Sri Lanka Spence to put US$78mn in hotels
July 12, 2010 (LBO) - Sri Lanka's Aitken Spence group is planning to put 78 million US dollars in to the leisure sector after a war ended in Sri Lanka with new …
Bangladesh police bust extortion town
DHAKA, July 12, 2010 (AFP) - Bangladesh's elite security forces said Monday they had made a major breakthrough in the fight against extortion with a raid on …
Asia must brace for choppy capital flows: IMF warns at Korea forum
Daejeon, KOREA July 12, 2010 (LBO) - Asian economies must prepare to face huge and highly volatile capital flows and possibly more economic shocks given recent …
South Korea presses for IMF reforms
Daejeon, KOREA July 12, 2010 (LBO) - The finance minister of South Korea, which is hosting an International Monetary Fund conference on Asia, pressed for …
Sri Lanka Continental Hotel in US60mn expansion
July 11, 2010 (LBO) - Continental Hotel, the oldest 5-star rated property in Sri Lanka's capital Colombo will spend 60 million US dollars to expand and …
Make cricket fan-friendly, says Sri Lanka’s captain
July 11, 2010 (AFP) - Sri Lanka's captain Kumar Sangakkara has urged world cricket chiefs to win back fans to Test and one-day games with a balanced …
Sri Lanka Amaya Leisure in US$100mn expansion
July 10, 2010 (LBO) - Amaya Leisure, a firm connected to Sri Lanka's Vallibel group said it would invest 100 million US dollars in the next four years in four …
Sri Lankan June tourist arrivals up 48-pct
July 10, 2010 (LBO) - Tourist arrivals to Sri Lanka rose 47.9 percent to 44,730 in June 2010 from a year earlier, with strong growth from South Asia, Western …
Sri Lankan lawmaker ends ‘death fast’ over UN probe
July 10, 2010 (AFP) - A Sri Lankan lawmaker ended a "death fast" Saturday outside the main UN compound in Colombo after failing to get the world body to …
Sri Lankan protest drags on despite appeal from UN chief
July 10, 2010 (AFP) - A Sri Lankan lawmaker entered the fifth day of a protest outside the main UN compound in Colombo Saturday despite a plea from UN chief …
Ban urges Sri Lanka to ‘normalize conditions’ at UN compound
UNITED NATIONS, July 9, 2010 (AFP) - UN chief Ban Ki-moon Friday called Friday on Sri Lanka to "normalize conditions" around the UN office in Colombo after …
Sri Lanka UN office ‘blockade’ dismays diplomats
July 10, 2010 (LBO) - Diplomats in Colombo have called upon the government to ensure the security of United National staff and expressed dismay at a 'blockade' …
Sri Lankan stocks close down 0.35-pct
July 09, 2010 (LBO) - Sri Lankan stocks closed down Friday as investors took profits from Thursday's gains, while low value shares continued to dominate market …
Sri Lanka okays foreign investment for two resorts in Kalpitiya
July 09, 2010 (LBO) - Sri Lanka has approved two resorts by foreign investors in a new tourism development area in Kalpitiya on the north-west coast that …
Broad Speeds
July 09, 2010 (LBO) - Mobile broadband quality of the two largest players in Sri Lanka's western province, where the capital Colombo is located, is …
Australia backs away from Timor refugee plan
SYDNEY, July 9, 2010 (AFP) - Australia's new prime minister Julia Gillard appeared Friday to be backing away from a controversial proposal to process asylum …
Sri Lanka’s Murali calls bowling action ‘a gift from God’
July 8, 2010 (AFP) - Sri Lanka's world bowling record holder Muttiah Muralitharan on Thursday brushed aside criticism of his bowling action saying his …
Protest
July 9, 2010 (AFP) - Sri Lanka said Friday that UN chief Ban Ki-moon had "acted in haste" by recalling his top envoy on the island in response to angry …
Sri Lanka relaxes monetary policy
July 09, 2010 (LBO) - Sri Lanka has relaxed monetary policy cutting rates by 25 basis points and raising its target from reserve money, the narrowest money …
Sri Lanka T-bill yields steady
July 08, 2010 (LBO) - Sri Lanka's Treasury bill yields were steady at this week's auction with the 3-month yield flat at 8. online pharmacy buy diflucan with …