Port Project
COLOMBO, August 4, 2013 (AFP) - A 0 million Chinese-built port opens Monday in Sri Lanka, giving Beijing a vital foothold on the world's busiest international …
Second Sri Lankan dies after troops fire on villagers
COLOMBO, August 3, 2013 (AFP) - A second Sri Lankan protester died from wounds suffered when troops fired on villagers demonstrating against contaminated water …
Punished
WASHINGTON, August 2, 2013 (AFP) - Three convicted Somali pirates escaped the death penalty Friday when a US jury sentenced them to life in prison for the …
Tele Net
Aug 03, 2013 (LBO) - Profits at Sri Lanka's Dialog Axiata rose 11 percent to 950 million rupees in the June 2013 quarter, amid forex losses coming from …
Sri Lanka Dipped Products says not causing water pollution
Aug 03, 2013 (LBO) - Sri Lanka's Dipped Products Plc, a top glove exporter says its factory is not polluting groundwater but production has been halted until …
Sri Lanka calls auctions to mop up liquidity
Aug 02, 2013 (LBO) - Sri Lanka has called auctions to mop 20 billion rupees overnight and sell 9.5 billion rupees in Treasury bills outright after liquidity …
Sri Lanka stocks close flat
Aug 02, 2013 (LBO) - Sri Lanka's stocks closed flat Friday with losses in the large cap stocks and banking stocks, brokers said. The benchmark Colombo All …
Sri Lanka JKH to raise equity, foreign debt for casino resort
Aug 02, 2013 (LBO) - Sri Lanka's John Keells Holdings said an 800 million US dollar casino resort project will raise foreign debt and the parent may also make …
Sri Lanka JKH hotel unit in the red
Aug 02, 2013 (LBO) - Top Sri Lankan hotel operator, John Keells Hotels Plc, slipped into the red in the June 2013 quarter amid a tourism boom losing 102 …
Sri Lanka Watawala Plantations stake upped by parent
August 02, 2013 (LBO) - Sri Lanka's Watawala Plantations Plc, which farms tea, rubber and oil palm said its parent Estate Management Services has upped its …
Sri Lanka rulers provide more water to protesting villagers
Aug 02, 2013 (LBO) - Elected representatives of Sri Lanka's Gampaha district met Friday and decided to increase the distribution of water by bowser to …
Sri Lanka glove maker hopes to resume production
Aug 02, 2013 (LBO) - Sri Lanka's Dipped Products, a unit of Hayleys group which exports gloves said it hoped to resume production which stopped Wednesday …
Sri Lanka-born top international designer Balmond in JKH resort
Aug 02, 2013 (LBO) - Balmond Studio Limited, a UK-based firm founded by Sri Lanka-born Cecil Balmond has designed John Keells Holding's 820 million dollar …
Cricket: Duminy rescues South Africa against Sri Lanka
COLOMBO, August 2, 2013 (AFP) - JP Duminy hit 51 off 52 balls as spin-wary South Africa recovered from a poor start to post 115-6 in the first Twenty20 …
Sri Lanka president invites Pope Francis I to visit
Aug 02, 2013 (LBO) - President Mahinda Rajapaksa had invited Pope Francis I, the head of the Roman Catholic Church to visit Sri Lanka, his media office said. …
Sri Lankan protestor shot dead at tainted water demo
August 2, 2013 (AFP) - Sri Lankan security forces shot dead one protestor and wounded dozens more when they fired on villagers at a demonstration over …
Sri Lanka Softlogic appoints risk, retail chiefs
Aug 02, 2013 (LBO) - Sri Lanka 's Softlogic group said it had appointed two senior executives with domestic and international experience to head the group risk …
Sri Lanka stocks close up 2-pct
Aug 01, 2013 (LBO) - Sri Lanka's stocks closed up 1.98 percent Thursday following a week of losses with heavy activity in a plantation stock, some gains in the …
Even Road
Aug 01, 2013 (LBO) - Sri Lanka has cleared a tax anomaly which can make single cab trucks, especially some Indian brands, cheaper, Deputy Treasury Secretary S …
Liquidity
Aug 01, 2013 (LBO) - Sri Lanka's central bank has bought Treasury Bills to meet government cash flow needs but is draining the liquidity though open market …