Scanned Access
Jan 31, 2012 (LBO) - Sri Lanka Ports Authority plans to install bar code readers at Colombo port to speed up the movement of vehicles moving containers, a …
Industry
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Lease Business
Jan 30, 2012 (LBO) - Sri Lanka's Citizens Development Business Finance Plc, a registered leasing firm, said profits fell 25 percent in the December 2011 …
Sri Lanka land payment made by India’s ITC for hotel: report
Jan 29, 2012 (LBO) - India's ITC group has paid a 50 percent advance payment for beachfront land in Sri Lanka's capital Colombo where it plans to build a …
Tele Trend
Jan 29, 2012 (LBO) - Sri Lanka's fixed wireless users shrank 1.4 percent to 2.63 million in the third quarter of 2011, from a year earlier, but internet users, …
Side Effects
Jan 28, 2012 (LBO) - Liquid assets in Sri Lankan banks are falling and loan to deposit ratios are deteriorating, with some banks reaching 100 percent, Fitch …
Terminal Tales
Jan 27, 2012 (LBO) - The Sri Lanka Ports Authority wants to raise its stake in a new container terminal being built in Colombo and can use funds expected from …
Bank Outlook
Jan 27, 2012 (LBO) - Sri Lanka commercial bank loans may grow 25 percent in 2012 with more lending to small enterprises and retail customers as banks searched …
Sri Lanka Vallibel Power begins hydro electricity supply
Jan 27, 2012 (LBO) - Vallibel Power Erathna, a Sri Lankan mini-hydro power firm, said it has begun commercial operations at a new power plant. A stock exchange …
Online Payment
Jan 26, 2012 (LBO) - The Sri Lanka Ports Authority is to start trials of an electronic cargo payment system at Colombo port in a tie-up with state-owned Bank …
Sailor Boys
Jan 26, 2012 (LBO) - Sri Lanka will sign an agreement with Italy authorities allowing Sri Lankan certified seafarers to work on Italian flagged vessels, …
Travel Card
Jan 26, 2012 (LBO) - Sri Lanka's HSBC has launched a credit card for frequent international travellers which can be used to buy discounted air tickets, hotel …
Parting Gift
Jan 26, 2012 (LBO) - Sri Lanka's Aitken Spence group said it booked a gain of 630 million rupees by selling a 30 percent stake in a container terminal project …
Sri Lanka high rise to be managed by Hyatt: minister
Jan 25, 2012 (LBO) - State-run Sri Lanka Insurance Corporation will lead a consortium to invest and finish a half built high rise which the leisure group Hyatt …
Tablet Rise
TAIPEI, Jan 25 (AsiaPulse) - Tablet computers will contribute enormously to the worldwide semiconductor market by 2015 as different platforms compete to …
Asset Quality
Jan 25, 2012 (LBO) - RAM Ratings Lanka has upgraded the long- and short-term financial institution ratings of Citizens Development Business Finance (CDB) to …
Asset Base
Jan 25, 2012 (LBO) - Fitch Ratings has confirmed Sri Lanka's Vallibel Finance's (VFL) national long-term rating at 'BB-(lka)' with a stable outlook. online …
Sri Lanka Nov 2011 exports up 12-pct
Jan 25, 2012 (LBO) - Sri Lanka's export earnings in November 2011 rose 11.6 percent to 879.3 million US dollars from a year ago, driven mainly by industrial …
Sri Lanka city hotel deep in red
Jan 24, 2012 (LBO) - Galadari Hotels (Lanka) Plc, a hotel in Sri Lanka's capital Colombo said it lost 199.6 million rupees in the December 2011 quarter against …
Tech Leader
Jan 24, 2012 (LBO) - MillenniumIT, a securities trading technology provider said it is expanding a software development complex in Sri Lanka with business …
Sri Lanka ExpoAir resumes Jaffna flights
Jan 24, 2012 (LBO) - ExpoAir, a domestic aviation company in Sri Lanka, has decided to resume regular flights from the capital Colombo to the former northern …