Finance Offer
Feb 05, 2010 (LBO) - Sri Lanka's Vallibel Finance, a unit of Vallibel group of entrepreneur Dhammika Perera, said it is selling down a 25 percent stake in an …
Industry
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Banking Move
Mar 05, 2010 (LBO) - Sri Lanka's NDB Bank said its chief executive Eran Wickramaratne has resigned from his post as he plans to enter parliament as a member of …
Sri Lanka to buy six transport aircraft from China: report
Mar 04, 2010 (LBO) - Sri Lanka is buying six Xian MA60 turboprop powered aircraft for a state-run airline and air force, from China, a media report said.buy …
Water Supply
Mar 04, 2010 (LBO) - Two water supply purification plants supplying Sri Lanka's capital Colombo will be upgraded with finance from Hungary, minister Gamini …
Senior Interest
Feb 04, 2010 (LBO) - A scheme to pay 'bonus interest' of one fifth above prevailing interest rates to senior citizens from January 01 would cost the people …
Home Loan
Mar 04, 2010 (LBO) – Pan Asia Banking Corporation (PABC) is looking to diversify its loan book by wooing customers to take its 'Express Nivasa' housing …
Sri Lanka Janashakthi Insurance gets selective to protect margins: official
Mar 03, 2010 (LBO) – Sri Lanka's Janashakthi Insurance wants to walk-away from unprofitable clients to protect fast-eroding profit margins and reduce …
Offshore Prospects
Mar 03, 2010 (LBO) - Sri Lanka's Colombo Dockyard, a listed ship builder, said it will deliver six vessels this year and will focus more on offshore work with …
Joint Action
Mar 03, 2010 (LBO) - Sri Lanka will host the 46th conference of governors of South East Asian Central Banks (SEACEN) and 30th meeting of the SEACEN Board of …
Ship Building
March 01, 2010 (LBO) - Sri Lankan ship builder Colombo Dockyard said net profit for the 2009 financial year rose by almost half although they fell in the …
Name Change
Mar 01, 2010 (LBO) - Sri Lanka's listed Seylan Merchant Bank said it was changing its name to SMB Holdings and splitting each existing share in to ten new …
Third Source
WASHINGTON, March 1, 2010 (AFP) - The Internet has become the third most popular news platform for American adults, trailing only local and national television …
Sri Lanka Ceylinco Insurance Dec net up 137-pct, full year up 42-pct
Mar 01, 2010 (LBO) - Sri Lanka's Ceylinco Insurance said net profits for the December 2009 quarter rose 137 percent to 356 million rupees from a year earlier …
Sri Lanka Janashakthi Insurance 2009 net up 46.3-pct
Mar 01, 2010 (LBO) - Sri Lanka's Janashakthi Insurance's net profits rose 46. buy elavil online …
Bank Numbers
Feb 28, 2010 (LBO) – Sampath Bank said its 2009 net group profits rose 36.8 percent to 2.0 billion rupees, while December quarter net was up 72.4 percent …
War Council
SAN FRANCISCO, February 28, 2010 (AFP) - US national security leaders and top cyber warriors from around the world are gathering here to plot defenses against …
Sri Lanka part of larger Oman Air Asian strategy: official
Feb 27, 2010 (LBO) - Oman Air's new service to Sri Lanka and the Maldives is the first of a series of new routes to South Asia and part of the Middle Eastern …
Bank Return
Feb 26, 2010 (LBO) - Sri Lanka's Hatton National Bank (HNB) said group net profits for the 2009 financial year rose 58 percent to 4.5 billion rupees with gains …
Price Pressure
Feb 26, 2010 (LBO) - Sri Lanka Telecom group said it suffered a loss in the December quarter but ended the year with a net profit of 785 million rupees, down …
Sri Lanka Union Assurance 2009 net up 17-pct
Feb 26, 2010 (LBO) - Sri Lanka's Union Assurance said net profit for the 2009 financial year went up 17 percent to 401 million rupees from a year ago as …