Outlook Cut
Dec 04, 2008 (LBO) – Fitch Ratings has cut the outlook of Sri Lanka's The Finance Company (TFC) from 'stable' to 'negative' but confirmed its investment …
Dec 04, 2008 (LBO) – Fitch Ratings has cut the outlook of Sri Lanka's The Finance Company (TFC) from 'stable' to 'negative' but confirmed its investment …
Dec 04, 2008 (LBO) - A series of strikes that hit Maldivian resorts, including several managed by Sri Lanka's Aitken Spence group are ending, after the strikes …
Dec 04, 2008 (LBO) - Emirates said it plans to operate two extra flights to Thailand to help passengers stranded by the closure of Bangkok's Suvarnabhumi …
Dec 04, 2008 (LBO) – Sri Lanka’s Nations Trust Bank (NTB) has raised one billion rupees through a 5-year private placement, an official said. The …
December 3, 2008 (AFP) - Sri Lanka operated special flights to a Thai military base to evacuate all its 378 nationals stranded in Thailand due to political …
Nov 03, 2008 (LBO) – Sri Lanka's state is operating a black market taking an estimated 54 billion rupees a year in profits and discriminatory taxes from …
Dec 03, 2008 (LBO) – Sri Lankan Airlines will remove fuel surcharges to South Asia, Middle East and East Asia, and reduce surcharges on long haul flights …
Dec 03, 2008 (LBO) - Sri Lanka's John Keells Holdings group said that the Supreme Court had ruled that former employees of its bunker fuel unit be paid 153 …
Dec 2, 2008 (LBO) - Over 100 people attached to Sri Lankan Aitken Spence Group's Meedhuparu Island resort in the Maldives, have struck work demanding better …
Dec 02, 2008 (LBO) – Trade concessions from the European Union have been extended till about the middle of next year until a probe on Sri Lanka's …
Dec 02, 2008 (LBO) - Sri Lanka's Sampath Bank has launched chip-embedded credit cards in a bid to outsmart credit card fraudsters who are increasingly …
Dec 01, 2008 (LBO) – Fitch Ratings has confirmed Sri Lanka Telecom's 'B+' long term foreign currency credit rating, with a stable outlook, and says it is …
Dec 01, 2008 (LBO) – Net profits of state-run Bank of Ceylon fell 5.6 percent in the 9-months to September while revenues grew 20.6 percent to 43.9 …
Dec 01, 2008 (LBO) – Sri Lanka's Standard Chartered Bank unit has reported a net profit increase of 55 percent to 1,803 million rupees in the 9-months …
Dec 01, 2008 (LBO) - Profits of the Sri Lanka unit of Citibank soared 134 percent in the 9-months to September 2008 to 1,276 million rupees, driven by a steep …
Nov 30, 2008 (LBO) – Sri Lanka's petroleum ministry has not yet been taken over by President Mahinda Rajapaksa, following a court ruling by the Supreme …
Nov 29, 2008 (LBO) - Sri Lanka's Standard Chartered Bank unit says it was not directly affected by a court order which halted payments due under a hedge it …
Nov 28, 2008 (LBO) - Sri Lanka's supreme court said petroleum minister A H M Fowzie should be removed, in a case where controversial oil hedges by a state-run …
Nov 28, 2008 (LBO) - Sri Lanka's supreme court has ordered the state-owned oil refiner, Ceylon Petroleum Corporation (CPC), to suspend controversial hedge …
Nov 28, 2008 (LBO) – Profits of Sri Lanka Telecom (SLT) group, the island's largest fixed access carrier, fell 31 percent to 1,235 million rupees with …