Sri Lanka’s HNB Assurance March net up 9-pct
May 08, 2008 (LBO) – Sri Lanka's HNB Assurance Ltd's March quarter profits increased nine percent to 14.1 million rupees while revenue increased 40 …
Industry
Sri Lanka chamber promotes links with Trinidad and Tobago
May 08, 2008 (LBO) – The embassy of the Caribbean island of Trinidad and Tobago is organizing a trade mission through its High Commission (embassy) in …
Talent Search
May 08, 2008 (LBO) – Amba Research, an investment research outsourcing firm, says four of its employees won gold medals at the convocation of the …
Sri Lankan Airlines appoints chief executive
May 08, 2008 (LBO) – Sri Lankan Airlines has appointed Manoj Gunawardene, the airlines former head of worldwide sales as chief executive, the company …
Fresh Start
May 08, 2008 (LBO) – The Asian Development Bank has agreed to change conditions on a loan to the Sri Lankan government to build a new deep-water harbour …
Sri Lanka Eagle Insurance March quarter profits drop
May 08, 2008 (LBO) – Sri Lanka's Eagle Insurance group March quarter net profit fell by half although revenue went up, according to the results sent to …
Brand Value
May 07, 2008 (LBO) – Dialog Telekom, Sri Lanka's top celco has been named the most valuable brand in Sri Lanka in a ranking by Brand Finance, the company …
Profit Growth
May 07, 2008 (LBO) – Sri Lanka's Nations Trust Bank (NTB) group profits grew 41 percent to 144.2 million rupees in the March quarter with total revenue …
Quarterly Profit
May 06, 2008 (LBO) – Sri Lanka's Commercial Bank's group profits grew 11.4 percent to 1,024 million rupees in the March quarter with revenue growing 37.7 …
Sri Lanka Eagle claims handled round-the-clock
May 06, 2008 (LBO) – Sri Lanka's Eagle Insurance has upgraded its customer care call centre with a single hot line for easy access and motor related …
Eastern Anchorage
May 05, 2008 (LBO) – Construction work on a new port in Oluvil on Sri Lanka's east coast is to start on Tuesday as part of government efforts to revive …
Sri Lanka’s budget airline grounded by lack of planes
May 4, 2008 (AFP) - Sri Lanka's state-run budget carrier has suspended operations indefinitely because of a lack of planes, an aviation official said Sunday. …
Ship Building
May 02, 2008 (LBO) – Colombo Dockyard, Sri Lanka's sole listed ship builder, said it plans to invest 473 million rupees this year to upgrade yard …
Port Race
May 02, 2008 (LBO) – The Asian Development Bank (ADB) said Friday it has reached agreement with the Sri Lankan government on a 300 million dollar loan to …
Emirates profits rise by half despite high fuel costs
May 02, 2008 (LBO) – Dubai's Emirates Airlines, which owns a big stake in Sri Lanka's national carrier, has reported group net profits increased 54.1 …
Toll Expressway
May 02, 2008 (LBO) - The highway from the Sri Lankan capital Colombo to hill country town of Kandy will be developed into a toll expressway at a cost of 30 …
Sri Lankan Airlines to give cut price tickets to state workers
April 30, 2008 (LBO) – Sri Lankan Airlines is giving a 25 percent discount for state-workers and their families who go abroad, the state-run national …
Record Numbers
April 30, 2008 (LBO) – Sri Lanka's inflation hit an all-time high of 25.0 percent in the 12-months to April 2008 on a new index to measure consumer …
Solvency Tests
April 28, 2008 (LBO) – Sri Lankan finance companies should reduce maturity mis-matches between their assets and liabilities an official said. When …
May Day
April 29, 2008 (LBO) – Sri Lanka's main private sector retirement fund has made billions real losses in in 2007 as the state used the monetary system to …