Closed -Update02
COLOMBO, March 26, 2007 (AFP) - Sri Lanka's only international airport was shut early Monday following a suspected Tamil Tiger attack on an adjoining military …
Industry
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Sri Lanka tourism industry hit hard in February
March 25, 2007 (AFP) - Sri Lanka's tourism industry suffered a sharp drop last month as fighting between troops and Tiger rebels escalated and foreign holiday …
Mutual Respect
March 24, 2007 (LBO) – Sri Lanka and India are to sign 'Mutual Recognition Agreements', making it easier for professionals to cross borders when a new …
Study Group
March 23, 2007 (LBO) – A four-member committee has been appointed to study the proposed sale of Sri Lanka Telecom shares held by Japan's NTT to a …
Beyond Accounting
March 23, 2007 (LBO) – Though larger businesses in Sri Lanka are engaging in sustainability reporting, smaller firms are still lagging behind, organizers …
Moving Target
March 23, 2007 (LBO) – Singer Sri Lanka's finance company arm has seen rapid growth in 2006 with the firm moving heavily into vehicle financing Fitch …
Power Score
March 23, 2007 (LBO) – Sri Lanka's power utility has got all its troublesome thermal generators on line a top official said, in a week that saw the …
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 …
Kandy Finance
March 21 (LBO) – Kandy based Sinhaputhra Finance Limited (SFL) has earned a BB (lka) rating with a stable outlook, Fitch Ratings Lanka said Wednesday. …
Leasing Pioneer
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 …
New Complex
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 …
Tech Uplift
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 …
Powder Keg
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 …
Flying Forward
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 …
Port Dollars
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. …
Telecom Sale
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 …
Indo Finance
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, …
Its Official
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 …
Triple Play
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 …
Rating Rap
March 19, (LBO) – A lease-backed securities issue of Senkadagala Finance had its A (lka) national rating affirmed Monday, but Fitch Ratings said minimum …