Big Lender
Feb 27, 2013 (LBO) - Profits at Commercial Bank of Ceylon, Sri Lanka's largest private lender, rose 22 percent to 2.4 billion rupees in the December 2012 …
Industry
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Sri Lanka AIA unit plans to go private, offer to minority shareholders
Feb 26, 2013 (LBO) - AIA Insurance said it is making an offer to buy out all minority shareholders of its Sri Lanka unit, ahead of plans to go private and made …
Yum Yum
Feb 26, 2013 (LBO) - Sri Lanka's Renuka Shaw Wallace Plc, a consumer goods firm said it had bought a snack brand for 36 million rupees from Hemas group. online …
Credit Trend
Feb 26, 2012 (LBO) - Loans from commercial banks to private borrowers fell to 9.9 billion rupees in December 2012 from 24.1 billion rupees a month earlier …
Capital Costs
Feb 24, 2013 (LBO) - An upgrade to Sri Lanka's 50,000 barrels refinery a day involving doubling of is capacity and boosting light distillate yields could cost …
Fuel Hike
Feb 23, 2012 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has raised petrol by 3.0 rupees to 162 rupees a liter and auto diesel by 6.0 rupees …
Sri Lanka power regulator trims proposed expenses
Feb 22, 2013 (LBO) - Sri Lanka's power regulator has trimmed 33 billion rupees or about 12 percent of expenses proposed by the state-run Ceylon Electricity …
Sri Lanka medical officers to get Allianz cover
Feb 22, 2013 (LBO) - Members of Sri Lanka's Government Medical Officers' Association (GMOA) will be able to get motor insurance with professional liability …
Management Ideas
Feb 22, 2013 (LBO) - The faculty of management studies and commerce of the University of Sri Jayewardenepura is holding an international conference with papers …
Road Finance
Feb 22, 2013 (LBO) - Sri Lanka's Hatton National Bank will provide a 3. online pharmacy buy periactin with best prices today in the USA buy keflex online …
Share Limits
Feb 22, 2013 (LBO) - Sri Lanka's central bank will look at "the need for raising" shareholder ceilings imposed on banks, a media report said, quoting Central …
Sri Lanka and Korea air links to expand
Feb 22, 2013 (LBO) - Sri Lanka and Korea has liberalized an air services agreement allowing traffic rights to third countries which is expanding air links …
India’s NTPC may drop Sri Lanka coal power project: report
Feb 22, 2013 (LBO) - India's state-run National Thermal Power Corporation (NTPC) may pullout of a 500 MegaWatt coal power plant joint venture with Sri Lanka's …
Difficult Terrain
Feb 21, 2013 (LBO) - United Motors Plc, agents for Mitsubishi in Sri Lanka launched a 1.2 litre engined Mirage car into an auto market that has been dented by …
Bridge Financing
Feb 21, 2013 (LBO) - Sri Lanka's Hatton National Bank will provide a loan of 6. buy stendra online …
Sri Lanka textile mill boosts revenue, profits
Feb 20, 2013 (LBO) - Sri Lanka's Kuruwita Textiles said boosted revenues 31 percent in the December 2012 quarter from a year earlier and profits rose 20 …
Sri Lanka to start aerial whale watching
Feb 20, 2013 (LBO) - Simplify, a Colombo based aircraft operator said it planned to offer whale watching services using a newly delivered 5-seater amphibian …
Tele Profits
Feb 20, 2012 (LBO) - Sri Lanka Telecom group, the island's only wireline operator which also has a mobile unit has reported profits of 877 million rupees for …
Sri Lanka entry by Singapore’s SilverNeedle hotels
Feb 19, 2012 (LBO) - Singapore-based SilverNeedle Hospitality said it is entering Sri Lanka with a 200 room hotel as part of a 100 million US dollar joint …
Tax Effects
Feb 19, 2013 (LBO) - Sri Lanka's registrations of BMW luxury cars rose 280 percent in January 2013 from a year earlier following changes to taxes while new …