Sri Lanka’s NDB debenture oversubscribed
June 17,2015 (LBO) – Sri Lanka's National Development Bank’s debt issue was oversubscribed reciving 10 billion rupees during the early hours of the opening …
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Ravi K justifies Insurance corporation MD’s appointment
June 17, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake, justifying the appointment of T. online pharmacy buy diflucan with best prices today in …
Sri Lanka’s pepper to discover Chinese market
June 17, 2015 (LBO) – Sri Lanka’s pepper or the king of spices to enter into Chinese market, with a view to diversify markets-and to cash in on the …
Sri Lankan resort wear brand partners with Zalora – Asia’s largest online fashion store
June 17, 2015 (LBO) – Sri Lanka’s Rum Punch, an exclusive brand of resort wear is to be retailed on Zalora - Asia’s largest online fashion store, later …
Sri Lanka’s FLC Hydro Power commissions its fourth power plant
June 15, 2015 (LBO) – Sri Lanka’s FLC Hydro Power which has interests in building, owning, operating and maintaining hydro power generation facilities in …
Singer Finance to enter the Credit Card business
June 15, 2015 (LBO) - Sri Lanka’s Singer Finance said it plans to launch a credit card in the latter half of this year targeting rural consumers, the company …
Aitken Spence to build two resorts in Maldivian Islands, bullish about tourist potential
June 15, 2015 (LBO) – Sri Lanka’s Aitken Spence group said it plans to start construction of two new resorts in Maldives which will add 360 room to its …
US to test Nestlé’s Maggi after product pulled from Indian shelves
June 13, 2015 (LBO) - United States Food and Drug Administration to test Maggi noodles, which was pulled out from Indian shelves, last week foreign media …
Sri Lanka’s Global Glass to set up Double and Triple Glazed Units, Plans for regional exports
June 12, 2015 (LBO) – Sri Lanka’s Globe Mirror Industries, a glass merchant and a processor, rebranded as Globe Glass, said that it plans to set up a …
EAP Broadcasting to get new rating for debt issue
June 11, 2015 (LBO) – Sri Lanka’s EAP Broadcasting Company Limited said that it has taken all the steps necessary to obtain another rating for its proposed …
Sri Lanka’s Hemas Holdings March net down 17.6-pct
June 11, 2015 (LBO) – Sri Lanka's Hemas Holdings which has interests in consumer goods, power and leisure has posted a profit of 771 million rupees in the …
Sri Lanka’s Seylan Bank launches new breed of credit cards
June 10, 2015 (LBO) – Sri Lanka’s Seylan Bank launched a new line of credit cards eliminating all fees and slashing down the interest rate, the bank said. …
Sri Lanka’s E B Creasy and Lankem reassess direct and indirect investments
Jun 10, 2015 (LBO) – Sri Lanka’s E B Creasy and Lankem says they have assessed their direct and indirect investments and categorized some of them as …
SEC issues directive to hold debt issue of EAP Broadcasting
June 10, 2015 (LBO) – Sri Lanka’s securities watch dog issued a directive to EAP Broadcasting to hold its debt issue citing a conflict of interest arising …
Nestle India to pull out Maggi Noodles off the shelves
June 5, 2015 (LBO) – Nestle India said that it will pull out all the Maggi noodle products from Indian shelves. online pharmacy buy abilify with best prices …
Sri Lanka’s Litro has no plans to increase gas prices; Says no shortage
Jun 05, 2015 (LBO) – Sri Lanka’s Litro Gas Lanka, the largest importer and supplier of Liquid Petroleum Gas (LPG) in the Island, says that there will be no …
Lanka Rating Agency Restrained By SEC from providing new ratings
June 4, 2015 (LBO) -The Securities & Exchange Commission of Sri Lanka (SEC) has taken steps to restrain Lanka Rating Agency Ltd from providing new ratings …
Sri Lanka’s Nawaloka Hospital Enters Elder Care Service Business
EJune 4, 2015 (LBO) – Sri Lanka's Nawaloka Medical Centre (Pvt) Ltd, a subsidiary of Nawaloka Hospital signed a memorandum of understanding with Harmony and …
DFCC Vardhana Bank’s Rs5bn Debt Issue Oversubscribed
June 4, 2015 (LBO) - Sri Lanka's DFCC Vardhana Bank said, that it issued five billion subordinated and senior unsecured listed redeemable rated 5-year listed …
Sri Lanka Chemcel operations to cease
Jun 04, 2015 (LBO) - Archer Daniels Midland, a multinational said that its closing the Sri Lankan unit of chemicals manufacturing, Chemcel (Pvt) limited, in …