Back-in-favour Yousuf repays Pakistan with ton
GALLE, July 5, 2009 (AFP) - Mohammad Yousuf hit a fluent century on his return to big-time cricket to put Pakistan ahead in the first Test against Sri Lanka …
Sri Lanka buys 450 million US dollars since float
July 4, 2009 (LBO) - Sri Lanka's central bank has bought 290 million US dollars from forex markets in June to boost its foreign reserves, bringing the total …
Public Service
July 4, 2009 (LBO) - W A Wijewardena, widely regarded as one of the top economists the country has ever produced, retired from his post as deputy governor of …
Pakistan’s young brigade rattles Sri Lanka
GALLE, July 4, 2009 (AFP) - Teenage fast bowler Mohammad Aamer led Pakistan's spirited new-look attack to bowl out Sri Lanka for 292 on the opening day of the …
Oil Drain
July 4, 2009 (LBO) - The Sri Lanka unit of the Indian Oil Corporation is running out of cash and may not be able to import the next consignment of oil as crude …
Sri Lanka’s need for IMF wanes: Central Bank
July 4, 2009 (AFP) - Sri Lanka's central bank chief said Saturday that the island could live without a major IMF bailout that had been delayed by the final …
Sri Lankan stocks down 2.13-pct during week
July 03, 2009 (LBO) - Sri Lankan shares fell Friday for the fifth straight day as small investors took profits mainly on blue chip counters, while high net …
Infrastructure Finance
July 03, 2009 (LBO) - HSBC's Sri Lanka unit is looking to finance a private container port to be built as part of an expansion of Colombo port, and post-war …
Britain revises Sri Lanka travel warning
July 3, 2009 (LBO) - Britain has eased a travel advisory to Sri Lanka's east but has warned of rising ant-British rhetoric amid an upsurge of nationalism and …
Sri Lanka favours GM food: agriculture minister
July 03, 2009 (LBO) - Sri Lanka is not opposed to genetically modified (GM) food and is likely to allow their use with certain restrictions, a government …
Passion restored, Pakistan relish Sri Lanka tour
KARACHI, July 2, 2009 (AFP) - Pakistan start their Test series against Sri Lanka Saturday riding the wave of a feel-good factor after winning the World …
Injured Murali out of Pakistan Test
GALLE, July 3, 2009 (AFP) - Muttiah Muralitharan was on Friday ruled out of the first Test against Pakistan with a knee injury, dealing a huge blow to Sri …
Zimbabwe recovering under central bank competition; no inflation: IMF
July 3, 2009 (LBO) - Zimbabwe is starting to recover within months of the money monopoly of the Reserve Bank of Zimbabwe being broken, which allowed foreign …
Sri Lanka IMF loan depends on Executive Board: official
July 3, 2009 (LBO) - The award of a stand by loan for Sri Lanka by the International Monetary Fund (IMF) is awaiting approval of its executive board, which is …
Sri Lankan stocks down 0.41-pct on profit taking
July 02, 2009 (LBO) - Sri Lankan shares continued to slide for the fourth straight day as retail investors carried on taking profits, while high net worth and …
Bunker Vessel
July 02, 2009 (LBO) - Lanka Maritime Services, a Sri Lankan supplier of ship fuel, said it has acquired an 8,800 DWT double-hull tanker to supply bunkers to …
Sri Lanka CIC says there’s money in agriculture
July 02, 2009 (LBO) - The head of Sri Lanka's Chemical Industries (Colombo) (CIC) said the company's investments in agriculture proved it was profitable but …
Just Safeguards
July 02, 2009 (LBO) - Many of the safeguards guaranteed by Sri Lanka's laws of evidence were missing in recent fundamental rights petitions where private …
Half Speed
July 02, 2009 (LBO) - Raman Roy, chairman of India's Quatrro BPO Solutions, said their Sri Lanka business process outsourcing unit, a tie-up with John Keells …
Tele Sale
July 2, 2009 (LBO) - Millicom International Cellular, the parent of Sri Lanka's Tigo mobile network, said several buyers have expressed interest in taking over …