Sri Lanka Senkadagala Finance ‘BBB+(lka)’ rating confirmed
Nov 13, 2012 (LBO) - Fitch Ratings said a 'BBB(lka)' rating of Senkadagala Finance has been confirmed with a stable outlook. "SFC's rating reflects its long …
Growth Spurt
Nov 13, 2012 (LBO) - Fitch Ratings has confirmed a 'BB+(lka)' rating of Trade Finance and Investment Plc (TFI), with a stable outlook, saying recent fast …
Paradise Isle
Nov 13, 2012 (LBO) - Sri Lanka's move to allow tax free racing cars may sound like a pacifier for the rich kids of politicians, but the move could actually be …
Sri Lanka issues silver coin to mark relations with Japan
Nov 12, 2012 (LBO) - Sri Lanka will issue a silver commemorative coin with a face value of 1,000 rupees to mark 60 years of diplomatic relations with Japan, …
Steady Quarter
Nov 12, 2012 (LBO) - Sri Lanka's NDB group profits edged 3 percent lower to 678 million rupees in the September 2012 quarter from a year earlier, with interest …
Sri Lanka toddy tappers face extinction
WADDUWA, Sri Lanka, Nov 12, 2012 (AFP) - Clambering between high trees carrying a knife in the search for sap to brew alcoholic drinks is a young man's game -- …
Oil Gains
Nov 12, 2012 (LBO) - Lanka IOC, a unit of Indian Oil Corporation said profits in the September 2012 quarter rose 327 percent from a year earlier, partly helped …
Sri Lanka state jobs created for tens of thousands unemployable graduates
Nov 12, 2012 (LBO) - Sri Lanka has created 21,463 new posts in ministries up to August 2013 out of which 18,128 were for unemployable graduates educated at tax …
Sri Lanka’s Udawalawe National Park area gets 4-star resort: report
Nov 11, 2012 (LBO) - A 55-room 4-star class resort will open in the coming winter season in Thanamalwila near Sri Lanka's Udalawalawe national wildlife park, a …
Sri Lanka cigarette labeling put off till March 2013
Nov 11, 2012 (LBO) - Sri Lanka's health ministry has put off till March 2013, graphic labeling designed to educate consumers on the cancer and heart disease …
China Sri Lanka’s top lender, India gives most grants to Aug
Nov 10, 2012 (LBO) - China was Sri Lanka's top lender up to August 2012 disbursing 443. buy elavil online …
Sri Lanka military opens more hotels, creates resort brand
Nov 09, 2012 (LBO) - Sri Lanka's army has opened its third resort hotel and also created a brand as part of efforts to add more rooms to cater to an influx of …
Denial
Nov 09, 2012 (LBO) - Sri Lanka's chief justice has denied charges in an impeachment motion in parliament, giving details over allegations of undeclared assets …
Sri Lanka gives tax breaks for renewable energy
Nov 09, 2012 (LBO) - Sri Lanka has cut taxes on renewable energy equipment and given accelerated depreciation allowances for renewable energy investments and …
Sri Lanka chamber backs budget targets, calls for rule of law
Nov 09, 2012 (LBO) - Sri Lanka's Ceylon Chamber of Commerce said it was encouraged by government plans to cut the budget deficit which will help create a …
Sri Lanka expects strong revenues, record domestic borrowings in 2013
Nov 09, 2012 (LBO) - Sri Lanka is expecting to grow revenues by an optimistic 19.2 percent to 1.25 trillion rupees cut foreign borrowings by 55 percent and …
Sri Lanka ups protectionism in autarkist budget
Nov 09, 2012 (LBO) - Sri Lanka has upped protectionist taxes in foods and building materials allowing more profits for producers allowing producers as citizens …
Sri Lanka raises crop planting subsidies
Nov 08, 2012 (LBO) - Sri Lanka's government will increase subsidies to encourage small farmers expand tea, rubber and coconut cultivation, President Mahinda …
Sri Lanka should cut high food taxes to reduce malnutrition: science minister
Nov 08, 2012 (LBO) - Sri Lanka should cut high food taxes which will make proteins more accessible to the poor and reduce malnutrition among small children, …
Sports Break
Nov 08, 2012 (LBO) - Sri Lanka will cut taxes on racing cars and give valued added and turnover based tax relief to sports related economic activities …