Risk Management
May 22, 2012 (LBO) - Sri Lanka's DFCC Bank said it had appointed Trevine Fernandopulle, a senior banker, as its executive vice president and group chief risk …
Tighter Rules
May 22, 2012 (LBO) - Sri Lanka's securities watchdog has tightened short term trading by workers and directors of broking firms and also passed strictures on …
Quit Notice
May 22, 2012 (LBO) - Pradeep Kariyawasam, the chairman of Sri Lanka's state-run National Savings Bank had resigned ahead of more fresh planned protests by the …
Maldives tourism shows marginal growth in April
May 22, 2012 (LBO) – The Maldives has seen a slight increase in the number of holidaymakers to the atoll nation in April, after political unrest kept …
Indian rupee falls to new low, amid trading curbs
May 22, 2012 (LBO) - India's rupee fell to a new low of 55.buy nolvadex online buy nolvadex online no prescription 06 against the US dollar Tuesday after …
Sri Lanka Insurance ‘AA(lka)’ rating confirmed
May 22, 2012 (LBO) - Fitch Ratings has confirmed an 'AA(lka)' rating of state-run Sri Lanka Insurance (SLIC), the island's largest insurer by assets, with a …
Sri Lanka Hemas Power hit by forex losses
May 22, 2012 (LBO) - Sri Lanka's Hemas Power, a unit of listed Hemas Holdings said profits in the March 2012 quarter fell 78 percent to 24 million rupees amid …
Sri Lanka small builders in former war zone get German help
May 22, 2012 (LBO) - Small construction contractors in former war zones in Sri Lanka's East are being given technical help to win construction projects …
Sri Lanka benefits from new $2bn SAARC currency swap
May 21, 2012 (LBO) - Sri Lanka is among the South Asian countries, who will benefit from a 2. buy avana online …
Sri Lanka’s Amaya Leisure March net up 68-pct
May 21, 2012 (LBO) - Profits at Sri Lanka's Amaya Leisure, a unit of listed Hayleys group rose 68 percent in the March 2012 quarter as strong tourist arrivals …
Sri Lanka plans rice exports to South Africa: minister
May 21, 2012 (LBO) - Sri Lanka is in talks with a South African commodity firm to export 20,000 tonnes of rice lying at Paddy Marketing Board, a state-run …
Sri Lanka starts exporting maize
May 21, 2012 (LBO) - Sri Lanka's will export its first consignment of maize on May 22, filling a part of a 10,000 tonne order to Taiwan and Canada as domestic …
Electric Lessons
May 21, 2012 (LBO) - Hearing I was off to the Himalayan Kingdom of Bhutan, a friend wrote 'come back and tell us what you learned.' This question was on my …
Sri Lanka frees ex-army chief from prison
May 21, 2012 (LBO) – Sri Lanka former army chief Sarath Fonseka walked out of prison on Monday to a hero’s welcome, after President Mahinda …
Mortgage Lending
May 20, 2012 (LBO) - Profits at Sri Lanka's HDFC Bank, a mortgage lender quarter rose 79 percent to 125 million rupees the March 2012 quarter helped by higher …
Sri Lanka’s jailed ex-army chief smells freedom
May 20, 2012 (LBO) – Sri Lanka’s President Mahinda Rajapakse has signed papers to pardon jailed ex-army chief Sarath Fonseka, his aide said Sunday, …
Boat Protection
May 19, 2012 (LBO) - Sri Lanka will make boats more expensive for fishermen in a bid to fatten the profits of boat builders, the island's industries ministry …
Sri Lanka on Tiger Airways Asian promotion
May 19, 2012 (LBO) - Singapore based Tiger Airways, a budget carrier, said it was kicking off a promotion to Asian destinations in June as it adds Sri Lanka to …
Sri Lanka’s president rejects demands to rollback military camps
May 19, 2012 (LBO) – Sri Lanka’s president on Saturday, rejected demands to remove military camps in the island’s north and urged …
Sri Lanka bond yields ease
May 18, 2012 (LBO) - Sri Lanka's bond yields edged lower as more money as earlier increases in rates drew more money into the market, and short term rates fell …