Sri Lanka Asian Alliance life-insurance profits up
Apr 27, 2009 (LBO) – Sri Lanka's Asian Alliance Insurance Company said 2008 profits rose 20 percent to 135.4 million rupees due to higher profitability …
Industry
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Sri Lanka boycott call from Australian Tamil protesters
SYDNEY, April 26, 2009 (AFP) - Hundreds of Tamil protesters burned Sri Lankan-produced tea and clothes as they marched through central Sydney on Sunday calling …
Fair Play
April 25, 2009 (LBO) - Bunker prices in Colombo port have fallen following a court verdict that ended an effective monopoly on ship fuel held by Sri Lanka's …
Text News
April 25, 2009 (LBO) - Dialog, Sri Lanka's largest telco, has made available news from the government's department of information through its popular short …
Golden Probe
April 24, 2009 (LBO) – Sri Lanka's central bank has asked customers of the failed Golden Key Credit Card Company to submit details of their deposits and …
Bidding List
April 24, 2009 (LBO) - Sri Lanka's central bank has cleared five out of six parties who expressed interest in buying a 33.3 percent stake in Seylan Bank to …
Asian View
April 24, 2009 (LBO) – Millicom International Cellular, the parent of Sri Lanka's Tigo cellular network, says it may sell out of Asian units, despite …
Sri Lanka approves electricity improvement project
April 24, 2009 (LBO) - The Sri Lankan government said the Cabinet has approved a foreign aid funded project to expand and improve electricity services, …
Sri Lanka aviation policy mulls further opening
April 24, 2009 (LBO) - A new Sri Lankan aviation policy aims to encourage investment and open the sector up for more carriers, ground handling and caterers as …
Fuel Mix
April 24, 2009 (LBO) – Sri Lanka will decide on whether to call proposals for a liquefied natural gas (LNG) power plant after a study funded by Japan is …
Sri Lanka Trans Asia hotel to be re-branded
April 23, 2009 (LBO) - Sri Lanka's Trans Asia hotel, part of the John Keells group, will be closed for repairs after being damaged in a Tamil Tiger air raid …
Sri Lanka Amana Takaful cuts losses, sees scope in medical insurance
April 23, 2009 (LBO) - Sri Lanka's Amana Takaful Insurance said it made a premium income of over a billion rupees in 2008, helping to reduce losses, and that …
Maritime Draw
April 23, 2009 (LBO) - Sri Lanka's ship registry, which governments have long promoted with little success, will get six brand new vessels belonging to a group …
Policy Breaks
April 22, 2009 (LBO) - Colombo Dockyard stands to benefit from several concessions being considered in the new draft Sri Lankan government shipping policy, …
Safety Rope
April 21, 2009 (LBO) - Low transaction costs and timely delivery is critical for micro-finance to be effective in lifting poor people out of poverty, a senior …
Sri Lanka tourist arrivals down 10.5 pct in March
Apr 21, 2009 (LBO) – Tourist arrivals to Sri Lankan fell 10.5 percent to 34,065 for the month of March 2009, with key Western European and South Asian …
Sri Lanka external trade shrinks
April 20, 2009 (LBO) - Sri Lanka's external trade contracted sharply in February 2009 with the trade gap narrowing 75. online pharmacy buy estrace with best …
Foreign Interest
April 20, 2009 (LBO) - A number of prospective buyers interested in Sri Lanka's Seylan Bank have tied up with foreign partners to bid for a 33 percent stake in …
Seylan Sale
April 18, 2009 (LBO) - Sri Lanka's central bank says six parties have expressed interest in buying a one-third stake of Seylan Bank, which was put under the …
Pay Back
April 17, 2009 (LBO) – The pay TV business of Sri Lanka's Dialog Telekom group will take time to become profitable, with break even estimated at around …