Expanding Platform
Nov 11, 2011 (LBO) - Sri Lanka founded MilleniumIT, now a part of the London Stock Exchange group said it will provide securities trading and clearing …
Industry
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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 …
Hatton Profits
Nov 11, 2011 (LBO) - Profits of Sri Lanka's Hatton National Bank rose 32 percent to 1,380 million rupees in the September 2011 quarter, from a year earlier, …
US List
Nov 09, 2011 (LBO) - Virtusa Corporation, a Nasdaq listed information technology company founded by Sri Lankan born entrepreneurs has been included in a list …
Sri Lanka dealers offer lower prices if older car imports allowed
Nov 09, 2011 (LBO) - Sri Lankan importers of used Japanese vehicles said they can sell cars for around two million rupees each if allowed to import slightly …
Bank Net
Nov 09, 2011 (LBO) - Profits at Sri Lanka's Nations Trust Bank, a unit of John Keells Holdings rose 22 percent to 433 million rupees in the September 2011 …
Leasing Interest
Nov 09, 2011 (LBO) - An initial public offer of shares by Sri Lanka's People's Leasing Company to raise 7. buy antabuse online …
Sri Lanka named among emerging travel destinations
Nov 09, 2011 (LBO) - The global travel and tourism industry has identified Sri Lanka as part of a group of emerging countries with potential as attractive …
Sri Lanka land to Sheraton after Chinese deal cancelled
Nov 09, 2011 (LBO) - Global hotel chain Sheraton is looking to acquire a plot of prime property in the Sri Lankan capital whose sale without tender to a …
Tele Profit
Nov 08, 2011 (LBO) - Sri Lanka Telecom, the island's only wireline operator, which also owns a mobile firm said profits rose 3 percent to 1,058 million rupees …
State Upgrade
Nov 08, 2011 (LBO) - Sri Lanka's state-run Peoples' Bank has been upgraded by one level to 'AA(lka)' from 'AA-(lka), with a stable outlook on state support and …
Earnings tumble as airlines face new turbulence
SINGAPORE, November 6, 2011 (AFP) - Hefty falls in earnings for aviation giants Singapore Airlines and Emirates are the clearest signs yet of fresh turbulence …
Toll Rate
Nov 07, 2011 (LBO) - The toll for cars using Sri Lanka's first expressway, scheduled to be opened later this month, has been set at 400 rupees for the full …
Gearing Up
Nov 07, 2011 (LBO) Sri Lanka's Hatton National Bank will sell five billion rupees of debt within the next six months to boost capital and prepare itself to …
Cargo Crisis
Nov 06, 2011 (LBO) - Sri Lankan port authorities have agreed to long-standing demands of truckers to open more entrance gates, reduce security checks and …
Finance Recovery
Nov 04, 2011 (LBO) - Sri Lanka's The Finance Company Ltd said it broke even in the September 2011 quarter, recovering from a steep loss a year earlier, helped …
Supply Link
Nov 04, 2011 (LBO) - Construction of transport infrastructure like ports and airports positions Sri Lanka to be a regional trade hub just like Dubai and …
Union Status
Nov 04, 2011 (LBO) - Sri Lanka's Union Bank reported group net profits of 65.8 million rupees for the September 2011 quarter with profits of its asset …
Sri Lanka Hayleys Knitting Mills in Sept quarter loss
Nov 04, 2011 (LBO) - Sri Lanka's Hayleys MGT Knitting Mills (HMGT) made a loss of 1.7 million US dollars in the September 2011 quarter compared with a 486,095 …
Wake Up
Nov 03, 2011 (LBO) - Sri Lanka's banking regulator has urged bank directors to be more diligent and use their skills to ensure the health of their own …