Sri Lanka business and economy news as it breaks from Lanka Business Online

Wed, 22 May 2013 23:52:55

Sri Lanka Telecom soft launches very high speed VDSL2

May 22 16:23:18

May 22, 2013 (LBO) - Sri Lanka Telecom the only wireline operator in the country, said it had soft-launched a VDSL2 (Very-High-Bit-Rate Digital Subscriber Line 2) fixed broadband service.

Sri Lanka stocks close up 0.3-pct

Sri Lanka based MillenniumIT appoints new chief

Australia set to cull 10,000 wild horses

Project Loans : Sri Lanka in deal for US$580mn from China Development Bank

Psychographics : Sri Lanka web search, Youtube viewing zooming: Google

Finance Rating : Sri Lanka's Melsta Regal Finance rated 'A+(lka)': Fitch

Liquid Rule : Sri Lanka gilt edged funds approved as liquid assets for banks

Trading Wednesday : Sri Lanka stocks close down 0.3-pct

Bill Auction : Sri Lanka Treasuries yields steady

Fund Rating : Sri Lanka's Ceylon Gilt Edged Fund rated 'AAA(lka)' by Fitch

Investment Brands : Sri Lanka conglomerates are investment brands

Oversubsribed : Singer Sri Lanka debentures oversubscribed

Brands Live : Sri Lanka branding forum kicks off in Colombo

RECENT NEWS

Stable Rating : Sri Lanka HNB 'AA-(lka)' rating confirmed, pawning slowed: Fitch

Oil Sales : Sri Lanka IOC unit net up in March

Group Direction : Sri Lanka's Hayleys group profits up

Bond Sale : Sri Lanka's Mercantile Investments to sell Rs1bn bonds

Trading Monday : Sri Lanka stocks close up 1.3-pct

Wage Unrest : Unrest erupts in Bangladesh's troubled garment hub

Insurance Numbers : Sri Lanka unit of Allianz says profits, written premium up

Vehicle Trends : Sri Lanka vehicle registrations pick up in April

Micro Expansion : Sri Lanka micro financier to expand into former war zones

Rapproachment : Visiting Chinese PM vows to build trust with India

IN BRIEF

Seral Stage

Making it Fit

IN VIEW

Art Location

Partner Award

ECONOMY

Project Loans : Sri Lanka in deal for US$580mn from China Development Bank

Investment Brands : Sri Lanka conglomerates are investment brands

FINANCE

Finance Rating : Sri Lanka's Melsta Regal Finance rated 'A+(lka)': Fitch

Stable Rating : Sri Lanka HNB 'AA-(lka)' rating confirmed, pawning slowed: Fitch

Overnight Rates

Now Last Week

3 mon 8.75

6 mon 9.91

12 mon 10.84

2 years - -

3 years - -

Source: CBSL

Today Yesterday

SLIBOR 9.03 9.02

Call 9.00 9.00

Source: CBSL

Close

ASPI 6,461.20

0.31

S&PSL20 3,669.65

0.08

Midcap 8,076.58

0.17

Sales 767,665,846

Source: CSE

SL Rs... SL Rs.

$ 127.85 127.81

194.17 195.19

165.84 165.26

1.2535 1.2526

CBSL ( Com. bank selling)

World Pulse

Inflationism: Ordinary Japanese suffer pain of loose policy; trade gap widens

Oil Reax: Oil prices drop before Fed chief's testimony

CHOICES

Electricity tariff 2013: Forward or backward step for regulation

Reimagining public transport in Sri Lanka

THRIFT COLUMN

Maggie Thatcher, slayer of high inflation and expropriation, dies

Sri Lanka's demand for fiscal funding from IMF is not relevant: fuss-budget

ANALYSIS

Negative Fallout: Sri Lanka SOE losses hurt investment and jobs: IMF

Harmonious: Sri Lanka fiscal and monetary authorities in harmony: officials

READER COMMENTS

Choices(3): We have the potential for extraordinary...

Come Hither(1): This is a great initiative, We have been...

No More(2): We just took a another giant step towards...

Data Standards(2): The only one who loses out on a non...

Trade Standards(1): Just go to Udunuwara, Welamboda, Watadeniya,...

Official Warning(1): A friend of mine and I were mugged in a...

Forex Gains(1): We are mineral consultants and we need to...

Tariff Proposals(8): I agree with Roy about the comment on the...

MOST POPULAR

Holding

Subsidies

Water Pressure

Coal Plant

Fixed Price

EDITOR'S PICK

Margin Matter

Rail Waste

Tough Going

Higher Priority

Travel Surge

SPORTS

Gaming Error: Indian cricketer Sreesanth held for spot-fixing

Teen Search: Allianz seeks Sri Lankan teens for football camp in Germany

SOUTH ASIA

Wage Unrest: Unrest erupts in Bangladesh's troubled garment hub

Rapproachment: Visiting Chinese PM vows to build trust with India

INDO CHINA

Super Fast: Sri Lanka Telecom soft launches very high speed VDSL2

Liquid Rule: Sri Lanka gilt edged funds approved as liquid assets for banks

Bill Auction: Sri Lanka Treasuries yields steady

Oversubsribed: Singer Sri Lanka debentures oversubscribed