School Software
Dec 13, 2012 (LBO) - Virtusa Corporation, a US listed IT firm with development facilities in Sri Lanka has won a top award for a school management software, …
Belgian Interest
Dec 12, 2012 (LBO) - Sri Lanka's state investment promotion agency said a visiting Belgian delegation had expressed interest in setting up information …
Sri Lanka Treasuries yields down after rate cut
Dec 12, 2012 (LBO) - Sri Lanka's Treasuries yields tumbled across maturities at Wednesday's auction with the 12-month yield falling as much as 41 basis points, …
Sri Lanka will not sell sovereign bond this year: CB Governor
Dec 12, 2012 (LBO) - Sri Lanka has decided not to sell a sovereign bond in 2013, Central Bank Governor Nivard Cabraal said, urging commercial banks to tap the …
Sri Lanka stocks close up 1.8-pct
Dec 12, 2012 (LBO) - Sri Lanka stocks closed up 1.8 percent Wednesday after the Central Bank cut rates by 25 basis points, driven mostly by domestic buying, …
Group Risk
Dec 12, 2012 (LBO) - Sri Lanka's financial regulators will monitor banks connected to conglomerates closely in the future as firms and the financial sector …
Sri Lanka cuts interest rates to boost credit
Dec 12, 2012 (LBO) - Sri Lanka has cut its main policy rate at which money injected to banks by 25 basis points to 9. online pharmacy buy spiriva inhaler with …
Sri Lanka firms to benefit from widening diversity
Dec 12, 2012 (LBO) - Sri Lankan firms can benefit from being more inclusive, and while comprehensive diversity policies were still rare, many were making a …
Sri Lanka stock close up 0.2-pct
Dec 11, 2012 (LBO) - Sri Lanka's stocks closed up 0.2 percent Tuesday, helped by gains in Nestle and CTC while forex markets saw import demand later in the …
Top Rating
Dec 11, 2012 (LBO) - Fitch Ratings has confirmed a 'AAA(lka)' rating of HSBC Sri Lanka with a stable outlook, on the strength of its parent. online pharmacy …
Sad Employers
Dec 11, 2012 (LBO) - Sri Lanka's Employer's Federal of Ceylon (EFC) an industry body representing large firms said it was disappointed over a delay in two key …
India may ask Sri Lanka to cut automobile tariffs: report
Dec 11, 2012 (LBO) - India is mulling asking Sri Lanka to reduce import duties which had been raised twice last year hitting small car imports and three …
Sri Lanka credit ceilings served their purpose: Deputy Governor
Dec 11, 2012 (LBO) - Credit ceilings imposed on Sri Lanka's commercial banks had served their purpose and were part of temporary measures to stabilize the …
Liquid Bank
Dec 10, 2012 (LBO) - Sri Lanka's ICICI Bank, a branch of an Indian bank with the same name, has seen its [SL] AAA credit rating confirmed by ICRA, a rating …
Banking Secrecy
Dec 10, 2012 (LBO) - Sri Lanka's banking secrecy laws may not be worth the paper it is written on and confidential information of customers could be easily …
Net Biz
Dec 10, 2012 (LBO) - Sri Lanka's Dialog Axiata said it will acquire a 26 percent stake in Digital Commerce Lanka (Pvt) Ltd, which owns Anything. online …
Crude Block
Dec 10, 2012 (LBO) - Sri Lanka is unable to import crude oil from Iran despite a sanctions waiver by the United States, because banks are wary of opening …
Probe Call
COLOMBO, Dec 9, 2012 (AFP) - Sri Lanka's main opposition party asked the Commonwealth Sunday to investigate the impeachment of the country's chief justice in …
Impeachment
Colombo, (AFP) - Sri Lanka's first woman chief justice faced the threat of dismissal from office after a parliamentary panel on Saturday found her guilty of …
Decision
Dec 08, 2012 (LBO) - A parliamentary committee from which opposition members walked out, has found Sri Lanka's chief guilty of three out of five main charges …