Football Boost
June 03, 2014 (LBO) - Allianz Lanka, a unit of Germany's Allianz said it will select two young football players for a training camp in Germany with Bayern …
Industry
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Sri Lanka in ‘Coast to Coast’ adventure tourism push
June 3, 2014 (LBO) - Sri Lanka national carrier and Lanka Sportreizen, a travel firm is planning an annual cross-country adventure tournament in an effort to …
Sri Lanka’s LTL Holdings wins Nepal transformer order: report
June 03, 2014 (LBO) - Sri Lanka-based LTL Holdings has won an order to supply more than a 1000 transformer to the Nepal Electricity Authority (NEA), a media …
Basic Principle
June 02, 2014 (LBO) - A credit to guarantee to encourage banks to lend more against gold may help reduce the build-up of bad loans, but pawning loans are not …
Hub Ambition
Over the course of five years since the end of the war, Sri Lanka has embarked on an ambitious physical infrastructure drive, with the aim of taking advantage …
John Keells Holdings’ ‘Cinnamon Red’ business hotel on track
May 31, 2014 (LBO) - John Keells Holdings said its 'Cinnamon Red' business hotel in Sri Lanka's capital Colombo will open during the current financial year. …
Credit Trend
May 28, 2014 (LBO) - Sri Lanka's banks are lending money to industry and services, but the total loan stock is not growing fast because of contracting gold …
Tariff Dilemma
May 27, 2014 (LBO) - Sri Lanka's telecom companies have to share networks and invest together to cut broadband costs as higher margin voice usage gives way to …
Sri Lanka’s Aitken Spence March 2014 quarter profits up 12-pct
May 27, 2014 (LBO) - Profits at Sri Lanka's Aitken Spence, which has interests in leisure, logistics and power rose 12 percent from a year earlier to 1. buy …
School System
May 27, 2014 (LBO) - Sri Lanka has started testing mathematics e-learning programs in the country's school system to decide whether such courses should be used …
Second Plan
May 27, 2014 (LBO) - Sri Lanka's Central Bank, said it had given a liquidity facility to The Finance Company, and has also changed the board under a new …
China turns expressway into military airstrip: reports
BEIJING, May 26, 2014 (AFP) - China has flown warplanes on to and from a civilian road for the first time, state media said Monday, a technique which could be …
Sri Lanka exports surge 28.6-pct in March, trade gap narrows
May 26, 2014 (LBO) - Sri Lanka's exports surged 28. online pharmacy buy spiriva inhaler with best prices today in the USA 6 percent in March 2014 from a year …
Vehicle Trend
May 26, 2014 (LBO) - Sri Lanka's commercial vehicle registrations continued were sharply down from a year earlier, especially trucks in April 2014, though …
Credit Positive
May 23, 2014 (LBO) - A credit guarantee scheme announced by Sri Lanka for banks lending against gold is positive for banks which have been hit by defaults, …
Lending Plan
May 22, 2014 (LBO) - Fitch Ratings which confirmed an 'AA-(lka)' rating of Hatton National Bank, Sri Lanka's fourth largest commercial lender by assets said …
Finance Rating
May 22, 2014 (LBO) - Fitch has confirmed a 'A+(lka)' rating of Sri Lanka's Melsta Regal Finance based on expected support from its parent, 'AAA(lka)' rated …
Borrowing Strategy
May 22, 2014 (LBO) - Sri Lankan firms and banks should look at borrowing and lending longer term as interest rates and inflation fall, Central Bank Governor …
Box Repairs
May 22, 2014 (LBO) - Sri Lanka's Aitken Spence group, which has interests in logistics, leisure and energy said it had opened a container repair and rigging …
Leaving
May 20, 2014 (LBO) - Tony Weeresinghe, founder of Sri Lanka based MillenniumIT, is to leave the London Stock Exchange group, a media report said. online …