Tech Ideas
March 13, 2009 (LBO) - Sri Lanka's software industry has teamed up with the British Council to promote technology entrepreneurship among university students. …
Industry
Bucket Pricing
Mar 13, 2009 (LBO) – Sri Lankan fixed access telco, Lanka Bell has started two packages with batches of free outgoing minutes, intensifying competition …
Sri Lanka LNG power project investor pulls out
March 12, 2009 (LBO) - An Australian consultancy that won tax concessions to develop a liquefied natural gas (LNG) fired power plant for Sri Lanka's state-run …
Battered Pakistan tourism industry looks to Sri Lanka example
KARACHI, March 12, 2009 (AFP) - Fida Hussain, 52, was once a frequent visitor to Pakistan's scenic northwest, driving north into the mountains every time he …
Good Year
Mar12, 2009 (LBO) – Sri Lanka's Sampath Bank group has posted a profit of 1.49 billion rupees for the 2008 financial year, up 30 percent from 2007, in …
Sri Lanka tourist arrivals fall 15.7-pct in February 2009
Mar 12, 2009 (LBO) – Tourist arrivals to Sri Lanka fell 15.7 percent in February to 34,169 with the first two months of 2009 showing a 25.5 percent fall, …
Payment Plan
Mar 12, (LBO) - Prosecutors, customers and officials of Sri Lanka's failed Golden Key Credit Card Company of the Ceylinco group are to discuss a trust …
Late Justice
ROME, March 11, 2009 (AFP) - An appeals court in southern Italy sentenced a Pakistani shipowner to 30 years in prison for his role in the drowning deaths of …
No Problem
Mar 10, 2009 (LBO) – Managers of Sri Lanka's state-run pension fund of private sector workers, under fire for investing funds for state purposes as a …
Hatton Performance
Mar 10, 2009 (LBO) – Sri Lanka's Hatton National Bank group has reported profits of 3,830 million rupees in 2008, down 10.1 percent over the previous …
Sri Lanka hydro storage fall below 300 million units
Mar 09, 2009 (LBO) - Hydro storage at Sri Lanka's state-run power utility fell below 300 million units or 24 percent of capacity, with the firm offering to pay …
Usage Gap
Mar 09, 2009 (LBO) - Sri Lankans low income customers of mobile communications, used phones least for business related activities in the region, potentially …
Better Margins
March 08, 2009 (LBO) - Sri Lanka's Nations Trust Bank (NTB) said group net profit rose 17 percent to 593 million rupees in 2008 from a year ago and that it …
Docking Trends
March 07, 2009 (LBO) - Sri Lankan ship builder Colombo Dockyard said net profit rose 32 percent to almost 1. buy metformin online …
Leasing Sale
March 06, 2009 (LBO) - Sri Lanka's largest leasing company is in talks to buy a leasing company in the island's Ceylinco group, a listed investment bank in the …
Management Chat
Mar 06, 2009 (LBO) - Merchant Bank of Sri Lanka, (MBSL) a unit of state-run Bank of Ceylon, said it was in talks with the regulator to manage and rehabilitate …
Flat Rate
Mar 06, 2009 (LBO) – Commercial Bank of Ceylon group has reported profits of 4,118.9 million rupees for the year ended December 2008, lower by 0.7 …
New Lease
Mar 06, 2009 (LBO) – A Sri Lankan motor company is offering a 'buy now, pay later' auto leasing scheme, which it hopes will boost sales that have plunged …
Intervention
Mar 06, 2009 (LBO) – Sri Lanka's central bank said it is looking for managing agents for two registered finance companies in the troubled Ceylinco group …
Restructuring
Mar 05, 2009 (LBO) – An investment banking unit linked to a state bank is examining several troubled finance and real estate firms of Sri Lanka's …