Here’s Hoping
Reports that the treasury has set off tax liabilities of the Ceylon Petroleum Corporation against the full subsidy due from the government, has …
Reports that the treasury has set off tax liabilities of the Ceylon Petroleum Corporation against the full subsidy due from the government, has …
Feb. 20 (LBO) - India's Reliance group is scouting for investment opportunities in Sri Lanka, with an eye on oil exploration in potential areas off …
Feb. 19 (LBO) – Sri Lanka is to go ahead with a controversial plan to tax imported film and television programs, which may result in the …
Feb 18, (LBO) - Due ignorance about basic economics, the poor in South Asia are seeing economy-wide price rises, and resources that could be used to …
Feb. 17 (LBO) – Sri Lanka’s Seylan Bank Friday announced plans to boost capital by a billion rupees through a rights issue. The bank …
Feb. 17 (LBO) – Sri Lanka Telecom (SLT) said Friday, group net profits for the fourth quarter of 2005 topped Rs. 604 million, despite continued …
Sri Lanka’s telecom watchdog on Friday gave a 15 day ultimatum to seven telco firms for delays in presenting their financial statements. Firms …
Feb. 17 (Dow Jones)-- Sri Lanka wants to float an international bond this year to gauge market response as well as see if it can raise debt at a …
Feb. 16 (LBO) – Transport experts say more private vehicles are coming into Colombo despite a drop in the number of people traveling to the …
Jan 16 (LBO) - Sri Lanka™s Registrar General™s Department will computerise its database of birth certificates issued since 1864, for easier …
Feb. 16 (LBO) - Sri Lanka's Central Bank Thursday stayed put on policy rates for the second straight month, as it expects the 25-basis point hike …
Feb. 16 (LBO) – Sri Lanka's Ceylinco Insurance Co. Ltd. said Thursday that they retained their market leadership in the insurance sector last …
Feb. 16 (LBO) – State owned People's Bank is hoping for a credit upgrade in the near future, a top official said. General Manager Asoka de …
Jan 15 (LBO) - Sri Lankan tax payers are too afraid of retaliation by tax collectors to complain about mistreatment. Sri Lanka appointed a tax …
Feb. 15 (LBO) – Deutsche Bank's Colombo branch has retained the top spot for custodian services among four key foreign banks operating in Sri …
Jan 15 (LBO) - Eagle Insurance notched up a 103 percent growth in net profits to Rs. 515 million for 2005, buoyed by rapid growth in its life and …
Feb. 15 (LBO) – Smaller lubricant players are asking the Sri Lankan government to scrap a five-year license fee and instead opt for a 0.5 …
Jan 14 (LBO) - The United Nations on Tuesday called on the Sri Lankan government and Tamil rebels to keep protection of children in mind at upcoming …
Feb. 14 (LBO) – Despite just over two decades of public sector reforms, 17 government entities continue to hemorrhage, draining Rs. 70 billion …
Feb 13 (LBO) – Sri Lanka’s NDB Bank Monday said group net profit for the fourth quarter ended Dec. 31, 2005 was Rs. 462.8 million over …
Feb. 13 (LBO) – Sri Lanka's Richard Pieris Group, owners of the 'Arpico' brand, are ploughing Rs. 150 million to generate energy off trees, a …
Feb13 (LBO) - Luxury car importers DIMO Lanka says a hefty 214 percent tax on high engine capacity vehicle imports has not slowed down sales …
Feb 10 (LBO) – The Social Services Ministry is targeting self-employed and others currently not covered by pensions, to subscribe to a little …
Feb 10 (LBO) – Lanka IOC, a unit of Indian Oil Corporation, may have to re-state their published accounts if the Sri Lankan government does not …