All News

Flight of Fancy

May 11, 2007 (LBO) -- Sri Lanka plans to double the price of lottery tickets and use the extra cash to build a second international airport in …

No Split

May 10, 2007 (LBO) – A listed hotel firm in Sri Lanka has decided not to go ahead with a share split citing provisions in a new company law …

Total Failure

May 10, 2007 (LBO) – Sri Lanka's national power utility has started to restore power to the capital Colombo following an island-wide power …

Still Trying

May 09, 2007 (LBO) -- Nippon Telegraph and Telephone, Japan's largest phone company, said Wednesday it has still not sold its flagship investment in …

Splitting Hairs

May 9, 2007 (LBO) – Firms that declared a 'bonus' issue but have not yet ratified it with a shareholder vote will have to go through a process …

Tele Numbers II

May 9, 2007 (LBO) – Sri Lanka Telecom, the country's largest fixed access operator saw after tax profits growing by 53 percent to 1.98 billion …