Rain threatens Murali’s Test finale in Sri Lanka
GALLE, July 17, 2010 (AFP) - Sri Lanka's world record holder Muttiah Muralitharan was geared up to bowl for the last time in the first Test against India from …
Sri Lanka tea trade sees strong demand
July 17, 2010 (LBO) - Sri Lankan tea prices are likely to stay strong on good demand from consuming countries and possible shortages caused by disruption of …
US urges Maldives to accept foreign mediation
July 17, 2010 (AFP) - The United States on Saturday urged the Maldives to accept international offers of mediation to resolve a political crisis that has led …
Sri Lankan central banker writes pro-poor book
July 17, 2010 (LBO) - A former Sri Lankan central banker has written a book that can open the eyes of third world policy makers and impoverished citizens …
Sri Lanka appoints rating advisors
July 16, 2010 (LBO) - Sri Lanka has appointed Hongkong and Shanghai Banking Corporation Ltd, Bank of America Merrill Lynch and The Royal Bank of Scotland as …
Rail Deals
July 16, 2010 (LBO) - Indian and Chinese companies have been awarded two deals to modernise and rebuild parts of Sri Lanka's railway network damaged by war and …
Liquidity Status
July 16, 2010 (LBO) - A credit guarantee scheme introduced by Sri Lanka's central bank has become operational with a finance company making use of the first …
Bank Merger
July 16, 2010 (LBO) - Sri Lanka's state-run Regional Development Banks (RDBs) are to merge, getting access to foreign funds, and diversify from agriculture …
Technology Stake
July 16, 2010 (LBO) - Sri Lanka's Environmental Resources Investment (ERI) group has invested 100 million rupees for a stake in Enterprise Technology (Pvt) Ltd …
BP stops Gulf oil flow for first time since April
NEW ORLEANS, July 16, 2010 (AFP) - British energy giant BP stopped the oil flowing into the Gulf of Mexico on Thursday for the first time in three months as it …
Sri Lanka central banker writes on good money and bad
July 16, 2010 (LBO)- Ex-central bankers seldom write books on their experiences. Perhaps, the fear of re living the traumatic experiences they would have …
India look to settle 17-year score in Sri Lanka
GALLE, July 16, 2010 (AFP) - India on Sunday embark on a third Test series in two years against Sri Lanka, with the world's top-rated side hoping to end their …
Sri Lanka former war zone economy grows: central bank
July 16, 2010 (LBO) - Sri Lanka's northern and eastern provinces slightly increased their share of national Gross Domestic Product last year compared with 2008 …
Sri Lankan stocks close up 0.84-pct
July 15, 2010 (LBO) - Sri Lankan stocks closed higher Thursday from price gains on manufacturing, hotel, hospital and banking shares, while retail investors …
Cargo Risk
July 15, 2010 (LBO) - International insurers have removed Sri Lanka from their cargo war risk insurance list paving the way for reduced import costs, removal …
India Assam tea output to fall on pest attack: report
July 15, 2010 (LBO) - Tea output in India's Assam region, the country's top production region may fall 30 to 40 percent in the second half of 2010, leading to …
Dual Fight
July 15, 2010 (LBO) - Sri Lanka's Nokia sales agents want to preserve market share by winning back customers from Chinese brands with the launch of handsets …
IT IPO
July 15, 2010 (LBO) - Sri Lanka's PC House, an information technology firm, will raise 630 million rupees in an initial public offering (IPO) to expand its IT …
South Korea unveils new measures to attract foreign tourists
SEOUL, July 15, 2010 (AFP) - South Korea Thursday unveiled new measures such as development of ecological attractions to attract more foreign tourists, …
Indonesia lukewarm on Australia asylum centre plan
JAKARTA, July 15, 2010 (AFP) - Indonesia gave a lukewarm response Thursday to Australia's plans for a processing centre for asylum-seekers in East Timor, …