No Call
August 14, 2007 (LBO) – The Finance Company (TFC), the flagship finance company of Sri Lanka's Ceylinco group said it was putting off a cash call due to …
Industry
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Moderate Safety
August 14, 2007 (LBO) – Lanka Rating Agency (LRA) has confirmed the long-term rating of Sri Lanka's LB Finance Ltd at BBB3, with a stable outlook. The …
Four Ps
August 14, 2007 (LBO) – Marketing qualifications such as those offered by the Chartered Institute of Marketing offer good opportunities for job seekers …
Banking Profit
Aug 14, 2007 (LBO) – Sampath Bank said Tuesday group after tax profit rose 22.5 percent to 329.6 million rupees for the quarter ending June 30, 2007. The …
Swapping Risk
August 14, 2007 (LBO) – The Ceylon Petroleum Corporation (CPC), Sri Lanka's state-owned petroleum firm has used a leveraged swap to hedge a small part of …
Chock Full
August 13, 2007 (LBO) – Congestion in Asian ports like Colombo is affecting cargo flows to the United States and ship schedules with the squeeze expected …
Car Drive
August 13, 2007 (LBO) – HNB Assurance net profit after tax rose 17 percent to 10.9 million rupees for the second quarter ended June 2007 with revenue …
Living Free
August 12, 2007 (LBO) – Sri Lanka's government doctors have ordered more than two hundred luxury sports utility vehicles as a scheme to give duty-slashed …
Sri Lanka Tourist Hotels Association elects Cooray as president
August 12, 2007 (LBO) – The Tourist Hotels Association of Sri Lanka has elected as its president Hiran Cooray of Jetwing Hotels, a tour operator with a …
Chip Block
August 11, 2007 (LBO) - HSBC, Sri Lanka's largest credit card issuer, has announced new technology to combat fraud but said its local acquiring network would …
Sri Lanka apparel industry urged to focus on consumer concerns
August 10, 2007 (LBO) – Sri Lankan apparel exporters have been advised to focus attention on the industry's impact on the environment or 'footprint' and …
Real Pros
Aug 10, 2007 (LBO) – One of Sri Lanka's top professionals in the fast-growing telecommunications industry has advised his peers to stay in the island …
Cyber Tea
August 10 (LBO) – Sri Lanka's Tea Board has successfully completed the pilot run of an automated export document processing system that can speed up …
Skills Boost
August 9, 2007 (LBO) – The United States has completed a program with a Sri Lanka state training institute to improve public sector finance skills of …
Loss Leaders
August 08, 2007 (LBO) – Sri Lanka's Cargills Food City supermarket chain has announced a month of discounts on a range of consumer goods, including milk …
Tele Rating
August 9, 2007 (LBO) – Standard and Poor's (S&P) has upgraded the outlook on Sri Lanka Telecom (SLT) from negative to stable while affirming its 'B+' …
Banking Gains
August 08, 2007 (LBO) – Sri Lanka's Hatton National Bank (HNB) group has reported a 35 percent increase in net profit to 682 million rupees for the …
Maritime Fraud
August 09, 2007 (LBO) – Trade finance involving shipment of goods by sea could lend itself to money laundering, a top international maritime fraud …
Squeaky Clean
August 08, 2007 (LBO) –Sri Lanka's airports authority has awarded the cleaning and facility management contract for the Banaranaike International Airport …