Tele Outlook
Nov 17, 2011 (LBO) - Sri Lanka telecom operators are likely continue spend on fiber optics and network upgrades next year to meet post-war demand, though the …
Industry
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Tar Imports
Nov 17, 2011 (LBO) - Sri Lanka has allowed the state Road Development Agency to directly import bitumen for road building in addition to buying from state-run …
Highway Hopes
Nov 17, 2011 (LBO) - Sri Lanka's first high-speed expressway that is to be opened this month lacks adequate roadside space to park vehicles during emergency …
Asset Play
Nov 17, 2011 (LBO) - Asia Asset Finance Limited (AAFL), a Sri Lankan registered finance company that is part of the Asia Capital group, plans to go public with …
Leasing Appetite
Nov 17, 2011 (LBO) - An initial public offer of 390 million shares by Sri Lanka's People's Leasing Company at 18 rupees each has seen lower than expected …
Sri Lanka apparel exporter sees faster lead times
Nov 16, 2011 (LBO) - Brandix, one of Sri Lanka's top apparel exporters, expects lead times to deliver new designs to shrink rapidly in future given fast …
National Aim
Nov 16, 2011 (LBO) - Sri Lanka's Nations Trust Bank plans to become a 'nationwide' bank with a fast branch expansion targeting both savers and small …
Quarterly Snap
Nov 16, 2011 (LBO) - Profits at Sri Lanka's NDB Bank fell 20 percent to 620 million rupees in the September 2011 quarter from a year earlier, on weaker …
Tablet Sales
WASHINGTON, November 14, 2011 (AFP) - Amazon began shipping the Kindle Fire on Monday as initial reviews were mixed for the touchscreen tablet computer seen as …
Sri Lanka knitwear maker to reduce greenhouse gas emissions
Nov 15, 2011 (LBO) - Textured Jersey Lanka, a Sri Lankan knitted fabric maker supplying apparel exporters, has begun work to reduce greenhouse gas emissions, …
Gross Balance
Nov 15, 2011 (LBO) – Profits of Sri Lanka's state-run Bank of Ceylon rose 32 percent to 2.83 billion rupees in the September 2011 quarter from a year …
Petroleum Prospects
Nov 15, 2011 (LBO) - The Sri Lanka unit of Indian Oil Corporation's profit for the September 2011 quarter fell sharply from a year ago with sales staying …
Express Path
Nov 14, 2011 (LBO) - Sri Lanka's first 96 kilometre expressway from the capital Colombo to Galle in the south of the island to be opened in November 27, cost …
Team Effort
Nov 14, 2011 (LBO) - Co-operation among countries with interests in the Indian Ocean is essential to effectively fight Somali piracy against merchant ships …
Higher Profits
Nov 14, 2011 (LBO) - Net profits of Sri Lanka's Commercial Bank of Ceylon rose 45 percent to 2. online pharmacy buy ciprodex with best prices today in the USA …
Sri Lanka’s Galadari Hotel returns to losses
Nov 14, 2011 (LBO) - Galadari Hotels, a firm which owns and operates a five star hotel in Sri Lanka's capital Colombo lost 45 million rupees in the September …
Gas Strike
Nov 14, 2011 (LBO) - Cairn Lanka, a unit of India's Cairn Energy, has made a second gas strike off the northwestern coast of Sri Lanka. online pharmacy buy …
Port Deal
Nov 14, 2011 (LBO) - Agreements to start building the first container terminal by Aitken Spence and China Merchants Holding (International) in a new deep water …
Express Travel
Nov 14, 2011 (LBO) - Sri Lanka will permit public transport to operate on the island's first expressway after buses with safety features are imported, deputy …
Flat Quarter
Nov 11, 2011 (LBO) - Sri Lanka's DFCC Bank group reported profits of 529 million rupees in the September 2011 quarter, hardly changed from 524 million a year …