Sri Lanka insurance sector grows in tight conditions
July 28, 2009 (LBO) – Sri Lanka's life insurance sector grew 13.9 percent taking in gross written premiums of 23.6 billion rupees in 2008, a year that …
US ‘deeply concerned’ over Sri Lankan camps: envoy
July 27, 2009 (AFP) - The United States was "deeply concerned" that tens of thousands of displaced people were still locked inside camps two months after Sri …
Sri Lanka sees revenue improving with strong tax effort
July 28, 2009 (LBO) - Sri Lanka's central bank said it expects government revenue collection to improve later this year, despite the downturn in the first few …
Sri Lankan stocks up
July 27, 2009 (LBO) - Sri Lankan shares made further gains Monday as selected blue chips like Commercial Bank, Dialog Telekom and Distilleries pushed indices …
Train Trouble
July 27, 2009 (LBO) - Sri Lanka's railway needs to raise fares and train travellers must be prepared to pay more to reduce losses and make the state-owned …
Capital Education
July 27, 2009 (LBO) – Management and finance students of Jaffna University will get easy access to Colombo Stock Exchange data, market regulator …
Sri Lanka IMF supported budget implies tight second half
July 27, 2009 (LBO) - Sri Lanka's IMF supported budget for 2009 implies a more credible revenue target, maintaining nominal capital expenditure at previous …
Sri Lanka keeps back IMF technical MOU
July 27, 2009 (LBO) - Sri Lanka has not released the technical memorandum of understanding between the government and the International Monetary Fund, taking a …
Slow Lane
July 26, 2009 (LBO) - Too many transport ministries and agencies which do not co-ordinate effectively has resulted in poor transport service in Sri Lanka and …
Indian reality TV’s tryst with truth draws protests
NEW DELHI, July 26, 2009 (AFP) - The Indian version of a US reality TV show that extracts secrets from minor celebrities has caused protests and a furore in …
Sri Lanka IMF program a framework for donor support: mission chief
July 26, 2009 (LBO) - A 20-month International Monetary Fund backed economic plan will boost Sri Lanka's reserves and provide a framework for donors to back …
Sri Lanka central bank to clean up data act under IMF program
July 26, 2009 (LBO) - Sri Lanka's central bank will improve data reporting following the approval of a 2.6 billion US dollar facility by the International …
Court Block
July 25, 2009 (AFP) - A Sri Lankan court has ordered a dozen websites to be blocked for allegedly containing pornographic material involving local women and …
Tech Venture
July 25, 2009 (LBO) - Sri Lanka's Aitken Spence had formed a company to develop hotel sector software, California Software Company Limited (Calsoft), a Bombay …
Sri Lanka gets US$2.6bn from IMF on tight budget, rupee flexibility
July 25, 2009 (LBO) - The International Monetary Fund has approved a 2.6 billion US dollar loan to Sri Lanka with a 322 million dollar tranche being …
Sri Lankan stocks up 4.0-pct during week
July 24, 2009 (LBO) - Sri Lankan shares gained on Friday as foreign investors pushed up trading volumes especially on selected blue chips such as John Keells …
Daft Draft
July 24, 2009 (LBO) - Sri Lanka's draft national transport policy came in for strong criticism at a public forum by experts who said it ignored important modes …
Sea Links
July 24, 2009 (LBO) - Sri Lanka plans to propose reviving ferry services and a railway link with India, across the Palk Straits, at a conference of south Asian …
Knowledge Work
July 24, 2009 (LBO) - Sri Lanka's software industry said a survey of export earnings indicates it had grown rapidly in a short period and had high levels of …
Easy Chats
July 24, 2009 (LBO) - Sri Lanka Telecom said it won a contract to provide communications to the island's Ministry of Science and Technology and 300 technology …