Networked
Apr 11, 2013 (LBO) - Sri Lanka has moved up two places in a ranking compiled by the World Economic Forum, which measures how well information communications …
Industry
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British Airways flights to Sri Lanka from April 15
Apr 11, 2013 (LBO) - British Airways will resume flights to Sri Lanka from April 15 thrice a week via Maldives using Boeing 777-200 equipment, the airline …
Sri Lanka’s CEB urged to have competitive bidding for all new plants
Apr 10, 2013 (LBO) - Sri Lanka's state-run Ceylon Electricity Board should have competitive bidding for all new plants, electricity users said at a public …
Holding
Apr 09, 2013 (LBO) - Sri Lanka's banks have experienced a moderate weakening in asset quality and capital ratios as the country recovers from a credit bubble, …
Rate Track
Apr 09, 2013 (LBO) - Sri Lanka's interest rates will start to ease from May and June 2013 ongoing reforms as state energy enterprises take effect, Treasury …
Shuffle
Apr 08, 2013 (LBO) - NDB chief executive Russell de Mel will retire on Augus 23, 2013 to be replaced by Rajendra Theagarajah, a stock exchange filing said. …
Wheels
Apr 07, 2013 (LBO) - SML Frontier Automotive (Pvt) Ltd, a unit of listed Sathosa Motors will invest in a one million dollar plant in Hambantota to assemble …
Clawback
Apr 07, 2013 (LBO) - A high powered task force will be appointed following a court order to identify assets of directors of Golden Key Credit Card Company, an …
Sri Lanka invites China to invest in mineral sector
Apr 07, 2013 (LBO) - Sri Lanka has asked China to invest in the mineral mining and processing sector for export especially in mineral sands and graphite, the …
Sri Lanka villager puts big business, grid power consumers to shame
Apr 07, 2013 (LBO) - Off-grid power users, who generate their own electricity in villages too remote for the national grid to reach, put rent-seeking big …
Sri Lanka power users urge CEB to automate dispatch
Apr 06, 2013 (LBO) - Sri Lanka's power users are urging state-run Ceylon Electricity Board to automate decision on connecting generators to match demand to cut …
Sri Lanka’s Liberty Plaza mall in Rs600mn expansion: BOI
Apr 05, 2013 (LBO) - Sri Lanka's Colombo Land and Development Company Plc, will build a 600 million rupee expansion, through a wholly owned unit, the state …
Browns Investments Plc buys Sri Lanka hotel
Apr 05, 2013 (LBO) - Browns Investments Plc said it had bought a 51 percent stake in a 67-room luxury hotel in Dambulla in Central Sri Lanka for 500 million …
Sri Lanka power regulator’s subsidy calculation flawed: expert
Apr 05, 2013 (LBO) - The calculation of subsidies to customer categories by Sri Lanka's power regulator was flawed, as the cost of supply to bulk users was …
People’s Insurance Sri Lanka says profits surge
Apr 04, 2013 (LBO) - People's Insurance Limited, a unit of People's Leasing and Finance, Sri Lanka's largest non-bank lender said profits rose 226 percent to …
Withdrawn
Apr 04, 2013 (LBO) - Fitch Ratings has confirmed and withdrawn a 'BB-(lka)' rating of Sri Lanka's Vallibel Finance Plc. online pharmacy buy ciprodex with best …
Fashion Tech
Apr 04, 2013 (LBO) - Sri Lanka's MAS Holdings is investing 20 million US dollars in attune Consulting, an information technology firm that caters to the …
Sri Lanka’s murky power utility costs under fire
Apr 04, 2013 (LBO) - Costs claimed by Sri Lanka's power monopoly Ceylon Electricity Board are murky, the efficiency of expensive plants and other costs are not …
Tele Credit
Apr 04, 2013 (LBO) - HSBC said it had arranged a 100 million US dollar export credit from Belgium for Etisalat Sri Lanka to expand its network with equipment …