Tough Year
March 22, 2007 (LBO) – State-owned National Savings Bank has seen a fall in profits in 2006 and slow deposit growth, through revenues climbed with rising …
March 22, 2007 (LBO) – State-owned National Savings Bank has seen a fall in profits in 2006 and slow deposit growth, through revenues climbed with rising …
Mar 21, 2007 (LBO) – Sri Lanka's Ceylino group plans to set a shopping and apartment complex in the heart of Colombo, following Board of Investment …
March 21 (LBO) – Sri Lanka’s education ministry has tied up with tech giant Intel to give local schools computers and teacher training to boost …
March 21 (LBO) – Kandy based Sinhaputhra Finance Limited (SFL) has earned a BB (lka) rating with a stable outlook, Fitch Ratings Lanka said Wednesday. …
March, 21 (LBO) – Lanka Orix Leasing Company (LOLC) has seen high loan growth with new funding but margins are slimming due to competition, Fitch Ratings …
March 20, 2007 (LBO) – A Malaysian firm has been given the go ahead to conduct a due diligence of Sri Lanka Telecom (SLT) ahead of a possible sale of a …
Flying Forward March 20 (LBO) SriLankan Airlines is adding a third weekly flight to the Indian coastal resort of Goa, moving closer to becoming first scheduled …
March 20, 2007 (LBO) – The Asian Development Bank has approved a 300 million dollar loan to expand the Colombo Port, the regional lender said Tuesday. …
March 20, 2007 (LBO) – Chennai based Indian Bank is looking to expand operations in Sri Lanka after boosting its capital at its branch this year, …
March 20, 2007 (LBO) – Sri Lanka is bracing for a steep rise in milk powder prices, with a drought in Australia pushing international dairy product …
March 19 (LBO) - Gloom over the spectacular telecom busts in the last decade has given way to a new round of optimism worldwide and the new mantra for the …
March 19, 2007 (LBO) – John Keells Holdings (JKH) said Monday it was officially informed by the government that a letter of intent (LOI) would be issued …
March 19, (LBO) – A lease-backed securities issue of Senkadagala Finance had its A (lka) national rating affirmed Monday, but Fitch Ratings said minimum …
March 19, 2007 (LBO) – Lining up for ˜good™ jobs coupled with limited access to quality education and training have upped levels of unemployment among …
March 18, 2007 (LBO) – From fashion accessory to personal organizer to entertainment provider, mobile phones have become every persons must-have, turning …
March 17 (LBO) – Sri Lanka and China have agreed to expand air links following talks in Beijing this week, paving the way for 28 weekly flights, the …
March 15 (LBO) – Sri Lanka has given a private consortium of Indian and Singaporean firms the green light to develop a firm proposal with financing in …
March 15 (LBO) - Sri Lanka has accepted a proposal to reclaim the sea and develop 450 acres of land alongside the Colombo Port by John Keells Holdings (JKH), a …
March 14 (LBO) – Seven suitors are chasing Sri Lanka's wireless operator Suntel, but its parent Telia of Sweden may even consider a stock market listing …
March 14 (LBO) – Sri Lanka's power utility is on a drive to provide uninterrupted supply to the country, while facing googlies from depleting hydro …