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 …
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 …
August 29, 2006 (LBO) – Aitken Spence Hotels Holdings together with an Indian partner plans to raise up to ten million dollars in India, to fund its …
August 28, 2006 (LBO) – Just over ten foreign and local firms put in bids for a license to market lubricants in Sri Lanka, when offers closed on Monday, …
August 28, 2006 (LBO) – Sri Lanka is trying to terminate an agreement with Norwegian survey company TGS Nopec and buy up three years worth of seismic …
August 26, 2006 (LBO) – Sri Lanka is trying to clinch a free trade deal with Canada to push its apparel exports, with the industry also promised a …
August 25, 2006 (LBO) – Cheque usage in Sri Lanka has rocketed up, after an image clearing system is speeding up clearing, an official said. Sri Lanka's …
August 24, 2006 (LBO) – Sri Lanka's financial intelligence unit is looking to raise the threshold on money transactions that have to be reported to …
Aug 24, 2006 (LBO) – Sri Lanka's accounting watchdog has formed a committee to of experts to facilitate the flow emerging trends in accounting and …
August 23, 2006 (LBO) – Sri Lankan apparel exports to Europe grew by as much as 30 percent in June, as manufacturers made better use of tax breaks to the …
August 23, 2006 (LBO) – Vanik Inc., Wednesday offered creditors a chance of swapping their debt in return for equity, and also disclosed plans to reduce …
August 23, 2006 (LBO) – Overseas Realty Ceylon said Wednesday they would raise 1.25 billion rupees through a rights issue to buy up of a 60 percent stake …
August 22, 2006 (LBO) – Sri Lankan manufacturers of vegetable oil vanaspati say unsold shipments are stuck in Indian ports and in local factories after …
August 22, 2006 (LBO) – Commercial Bank of Ceylon Tuesday posted a 69 percent rise in group profits for the six months to June boosted by growth in net …
August 22, 2006 (LBO) – Sri Lanka's long-suffering fund management industry is working with market regulators to promote closed-end funds and give an …
August 22, 2006 (LBO) – Four global conferences to be hosted by Sri Lanka later this year have been cancelled on security fears, though the island is …
August 21, 2006 (LBO) – Sri Lanka's Dutch Lanka Trailers has stepped up investments plans in India following a 2 million dollar equity injection through …
August 21, 2006 (LBO) – Sri Lanka has set an end September deadline to implement commitments under its trade deals with India, Pakistan and other South …
August 21, 2006 (LBO) -- Depositors who have money and other assets in Sri Lanka's bank have till the end of the month to reactivate their accounts, and …
August 15 (LBO) - Sri Lanka’s fuel efficient small car market is racing ahead, helped by high oil prices and prohibitive taxes on larger cars. online …
August 18 (LBO) – Mysterious grenade attacks and pricing problems have pushed down sales of the Sri Lankan subsidiary of Indian Oil Corporation, with the …