High Risk
Sept 22, 2008 (LBO) - Police are trying to track down a Sri Lankan businessman who has fled abroad after duping thousands of people into depositing money with …
Industry
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Magic Cup
Sept 19, 2008 (LBO) - The Sri Lanka unit of Leo Burnett Worldwide, an advertising agency, said it had won a medal at a regional award for marketing …
Sri Lanka Insurance gets AA- rating from RAM
Sept 19, 2008 (LBO) - Sri Lanka Insurance Corporation Ltd (SLIC) has been rated 'AA-' by RAM Ratings, with a 'stable' outlook, saying the firm is well …
Sri Lanka hopes wildlife glories will attract new tourists
SIGIRIYA, September 19, 2008 (AFP) - With wetlands and jungles teeming with colourful butterflies and exotic primates, Sri Lanka is planning to lure a new type …
Sri Lanka’s south lose power on exploding transformer
Sept 18, 2008 (LBO) - Southern parts of Sri Lanka lost power last night after a transformer at a hydro power complex in the island's central hills exploded and …
Pirates Ahoy
NAIROBI, September 18, 2008 (AFP) - Pirates seized another ship off the Somali coast in the Indian Ocean, a maritime official said Thursday. online pharmacy …
Growth Spurt
Sept 18, 2008 (LBO) - Sri Lanka's Mobitel, a unit of fixed access operator Sri Lanka Telecom says its customers would increase by 300,000 to 2. online pharmacy …
AIG’s roots run deep in Asia
SINGAPORE, September 17, 2008 (AFP) - AIG has deep roots in Asia, and the troubled insurance giant is now trying to reassure millions of policyholders and tens …
Historic Rescue
NEW YORK, September 17, 2008 (AFP) - The US Federal Reserve announced Tuesday it would make an unprecedented 85-billion-dollar rescue loan to save insurance …
Global Link
Sept 17, 2008 (LBO) - Sri Lankan investors in Vietnam could bank at a new fully owned branch in the country after authorities gave the go ahead to incorporate …
Leasing Trends
Sept 17, 2008 (LBO) - Sri Lanka's People's Leasing Company (PLC) said net profit rose seven percent to 803 million rupees in the year ending March 31, 2008 and …
Sri Lanka July trade gap widens, tea boosts export earnings
Sept 17, 2008 (LBO) - Sri Lanka's export earnings in July 2008 went up 24.online pharmacy http://www.nicaweb.com/images/photoalbum/gif/propecia.html no …
Port Race
Sept 16, 2008 (LBO) - Sri Lanka is hoping to call fresh bids for a container terminal concession in an expanded port in Colombo in October, a government …
Latest Blow
WASHINGTON, September 15, 2008 (AFP) - US investment giant Lehman Brothers announced its bankruptcy early Monday as the Federal Reserve and major global banks …
New Printing
FRANKFURT, September 15, 2008 (AFP) - The European Central Bank (ECB) and the Bank of England (BoE) poured billions into money markets on Monday to ensure …
Credit Shuffle
Sept 15, 2008 (LBO) - Sri Lanka's state-run petroleum utility Ceylon Petroleum Corporation (CPC) is covering overdue government accounts with an Iranian …
Sri Lanka Taj unit gets new manager
Sept 15, 2008 (LBO) - India's Taj Group says it has appointed a new manager to the 120-room Taj Airport Garden Hotel in Seeduwa, north of the Sri Lankan …
Bunker Losses
Sept 15, 2008 (LBO) - Sri Lanka's John Keells Holdings says its bunkering unit lost 20 million rupees (184,000 US dollars), because it was unable to remove all …
Pricing Politics
Sept 14, 2008 (LBO) - Sri Lankan fuel users are suffering from the lack of a transparent price formula and severe politicization of pricing that had sometimes …
Bunker Move
Sept 14, 2008 (LBO) - Lanka Marine Services (LMS), a unit of John Keells Holdings selling bunkers in Colombo port, has moved out most of its stocks from a tank …