Combank
Aug 12, 2011 (LBO) - Sri Lanka's Commercial Bank of Ceylon's net profits in the June 2011 quarter rose 63.8 percent to 1.97 billion rupees, amid strong credit …
Industry
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Pole Position
Aug 11, 2011 (LBO) - Sri Lanka's brand new automobile market is dominated by India's Maruti and Toyota is leading the re-conditioned or imported used car …
Tablet Wars
SAN FRANCISCO, August 12, 2011 (AFP) - US technology giant Hewlett-Packard (HP) on Thursday cut the price of its freshly-launched TouchPad tablet computers in …
Sri Lanka Softlogic buys insurer
Aug 12, 2011 (LBO) - Sri Lanka's Softlogic Holdings group today brought a 73.5 percent stake in Asian Alliance Insurance, a listed insurer for 3,308 million …
Health Expansion
Aug 12, 2011 (LBO) - Sri Lanka's Hemas group is expanding its healthcare business with land bought in Battaramulla to build a new hospital near the island's …
Sri Lanka tourist arrivals up 32-pct in July
Aug 11, 2011 (LBO) - Sri Lanka's tourist arrivals rose 32 percent to 63,339 in July 2011 with visitors in the first seven months rising 36 percent to 465,324 …
Auto Profits
Aug 10, 2011 (LBO) - Sri Lanka's Diesel and Motor Engineering Company, an auto importer and distributor said net profits in the June 2011 quarter rose 321 …
Tele Status
Aug 09, 2011 (LBO) - Sri Lanka Telecom said 19 labour unions are engaged in trade union action but services to customers are being maintained. online pharmacy …
Tele Profits
Aug 09, 2011 (LBO) - Sri Lanka Telecom, the island's only wireline operator which also has a mobile unit, said its June 2011 quarter profits rose 49 percent to …
Sri Lanka Aviva returns to profit in June
Aug 09, 2011 (LBO) - Sri Lanka's Aviva NDB Insurance earned profits of 34 million rupees in the June 2011 quarter returning from a loss of 46 million rupees a …
Sri Lanka’s HNB Assurance June net steady
Aug 09, 2011 (LBO) - Sri Lanka's HNB Assurance, a unit of listed Hatton National Bank said profits in the June 2011 quarter rose 2 percent to 24.6 million …
Oil Status
VIENNA, August 9, 2011 (AFP) - The OPEC group of petroleum exporting countries slightly lowered its forecast Tuesday for 2011 and 2012 crude oil demand, citing …
Sri Lanka to start seaplane flights to Arugam Bay
Aug 09, 2011 (LBO) - State-run SriLankan Airlines said it would start floatplane flights to the Arugam Bay, an internationally popular surfing hotspot in Sri …
Credit Trend
Aug 08, 2011 (LBO) - Sri Lanka's credit to business from commercial banks rose 34. buy cipro online …
Sri Lanka Insurance Corporation ‘AAA’ rating confirmed: RAM
Aug 08, 2011 (LBO) - Sri Lanka Insurance Corporation's AAA claims paying rating has been confirmed by RAM Ratings with a stable outlook, based on its …
AirAsia ‘seeks control’ of rival Malaysia Airlines
KUALA LUMPUR, August 8, 2011 (AFP) - Fast-growing budget airline AirAsia is pushing for management control of loss-making rival Malaysia Airlines under a …
Sri Lanka commissions 500kW solar plant
Aug 08, 2011 (LBO) - Sri Lanka has commissioned a 500 kiloWatt solar power plant in Hambantota in the south of the island built with Korean help, the island's …
Sri Lanka Textured Jersey says June net up 136-pct
Aug 06, 2011 (LBO) - Sri Lanka's Textured Jersey, a knitwear making unit of Sri Lanka's Brandix apparel group said profits in the June 2011 quarter rose 136 …
Margin Play
Aug 05, 2011 (LBO) - Sri Lanka's Nations Trust Bank group June 2011 quarter profits rose 29 percent to 360 million rupees helped by a provision reversal and …
Pay TV
Aug 05, 2011 (LBO) - Sri Lanka's Dialog Television, a top pay TV operator which is a unit of telecom operator Dialog Axiata said subscribers grew 16 percent by …