High Rating
Aug 22, 2011 (LBO ) - Sri Lanka's Commercial Bank of Ceylon has been rated 'AA+' by Ram Rating Lanka with a stable outlook, which the rating agency said was …
Industry
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Debt Rating
Aug 22, 2011 (LBO) - Fitch Ratings Lanka has assigned Hatton National Bank's (HNB) proposed subordinated debentures of up to 2.0 billion rupees a national …
Sri Lanka Hilton reveals Rs10.3bn accumulated losses
Aug 22, 2011 (LBO) - Sri Lanka's Colombo Hilton hotel has filed its first accounts in about 20 years, revealing a loss of 1. buy sildalis online …
Sri Lanka Tokyo Cement in power sale deal
Aug 22, 2011 (LBO) - Sri Lanka's Tokyo Cement Company (Lanka) has signed a deal with the state power utility, Ceylon Electricity Board, to sell electricity …
Sri Lanka ‘trishaw’ tour draws adventure tourists
Aug 21, 2011 (LBO) - Adventurous travelers from Australia to Austria have set off on a three-wheeler drive from Sri Lanka's international airport to the far …
Sri Lanka Asia Capital to invest in hotels
Aug 20, 2011 (LBO) - Sri Lanka's listed Asia Capital, which has interests in financial services, leisure, will invest 700 million rupees in hotels and plans to …
Sri Lanka state carrier may acquire six Boeing-777s
Aug 20, 2011 (LBO) - State-run Sri Lankan Airlines will boost its fleet to 28 aircraft over the next four years, which may also include up to six Boeing 777 …
Sri Lanka hotel to be managed by Thailand’s Centara
Aug 19, 2011 (LBO) - Thailand's Centara leisure group will manage a hotel in Sri Lanka's Southwestern coast which will have 160 rooms when it is expanded and …
Sri Lanka to build larger wind farms
Aug 19, 2011 (LBO) - Sri Lanka's renewable energy agency is setting up 'wind energy parks' to allow investors to build larger plants on a negotiated tariff …
Sri Lanka ASP surfing meet to raise sport tourism profile
Aug 17, 2011 (LBO) - A combined men and women's' professional surfing event in Sri Lanka's Arugam Bay sponsored by national carrier SriLankan Airlines will …
Sri Lanka tourism body to have industry participation
Aug 18, 2011 (LBO) - Sri Lanka will set up a single tourism authority with industry participation as the apex body to set policy and regulate the sector, …
Fulltime Path
Aug 17, 2011 (LBO) - Residents in Sri Lanka could enroll as fulltime students of University of Ballarat in Australia through a study centre in Colombo under an …
Oil Attraction
Aug 17, 2011 (LBO) - State-run Russian oil firm Gazprom has visited Sri Lanka for talks on exploring oil off the coast of Mannar in the island's east the …
International Campus
Aug 17, 2011 (LBO) - Sri Lanka is on track to get about ten foreign universities under an initiative to expand tertiary education with Bangkok based Asian …
Financial Gain
Aug 16, 2011 (LBO) - Sri Lanka's LOLC group, which has interests in finance, trading, plantations, energy and leisure said profits for the June 2011 quarter …
Financial Closure
Aug 16, 2011 (LBO) - China Development Banking Corporation will loan 350 million US dollars for a 500 million US dollar container terminal in Colombo to be …
BOT Deal
Aug 15, 2011 (LBO) - A 35-year build operate transfer deal has been signed between state-run Sri Lanka Ports Authority and Colombo International Container …
Group Net
Aug 15, 2011 (LBO) - Group profits of Sri Lanka's NDB Bank fell 8 percent to 396 million rupees in the June 2011 quarter with lower fee income and an 84 …
Hatton Profits
Aug 13, 2011 (LBO) - Sri Lanka's Hatton National Bank group's net profit for the June 2011 quarter rose 6 percent to 1.29 billion rupees from a year earlier, …
Exit Plan
Aug 13, 2011 (LBO) - Sri Lanka's Hatton National Bank said it will exit from Delma Exchange, a remittance house in the United Arab Emirates which expatriate …