Gas Trend
May 30, 2012 (LBO) - Sri Lanka's Laugfs Gas Plc, which has interests in cooking gas distribution, emissions testing and leisure posted profits of 639 million …
Industry
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Sri Lanka Singapore businesses in trade push
May 30, 2012 (LBO) - Business chambers of Sri Lanka and Singapore has inked a deal to push trade and economic links between the two countries in the wake of …
Sri Lanka exports drop 10.2-pct in March, import growth slows
May 30, 2012 (LBO) - Sri Lanka's exports dropped 10.2 percent to 835.7 million US dollars in March, a month that saw the steepest depreciation in years, while …
Tough Course
May 29, 2012 (LBO) - Sri Lanka's Expolanka Holding Plc, whose main business is in logistics said net profits rose 2. buy diflucan online …
Sri Lanka’s mini hydro firm hit by drought
May 29, 2012 (LBO) - Sri Lanka's Vallibel Power Erathna Plc, a mini hydro firm, said it lost 13. buy stendra online …
Increased Bookings
May 29, 2012 (LBO) –Sri Lanka’s e-Channelling Plc, which runs a booking engine for doctors, said its profits rose nine-fold to 73.88 million rupees …
Financial Stability
May 28, 2012 (LBO) - Sri Lanka's Central Bank said, The Finance Company, a firm that is being bailed out under regulatory supervision is stable and expressed …
Farm Lending
May 28, 2012 (LBO) - Sri Lanka's Treasury secretary P B Jayasundera said banks should lend more to agriculture and slammed lenders for financing too much trade …
Cloud Computing
May 27, 2012 (LBO) - Adopting 'cloud' technology where computers are knitted together to process and deliver services as demand fluctuates, can help Sri Lankan …
Fast Growth
May 26, 2012 (LBO) - Sri Lanka DFCC Vardhana Bank's profits in the March 2012 quarter rose 161 percent to 150 million rupees from a year earlier, helped by …
Sri Lanka textile maker eyes acquisition, new energy sources
May 25, 2012 (LBO) - Sri Lanka's Textured Jersey Plc, said it wants aquire another plant in South Asia to expand production and is looking to move away from …
Malaysia budget carrier Air Asia profits up 4-pct, demand strong
May 25, 2012 (LBO) - Makaysia's AirAsia, a low cost carrier said profits for the March 2012 rose 4 percent to 167.97 million Ringgit, with revenues growing 11 …
Sri Lanka state carrier adds A320 to fleet
May 25, 2012 (LBO) - State-run SriLankan Airlines said it had taken delivery of an Airbus A320 increasing the type to eight aircraft and the fleet to 21 and …
Boat Park
May 25, 2012 (LBO) - Sri Lanka is seeking foreign investors to build its first marina on the south coast as boating enthusiasts are drawn to the island amid a …
Britain’s Aviva may exit Sri Lanka, South Korea: report
May 24, 2012 (LBO) – British insurer Aviva plc, plans to sell-off its Sri Lankan and South Korean businesses, as part of a broader retreat from sub-scale …
On the Mat
May 24, 2012 (LBO) – Sri Lanka’s securities watchdog has suspended the chief executive of Taprobane Securities Private Limited, pending a probe …
Close Tab
May 24, 2012 (LBO)- Fitch Ratings agency on Thursday cut Sri Lanka’s National Development Bank’s credit outlook to negative, from stable, but its …
Plugging Leaks
May 23, 2012 (LBO) -- Fraudulent practices across business activities has risen over the past two-years in Sri Lanka, with billions of rupees lost each year to …
Some Headway
May 23, 2012 (LBO) - Sri Lanka's listed Mercantile Shipping Company Plc, cut losses in the March 2012 quarter to 1.89 million rupees in the from 18.2 million a …
Sri Lanka Insurance ‘AA(lka)’ rating confirmed
May 22, 2012 (LBO) - Fitch Ratings has confirmed an 'AA(lka)' rating of state-run Sri Lanka Insurance (SLIC), the island's largest insurer by assets, with a …