By Indika Sakalasooriya
The idea of a possible bubble forming in the Colombo bourse, the world’s second best performing market at the moment, has been cast aside by local market analysts
Distributors ask payout from Royal Dutch Shell
By Jithendra Antonio
In the wake of the governments’ sky high promises to offer LPG at lower prices to consumers after the buyback, The Bottom Line reliably learns that Royal Dutch Shell PLC has faced serious criticism from its distribution channel in Sri Lanka and talks are on to compensate its distributors
Fitch Upgrades Sri Lanka's Dialog to 'AAA(lka)', Outlook Stable
Rating Action & Commentary by Fitchratings
Fitch Ratings-Colombo/Mumbai/Singapore-08 October 2010: Fitch Ratings has today upgraded Sri Lanka's Dialog Axiata PLC's (Dialog) National Long-term rating to 'AAA(lka)' from 'AA(lka)',
Apparel exports to EU rise as Colombo loses tariff benefit
Bangladesh is enjoying the benefits of the EU decision to withdraw zero-tariff from Sri Lanka,
Lanka’s official reserves exceed US dollars 7 bn
The gross official reserves of the country surpassed the US dollars 7 billion level on 4th October 2010, a press communication by the Central Bank said.
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