Sri Lanka tea trade says expects short quality season
Mar 19, 2010 (LBO) - Sri Lanka's tea industry expects a short 'Western quality season' this year with teas that had the desired quality picking up in price at …
Sri Lanka poultry industry squeezed by state controls
Mar 19, 2010 (LBO) - Sri Lanka's poultry industry has been squeezed by taxes on imported maize which pushed feed costs up and price controls on processed …
Sri Lanka’s inflation debate: should the CB continue with ‘no policy action’?
Mar 19, 2010 (LBO) - Sources from the Central Bank indicate that the Monetary Board, in its deliberation for the monetary policy action in the month ahead, has …
Sri Lanka kicks off second coal plant
Mar 19, 2010 (LBO) - Sri Lanka's president Mahinda Rajapaksa has launched the second stage of a coal power complex built with Chinese financing which will add …
Sri Lanka’s first commercial wind energy plant to start
Mar 18, 2010 (LBO) - Senok Wind Power, Sri Lanka's first commercial wind energy plant, will start operating this month in Puttalam in the island's north …
Sri Lanka shares close 0.35-pct down, more deals in Lighthouse
Mar 18, 2010 (LB0) - Sri Lankan shares closed down Thursday as investors continued taking profits ahead of elections, while there was more heavy trading in The …
Sri Lanka sate-run provident fund buys into hotel
Mar 18, 2010 (LBO) - Sri Lanka state-run Employees Provident Fund of private citizens had bought a 10 percent stake in Lighthouse Hotel, a unit of the Jetwing …
Arbitrary Rule
SEOUL, March 18, 2010 (AFP) - North Korea has executed a top financial official blamed for a bungled currency revaluation that triggered chaos in the communist …
Sri Lanka’s Ceylinco Insurance eyes East Asia, Middle East: senior official
Mar 18, 2010 (LBO) – Sri Lanka's Ceylinco Insurance Company is to tie up with insurance companies in Asia and the Middle-East to market a motor policy …
Sri Lanka’s Rajapakse rejects early pardon for Fonseka
SINGAPORE, March 18, 2010 (AFP) - Sri Lankan President Mahinda Rajapakse has ruled out an early pardon for his election rival Sarath Fonseka and dismissed the …
Protest over arrest of Sri Lanka reporter linked to Fonseka
March 18, 2010 (AFP) - Sri Lankan media groups Thursday protested against the arrest of a reporter close to Sarath Fonseka, the detained ex-army chief who …
Sri Lanka calls investments for capital city urban development
Mar 18, 2010 (LBO) - Sri Lanka is inviting investments for a high-rise complex proposed for prime land in the congested city that will be cleared of slums as …
Sri Lanka policy rates frozen amid rising inflation, excess liquidity
Mar 18, 2010 (LBO) - Sri Lanka held policy rates frozen in March as inflation accelerated, central bank financing of the budget deficit increased to new highs …
Sri Lanka short term Treasuries barely changed
Mar 17, 2010 (LBO) - Sri Lanka Treasuries yields were barely changed at Wednesday's auction though the short end moved up 02 basis points, the government's …
Sri Lanka bonds yields slide on foreign buying hopes
Mar 17, 2010 (LBO) - Sri Lanka's bond yields fell Wednesday after authorities told banks to find foreign buyers for 2.online pharmacy …
Sri Lankan stocks close 0.45-pct down on retail profit taking
Mar 17, 2010 (LBO) - Sri Lankan shares closed lower almost across the board Wednesday as retail investors took profits, while a large deal on Lighthouse Hotel …
Bike Ride
Mar 17, 2010 (LBO) - Sri Lanka's Singer unit said its sales of motor cycles and bicycles picked up speed in 2009, with demand from former war-torn areas, while …
Sri Lanka hotels dress up for post-war rush
March 17, 2010 (AFP) - Sri Lanka's hotel owners are racing to refurbish and add thousands more rooms as foreign holidaymakers pour into the country after the …
Cold Chain
Mar 17, 2010 (LBO) - Sri Lanka's Finlays Colombo group said it is considering expanding its cold storage business into a network with profitability improving …
Sri Lanka trial of ex-army chief adjourned
March 17, 2010 (AFP) - The court martial of Sri Lanka's former army chief was adjourned on Wednesday after judges said they could not hear both of the separate …