Asian Focus
LONDON, September 25, 2009 (AFP) - HSBC on Friday said its chief executive Michael Geoghegan would move to Hong Kong from London to be closer to the banking …
Industry
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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 …
Sri Lanka power IPO gives small investors preference
Sept 24, 2009 (LBO) - Small investors who applied for up to 500 shares in an initial public offering by Sri Lanka's Hemas Power will be given their full …
Reaching Out
Sept 24, 2009 (LBO) - Sri Lanka's NDB Bank said it plans to open five branches in the north and east regions which are recovering after the end of the island's …
Sri Lanka Hayleys ups stake in fabric unit
Sept 24, 2009 (LBO) - Sri Lanka's Hayleys group said it has increased control of its fabric manufacturing unit, Hayleys-MGT Knitting Mills, after a mandatory …
Rebuilding Work
Sept 23, 2009 (LBO) - The Red Cross movement had spent 220 million US dollars to build 30,000 houses, upgrade healthcare centres, re-build water supply and …
Port Industries
Sept 23, 2009 (LBO) - The Sri Lanka Ports Authority (SLPA) says foreign investors are vying to put up fertiliser and cement plants and ship yards in a new port …
Regional Links
Sept 23, 2009 (LBO) - A South Asian broadband communication conference and expo to be held in Sri Lanka in October with speakers from the global industry will …
Sri Lanka Fitch upgrades HNB Assurance rating to ‘A(lka)’
Sept 22, 2009 (LBO) - Fitch Ratings said it has upgraded Sri Lanka HNB Assurance's (HNBA) National Long-term rating to 'A(lka)' from 'A-(lka)' with a stable …
Food Profits
Sept 21, 2009 (LBO) - The catering unit of state-run Sri Lankan Airlines said it was expecting an upturn with more visitors coming to the island after a war …
Tertiary Reform
Sep 20, 2009 (LBO) – Sri Lanka's tertiary education policy should change to encourage fee-based universities of international standard to be set up, …
Sri Lanka power IPO draws over Rs1.6bn
Sept 18, 2009 (LBO) - An initial public offering for 31. online pharmacy buy diflucan with best prices today in the USA buy oseltamivir online …
Craft Claim
Sept 18, 2009 (LBO) - Sri Lanka's Colombo Dockyard said it rejected claims it faced a five billion rupee claim over unpaid taxes and customs duties on sale of …
Lower Risk
Sept 18, 2009 (LBO) - International underwriters in London have further lowered the war risk rating for Sri Lanka following the defeat by government forces of …
Tele Chase
NEW DELHI, Sept 18 (Asia Pulse) - Luxembourg-based Millicom has rejected Indian telecom PSU BSNL's bid to acquire its operations in Sri Lanka, but India's …
Risk Monitoring
Sept 18, 2009 (LBO) - Sri Lanka's Bartleet TransCapital, has linked up with Aprivaa and risk consulting and analytical service provider for banks, insurers and …
Name Change
Sep 18, 2009 (LBO) – Ceylinco Finance, a Sri Lankan finance company that was part of the troubled Ceylinco group, has changed its name to Nation Lanka …
Repair Work
Sept 17, 2009 (LBO) - Sri Lanka's Colombo Dockyard said it has won repair orders from an Indian tanker owner with the end of the 30-year ethnic war helping to …
Liner Move
Sept 16, 2009 (LBO) - The Sri Lanka Ports Authority (SLPA) said it had held talks with a visiting delegation of senior officials from Emirates Shipping Line …
Learning Experience
Sep 16, 2009 (LBO) - Sri Lanka's Ceylinco Sussex College, a unit of the troubled Ceylinco Group, is to be managed by Merchant Bank of Sri Lanka (MBSL), which …