Freed
May 22, 2008 (AFP) - An appeal court on Thursday overturned a two-year prison term for breaking immigration law and dropped all charges against former cricket …
Soft Challenge
May 22, 2008 (LBO) – Search engine giant Google has accepted 24 student projects from Sri Lanka's University of Moratuwa, for an open-source software …
Sri Lanka Brandix to put creations on catwalk
May 22, 2008 (LBO) – Sri Lanka's apparel giant Brandix says its creations with an emphasis on eco-friendliness will be on display on the second day of a …
Sri Lanka power demand hits new record
May 22, 2008 (LBO) – Sri Lanka's national grid operated by the Ceylon Electricity Board (CEB) hit a new night peak demand of 1922MegaWatts on May 21, an …
Sri Lanka trade deficit doubles in March
May 22, 2008 (LBO) – Sri Lanka's trade deficit doubled in March 2008 to 448 million dollars as imports ratcheted up 32 percent while exports grew only …
Telekom Malaysia’s quarterly profit falls
KUALA LUMPUR, May 22, 2008 (AFP) - Telekom Malaysia said Thursday its net profits in the first quarter fell 12.8 percent from a year ago to 519.buy orlistat …
Fed signals end of monetary policy road
WASHINGTON, May 21, 2008 (AFP) - The Federal Reserve sent out signals Wednesday the US economy will have to muddle through its crisis without further rate …
Oil smashes 135 dollars in Asian trade
SINGAPORE, May 22, 2008 (AFP) - Oil smashed past 135 dollars a barrel for the first time Thursday, continuing its astonishing rise following unexpected drops …
Sri Lanka says human rights concerns being addressed
May 22, 2008 (LBO) – Sri Lanka's government has downplayed the loss of its seat on the United Nations Human Rights Council and said it needed more …
Fuel Mix
May 22, 2008 (LBO) – Indian Oil Corporation's Sri Lanka unit raised diesel retail prices by 20 rupees to 100 rupees a litre putting pressure on the …
Sri Lanka Treasuries plunge across tenors
May 21, 2008 (LBO) - Sri Lanka Treasuries yields plunged for the third week running with the benchmark 3-month yield falling 41 basis points to 17. online …
Sri Lankan stock prices, turnover slump
May 21, 2008 (LBO) - Sri Lanka's stocks weakened further Wednesday with turnover falling below 100 million rupees and brokers expecting the market to be …
Sri Lankan stocks sag with investors in holiday mood
May 21, 2008 (LBO) - Sri Lanka's stocks weakened further Wednesday as the market re-opened after a long weekend with brokers expecting trading to be sluggish …
Higher Rate
May 23, 2008 (LBO) – Sri Lanka's Commercial Bank says it will pay 12 percent interest a year on a savings account, if it is opened with a minimum balance …
Sri Lanka Chilaw Plantations back in state hands
May 21, 2008 (LBO) – Chilaw Plantations, a Sri Lanka government owned plantation that was under private management, would be taken back to state control …
Sri Lanka eastern dairy industry gets US boost
May 21, 2008 (LBO) – The United States which is helping milk farmers in eastern Sri Lanka says more private sector investment is needed to boost …
Sri Lankan Airlines produces technicians and engineers
May 21, 2008 (LBO) – Sri Lankan Airlines technical training has completed the training of over 40 foreign and local students in aircraft engineering and …
Bollywood muscles in on Hollywood
CANNES, May 21, 2008 (AFP) - With India's entertainment billionaires seemingly blessed with limitless pockets, Bollywood is flexing its movie muscle, taking on …
Malaysian premier Mahathir’s son quits ruling party
KUALA LUMPUR, May 21, 2008 (AFP) - Malaysian former premier Mahathir Mohamad's son quit the ruling party Wednesday after his father called for mass …
US ethanol policy under siege in food-for-fuel debate
WASHINGTON, May 21, 2008 (AFP) - Amid a surge in food prices blamed in part on US expansion of corn-based ethanol production, lawmakers, experts and industry …