Category:
Psychographics
May 22, 2013 (LBO) – Web searching in Sri Lanka for consumer products have rocketed with rapidly falling device and access prices, giving opportunities for radically different ways of doing business, a Google official said.“The search trends for all categories in Sri Lanka have increased anywhere between 12 to 25 times, be it automobile category […]
Australia set to cull 10,000 wild horses
SYDNEY, May 22, 2013 (AFP) – A controversial cull of up to 10,000 wild horses in Australia’s harsh Outback reportedly began Wednesday in a bid to control the feral animals which officials say are destroying the land. The Central Land Council said animals — including horses, donkeys and camels — were dying in their thousands […]
Sri Lanka in deal for US$580mn from China Development Bank
May 22, 2013 (LBO) – Sri Lanka has signed a deal with China Development Bank to borrow 580 million US dollars in 2013 for projects in 2013, the state information office said.The cabinet of ministers had approved a proposal by President Mahinda Rajapaksa as finance minister to sign a memorandum of understanding with CDB. CDB […]
LBR LBO Brand Summit 2013 – “Building Resilient Brands” – Tuesday 21st May 2013
Topic: Building Resilient Brands Date/Time: Tuesday 21st May 2013 | 0845 – 1750 HRS Venue: Oak Room, Cinnamon Grand Host: Lakshaman Bandaranayake | Founding Publisher, Director | Lanka Business Online Inquiries: Lakshaman Bandaranayake | lakshaman@lbo.lk | 071 176 0167 or 072 776 0167 General | summit@lbo.lk Registration fee: Rs 12,900/= per participant, 5% discount for groups of […]
Sri Lanka gilt edged funds approved as liquid assets for banks
May 21, 2013 (LBO) – Sri Lanka’s Central Bank which regulates banks and finance companies had allowed mutual funds that invest in government debt to be considered liquid assets, the Securities and Exchange Commission said.The move will allow mutual funds invested in gilts or gilt unit trusts to be bought by pension and provident funds, […]
Sri Lanka Treasuries yields steady
May 21, 2013 (LBO) – Sri Lanka’s Treasuries yields were steady at Wednesday’s auction with the three month yield flat at 8.75 percent, data from the state debt office showed.The 6-month yield fell 01 basis point to 9.90 percent and the 12-month yield rose 02 basis points to 10.86 percent. The debt office which is […]
”’ by Fitch
May 21, 2013 (LBO) – Fitch ratings has given an ‘AAA(lka)’ national fund credit rating form Ceylon Gilt Edged Fund, managed by Ceylon Asset Management (CAM). Fitch said the rating was driven by the fund’s investments in government securities which was considered ‘AAA(lka)’. The fund was also given a ‘V1(lka)’ national fund volatility rating. “The […]
Singer Sri Lanka debentures oversubscribed
May 21, 2013 (LBO) – A 1.5 billion rupee debenture offer by Singer (Sri Lanka) Plc has been oversubscribed, registrars to the issue said. The issue will close at 4.30 pm today. Singer offered 10 million unsecured debentures of 100 rupees each, up-sized to 15 million in the event of an over subscription. .
Sri Lanka stocks close down 0.3-pct
May 21, 2013 (LBO) – Sri Lanka’s stocks closed down 0.39 percent on Tuesday, following three consecutive days of gains due to a negative impact from the index heavy stocks, brokers said. Distilleries Company of Sri Lanka gained 60 cents to close 190.10 rupees while The Lion Brewery gained 6.50 rupees to close at 386.50 […]
Stable Rating
May 21, 2013 (LBO) – Fitch Ratings said an ‘AA-(lka)’ rating of Sri Lanka’s Hatton National Bank has been confirmed with a stable outlook and the bank has slowed pawning advances as gold prices fell. It also confirmed an ‘A+(lka)’ rating of HNB’s subordinated debentures of 6.0 billion rupees. “HNB’s ratings reflect its strong domestic […]
Sri Lanka branding forum kicks off in Colombo
May 21, 2013 (LBO) – A high level conference on building resilient brands kicked off in Colombo Wednesday featuring high level speakers and panelists from Sri Lanka and abroad. http://www.lankabusinessonline.com/summit/hangout Facebook page: https://www.facebook.com/pages/LBR-LBO/161852393984690 Event rundown IST: 0900 1045 HRS GMT/UTC: 0330-0515 HRS Resilient Brands, Resilient Enterprises Peter D’Almeida, Managing Director/N*able (session Char) Deshamanya J. C. […]
Sri Lanka conglomerates are investment brands
May 21, 2013 (LBO) – Sri Lankan conglomerates that had attracted strong foreign investor interest had built resilient investment brands, top executives involved in managing multi-national companies said.Punters in international markets also react like consumers do to brand, as conglomerates which are not easy hermes bags analyze, Lalith de Mel, chairman Hemas Plc and former […]