Terminal Control
Jan 23, 2012 (LBO) - China Merchant Holdings (International), a Hong Kong listed Chinese state firm, is to up its stake in a container terminal venture at Sri …
Industry
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Bacteria Battle
Jan 23, 2012 (LBO) - Sri Lanka has completed the first phase of a four-year project to study microbial resistance to antibiotics, which is a serious problem …
Retail Strength
Jan 23, 2012 (LBO) - Fitch Ratings Lanka has assigned Abans (Private) Limited's proposed senior unsecured debenture issue of up to 500 million rupees a …
Crude Options
Jan 23, 2012 (LBO) - Sri Lanka will be able to import crude from Iran for at least six months before US sanctions make it impossible for payments to be made to …
Fancy Finance
Jan 23, 2012 (LBO0 - Sri Lanka's Senkadagala Finance said net profit rose 106 percent to 146 million rupees in the December 2011 quarter from a year ago. Total …
Sri Lanka private carrier resumes flights to north
Jan 22, 2012 (LBO) - Sri Lanka's Expo Aviation will recommence twice daily flights to Jaffna in Sri Lanka's north using a 12-seater Cessna Grand Caravan …
Merger Watch
Jan 20, 2012 (LBO) - Fitch Ratings Lanka said it has maintained Ceylease Financial Services' 'BB+(lka)' National Long-Term rating on Rating Watch Evolving …
Sri Lanka Richard Pieris mulls hotel venture
Jan 20, 2012 (LBO) - Sri Lanka's Richard Pieris & Company group plans to invest in the hotel sector as part of its diversification strategy amid a boom in …
Recycling Venture
Jan 20, 2012 (LBO) - Sri Lanka's Kalhari Group has tied up with Epsi Computers for safe disposal of electronic waste which will be exported for recycling, a …
Phishing Attacks
Jan 20, 2012 (LBO) - Sri Lanka's cyber security agency has warned bank customers using internet banking services to beware of fake sites that have stolen …
Sri Lanka trade mission to Vietnam in March
Jan 19, 2012 (LBO) - A business delegation from Sri Lanka will visit Vietnam in March to expand trade, investment and tourism, the Ceylon Chamber of Commerce …
Load Level
Jan 19, 2012 (LBO) - Sri Lanka's road development agency has allowed heavy vehicles to use the island's first expressway opened late last year linking the …
Sri Lanka coal power plant to get tax breaks
Jan 19, 2012 (LBO) - A 500 mega watt capacity coal plant to be built in eastern Sri Lanka with Indian aid is to get a range of tax exemptions and priority in …
Rail Support
Jan 19, 2012 (LBO) - IRCON International Ltd, an Indian company in railway infrastructure, has completed and handed over part of a rail track in southern Sri …
Sri Lanka power projects eyed by Marubeni
Jan 19, 2012 (LBO) - Japan's Marubeni Corporation plans to return to Sri Lanka and is keen on investing in power projects including supplying liquefied natural …
Sri Lanka urged to use Senegal duty free market access
Jan 18, 2012 (LBO) - Sri Lankan apparel exporters can use duty free trade deals and cheap labour in the West African state of Senegal to gain access to markets …
Leasing Trend
Jan 18, 2012 (LBO) - People's Leasing Co. online pharmacy buy diflucan with best prices today in the USA , Sri Lanka's largest leasing company, said net profit …
Sri Lanka’s Galle literary festival starts Wednesday
Jan 18, 2012 (LBO) - Sri Lanka's HSBC Galle Literary festival kicks off Wednesday with award winning writers, historians and poets from Canada, England, …
Credit Trend
Jan 17, 2012 (LBO) - Sri Lanka's credit to business from commercial banks rose to a new historic high of 63. online pharmacy buy diflucan with best prices …
Sri Lanka Softlogic to build luxury resort on east coast
Jan 17, 2012 (LBO) - Sri Lanka's Softlogic Holdings group plans to build a luxury resort on the island's east coast with an investment of 200 million rupees in …