Air Pocket
GENEVA, Aug 30, 2006 (AFP) - The world's top airline association on Wednesday predicted a dip in air travel due to the British terror alert this month, but …
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Senkadagala Finance retains BBB+(lka) rating from Fitch
August 30, 2006 (LBO) - Sri Lanka's Senkadagala Finance Company Ltd retained its 'BBB+(lka)' rating from Fitch Ratings Lanka, the agency said Wednesday. The …
DFCC Bank taps debt market for funds
August 30, 2006 (LBO) - Sri Lanka's DFCC Bank plans to raise up to two billion rupees in debt capital to meet its long term credit expansion. The privately …
Commercial Leasing Company secures A-(lka) rating
August 30, 2006 (LBO) - Commercial Leasing Company Ltd's senior debt has been rated A-(lka) by Fitch Ratings Lanka Ltd, the agency said Wednesday. The rating …
Pushing Buttons
August 30, 2006 (LBO) – One of Sri Lanka's foremost telecom experts, Rohan Samarajiva is due to chair this year's Digital Opportunity Forum in Korea on …
Cable Cut
August 30, 2006 (LBO) – The Asian Development Bank has dropped the second loan installment due to Sri Lanka, as the government is reluctant to push ahead …
Minor Slip
August 30, 2006 (LBO) – Dominant lubricant supplier Caltex Lanka Ltd is expecting a marginal drop in volumes this year as intensified fighting in the …
Finland, Denmark, Sweden to complete pull out of Sri Lanka observers on time
HELSINKI, Aug 30, 2006 (AFP) - Finland, Denmark and Sweden will pull out all their ceasefire monitors from Sri Lanka by the end of the month in response to a …
Rights body raises cry over deteriorating media freedom in Sri Lanka
Aug 30 (LBO) - The media rights organization Reporters Without Borders (RSF) has voiced deep concern about the rapidly deteriorating media freedom in Sri …
Journalist abducted in Sri Lanka freed after appeals
Aug 30, 2006 (AFP) - An abducted Sri Lankan radio journalist held overnight was freed Wednesday by unidentified men after appeals for his safe return. Nadaraja …
Sporadic shelling in Sri Lanka’s east as death toll mounts
30, 2006 (AFP) - A battle between Sri Lankan troops and Tamil Tiger rebels over a key eastern naval port continued Wednesday with sporadic artillery duels as …
Sri Lanka troops killed 17 French aid workers: monitors
Aug 30, 2006 (AFP) - Sri Lankan troops killed 17 French charity workers and waged a bombing campaign against Tamil rebels, truce monitors said Wednesday, amid …
Sri Lanka rejects charity worker massacre charge as “outrageous”
LONDON, Aug 30, 2006 (AFP) - Sri Lanka rejected as "outrageous" Wednesday a ruling by independent ceasefire monitors that government forces were responsible …
Feeling peckish? British council bans biscuits to beat the birds
LONDON, Aug 30, 2006 (AFP) - They are an integral part of British tea-time, but councillors in one city are having to forgo biscuits with their daily cuppa to …
Deutsche Bank and Central bank respond to story on central bank independence
The Central Bank's Senior Deputy Governor and the Deutsche Bank Head of Communications to the Asia Pacific Region have responded to our story headlined …
Red Ink
August 29, 2006 (LBO) – Indian fuel retailer Lanka IOC Ltd reported a net loss of 584.0 million rupees for the three months to June on Tuesday, citing …
Sri Lanka death toll hits 119 as troops halt offensive
Aug 29, 2006 (AFP) - Sri Lankan troops facing heavy resistance halted an advance Tuesday into territory held by the rebel Tamil Tigers, as the death toll from …
Sri Lankan journalist kidnapped
Aug 29, 2006 (AFP) - A Sri Lankan radio journalist was kidnapped near the capital Colombo on Tuesday, police said, prompting appeals by colleagues for his safe …
Sri Lanka president leaves on sudden trip to Britain
Aug 29, 2006 (AFP) - Sri Lankan President Mahinda Rajapakse left here Tuesday on a sudden visit to London for talks with Prime Minister Tony Blair, official …
Airline loses athlete’s leg amid security crackdown
WELLINGTON, Aug 29, 2006 (AFP) - Champion New Zealand disabled athlete Kate Horan is back on track for next week's world championships after her special …