Sri Lanka Financial News

There has been a marked growth in lending with many economic
2010-09-04 / source : SLNT / :: Rating : rate it : 1

There has been a marked growth in lending with many economic activities in the Northern and Eastern provinces and banks expanding their branch network. Total assets of the banking sector as at end ....

There has been a marked growth in lending with many economic
2010-09-03 / source : SLNT / :: Rating : rate it : 1

There has been a marked growth in lending with many economic activities in the Northern and Eastern provinces and banks expanding their branch network. Total assets of the banking sector as at end ....

This Time Seen Different as Emerging Stocks Top Developed Wo....
2010-09-02 / source : bloomberg / :: Rating : rate it : 1

Emerging-market stocks are trading at the highest valuations relative to advanced-country shares in more than two years as faster economic growth persuades the biggest investors to look past historica ....

The Leasing Association of Sri Lanka (LASL)
2010-09-01 / source : SLNT / :: Rating : rate it : 1

The Leasing Association of Sri Lanka (LASL), the Apex body of the leasing industry in Sri Lanka has teamed up with the Banking With The Poor Network (BWTP) as a Supporting Partner for AMF 2010. AMF ....

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Sri Lanka news today Last Update AT : 2010-09-06

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The shipping industry will be geared to contribute 40 percen....
2010-08-31 / source : SLNT / :: Rating : rate it : 1

The shipping industry will be geared to contribute 40 percent of the GDP from port and port related industries with the completion of port development projects islandwide. The Colombo Port expects ....

Sri Lankan Tourism will hit a record US $ 450 million revenu....
2010-08-29 / source : SLNT / :: Rating : rate it : 1

Sri Lankan Tourism will hit a record US $ 450 million revenue target this year. This would be over 50 percent increase as against the previous year. The Director General Sri Lanka Tourism said that ....

National Savings Bank’s net interest income reported an incr....
2010-08-28 / source : SLNT / :: Rating : rate it : 1

National Savings Bank’s net interest income reported an increase of Rs 2.8 billion from Rs 2.1 billion in first half 2009. Total deposits increased to Rs 330 billion, or 6 percent, on solid increase i ....

Ceylon Institute of Builders (CIOB) will launch the green bu....
2010-08-26 / source : SLNT / :: Rating : rate it : 1

Ceylon Institute of Builders (CIOB) will launch the green building concept today to create more business opportunities and upgrade the construction industry. CIOB President Dr Rohan Karunaratne sai ....

FDIs see marked increase
2010-08-26 / source : dailynews / :: Rating : rate it : 1

There has been a positive growth in the foreign direct investment (FDI) of BOI enterprises in the agriculture, manufacture and services sectors for the first six months of 2010 compared to the corresp ....

total cost of environmental damage from various aspects in S....
2010-08-23 / source : SLNT / :: Rating : rate it : 4.5

The total cost of environmental damage from various aspects in Sri Lanka stands at Rs 10,201 million which is 2.4 percent of the country’s Gross National Product. Speaking at the inauguration of annua ....

provide Rs 5 billion to promote ‘Pure Ceylon Tea’
2010-08-23 / source : SLNT / :: Rating : rate it : 1

The Government will provide Rs 5 billion to promote ‘Pure Ceylon Tea’ in the international market in the next five years. This program will be implemented from November 1 this year. Each year Rs 1 bil ....

The Unit Trust industry performed significantly during the f....
2010-08-21 / source : SLNT / :: Rating : rate it : 1

The Unit Trust industry performed significantly during the fist seven months of this year. Growth and Balanced funds performed remarkably with the stock market boom. Unit Trust Association of Sri L ....

The Unit Trust industry performed significantly during the f....
2010-08-20 / source : SLNT / :: Rating : rate it : 1

The Unit Trust industry performed significantly during the fist seven months of this year. Growth and Balanced funds performed remarkably with the stock market boom. Unit Trust Association of Sri L ....

The housing loan interest rate which was reduced last Octobe....
2010-08-13 / source : SLNT / :: Rating : rate it : 1

The housing loan interest rate which was reduced last October has fuelled growth in the lending market. The reduction of interest rate over time has increased the demand for housing loans. The H ....

Sri Lanka provides the most cheapest prices for broadband co....
2010-08-12 / source : SLNT / :: Rating : rate it : 4

Sri Lanka provides the most cheapest prices for broadband connectivity in the South Asian region now, Information and Communication Technology Agency (ICTA) Technology Head and Chief Software Architec ....

Ashok Leyland has bagged an order worth $26 million to expor....
2010-08-11 / source : sify / :: Rating : rate it : 1

Commercial vehicle manufacturer Ashok Leyland has bagged an order worth $26 million to export 1,000 buses to Sri Lanka by March 2011. The order is for Viking buses with seating capacity varying fr ....

Minor International of Thailand together with its local part....
2010-08-10 / source : SLNT / :: Rating : rate it : 1

Minor International of Thailand together with its local partner Hemas Holdings, and through its subsidiary Serendib Hotels has acquired 100 percent shares of Cyprea Lanka, the owner and operator of Ka ....

Micro sends first shipment to Nepal
2010-08-10 / source : dailynews / :: Rating : rate it : 1

Micro Cars will be exporting its first shipment of vehicles to Nepal by the end of August. Dr Lawrence Perera “Micro has signed an agreement with Nepal’s Malla Group in exporting these vehicl ....

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