Oil Supply
Aug 19, 2010 (LBO) - Sri Lanka is to extend a deal with Iran to buy two million metric tonnes of crude oil a year with a 120-day interest free credit facility, …
Industry
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Bank Profits
Aug 19, 2010 (LBO) - The Sri Lankan unit of Standard Chartered Bank's (SCB) June quarter profits shot up 679 percent to 8. buy clomiphene online …
Inside Information
Aug 19, 2010 (LBO) - Sri Lanka's Central Bank is violating its own good governance code when a pension fund it manages buys stakes in banks and financial …
Bank Trends
Aug 19, 2010 (LBO) - National Development Bank (NDB) June quarter profits fell 17. online pharmacy buy diflucan with best prices today in the USA online …
Rural Competition
Aug 19, 2010 (LBO) - India's Mahindra and Mahindra group plans to enter Sri Lanka's financial sector, especially the rural areas, officials said. There were …
SriLankan Airlines trains first batch of technicians under European certification
Aug 19, 2010 (LBO) - SriLankan Airlines has graduated its first batch of Aircraft Maintenance students under the EASA 147 European certification as it seeks to …
Derived Rating
Aug 18 (LBO) - Fitch Ratings Lanka said it has confirmed Standard Chartered Bank, Sri Lanka Branch's (SCBSL) National Long-term rating at 'AAA(lka)' with a …
Equities Foray
Aug 18, 2010 (LBO) - Sri Lanka's Central Bank said a pension fund it manages would increase exposure to equities as government paper, in which it has invested …
Laying Tracks
Aug 18, 2010 (LBO) - Sri Lanka has given another deal to an Indian company to rebuild part of the northern rail track destroyed by war using a soft loan from …
Sri Lanka LOLC buys beach resort for Rs310mn
Aug 17, 2010 (LBO) - Sri Lanka's LOLC group has bought control of a beach resort on the west coast for 310 million rupees and is in talks with international …
European Link
Aug 17, 2010 (LBO) - Logistics firm DHL has launched a direct Less-than-Container Load (LCL) service from Colombo and Singapore to Koper, Slovenia, improving …
Keel Laying
Aug 17, 2010 (LBO) - Colombo Dockyard has laid the keel for construction of the second vessel of a series of two 130 Ton Bollard Pull Anchor Handling Tug …
Bank Numbers
Aug 17, 2010 (LBO) – Hatton National Bank (HNB) group June quarter profits rose 22 percent to 1.22 billion rupees from high interest margins and higher …
Sri Lanka KumbukRiver named among top 20 spectacular hotels
Aug 16, 2010 (LBO) - Sri Lanka’s KumbukRiver has been included in a list of the world’s top 20 most unusual hotels, just announced by an …
Sri Lanka KumbukRiver named among top 20 spectacular hotels
Aug 16, 2010 (LBO) - Sri Lanka’s KumbukRiver has been included in a list of the world’s top 20 most unusual hotels, just announced by an …
Foreign Policy
HAMBANTOTA, August 15, 2010 (AFP) - A China-funded port in Sri Lanka will be a symbol of Colombo's non-partisan foreign policy, the president said Sunday amid …
Housing Profits
Aug 16, 2010 (LBO) – Sri Lanka's Housing Development Finance Corporation (HDFC) Bank group June 2010 quarter profits fell 96 percent to 5.3 million …
Electronic Snooping
SAN FRANCISCO, August 16, 2010 (AFP) - Clashes between the maker of Blackberry smart phones and India, Saudi Arabia and the United Arab Emirates are the latest …
Combined Entity
Aug 16, 2010 (LBO) - Fitch Ratings has withdrawn the ratings of six Sri Lankan Regional Development Banks (RDBs) upon their merger and upgraded those of two …
Supermarket Sweep
Aug 16, 2010 (LBO) – Sri Lanka's largest supermarket chain Cargills (Ceylon) group June quarter profits rose 92.3 percent to 312 million rupees from …