Sri Lanka says 47 combatants killed in fresh fighting
COLOMBO, March 7, 2008 (AFP) - At least 42 Tiger rebels and five government troops were killed in fresh fighting across Sri Lanka's embattled north, where a …
Grease Pal
March 07, 2008 (LBO) – Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) is looking for a joint venture partner to start a lubricant retailing …
Fuel Pricing
March 07, 2008 (LBO) – Sri Lanka's state-owned petroleum utility aims to hold retail fuel prices at current levels for the time being despite crude oil …
Long Wait
March 06, 2008 (LBO) – Container transporters in Sri Lanka Thursday announced plans for a protest action and work stoppage that could disrupt the flow of …
Tough Times
Mar 06, 2008 (LBO) – Fitch Sri Lanka has downgraded the national long term rating of Sinhaputhra to 'BB- (lka)' from 'BB (lka)' with a negative outlook, …
Oil price hits record above 105 dollars
LONDON, March 6, 2008 (AFP) - Oil prices surged past 105 dollars for the first time on Thursday as traders reacted to a surprisingly sharp fall in US crude …
Warren Buffett topples Bill Gates as world’s richest
NEW YORK, March 5, 2008 (AFP) - US financier Warren Buffett has overtaken Bill Gates as the world's richest man, according to Forbes annual billionaire's list, …
India, China lead Asia’s billionaire tables
NEW YORK, March 5, 2008 (AFP) - The number of billionaires in Asia jumped more than 30 percent last year, with tycoons from India and China leading the charge, …
Oil nears 105 dollars in Asian trade
March 6, 2008 (AFP) - Oil edged close to 105 dollars a barrel in Asian trade early Thursday as investors fretted over an unexpected drop in US energy …
Roadside bomb kills Sri Lankan Tamil MP: party
March 6, 2008 (AFP) - A Sri Lankan Tamil lawmaker and his driver were killed Thursday in a roadside bomb attack that his party and Tamil Tiger rebels said was …
Sri Lanka troops enter northeastern township: military
Mar 06, 2008 (LBO) – Sri Lankan troops have captured a Tamil Tiger held town in the northwestern Mannar area of the island as part of a bid to cut off a …
International rights panel quits Sri Lanka
COLOMBO, March 6, 2008 (AFP) - A top foreign panel invited by Sri Lanka to observe investigations into human rights abuses announced Thursday it was quitting …
Sri Lanka facing crisis over ‘disappearances’: rights group
COLOMBO, March 6, 2008 (AFP) - Sri Lanka is one of the world's worst perpetrators of "disappearances" and abductions, Human Rights Watch said Thursday, calling …
Sri Lanka says war losses higher
March 5, 2008 (AFP) - Sri Lanka said Wednesday that 100 of its soldiers were killed and a further 800 wounded fighting the Tamil Tigers last month, showing the …
Sri Lanka loan deal to Standard Chartered and Deutsche Bank
March 5, 2008 (LBO) - Standard Chartered and Deutsche Bank has won a deal to raise up to 300 million dollars for Sri Lanka, priced 259 to 370 basis points …
Sri Lankan shares lose momentum
Mar 05, 2008 (LBO) - Sri Lankan stocks lost momentum Wednesday with the indices barely managing to maintain the previous day's gains and trading in York Arcade …
Asset Class
Mar 05, 2008 (LBO) – Borrowing for day to day government spending has increased the cost of money for Sri Lankan companies and families struggling to get …
Asset Class
Mar 05, 2008 (LBO) – Borrowing for day to day government spending has increased the cost of money for Sri Lankan companies and families struggling to get …
Sri Lanka apparel makers struggle to find workers
March 5, 2008 (LBO) - Sri Lanka's key clothing industry is rolling out a publicity blitz to attract shop floor workers to fill nearly 12,000 vacancies in …
Clinton wins Ohio as McCain claims Republican mantle
COLUMBUS, Ohio, March 4, 2008 (AFP) - Democrat Hillary Clinton vowed to fight all the way to the White House after she checked rival Barack Obama's momentum in …