Tricky Position
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 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 …
Nov 27, 2008 (LBO) – A team of Sri Lankan ministers is probing an oil hedge that could lose hundreds of millions of dollars to a state-run oil retailer …
Nov 26, 2008 (LBO) - An Aston Martin car, believed to be one of few such vehicles in Sri Lanka has been seized following action filed by HSBC Bank, lawyers …
Nov 25, 2008 (LBO) - Sri Lanka's Colombo harbour needs to reduce dependence on the Indian sub-continent and expand its coverage to get cargo from elsewhere in …
Nov 25, 2008 (LBO) – Profits at HSBC Sri Lanka has increased 94 percent to 1,664 million rupees in the first 9-months of 2008 despite large loan …
Nov 24, 2008 (LBO) - Sri Lankan Airlines said it will resume flights to Rome from December 3, 2008, its first new destination since the management of the …
WASHINGTON, November 24, 2008 (AFP) - The US government late Sunday vowed to protect struggling banking giant Citigroup against "unusually large losses" and …
SINGAPORE, November 24, 2008 (AFP) - British-based Standard Chartered bank said Monday it plans to raise 1.78 billion pounds (2.66 billion US dollars) in a …
Nov 24, 2008 (LBO) – Sri Lanka's Hatton National Banks (HNB) micro finance default rate is lower than the bank average default rates due to the shame …
Nov 24, 2008 (LBO) – Sri Lanka's Hatton National Banks (HNB) micro finance default rate is lower than the bank average default rates due to the shame …
Nov 23, 2008 (LBO) – Top Sri Lankan celcos are slashing prices ahead of the entry of a fifth operator to the market, in a street fight that analysts say …
ATHENS, November 22, 2008 (AFP) - A Greek-owned chemical tanker freed by Somali pirates was heading for Saudi Arabia Saturday, Greece's merchant shipping …
Nov 21, 2008 (LBO) - Sri Lanka's exports earnings in September fell 9.4 percent to 652 million US dollars from a year ago on lower demand from the US and other …
Nov 21, 2008 (LBO) – The Sri Lankan government has increased the customs duty on imported petrol by 10 rupees per litre to 35 rupees from yesterday, a …
Nov 20, 2008 (LBO) - A senior Sri Lankan central banker says the collapse of the global financial sector has underlined the value of real output and resources …
HONG KONG, November 20, 2008 (AFP) - A Hong Kong-flagged ship captained by a Sri Lankan that was hijacked two months ago off the coast of Somalia is returning …
Nov 19, 2008 (LBO) - Sri Lankan Airlines plans to renew its fleet and expand its passenger and cargo network to position itself as a hub and gateway to the …
Nov 17, 2008 (LBO) - Fitch Ratings Lanka has confirmed People's Leasing Company (PLC) national long-term rating at 'A-(lka)' with a stable outlook, but warned …