Box Bug
May 30, 2009 (LBO) - Ships calling at Colombo port are experiencing delays owing to teething problems in a new Sri Lanka Ports Authority (SLPA) computer system …
Industry
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Fleet Fortunes
May 29, 2009 (LBO) - Sri Lanka could make use of the global slump in shipping to rebuild its national merchant fleet as ships without work are now going cheap, …
Sri Lanka govt seeks extra funds for export support package
May 29, 2009 (LBO) - Sri Lanka's government said it plans to ask parliament for extra funds to pay for a bailout package to help exporters cope with a downturn …
Mobile Spin
May 29, 2009 (LBO) - Sri Lankan celco Mobitel will spend 557 million rupees (4. buy lexapro online …
Housing Woes
May 29, 2008 (LBO) – Sri Lanka's Housing Development and Finance Corporation (HDFC) said it made a loss in the March 2009 quarter amid rising interest …
Hedge Loss
May 29, 2009 (LBO) – Lanka IOC, a unit of Indian Oil Corporation said it lost 1.6 billion rupees in the March 2009 quarter against a profit of 890.7 …
Good Credit
May 29, 2009 (LBO) – A central bank supported credit scheme to help war-affected Sri Lankans will not use printed money, but cash from a revolving credit …
Emirates adds 22 weekly flights to India
May 29, 2009 (LBO) - Emirates airline said it will add 22 weekly flights to India in an expansion encouraged by liberalization of its skies that made the …
Repair Returns
May 28, 2009 (LBO) - Sri Lankan ship builder Colombo Dockyard said net profit for the March 2009 quarter shot up 112 percent to 519 million rupees from 245 …
Mortgage Rating
May 28, 2009 (LBO) – Fitch Ratings Lanka has confirmed an 'AA-(lka)' rating assigned to a mortgage backed security issued by Sri Lanka's HDFC Bank. Fitch …
Fee Hit
May 28, 2009 (LBO) - Sri Lanka's Citibank unit's March 2009 quarter profits were down 41. online pharmacy buy diflucan with best prices today in the USA buy …
Lease Focus
May 28, 2009 (LBO) - Ceylinco Finance, a listed firm in the Ceylinco group, says it is re-structuring itself under the guidance of a veteran banker to focus on …
Asset Backed
May 27, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed People's Leasing Co. online pharmacy buy abilify with best prices today in the USA buy flomax …
Spell Check
May 27, 2009 (LBO) – The Sri Lankan chapter of the Chartered Institute of Management Accountants (CIMA) has launched the second season of Spellmaster, a …
Rescue Mission
May 27, 2009 (LBO) - The Finance Company can be turned around within six months, according to Merchant Bank of Sri Lanka (MBSL) which has been appointed by the …
Trim Talk
May 27, 2009 (LBO) – Subscribers of Sri Lanka's Hutch, a unit of Hutchison had dropped 44 percent to 772,000 in the year to March 2009 amid steep price …
Sri Lanka Janashakthi Insurance suspension lifted
May 27, 2009 (LBO) – Sri Lanka's insurance regulator said it had lifted a suspension on the registration of Janashakthi Insurance from today, after the …
Mobile Growth
May 26, 2009 (LBO) – Mobitel, a unit of Sri Lanka Telecom (SLT), has increased subscribers by 73 percent to 2.8 million in the year to March 2009, while …
Sri Lanka Ceylinco Insurance March profit down 29-pct
May 26, 2009 (LBO) - Sri Lanka's Ceylinco Insurance Company said March 2009 net profit fell 29 percent to 101 million rupees from a year ago as claims went up, …
Bank Trade
May 26, 2009 (LBO) – Profits of HSBC's Sri Lanka unit grew 40 percent to 628.1 million rupees in the March 2009 quarter on strong foreign exchange …