Buyers from Sri Lanka, India, China eye lakefront land
Aug 13, 2011 (LBO) - Prime land facing a lake in Sri Lanka's capital Colombo is being eyed by buyers from India, China as well as large local business groups …
Sri Lanka stocks rebound one percent
Aug 12, 2011 (LBO) - Sri Lankan stocks rebounded one percent Friday, with an active retail and high net worth market players participation and a large …
Pole Position
Aug 11, 2011 (LBO) - Sri Lanka's brand new automobile market is dominated by India's Maruti and Toyota is leading the re-conditioned or imported used car …
Combank
Aug 12, 2011 (LBO) - Sri Lanka's Commercial Bank of Ceylon's net profits in the June 2011 quarter rose 63.8 percent to 1.97 billion rupees, amid strong credit …
Health Expansion
Aug 12, 2011 (LBO) - Sri Lanka's Hemas group is expanding its healthcare business with land bought in Battaramulla to build a new hospital near the island's …
Tablet Wars
SAN FRANCISCO, August 12, 2011 (AFP) - US technology giant Hewlett-Packard (HP) on Thursday cut the price of its freshly-launched TouchPad tablet computers in …
Sri Lanka’s elephant census begins despite boycott
MINNERIYA, August 12, 2011 (AFP) - Thousands of workers, soldiers and volunteers fanned out across Sri Lanka on Friday to begin the country's first national …
India’s Religare expands into Africa
Aug 11, 2011 (LBO) - India's Religare Capital Market Limited (RCML) said a recent purchase of South Africa's Noah Financial Innovation will be a base for …
Sri Lanka sells US$166mn floating rate bonds
Aug 11, 2011 (LBO) - Sri Lanka sold 166 million US dollars of bonds based on 6-month London Interbank Offered rate extending tenors up to 5-years mainly …
Sri Lanka tourist arrivals up 32-pct in July
Aug 11, 2011 (LBO) - Sri Lanka's tourist arrivals rose 32 percent to 63,339 in July 2011 with visitors in the first seven months rising 36 percent to 465,324 …
Lawlessness
Aug 11, 2011 (LBO) - Friday Forum, a Sri Lankan citizens group fighting to re-establish rule of law and liberal democracy, has raised fresh concerns about …
Death Sentence
NEW DELHI, August 11, 2011 (AFP) - India's president has rejected mercy pleas from three men convicted of the 1991 assassination of then prime minister Rajiv …
Sentencing Plea
Aug 11, 2011 (LBO) - Lawyers for Raj Rajaratnam, a Sri Lanka born fund manager convicted of insider trading, said he should be dealt leniently because of his …
Sri Lanka urban agency plans Colombo JV development
Aug 11, 2011 (LBO) - Sri Lanka's Urban Development Authority will call proposals for a joint venture commercial development in a nine acre state land in the …
Sri Lanka US$400mn lakefront mall by India group
Aug 11, 2011 (LBO) - Indocean Developers (Pvt) Ltd, a firm backed by an Indian property group, will build a 400 million US dollar shopping and residential …
Sri Lanka Treasuries yields flat
Aug 10, 2011 (LBO) - Sri Lanka's Treasuries yields were flat at Wednesday's auction with 3-month bills fetching 7. buy zofran online …
Sri Lanka stocks rebound 1.03 percent
Aug 10, 2011 (LBO) - Sri Lankan stocks closed up 1.03 percent Wednesday in a retail driven rally anticipating a relaxation of margin buying rules with property …
Auto Profits
Aug 10, 2011 (LBO) - Sri Lanka's Diesel and Motor Engineering Company, an auto importer and distributor said net profits in the June 2011 quarter rose 321 …
Sri Lanka eastern farmers to grow sea bass, mussels, oysters: USAID
Aug 10, 2011 (LBO) - Farmers in Trincomalee in eastern Sri Lanka are growing sea bass in cages as part of a larger aquaculture project involving 1,300 people …
Sri Lanka war ravaged rice mill gets ILO help
Aug 10, 2011 (LBO) - The International Labour Organization is helping a co-operative society in northern Sri Lanka rebuild a war-damaged rice mill, which will …