Growth Area
Oct 30, 2010 (LBO) - A new Sri Lankan investment fund that opened for subscription Friday is targeting the banking sector which is seen doing well given the …
Industry
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Yard Prospects
Oct 29, 2010 (LBO) - Sri Lanka's Colombo Dockyard delivered the second of a pair of passenger vessels for an Indian customer but warned profitability could dip …
Credit Risks
Oct 29, 2010 (LBO) - Other than Sri Lanka's government Treasury bills, which was free of credit risk, other types of investments even in banks and finance …
SriLankan Airlines adds flights to Maldive islands
Oct 29, 2010 (LBO) - SriLankan Airlines is almost doubling daily flights to the Maldive islands from December 1 to cater to the peak tourism season and also …
Banking Fellow
Oct 28, 2010 (LBO) - K G D D Dheerasinghe, deputy governor of Sri Lanka's central bank has been awarded an honorary fellowship of the Institute of Bankers of …
Personal Liability
Oct 28, 2010 (LBO) - The Sri Lankan government's top legal officer has suggested making directors of banks personally liable if their firms get into trouble …
Offshore Support
Oct 28, 2010 (LBO) - Sri Lankan shipbuilder Colombo Dockyard has secure contracts for two 78-metre Multipurpose Platform Supply Vessels (MPSVs) for Greatship …
Asset Quality
Oct 27, 2010 (LBO) - Sri Lanka's Sampath Bank was given an 'AA' long term rating with a 'stable' outlook and 'P1' short term rating, on better risk management …
Mobile Momentum
Oct 27, 2010 (LBO) - Sri Lankan mobile phone operator Dialog Axiata made a net profit of 1.69 billion rupees in the September 2010 quarter compared with a loss …
Asset Quality
Oct 26, 2010 (LBO) - Sri Lanka's Sampath Bank September 2010 net profit rose 47 percent to 789 million rupees from a year ago as it reversed provisioning for …
Bank Numbers
Oct 26, 2010 (LBO) - Sri Lanka's Pan Asia Bank net profit for the September 2010 quarter rose 87 percent to 129 million rupees from a year ago as interest …
Implied Support
Oct 26, 2010 (LBO) - Sri Lanka's Seylan Bank was assigned a 'BBB+(lka)' National Long-term rating for its proposed senior unsecured redeemable debentures of up …
Sound Profile
Oct 25, 2010 (LBO) - Fitch Ratings Lanka has confirmed the national long-term rating of Sri Lanka's Hatton National Bank (HNB) at 'AA-(lka)' and its …
Sri Lanka coal plant test on schedule despite fire: minister
Oct 25, 2010 LBO) - A planned testing of Sri lanka's first coal-fired power plant will go ahead as scheduled on November 17, despite a fire which broke out …
Sri Lanka state backing for Shangi-La hotel project: report
Oct 25, 2010 (LBO) - Land in a military sports ground in Sri Lanka's capital Colombo would be given to Hong Kong-based Shangri-La group to build a 75 million …
Sri Lanka Aitken Spence proposes city hotel on state land: minister
Oct 25, 2010 (LBO) - Sri Lanka's listed Aitken Spence group has proposed to build a luxury city hotel on excess land owned by a state-run firm in the island's …
Sri Lanka power utility fights fire at Chinese built coal plant
Oct 24, 2010 (LBO) - A fire has broken out at Sri Lanka's first coal burning power plant in Sri Lanka Western coastal town of Norochcholai which was scheduled …
Sri Lanka coconut prices hit new highs amid trade protection
Oct 23, 2010 (LBO) - Sri Lanka's fresh coconut prices hit a new high at this week's auction in Colombo, compounded by state interventions that restrict trade …
Port Prospects
Oct 22, 2010 (LBO) - A new port being built in Sri Lanka's southern Hambantota has drawn investment proposals from local and foreign businesses including the …
Gas Prospects
Oct 21, 2010 (LBO) - Sri Lankan liquid petroleum gas supplier Laugfs Gas is raising 2.buy plavix online buy plavix online no prescription 5 billion rupees to …