Housing Woes
Dec 31, 2007 (LBO) – Fitch Ratings has downgraded the long-term rating of Housing Development Finance Corporation (HDFC) by one notch to 'A-(lka)' from …
Dec 31, 2007 (LBO) – Fitch Ratings has downgraded the long-term rating of Housing Development Finance Corporation (HDFC) by one notch to 'A-(lka)' from …
Dec 31, 2007 (LBO) – Fitch Ratings has downgraded the State Mortgage and Investment Bank (SMIB) by one notch to A-(lka) and lowered its rating outlook to …
Dec 30, 2007 (LBO) - Russian programmers have created software known as 'CyberLover' that can infiltrate dating sites and chatrooms and seduce victims and …
Dec 29, 2007 (LBO) – The International Monetary Fund (IMF) has raised doubts about the independence of Sri Lanka's central bank and its ability to …
Dec 28, 2007 (LBO) – The International Monetary Fund has criticised delays in reforming Sri Lankan state sector pension schemes and urged government to …
Dec 27, 2007 (LBO) – Sri Lankan fisherman are using mobile phones to 'auction' their catch before reaching shore, allowing them to get better prices, …
Dec 27, 2007 (LBO) – A Sri Lanka minister who was held hostage by angry colleagues inside a television station after he assaulted the news chief of the …
Dec 27, 2007 (LBO) – A digital satellite radio disaster alert system that can be remotely activated which was field tested in Sri Lanka is now ready for …
MATARA, Sri Lanka, Dec 26, 2007 (AFP) - Sri Lanka marked Wednesday the third anniversary of the devastating Asian tsunami by opening a showpiece bridge in the …
Dec 23, 2007 (LBO) – A mapping programme using satellite pictures will help Sri Lanka's government do better planning and rebuilding in the tsunami-hit …
Dec 22, 2007 (LBO) – Emirates Airlines, managing shareholder of SriLankan Airlines, has indicated that it is preparing for a possible breakdown in …
Dec 21 (LBO) – The threat of higher freight rates on Sri Lankan exports to Europe is easing, former Sri Lanka Shippers' Council chairman Jayanath Perera …
Dec 21, 2007 (LBO) – Lanka Rating Agency said Friday it had placed BB3 rated Multi Finance Company on rating watch, pending a take-over from the Ceylinco …
Dec 21, 2007 (LBO) – SriLankan Airlines chief Peter Hill would continue to run the airline from Dubai after his resident visa in the island was revoked …
Dec 21, 2007 (LBO) – Sri Lanka's second international literary festival in Galle next year will focus on the theme climate change and would reach out to …
Dec 21, 2007 (LBO) – Fitch Ratings says Sri Lankan insurance firms may avoid sweeping downgrades after the government partially rolled back plans to …
Dec 20, 2007 (LBO) – Sri Lanka's financial sector has so far been resilient in the face of shocks but risks are increasing as the economy heads for tough …
Dec 20, 2007 (LBO) – The aviation safety agency of the European Union has certified Sri Lankan Airlines to train maintenance technicians, the airline …
Dec 20, 2007 (LBO) – Sri Lanka's immigration authorities have informed Sri Lankan airlines Thursday, that its chief executive Peter Hill's resident visa …
Dec 20, 2007 (LBO) – Sri Lanka plans to invite oil companies to explore for petroleum deposits in new areas in the north of the island, a senior minister …