Interest Trends
Jan 13, 2009 (LBO) – Sri Lanka's LB Finance said net profit for the December quarter rose 39 percent to 84 million rupees from a year ago, with interest …
Industry
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Tough Market
Jan 12, 2008 (LBO) - India's Bharti Airtel launched services in Sri Lanka with simplified tariff plans in an extremely competitive market of four existing …
Road Radio
LAS VEGAS, January 12, 2009 (AFP) - German audio equipment maker Blaupunkt and Australia's miRoamer have teamed up to produce the first Internet car radio, …
Wider Reach
Jan 12, 2009 (LBO) - Sri Lankan mobile operator Tigo, a unit of Millicom International Cellular, said it had reached two million subscribers in 2008 after …
Legal Tangle
Jan 11, 2009 (LBO) - The widening fallout on Sri Lanka's inter bank markets of petroleum derivatives suspended by court took a new turn this week with …
Fiery Baptism
Jan 10, 2009 (LBO) - A former chief executive of Sri Lanka's Shell gas unit who has turned around Malaysian Airlines has termed his experience in the island as …
Stable Path
Jan 09, 2009 (LBO) – Sri Lanka's Seylan Bank is now stable and is focusing on improving asset quality, and some customers who earlier withdrew deposits …
Two Generations
Jan 09, 2009 (LBO) - The Sri Lanka Ports Authority (SLPA) has begun training the children of retired workers being hired for jobs in the port but stressed …
Sri Lankan Airlines woos flyers with American Express deal
Jan 08, 2008 (LBO) – Sri Lankan Airlines said it is trying to attract passengers by offering value added services to cope with the downturn in travel …
Building Ships
Jan 08, 2009 (LBO) –Sri Lanka is trying to enhance its ship building capacity with the government inviting foreign investors to set up a ship yard at a …
Sri Lanka Nov 08 industrial exports rise; tea, rubber shipments fall
Jan 07, 2009 (LBO) - Sri Lanka's exports in November 2008 rose 11.buy azithromycin online buy azithromycin online no prescription 6 percent to 645 million …
Wide Interest
Jan 07, 2008 (LBO) - Five potential investors have expressed interest in Sri Lanka's Seylan Bank including two foreign buyers, after its controlling Ceylinco …
Sri Lanka Ceylinco Insurance says life premium up 20-pct
Jan 06, 2009 (LBO) - Sri Lanka's Ceylinco Insurance Company said premium income at its life division rose 20.37 percent to 7.4 billion rupees in the 12 months …
Almost Full
Jan 06, 2009 (LBO) – A private container terminal in Colombo port which is the main money-spinner for Sri Lanka's John Keells Holdings group, may be …
Court Action
Jan 06, 2008 (LBO) – A Sri Lankan court has remanded three persons connected with Golden Key Credit Card Company, a crashed financial firm of the …
Terminal Move
Jan 06, 2009 (LBO) - The Sri Lankan government will call for proposals from the private sector to build a container terminal in a new port being built next to …
Cell Call
Jan 05, 2009 (LBO) – The Sri Lanka unit of Bharti Airtel would launch its operations on January 12, the company said, kicking off a media campaign Monday …
Cell Rules
Jan 04, 2009 (LBO) – Sri Lanka will issue new rules covering financial transactions through mobile phones, Central Bank Governor Nivard Cabraal said, as …
Liquidity Status
Jan 02, 2009 (LBO) – Sri Lanka has no need for a liquidity facility for finance companies yet, central bank governor Nivard Cabraal said, as the sector …
Sri Lanka Shell unit says new tax prevents further price cut
Jan 01, 2009 (LBO) - Shell Gas Lanka, the Sri Lankan unit of the Shell multinational, said a new government tax and its inability to buy locally made liquid …