KEC International eyes major infrastructure projects
KEC International Limited, one of the largest power transmission Engineering, Procurement and Construction (EPC) companies in the world, is exploring opportunities in infrastructure development projects here.
[Views:32] [Tue, Jan 06, 2009] [Full Article]

Debt obligations - Lanka has unblemished record - CB Governor
Sri Lanka has never defaulted payment of any loan and has maintained an unblemished record in servicing debt obligations said, Central Bank Governor Ajith Nivard Cabraal at the presentation of Road Map Monetary and Financial sector policies for 2009 last week.
[Views:23] [Tue, Jan 06, 2009] [Full Article]

Brandix rated ‘Platinum’ for Corporate Accountability
Top apparel exporter, one of the four highest-rated companies in Sri Lanka’s first ‘Report Card’ on accountability Brandix Lanka Limited, Sri Lanka’s iconic apparel solutions company, has been accorded a Platinum rating in the country’s first ‘Report Card’ on Corporate Accountability.
[Views:14] [Tue, Jan 06, 2009] [Full Article]

Maldives invite local businessmen
Maldivian President Mohamed Nasheed on Saturday implored Sri Lankan business leaders to acquire Madivian state run enterprises that he said, his Government was hoping to divest soon.
[Views:22] [Mon, Jan 05, 2009] [Full Article]

Nenasala, new year gift to Nagadeepaya
The Government gave an apt new year gift to the technology-hungry youth and public of Jaffna at the dawn of 2009.
[Views:18] [Mon, Jan 05, 2009] [Full Article]

Cargills achieves Platinum Band rating for Corporate Accountability
Cargills (Ceylon) PLC has been rated in the Platinum Band of the inaugural Corporate Accountability rating conducted by STING Consultants.
[Views:22] [Mon, Jan 05, 2009] [Full Article]

Seylan Bank stable - customers need not panic - CEO
The financial status of Seylan Bank is stable and customers need not fear or panic over any uncertainty about their deposits, said CEO, Seylan Bank PLC, Ajitha Pasqual
[Views:66] [Sun, Jan 04, 2009] [Full Article]

Invest more on tea branding and value addition -NCE chairman
The tea market stabilised with tea prices increasing in December and this would improve further in January, said the President of the National Chamber of Exporters (NCE) and Chairman, HVA Lanka Exports (Pvt) Ltd. Rohan Fernando.
[Views:30] [Sun, Jan 04, 2009] [Full Article]

Lankan migrant workers’ jobs secure
The jobs of Sri Lankan migrant workers are secure and no employee has returned to the country due to the impact of the global recession, said Chairman, Sri Lanka Foreign Employment Bureau, (SLFEB), Kingsley Ranawaka.
[Views:33] [Sun, Jan 04, 2009] [Full Article]

Biz confidence intact - LMD
The only measure of business confidence in this country, the LMD-Nielsen Business Confidence - or BCI, as it is known - moved up from 87 in the previous month to 94, says business magazine LMD, in its January issue.
[Views:15] [Sat, Jan 03, 2009] [Full Article]

Revised MBSL Midcap Index for 2009
The Merchant Bank of Sri Lanka PLC revised its MBSL Midcap Index from January 1, 2009. The index which was launched in 1999 is revised annually. The criteria for selecting the twenty-five stocks of the index remained unchanged and are: a) Middle range market capitalization, b) Liquidity, c) Profitability.
[Views:19] [Sat, Jan 03, 2009] [Full Article]

Planters’ Association hails bail out package
Planters’ Association of Sri Lanka Chairman and Agrapatana Plantations Director G.D.V. Perera said the Association was pleased about the bail out package to be provided by the Government at reduced interest rates, which he said, that the industry was made to understand was for a month where the working capital was to be tied to the current crisis.
[Views:18] [Sat, Jan 03, 2009] [Full Article]

Biz confidence intact - LMD
The only measure of business confidence in this country, the LMD-Nielsen Business Confidence - or BCI, as it is known - moved up from 87 in the previous month to 94, says business magazine LMD, in its January issue.
[Views:24] [Fri, Jan 02, 2009] [Full Article]

Revised MBSL Midcap Index for 2009
The Merchant Bank of Sri Lanka PLC revised its MBSL Midcap Index from January 1, 2009. The index which was launched in 1999 is revised annually. The criteria for selecting the twenty-five stocks of the index remained unchanged and are: a) Middle range market capitalization, b) Liquidity, c) Profitability.
[Views:17] [Fri, Jan 02, 2009] [Full Article]

Planters’ Association hails bail out package
Planters’ Association of Sri Lanka Chairman and Agrapatana Plantations Director G.D.V. Perera said the Association was pleased about the bail out package to be provided by the Government at reduced interest rates, which he said, that the industry was made to understand was for a month where the working capital was to be tied to the current crisis.
[Views:14] [Fri, Jan 02, 2009] [Full Article]

Banks stable under CB scrutiny
Central Bank Governor Ajith Nivard Cabraal reiterated that the local banking system is stable and none of the other private or State banks are under scrutiny.
[Views:25] [Thu, Jan 01, 2009] [Full Article]

LOLC forges ahead with strong growth
The LOLC Group reported strong growth for the second quarter with income for the three months almost doubling when compared with the same period of the previous year.
[Views:16] [Thu, Jan 01, 2009] [Full Article]

LMD introduces ‘Report Card’
LMD’s January issue features the first-ever ‘Report Card’ on corporate accountability, based on the implementation of a strategic approach to corporate accountability.
[Views:15] [Thu, Jan 01, 2009] [Full Article]

Rs. 16b economic stimulus package
An economic stimulate package has been announced by the government from midnight yesterday to kick start the industrial growth which has been affected by the global economic recession.
[Views:17] [Wed, Dec 31, 2008] [Full Article]

Loans for tea smallholders
The Government has agreed to give a working capital loan for tea industrialists in the private sector to overcome difficulties due to the existing crisis. This decision was taken following the meeting held between President Mahinda Rajapaksa and the stakeholders of the industry on Monday.
[Views:23] [Wed, Dec 31, 2008] [Full Article]