Watching Brief
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 …
Industry
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Banished Sri Lankan air chief to run firm from Dubai
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SriLankan Airlines chief Peter Hill would continue to run the airline from Dubai after his resident visa in the island was revoked …
Not Resident
Dec 20, 2007 (LBO) – Sri Lanka's immigration authorities have informed Sri Lankan airlines Thursday, that its chief executive Peter Hill's resident visa …
Financial Health
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 …
Sri Lankan Airlines okayed to train techies by EU
Dec 20, 2007 (LBO) – The aviation safety agency of the European Union has certified Sri Lankan Airlines to train maintenance technicians, the airline …
Northern Hunt
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 …
Sri Lanka urged to go for a deposit insurance scheme
Dec 19, 2007 (LBO) – Sri Lanka should introduce a compulsory deposit insurance scheme to strengthen the banking system and provide a public safety net, …
Sri Lanka power utility looks for savings, amidst political bungling
Dec 19, 2007 (LBO) – Sri Lanka's state power utility is launching a public campaign to conserve power as it is faced with rising generation costs and …
Air Battle
Dec 19, 2007 (LBO) - Sri Lanka has decided to revoke the work permit of SriLankan Airlines chief executive Peter Hill, an official said. buy zoloft online …
Independent Management
Dec 18, 2007 (LBO) – The International Monetary Fund has called for an independent governance structure for Sri Lanka's Employees Provident Fund (EPF) …
No Conflict
Dec 18, 2007 (LBO) – Sri Lanka's capital markets watchdog should be made more transparent and its officials more independent, the International Monetary …
Crisp Tender
Dec 18, 2007 (LBO) – Sri Lanka is issuing its first currency note under the signature of Governor Nivard Cabraal with added security features to battle a …
Consumer Slowdown
Dec 18, 2007 (LBO) – Fitch Ratings Lanka has lowered the outlook on the 'A+(lka)' long-term ratings on Singer Sri Lanka's senior unsecured notes to …
Better Outlook
Dec 18, 2007 (LBO) – Fitch Sri Lanka has lifted the outlook on Edirisinghe Trust Investment's 'B+(lka)' rating to 'positive' from stable citing …
Sri Lanka Insurance rating outlook lifted by Fitch
Dec 18, 2007 (LBO) – Fitch Ratings has lifted the outlooks on the AA-(lka) national insurer financial strength rating and A+(lka) credit rating of Sri …
Fitch Sri Lanka gives HNB Assurance A(lka) insurance rating
Dec 18, 2007 (LBO) – Fitch Ratings Sri Lanka has given HNB Assurance a national insurer financial strength rating of 'A(lka)' and a national long-term …
Changes
Dec 17, 2007 (LBO) – Senior central banker P M Nagahawatte would be appointed as chairman of the National Development following the resignation of its …
Sri Lanka tourism to lure Indians on a legendary trail
Dec 17, 2007(LBO) – Sri Lanka plans to attract more Indian tourists next year on the trail of a legendary tale where an Indian prince was said to have …
Visa Inflation
Dec 17, 2007 (LBO) – Visa fees for Sri Lankans traveling to the United States has increased from 100 US dollars to 131 US dollar, the US embassy in …
Turbulence Strategy
Dec 17, 2007 (LBO) – Sri Lanka's companies can make money in even the most turbulent times by redefining marketing strategies to get the best results, a …