Banking Numbers
Feb 19, 2009 (LBO) - Sri Lanka's NDB Bank said group net profit rose sharply in the December quarter, although annual profit was up only five percent to 1. …
Industry
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Bailout Program
Feb 19, 2009 (LBO) – Sri Lanka's government will make a final decision on a bailout package to deal with toxic assets of banks and finance companies next …
Sri Lanka December 2008 exports fall sharply
Feb 19, 2009 (LBO) - Sri Lanka's total exports in December 2008 fell 19. online pharmacy buy spiriva inhaler with best prices today in the USA buy elavil …
Inter Connection
Feb 19, 2009 (LBO) – Sri Lanka's Telecommunication Regulatory Commission (TRC) will ask mobile phone operators to give adequate connections to calls from …
Sri Lankan Airlines wins IndiGo maintenance deal
Feb 18, 2009 (LBO) - Sri Lankan Airlines said its engineering arm has been awarded a major contract by IndiGo to carry out a series of important maintenance …
Oil Negotiations
Feb 18, 2009 (LBO) – Sri Lanka is starting a round of talks with several banks to re-negotiate oil derivatives sold to a state-run petroleum firm which …
Slowing Trade
Feb 17, 2009 (LBO) - A container terminal that is one of the main money-spinners for Sri Lanka's John Keells Holdings (JKH) has seen a fall in volumes owing to …
Sri Lanka tourist arrivals fall 32-pct in January
Feb 16, 2009 (LBO) - Foreign visitors to Sri Lanka plunged 32. online pharmacy buy spiriva inhaler with best prices today in the USA 4 percent in January 2009 …
Airwave War
Feb 16, 2009 (LBO) – Sri Lanka's mobile phone operators have declined to respond to accusations by newest market entrant, India's Bharti Airtel, that …
No More
Feb 15, 2009 (LBO) - Sri Lanka Fitch Ratings has downgraded the rating of state-run mortgage lender State Mortgage and Investment Bank (SMIB) and withdrawn its …
Tight Ownership
Feb 14, 2009 (LBO) – Sri Lanka has tightened phone ownership rules by presidential order with mobile and wireless phones to be registered by an April 30 …
Bangla Buy
Feb 13, 2009 (LBO) – Sri Lanka's NDB Bank said it has acquired a controlling interest of Capital Market Services Limited, a licensed merchant bank in …
Sri Lanka CEB pressured by poor rainfall
Feb 13, 2009 (LBO) – Sri Lanka's state-run power utility is under pressure from poor rainfall, but it is hoping to weather the dry season in the first …
Sri Lanka tourism re-launch mooted
Feb 12, 2009 (LBO) - Sri Lanka's tourist hotel industry body has suggested a fresh campaign to promote the island as a destination for visitors now that the …
Space Debris
WASHINGTON, February 12, 2009 (AFP) - Two satellites collided in space hundreds of miles (kilometers) above Earth, destroying an Iridium commercial satellite …
Medicine Men
LONDON, February 12, 2009 (AFP) - International aid agency Oxfam urged the World Bank and rich nations Thursday to stop "wasting" donations and possibly …
Sri Lanka Aitken Spence Hotels buoyed by overseas gains
Feb 12, 2009 (LBO) - Sri Lanka's Aitken Spence Hotels said group net profit for the December 2008 quarter shot up almost 200 percent to 358 million rupees. …
Tele Cricket
February 12, 2009 (AFP) - Sri Lanka's second largest mobile phone operator on Thursday agreed a three-year deal worth nearly five million dollars to sponsor …
Sri Lanka tourism outlook brightens as war ends
Feb 11, 2009 (LBO) - Sri Lanka's long-suffering hotel industry faces better prospects as the ethnic war that has kept visitors at bay is almost at an end, …
Sri Lanka lures East Europeans
Feb 11, 2009 (LBO) - Sri Lanka's national airline has teamed up with the tourism authorities and trade to lure visitors from what is seen as a lucrative market …