Sri Lanka stocks end up 0.4-pct
Aug 25, 2011 (LBO) - Sri Lankan share prices closed higher Thursday as some buying interest returned after four days of losses, brokers said. The main All …
Supply Vessels
Aug 25, 2011 (LBO) - Sri Lanka's Colombo Dockyard has won a deal from a Singapore-based owner to build four 78-metre Multipurpose Platform Supply Vessels …
Cost Account
Aug 25, 2011 (LBO) - Sri Lanka's Hambantota port needs extra loans of 147.9 million dollars to cover equipment including cranes, cost escalations in building …
Rocky Tale
Aug 25, 2011 (LBO) - Bunkering at Hambantota port in Sri Lanka's South is to start next month after spending 40 million dollars to demolish a rock blocking the …
Sri Lankan tourism goes wild in September
Aug 25, 2011 (LBO) - Sri Lanka tourism sector would promote and showcase its wildlife assets in September to attract nature loving tourists with the largest …
Sri Lanka tea crop seen matching last year’s record
Aug 25, 2011 (LBO) - Although Sri Lanka's tea crops have fallen in recent months, the island is likely to match last year's record production with output seen …
Another Step
Aug 25, 2011 (LBO) - Sri Lanka will end nearly three decades of emergency rule, President Mahinda Rajapaksa told the island's parliament, which has to renew …
Fugitive Tipster
NEW YORK (AFP) - US regulators have levied a $34.5 million fine against alleged Galleon case insider trading tipster Deep Shah, who is believed to be hiding in …
Legend
SAN FRANCISCO, August 24, 2011 (AFP) - Apple's legendary co-founder and top ideas man Steve Jobs resigned as chief executive Wednesday, the company said, in a …
Sri Lanka T-bill yields flat amid lower acceptance
Aug 24, 2011 (LBO) - Sri Lanka's Treasury bill yields were held flat across maturities with only 64 percent of the offer sold to real bidders at Wednesday's …
Sri Lanka stocks end down 0.7-pct
Aug 24, 2011 (LBO) - Sri Lankan share prices closed lower for the fourth straight day Wednesday, with trading mainly on speculative stocks while there were a …
Port Parley
Aug 24, 2011 (LBO) - An international conference on ports opened in Sri Lanka Wednesday with the head of its port authority saying ports need to urgently need …
Sri Lanka July 2011 tea output falls sharply
Aug 24, 2011 (LBO) - Sri Lanka's July 2011 tea production fell sharply from a year ago, owing to erratic weather conditions, reducing total crop for the year …
Property Trend
Aug 24, 2011 (LBO) - Overseas Realty (Ceylon) Ltd, a unit of Singapore's Shing Kwan group, is on the lookout for fresh projects as a multi tower residential …
HK inflation ‘to worsen’ beyond 16-year high
HONG KONG, August 23, 2011 (AFP) - Hong Kong's inflation has hit a 16-year high and economists warned Tuesday there are signs it will worsen in coming months …
Sri Lanka cement crisis continues amid price controls
Aug 24, 2011 (LBO) - Sri Lanka's construction industry is facing a shortage of about a million 50 kilogram sacks of cement a month, a media report said as …
Sri Lanka stocks slump almost one percent
Aug 23, 2011 (LBO) - Sri Lankan share prices slumped almost one percent Tuesday, falling for the third straight day, with gains in the health sector as …
Sri Lanka tea exporter calls for better labour relations
Aug 23, 2011 (LBO) - A top Sri Lankan tea exporter has suggested more cordial relations between plantations companies and labour unions could reduce …
Talent Pool
Aug 23, 2011 (LBO) - Virtusa, a US-based firm which has a development centre in Sri Lanka, has struck a deal with the island's vocational training body to …
Asia lacks social benefits despite growth: ADB
SINGAPORE, August 23, 2011 (AFP) - Most Asian economies have not done enough to provide good jobs and adequate social benefits for their people, despite rapid …