Side Effects
Jan 28, 2012 (LBO) - Liquid assets in Sri Lankan banks are falling and loan to deposit ratios are deteriorating, with some banks reaching 100 percent, Fitch …
Jan 28, 2012 (LBO) - Liquid assets in Sri Lankan banks are falling and loan to deposit ratios are deteriorating, with some banks reaching 100 percent, Fitch …
DAVOS, (Asia Pulse) - With HCL Technologies announcing 10,000 jobs for locals in the US and Europe, India Inc on Thursday chose the WEF meet to send a strong …
Jan 27, 2012 (LBO) - Sri Lankan closed sharply higher Friday recovering more ground after recent heavy losses with turnover also high and investors buying into …
Jan 27, 2012 (LBO) - The Sri Lanka Ports Authority wants to raise its stake in a new container terminal being built in Colombo and can use funds expected from …
Jan 27, 2012 (LBO) - Sri Lanka commercial bank loans may grow 25 percent in 2012 with more lending to small enterprises and retail customers as banks searched …
Jan 27, 2012 (LBO) - Sri Lanka's production of CTC (crush, tear, curl) type teas, used mainly in tea bags, rose sharply in 2011, although overall output was …
Jan 27, 2012 (LBO) - Sri Lanka's Watawala Plantations said December 2011 quarter net profit fell 39 percent to 158 million rupees from a year ago, with a …
NEW DELHI, Jan 27 (Asia Pulse) - India and Pakistan are closer to agreeing on a transit fee and a joint strategy to develop gas fields and import the …
Jan 27, 2012 (LBO) - Vallibel Power Erathna, a Sri Lankan mini-hydro power firm, said it has begun commercial operations at a new power plant. A stock exchange …
Jan 27, 2012 (LBO) - A series of construction contracts given to Chinese firms mostly with borrowed money from China which will have to re-paid by Sri Lanka, …
Jan 26, 2012 (LBO) - Sri Lanka's stock closed up 0.65 percent Thursday recovering losses for the second day, with turnover rising, and index heavy John Keells …
Jan 26, 2012 (LBO) - Sri Lanka will sign an agreement with Italy authorities allowing Sri Lankan certified seafarers to work on Italian flagged vessels, …
Jan 26, 2012 (LBO) - The Sri Lanka Ports Authority is to start trials of an electronic cargo payment system at Colombo port in a tie-up with state-owned Bank …
Jan 26, 2012 (LBO) - Sri Lanka's Aitken Spence group said it booked a gain of 630 million rupees by selling a 30 percent stake in a container terminal project …
Jan 26, 2012 (LBO) - Sri Lanka's HSBC has launched a credit card for frequent international travellers which can be used to buy discounted air tickets, hotel …
Jan 26, 2012 (LBO) - A Sri Lankan business chamber is negotiating with immigration authorities to secure special passports for business people to help them cut …
Jan 26, 2012 (LBO) - The State of Qatar is in talks with Sri Lanka to build a toll expressway from the island's main international airport to the northwestern …
Jan 26, 2012 (LBO) - Sri Lanka should not intervene excessively to maintain a peg with the US dollar, economic development minister Basil Rajapaksa said as …
Jan 26, 2012 (LBO) - Sri Lanka has to grow more food to reduce imports which will help strengthen the exchange rate, Treasury Secretary P B Jayasundera said, …
Jan 25, 2012 (LBO) - Sri Lanka's foreign exchange reserves fell 23.4 percent to 6,201 million US dollars in November 2011 or 1,897.8 million US dollars from an …