Ad Awards
Sept 24, 2012 (LBO) - Organizers of Sri Lanka's 'Effie Awards' is seeking advertisements and other marketing communications works in mainstream or alternative …
Industry
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Sri Lanka to connect former war zone to national power grid
Sept 21, 2012 (LBO) - Sri Lanka's state-run Ceylon Electricity Board will connect the northern Jaffna peninsula to the national power grid on September 25, …
Eating Out
Sept 21, 2012 (LBO) - Cargills (Ceylon) Plc said it had struck deal with US based TGI Friday's Restaurant Inc, to operate a chain of franchise restaurants in …
Supported Rating
Sept 20, 2012 (LBO) - An 'A-(lka)' rating of Sri Lanka's Seylan Bank, the island's sixth largest bank has been confirmed by Fitch Ratings with a stable outlook …
India to relax garment import quota from Sri Lanka
Sept 20, 2012 (LBO) - India will increase a garment import quota by three million pieces a year to eight million without a sourcing requirement being imposed …
Kero Trend
Sept 20, 2012 (LBO) - Sri Lanka's kerosene sales have come down after a price hike in February that reduced a subsidy given by tax payers, while highly taxed …
Sri Lanka state carrier opens sales office in Hambantota
Sept 20, 2012 (LBO) - State-run SriLankan Airlines said it is opening a sales office in Hambantota in the island's south. online pharmacy buy diflucan with …
Bank Rating
Sept 20, 2012 (LBO) - RAM Ratings has confirmed an 'AAA' long term and 'P1' short term rating of Sri Lanka's Standard Chartered Bank branch, with a stable …
Sri Lanka’s Janashakthi Insurance targets 15-pct top line growth
Sept 19, 2012 (LBO) - Sri Lanka's Janashakthi Insurance, which marks 18 years of operations in September, is expecting revenues to grow 15 percent to 8. online …
Sri Lanka raids fake ICC T20 cricket clothing stores
COLOMBO, Sept 19, 2012 (AFP) - Sri Lanka's police raided a factory turning out counterfeit ICC World Twenty20 T-shirts and seized stocks of spurious …
Sri Lanka destination promotion during Twenty20 cricket series
Sept 18, 2012 (LBO) - Sri Lanka's tourism promotion office said it will promote the Indian Ocean Island during a cricket series in a deal struck with the …
Tele Expansion
Sept 18, 2012 (LBO) - Mobitel, a unit of Sri Lanka Telecom, the island's largest telecom group has signed a 40 million US dollar deal with China's ZTE to build …
Bank Rating
Sept 17, 2012 (LBO) - Fitch Ratings has confirmed an 'AAA(lka)' rating of Sri Lanka's Standard Chartered Bank brand based on support from its parent. online …
Sri Lanka power generation up 5.6-pct in first half
Sept 17, 2012 (LBO) - Sri Lanka's power generation rose 5.3 percent to 5,875 GigaWatt hours (millions of units) in the six month to June from a year earlier, …
Faster Roads
Sept 17, 2012 (LBO) - The Asian Development Bank has approved 98 million US dollars in additional financing to expand a road re-building program in Sri Lanka's …
Logistics
Sept 17, 2012 (LBO) - Sri Lanka's Hemas group said it has formed a logistics company with Forwardair Logistics (Pvt) Ltd, taking 50 percent of the joint …
Steady State
Sept 16, 2012 (LBO) - Fitch Ratings has confirmed an 'AAA(lka)' rating of Sri Lanka's HSBC branch with a stable outlook, citing support from its parent, …
Vehicle Trend
Sept 15, 2012 (LBO) - Sri Lanka's vehicle registrations had fallen 39.5 percent to 27,185 in August 2012, from a year earlier, though there was marginal pick …
Sri Lanka state carrier in code-share flight to Italy
Sept 16, 2012 (LBO) - State-run SriLankan Airlines said it will fly to Rome and Milan code sharing with Italy's Alitalia from September 16. online pharmacy buy …
No Change
Sept 15, 2012 (LBO) - Fitch Ratings has confirmed an 'AAA(lka)' rating of the Sri Lanka branch of Citibank with a stable outlook, saying it is strongly …