LBO Newsletter

TODAY'S STORIES - 14th September, 2010 Sri Lanka rating raised to 'B+' by S&P Sept 14, 2010 (LBO) - Standard & Poor's has raised its long-term foreign currency sovereign credit rating on Sri Lanka to 'B+' from 'B' and the long-term local currency rating to 'BB-' from 'B+' with a stable outlook, a statement said. Sri Lanka half-year budget deficit on track Sept 14, 2010 (LBO) - Sri Lanka budget deficit up to June 2010 is on track with projected numbers though deficit monetization in subsequent weeks points to greater net cash deficits, official data show. Trading Tuesday Sri Lankan stocks close up 0.72-pct Road Show Sri Lanka begins road show to market $1bn bond Health Message Sri Lanka mobile phone project helps early detection of killer diseases Oh Oh Cuba to axe one million state jobs Get Set Sri Lanka 'pilot census' to begin in October Refugee Saga Info on Tamil refugees stolen in Canada break-in Clean Energy Spanish wind turbine firm Gamesa to triple China investments Supply Gap Asia diamond thirst behind Rio's 800 million dollar spend Rating Upgrade S&P raises Argentina rating on brighter outlook LBO COLUMN of the week Deadly Nexus Sri Lanka needs peoples' monetary policy, not rulers': fuss-budget Please click hear to Subscribe or Unsubscribe from this newsletter Lanka Business Online Vangaurd Management Services Private Ltd. No.15, Prof. Ediriweera Sarathchandra Mw,Epitamulla,Pitakotte,Sri Lanka. P: +94 (0)11 5369182-187 F: +94 (0)11 2866792 E: LBOEmail@vanguardlanka.com

EDITOR'S PICK Agency Debt Sri Lanka opens state agency debt to foreign buyers Duty Gains Sri Lanka revenue soars after vehicle import tax cut: official Land Mobility Sri Lanka urged to lift land controls by World Bank RECENT STORIES Twenty20 Klinger gatecrashes South African party to tame Lions Basle III Central bankers reach deal on new bank regulations Tourist Trends Sri Lanka tourist arrivals up 35-pct in August Shell Value Sri Lanka shell company bidding war intensifies Hospital Expansion Sri Lanka Asiri buys firm with land for hospital Stock Cycle India shares breach 19,000 points level