Regional Links
Oct 07, 2009 (LBO) - Sri Lanka's wireless access provider Lanka Bell said it has reduced call rates to India. The company pays them 50 cents for every minute …
Industry
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Sri Lanka LNG power plant push is outside the law: officials
Oct 07, 2009 (LBO) - Attempts to connect a private liquefied natural gas (LNG) power plant to Sri Lanka's state-run power utility outside a competitive bidding …
Oil Support
Oct 07, 2009 (LBO) - A call for offshore oil field support services by a company exploring for oil in Sri Lanka provides domestic firms the opportunity they …
Container Trade
Oct 06, 2009 (LBO) - A Colombo port container terminal in which Sri Lanka's John Keells Holdings group has a majority stake said volumes rose to a record high …
BPO Buy
Oct 06, 2009 (LBO) - Control of IsmartTimex, a Sri Lanka based outsourcing firm has been acquired by India's Aegis Limited, a unit of the Essar group, but a …
Circular Debt
Oct 05, 2009 (LBO) - Sri Lankan government organisations owed the state-owned refiner, Ceylon Petroleum Corporation (CPC), 61 billion rupees in unpaid bills …
Key Players
Oct 05, 2009 (LBO) - Lanka Orix Leasing Company (LOLC) and Brown and Company Limited, two related parties may own 20 percent of Seylan Bank after a capital …
Share Stakes
Oct 03, 2009 (LBO) - State-run Merchant Bank of Sri Lanka (MBSL) chairman Janaka Ratnayake owns a large stake in a Ceylinco group company in which the state …
Terminal Trends
Oct 02, 2009 (LBO) - Sri Lanka Ports Authority (SLPA) is in talks with international shipping lines on new services through Colombo port despite the global …
Rural Outsourcing
Oct 02, 2009 (LBO) – Sri Lanka's rural economy can take a slice of India's 12 billion dollar Business Process Outsourcing (BPO) industry by catering to …
Merchant Reach
Oct 02, 2009 (LBO) - Merchant Bank of Sri Lanka (MBSL) said it had raised its stake in Ceylinco Investment Company, part of the troubled Ceylinco group, to 46 …
Fresh Capital
Oct 02, 2009 (LBO) - Sri Lanka's Seylan Bank said its public share issue of 54. online pharmacy buy spiriva inhaler with best prices today in the USA 29 …
Trading Platform
LONDON, October 1, 2009 (AFP) - Britain's London Stock Exchange announced Thursday that it is in exclusive talks to buy pan-European electronic trading …
Sri Lanka insurance upgrade on national rating, Fitch says
Sept 30, 2009 (LBO) - Fitch Ratings said it was correcting a previous announcement on Sri Lanka Insurance Corporation (SLIC), saying it had upgraded its …
Fresh Capital
Sept 30, 2009 (LBO) - Sri Lanka's state-owned Bank of Ceylon said it has bought a 10 percent stake in Seylan Bank, once part of the troubled Ceylinco group. …
Sri Lanka Aitken Spence in deal to manage south Indian hotel
Sept 30, 2009 (LBO) - Sri Lanka's Aitken Spence Hotels has struck a deal to manage another hotel in south India as part of an expansion in the sub-continent, a …
Sri Lanka seeks wider access to China under trade deal
Sept 28, 2009 (LBO) - Sri Lankan exporters will get better access to the Chinese market in a new round of talks under a regional trade deal scheduled for …
Top Marks
Sept 28 (LBO) - Fitch Ratings Lanka said it has confirmed DFCC Bank's (DFCC) national long-term rating at 'AA(lka)' with a stable outlook. online pharmacy buy …
Rogue Banking
Sep 28, 2009 (LBO) - The global financial crisis was triggered by the loose monetary policy of the US Federal Reserve but central banks remained unregulated, a …
DFCC Vardhana
Sept 25, 2009 (LBO) - Fitch Ratings Lanka has confirmed the 'AA-(lka)' national rating of DFCC Vardhana Bank Limited's (DVB) with a 'stable' outlook, driven by …