Vehicle Taxes
Nov 15, 2012 (LBO) - Prices of small cars may go up by 200,000 and trucks by about 400,000, and three wheelers by about 25,000 following tax changes announced …
Industry
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Tight Quarter
Nov 15, 2012 (LBO) - Profits at Sri Lanka's Sampath Bank group fell 9. buy vibramycin online vibramycin online generic 1 percent to 1.04 billion rupees in the …
Sri Lanka’s Aitken Spence building 200MW power plants in Bangladesh
Nov 15, 2012 (LBO) - Sri Lanka's Aitken Spence group, which has interests in tourism, logistics and power generation said it will build two oil fired power …
Gateway Deal
Nov 15, 2012 (LBO) - MillenniumIT, a Sri Lanka based unit of the London Stock Exchange has signed a deal to provide Hong Kong Exchanges and Clearing Limited …
Finance Rating
Nov 14, 2012 (LBO) - Sri Lanka's Fitch Ratings has confirmed an 'A+(lka)' rating of Central Finance Company Plc, the country's largest finance company at the …
Tele Growth
Nov 14, 2012 (LBO) - Sri Lanka Telecom group, which owns the island's only wireline network and also has mobile and wireless fixed services, said profits in …
Growth Spurt
Nov 13, 2012 (LBO) - Fitch Ratings has confirmed a 'BB+(lka)' rating of Trade Finance and Investment Plc (TFI), with a stable outlook, saying recent fast …
Oil Gains
Nov 12, 2012 (LBO) - Lanka IOC, a unit of Indian Oil Corporation said profits in the September 2012 quarter rose 327 percent from a year earlier, partly helped …
Steady Quarter
Nov 12, 2012 (LBO) - Sri Lanka's NDB group profits edged 3 percent lower to 678 million rupees in the September 2012 quarter from a year earlier, with interest …
Sri Lanka’s Udawalawe National Park area gets 4-star resort: report
Nov 11, 2012 (LBO) - A 55-room 4-star class resort will open in the coming winter season in Thanamalwila near Sri Lanka's Udalawalawe national wildlife park, a …
Sri Lanka gives tax breaks for renewable energy
Nov 09, 2012 (LBO) - Sri Lanka has cut taxes on renewable energy equipment and given accelerated depreciation allowances for renewable energy investments and …
Sri Lanka military opens more hotels, creates resort brand
Nov 09, 2012 (LBO) - Sri Lanka's army has opened its third resort hotel and also created a brand as part of efforts to add more rooms to cater to an influx of …
Sri Lanka bank profits for farmer insurance
Nov 08, 2012 (LBO) - Sri Lankan banks will be asked to pay one percent of their profits to a national insurance fund to help farmers from next year, the …
Retail Tax
Nov 08, 2012 (LBO) - Sri Lanka has extended value added tax to the retail trade starting with supermarkets with a turnover above 500 million rupees a quarter, …
Net Economy
Nov 08, 2012 (LBO) - Sri Lanka will halve taxes on high-speed broadband services to 10 percent to make the service cheaper in an effort to develop the island's …
Sports Break
Nov 08, 2012 (LBO) - Sri Lanka will cut taxes on racing cars and give valued added and turnover based tax relief to sports related economic activities …
Top Lender
Nov 07, 2012 (LBO) - Sri Lanka's Commercial Bank's profits rose 11. online pharmacy buy abilify with best prices today in the USA buy champix online …
Sri Lanka knitted fabric maker cuts losses
Nov 06, 2012 (LBO) - Sri Lanka's Hayleys MGT Knitting Mills Plc, knitted fabric marker said it has cut losses and improved gross margins after going through a …
Sri Lanka hydro capacity up to 58-pct – Update
Nov 06, 2012 (LBO) - Storage at Sri Lanka's reservoirs have risen to 58 percent of capacity or enough to generate 738 million units of electricity during the …
Fashion Trend
Nov 06, 2012 (LBO) - Sri Lanka's Odel Plc, a 44 percent owned by Parkson Retail Asia said profits fell 15 percent to 104 million rupees, from a year earlier as …