US dollar proposed casino resort has been told to shift or change its design so that a lake can be seen through the project, …
Dominant South Africa seal T20 series defeating Sri Lanka
HAMBANTOTA, August 4, 2013 (AFP) - South Africa defeated Sri Lanka by 22 runs in the second Twenty20 international in wind-swept Hambantota on Sunday to take …
Hundreds denounce army killing of Sri Lanka protesters
August 5, 2013 (AFP) - Several hundred anti-government supporters staged a rare protest Monday in Sri Lanka's capital to denounce a deadly army crackdown on …
Sri Lanka steps up security as protest toll rises
COLOMBO, August 4, 2013 (AFP) - Police poured into a village near Sri Lanka's capital ahead of the funeral Sunday of a teenager shot dead by troops during a …
Sri Lanka’s faster growth bucking trend: Fitch
Aug 05, 2013 (LBO) - Sri Lanka's economy is growing faster despite a slow global recovery, but the country needs more savings and foreign direct investments to …