Message Monitor
JEDDAH, August 7, 2010 (AFP) - BlackBerry has "virtually" sealed a deal with Saudi Arabia on its encrypted messenger services to avert a ban on the smartphone, …
Industry
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Sri Lanka Sunshine estates to yield tourism, hydro power revenue
Aug 07, 2010 (LBO) - Sri Lanka's Sunshine Holdings said it has struck a deal to supply hydro power and is refurbishing company estate bungalows to accommodate …
Sri Lanka Sunshine estates to yield tourism, hydro power revenue
Aug 07, 2010 (LBO) - Sri Lanka's Sunshine Holdings said it has struck a deal to supply hydro power and is refurbishing company estate bungalows to accommodate …
Sri Lanka gets Maldivian investment for east coast resort
Aug 06, 2010 (LBO) - Maldivian investors are to set up a 150-room tourist resort at Passikudah, in Sri Lanka's eastern Batticaloa district with an investment …
Capital Injection
Aug 06, 2010 (LBO) – Sri Lanka's Nawaloka Hospitals group June 2010 quarter profits rose 1,350 percent to 902 million rupees on a one-off extraordinary …
City Links
Aug 06, 2010 (LBO) - The Sri Lankan government said it has got Asian Development Bank funding to start work on an expressway between Colombo and Kandy in the …
Lube Attraction
Aug 05, 2010 (LBO) - The Sri Lankan government has decided to further open up the lubricant market by allowing more suppliers with the aim of increasing …
Tech Lure
Aug 05, 2010 (LBO) - An initial public offering by PC House, a Sri Lankan information technology company, was oversubscribed on its opening day Thursday, …
Margin Growth
Aug 05, 2010 (LBO) - Sri Lanka's Nations Trust Bank's (NTB) net profit for the June 2010 quarter rose 86 percent to 280 million rupees as interest margins …
Sri Lanka Aitken Spence June net up 50-pct
Aug 03, 2010 (LBO) - Sri Lanka's Aitken Spence group net profit in the June 2010 quarter rose 50 percent to 440 million rupees from a year ago, a stock …
Fashionable Results
Aug 03, 2010 (LBO) – Sri Lankan retailer Odel group's June profits rose 187 percent to 37 million rupees from a year ago owing to better margins despite …
Sri Lanka May exports up 15% to $620mn, garments recover
Aug 03, 2010 (LBO) - Sri Lanka's exports in May 2010 rose 15 percent to 620 million US dollars from a year ago, helped by industrial exports, mainly apparel, …
Risky Voyage
RIYADH, August 2, 2010 (AFP) - A Saudi insurance company is to pay Somali pirates a 20-million-dollar ransom to free a hijacked ship and its 14-member crew …
Strong Profile
Aug 03, 2010 (LBO) - Fitch Ratings Lanka said it has confirmed National Development Bank's (NDB) National Long-term rating at 'AA(lka)' with a stable outlook. …
Business Guidance
Aug 02, 2010 (LBO) - Sri Lanka's Lanka Orix Leasing Company (LOLC) and a micro financier attached to a charity are teaching relatives of foreign migrant …
Credit Trends
Aug 02, 2010 (LBO) - The number of credit cards issued by Sri Lanka's banks picked up slightly in May 2010 from the previous month but total credit contracted …
Rights Issue
Aug 02, 2010 (LBO) – People's Leasing Finance Company wants to raise 568 million rupees via a one-to-one rights issue to meet capital adequacy …
Bank Rating
Aug 02, 2010 (LBO) - Fitch Ratings Lanka said it has downgraded Commercial Bank's National Long-term rating to 'AA(lka)' from 'AA+(lka)' and its individual …
Bank Numbers
Aug 02, 2010 (LBO) - Sri Lanka's Commercial Bank net profit for the June 2010 quarter rose 7. online pharmacy buy ciprodex with best prices today in the USA 5 …
Sri Lanka insurer to cover graduate study
Aug 01, 2010 (LBO) - Sri Lanka's Chartis Insurance has tied up with an information technology school to cover degree study costs of students who lose support …