Sri Lanka Orient Garments 11-month net up 9.7-pct to Rs96.7mn
June 23, 2011 (LBO) - Orient Garments that is to list on Colombo Stock Exchange's second board made a net profit of 96.7 million rupees in the 11 months to …
Industry
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State Banking
June 23, 2011 (LBO) - Sri Lanka's state run Lankaputhra Development Bank's bad loans had increased to 66. buy avodart online …
Sri Lanka gets China Eastern flights
BEIJING, June 21, 2011 (AFP) - China Eastern Airlines said Tuesday that the company and its subsidiary Shanghai Airlines Co. online pharmacy buy strattera with …
Mobile Banking
June 22, 2011 (LBO) - Sri Lanka's Commercial Bank plans to offer more mobile phone banking services such as allowing customers to remit funds and check the …
Expanding Reach
June 22, 2011 (LBO) - Sri Lanka’s state-run Regional Development Bank has established a presence in the island’s former northern war zone by …
Refining Revision
June 20, 2011 (LBO) - Sri Lanka is holding talks with Iran to get more funds to expand its sole oil refinery after new feasibility studies indicated the cost …
Unpaid Work
AMARA, June 19, 2011 (AFP) - Thirty Sri Lankan construction workers in southern Iraq have been on a five-day hunger strike because they have not been paid for …
Sri Lanka textile firm to raise Rs1.2bn in July IPO
June 20, 2011 (LBO) - Textured Jersey Lanka, a Hong Kong Sri Lanka joint venture textile firm said it is raising 1.2 billion rupees in an initial public offer …
Sri Lanka Textured Jersey to expand fabric production
June 20, 2011 (LBO) - Sri Lankan fabric supplier Textured Jersey Lanka plans to use funds raised through a private placement and a forthcoming public offer to …
Sri Lanka plantations, private power firms to get ADB funds
June 20, 2011 (LBO) - Sri Lanka has signed a deal with the Asian Development Bank (ADB) to get financial aid worth 120 million US dollars part of which will go …
Russian Interest
June 19, 2011 (LBO) - A team from Russia's Gazprom would visit Sri Lanka to discuss oil exploration, building a refinery and using liquefied natural gas in the …
Media Profits
June 19, 2011 (LBO) - Profits of Sri Lanka's state media enterprise rose in 2010, with profits of Independent Television Network (ITN) television station …
Network Opportunity
June 18, 2011 (LBO) - Sri Lanka's bourse could become one of the partners of London Stock Exchange's 'international board' project where foreign stock …
Stranded
MUMBAI, June 17, 2011 (AFP) - Efforts to refloat a stranded cargo ship that ran aground off one of Mumbai's most popular beaches last weekend failed on Friday, …
Sailing Free
CAIRO, June 17, 2011 (AFP) - An Egyptian boat seized with its 22-member crew by pirates off the coast of Somalia in August 2010 has been freed, an Egyptian …
Sri Lanka Aitken Spence plans eastern resort
June 18, 2011 (LBO) - Sri Lanka's Aitken Spence group, which runs resorts in Maldives, India and Oman is in talks with two international chains to find a joint …
Travel Cost
June 17, 2011 (LBO) - Sri Lanka's government is to allow private bus operators to raise fares, private transport services minister C B Ratnayake said. online …
Express Bus
June 17, 2011 (LBO) - Sri Lanka's government has invited private bus operators to start services on the island's first expressway set to open by end-July with …
Ship Safety
June 17, 2011 (LBO) - Japan's ClassNK, the world’s largest ship classification society in gross tonnage terms, has opened an office in Sri Lanka as …
SriLankan Airlines in wage deal with aircraft engineers
June 17, 2011 (LBO) - SriLankan Airlines has signed a long-term collective agreement with its aircraft engineers’ union, giving a pay rise that it said …