Sri Lanka flights filling up: Etihad Airways
Jan 14, 2009 (LBO) - Abu Dhabi based Etihad Airways is seeing growth in traffic after it resumed services to Colombo with tourist arrivals also expected to …
Industry
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Ship Sale
Jan 13, 2010 (LBO) – Sri Lanka's Mercantile Shipping Company is selling one of it ships, merchant vessel 'Safmarine Soyo', the firm said in a stock …
Handling Record
Dec 13, 2009 (LBO) - Sri Lanka's privately owned South Asian Gateway Terminals at Colombo port handled a record high volume of containers despite a global …
Northern Links
Jan 11, 2010 (LBO) - Sri Lanka and India has inked a deal to rebuild part of a railway link to the island's north while negotiations are under way to China to …
Finance Trend
Jan 11, 2009 (LBO) - Sri Lanka's finance company profits would pick up in 2010 as deposit rates falls, helping offset some credit losses, but asset quality may …
Sri Lanka insurance sector sees skills shortage: rating agency
Jan 09, 2010 (LBO) – Sri Lanka’s insurance business is set for growth as the economy recovers from a war but is constrained by a shortage of …
Yard Plans
Jan 08, 2010 (LBO) – The building of new ports in Sri Lanka has given several expansion options for Colombo Dockyard, a listed ship builder which faces …
Relief
Jan 08, 2010 (LBO) – Sri Lanka’s Central Bank said it will make another part-payment to depositors of Golden Key Credit Card Company, subject to a …
Listing Pressure
HONG KONG, January 8, 2010 (AFP) - Hong Kong ports-to-retail conglomerate Hutchison Whampoa on Friday offered to take its loss-making telecoms subsidiary …
Sri Lanka Aviva unit to get new managing director
Jan 08, 2010 (LBO) - Sri Lanka's Eagle Insurance Company, a unit of Aviva, said its managing director Deepal Sooriyaarachchi intends to quit in June this year …
Sri Lanka December tourist arrivals up 16-pct, annual up 2-pct
Jan 07, 2010 (LBO) – Sri Lanka’s December tourist arrivals rose 16.2 percent to 56,862 from a year earlier as travel warnings were removed while …
Sri Lankan insurance firm offers cover for the disabled
Disabled Cover Sri Lanka Islamic insurer offers cover for deaf people Jan 06, 2009 (LBO) - Sri Lanka'a Amana Takaful Insurance, an Islamic insurer, said it has …
Sri Lanka insurance firms seen under pressure as interest rates fall
Jan 06, 2010 (LBO) – Sri Lankan insurance firms face difficulties in maintaining margins as interest rates fall with most funds in risk-free government …
Transport Links
Jan 05, 2010 (LBO) - The Asian Development Bank said the first batch of bidding documents for a road project it is funding in northern Sri Lanka is expected to …
Close Watch
Jan 05, 2010 (LBO) – Sri Lanka’s Central Bank intends to monitor more closely banking sector group companies to improve its supervision of …
Sri Lankan Airlines says airport check-in back to normal
Jan 05, 2010 (LBO) – Sri Lanka’s national carrier Sri Lankan Airlines said check-in at the Bandaranaike International Airport north of Colombo was …
Sri Lanka tea imports fall
Jan 05, 2010 (LBO) – Tea imports for re-export by Sri Lanka, a major exporter, fell sharply last year as opposition by producers to importing teas …
Interest Limit
Jan 04, 2010 (LBO) – Sri Lanka’s Central Bank said it has raised the ceiling on interest rates paid by registered finance companies and also …
Bailout Ceiling
Jan 04, 2010 (LBO) – Sri Lanka's Central Bank said a new mandatory deposit insurance scheme to be introduced this year will cover up to 100,000 rupees …
Sri Lankan Airlines asks travelers to come early to airport
Jan 04, 2010 (LBO) – Sri Lanka’s national carrier SriLankan Airlines said it was asking passengers on departing flights to report four hours before …