Retail Strength
Jan 23, 2012 (LBO) - Fitch Ratings Lanka has assigned Abans (Private) Limited's proposed senior unsecured debenture issue of up to 500 million rupees a …
Bacteria Battle
Jan 23, 2012 (LBO) - Sri Lanka has completed the first phase of a four-year project to study microbial resistance to antibiotics, which is a serious problem …
Indian food prices ease for third week
NEW DELHI, Jan 23 (AsiaPulse) - Indian food inflation remained in the negative zone for the third straight week, at (-)0.42 per cent for the week ended January …
Indian regulator fines 17 entities for securities fraud
MUMBAI, Jan 23 (AsiaPulse) - Indian regulator Sebi has imposed penalty totalling Rs 24 lakh (US$47,788) on 17 entities on charges ranging from non-disclosure …
Sri Lanka reconciliation, secular republics in focus
Jan 23, 2012 (LBO) - Building a secular state can prevent oppression of minorities and victims of an arbitrary state should learn to forgive but must also …
Crude Options
Jan 23, 2012 (LBO) - Sri Lanka will be able to import crude from Iran for at least six months before US sanctions make it impossible for payments to be made to …
Sri Lanka private carrier resumes flights to north
Jan 22, 2012 (LBO) - Sri Lanka's Expo Aviation will recommence twice daily flights to Jaffna in Sri Lanka's north using a 12-seater Cessna Grand Caravan …
Sri Lanka shares end down
Jan 20, 2012 (LBO) - Sri Lankan shares ended weaker once again Friday amid continuing selling pressure with turnover also falling, brokers said. online …
Merger Watch
Jan 20, 2012 (LBO) - Fitch Ratings Lanka said it has maintained Ceylease Financial Services' 'BB+(lka)' National Long-Term rating on Rating Watch Evolving …
Sri Lanka seen needing to improve land, labour productivity
Jan 20, 2012 (LBO) - Sri Lanka's plantation companies are in crisis with high costs and falling commodity prices that only greater labour and land productivity …
Recycling Venture
Jan 20, 2012 (LBO) - Sri Lanka's Kalhari Group has tied up with Epsi Computers for safe disposal of electronic waste which will be exported for recycling, a …
Sri Lanka to discourage raw commodity exports
Jan 20, 2012 (LBO) - Sri Lanka's decision to raise taxes on exports in raw form and reduce those for raw material imports is to encourage local manufacture and …
Sri Lanka Treasuries yields flat
Jan 19, 2012 (LBO) - Yields on Sri Lankan Treasury Bills remained mostly flat at Wednesday's auction for the fourth consecutive week, with 12,693 million …
Sri Lanka shares end down one-pct
Jan 19, 2012 (LBO) - Sri Lankan shares slumped again Thursday as selling pressure continued despite the regulator agreeing to demands from stock brokers to …
Rail Support
Jan 19, 2012 (LBO) - IRCON International Ltd, an Indian company in railway infrastructure, has completed and handed over part of a rail track in southern Sri …
Load Level
Jan 19, 2012 (LBO) - Sri Lanka's road development agency has allowed heavy vehicles to use the island's first expressway opened late last year linking the …
Legal Forum
Jan 19, 2012 (LBO) - Sri Lanka will be hosting a conference February initiated by the International Association of Young Lawyers (AIJA) which will also …
Cement prices in India set to rise
NEW DELHI, Jan 19 (Asia Pulse) - The price of a 50-kg bag of cement in India may go up by as much as Rs 9 (USNEW DELHI, Jan 19 (Asia Pulse) - The price of a …
Sri Lanka power projects eyed by Marubeni
Jan 19, 2012 (LBO) - Japan's Marubeni Corporation plans to return to Sri Lanka and is keen on investing in power projects including supplying liquefied natural …
Sri Lanka coal power plant to get tax breaks
Jan 19, 2012 (LBO) - A 500 mega watt capacity coal plant to be built in eastern Sri Lanka with Indian aid is to get a range of tax exemptions and priority in …