Direct Contact
May 17, 2007 (LBO) – Sri Lankan unit trusts, which collectively have an investment fund of over five billion rupees, are seeking to popularise their …
Industry
Tele Record
May 17, 2007 (LBO) – Telekom Malaysia sold a small part of its 87 percent stake in Dialog Telekom Thursday, driving turnover on the Colombo bourse to an …
No Risk
May 17, 2007 (AFP) - Insurance rates for airlines operating to Sri Lanka are expected to remain unchanged after the government's decision to shut the airport …
Multilevel Media
May 17, 2007 (LBO) – Goldquest kingpin Vijayeswaran Vijayaratnam has financed the operation of at least two Tamil language television stations, the …
Musical Chairs
May 17, 2007 (LBO) – Sri Lanka's Bank of Ceylon, Peoples' Bank and Ceylon Electricity Board is to get new chairmen, a senior presidential aide told LBO. …
Large Deal
May 16, 2007 (LBO) – Telekom Malaysia is planning to sell about seven percent of its share in its Sri Lankan subsidiary but would be buying into a rights …
Beware
May 16, 2007 (LBO) – An international anti-pyramiding activist has called on Sri Lanka to be vigilant against multi-level marketing schemes that can …
High Bill
May 16, 2007 (LBO) – Eagle Insurance consolidated revenue rose 24 percent to 1.35 billion for first quarter of March 2007, but a higher claims bill …
Daylight Premium
May 16, 2007 (LBO) -- Sri Lanka closed its only international airport for night flights at the request of national carrier SriLankan Airlines, who would have …
Step Up
May 16, 2007 (LBO) – Fitch Ratings has upgraded Hatton National Bank's long term rating by one notch to AA- (lka) and the rating outlook also changed to …
High Status
May 15, 2007 (LBO) – Sri Lanka Telecom (SLT) said Tuesday it has received BOI status from the Board of Investment that would enable it to import and buy …
New Player
May 15, 2007 (LBO) – Sri Lanka's Board of Investment Tuesday said it had given approval for India's largest publicly-listed telecom firm, Bharti Airtel, …
Insurance Cover
May 15, 2007 (LBO) – HNB Assurance net profit for the first quarter ended March 31, 2007 rose seven percent to 12.9 million rupees, according to …
Connections
May 15, 2007 (LBO) – Sri Lanka's Road Development Authority (RDA) is considering building an elevated or underground road to connect the fast growing …
Good Quarter
May 14, 2007 (LBO) - PABC Bank net profit for the first quarter of 2007 shot up 91% to 45. buy nolvadex online …
Hot Chillies
May 14, 2007 (LBO) – International judges marking creative works for Sri Lanka's Chillies advertising awards have been so strict on maintaining high …
Big Bucks
May 13, 2007 (LBO) – State-owned Bank of Ceylon is on a path to increase private sector lending and strengthen its capital to keep pace with a growing …
High Standards
May 13, 2007 (LBO) - The Chillies advertising awards in Sri Lanka finished Saturday with no winners among the finalists but Triad Advertising agency clinched …
Washed Up
May 12 (LBO) – High winds caused a barge anchored off Galle port in southern Sri Lanka to drag anchor and get washed ashore Friday, eyewitnesses and …
Big Claims
May 11, 2007 (LBO) – Union Assurance has reported after-tax profit for the quarter ending March 2007 fell to 21 million rupees from 33 million in the …