Jubilee Party
May 14, 2012 (LBO) – The British High Commission in Sri Lanka on Monday launched an online competition to give people a chance to attend Britain’s …
Industry
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Fee Boost
May 14, 2012 (LBO) - Sri Lanka's NDB Bank group said net profits in the March 2012 quarter rose 19 percent to 720 million rupees, helped by strong foreign …
Forex Boost
May 14, 2012 (LBO) - Sri Lanka's Commercial Bank of Ceylon, the island's largest private lender in terms said group profits in the March 2012 quarter rose 38 …
Narrow Play
May 13, 2012 (LBO) - Profits at Sri Lanka's PABC Bank was flat at 196 million rupees in the March 2012 quarter as interest margins narrowed and personnel …
Battling Rates
May 12, 2012 (LBO) - Sri Lanka's Nations Trust Bank group said net profits for the March 2012 quarter rose 8 percent from a year earlier to 405 million rupees, …
Sri Lanka should ‘ban’ tea imports altogether: Treasury secretary
May 11, 2012 (LBO) - Sri Lanka to 'ban altogether' through regulatory controls all imports of tea, finance secretary P B Jayasundera has said as a section of …
Sri Lanka’s Expolanka gains management control of regional travel firm
May 11, 2012 (LBO) – Sri Lanka's Expolanka Holdings Plc said Friday it had paid 915,000 dollars to buy a 50 percent stake and management control in …
Parts Freedom
May 11, 2012 (LBO) - Sri Lankan boat builders say taxes on imported parts are pushing up production costs while they are losing domestic market share to …
Financial Talent
May 10, 2012 (LBO) - Priyantha Fernando, a retired deputy governor of Sri Lanka's central bank has been appointed a director of Commercial Leasing and Finance …
Sailing Lure
May 09, 2012 (LBO) - Sri Lanka is to hold its third international boat show later this month, looking to increase exports and also create a boating culture in …
Liability Dollarization
May 10, 2012 (LBO) - Sri Lanka's Dialog Axiata, the island's largest mobile operator which also sells fixed access services said it lost 530 million rupees in …
Emirates group post US$629mn profit, core airline net slips
May 10, 2012 (LBO) - Dubai-based Emirates airlines group said profits in the year to March 2012 rose 17.8 percent to 629 million US dollars, thought profits at …
Sri Lanka Taj hotel hit by liability dollarization
May 07, 2012 (LBO) - Profits of Taj Lanka Hotel Plc, a unit of India's Taj Hotels and Resorts Ltd, plunged 87 percent to just 6.7 million rupees in the March …
Sri Lanka Hilton property in US$45mn upgrade: report
May 06, 2012 (LBO) - Hotel Developers Ltd, a state-run property where Colombo's Hilton is housed will go a 45 million US dollar refurbishment, as it gears up …
Sri Lankan lantern makers feel the pinch from Chinese rivals
May 5, 2012 (LBO) – They are round in shape, colourful, sturdy, covered with cloth, with a little Buddhist flag competing for attention among pictures of …
Japanese deputy premier tours Sri Lankan hydro power plant
May 5, 2012 (LBO) –Japan’s Deputy Prime Minister Katsuya Okada, began his second day in Sri Lanka on Saturday touring the island’s last hydro …
Sri Lanka’s Asia Leisure in Japan tie for beach resort
May 05, 2012 (LBO) - Teoria Investment Company Limited, a Japan based company is investing two million US dollars in a beach resort built by Sri Lanka's Asia …
SriLankan extends wings to Jaffna Peninsula
May 04, 2012 (LBO) – SriLankan Airlines on Friday extended wings to the northern tip of the island, opening a branch in the Jaffna Peninsula. The …
Sri Lanka chamber in link with BRICs counterpart
May 03, 2012 (LBO) - Sri Lanka's Ceylon Chamber of Commerce said it had signed a deal with its counterpart representing Brazil, Russia, India, China and South …
Road Plan
May 03, 2012 (LBO) - Sri Lanka is planning to firm up private finance for a 1. online pharmacy buy spiriva inhaler with best prices today in the USA 5 billion …