Sri Lanka relaxes foreign exchange controls
June 12, 2013 (LBO) - Sri Lanka has relaxed controls on foreign exchange for travel, migration, sale of residential property by non-residents and maintaining …
Sri Lanka short term Treasuries ease
June 12, 2013 (LBO) - Sri Lanka's short term Treasuries yields eased at Wednesday's with the 3-month yield falling 03 basis points to 8.67 percent, the state …
Asset Mix
June 12, 2013 (LBO) - Sri Lanka's licensed finance companies (LFC), which play in the sub-prime market has cut exposure to property and stocks, though they are …
Sri Lanka investment approval for Crown in final stages: minister
June 12, 2013 (LBO) - Investment approval for Australian magnate James Packer's Crown group for a joint venture mixed development in Sri Lanka is being …
Sri Lanka mulls safety rules on fishermen as monsoon kills 54
June 11, 2013 (AFP) - The death toll in Sri Lanka from strong monsoon winds and heavy rains rose to 54, as the government announced on Tuesday new safety …
Big Brother
WASHINGTON, June 12, 2013 (AFP) - A fierce debate about Internet privacy and the limits of US executive power erupted on Tuesday, in a victory for the young …
Sri Lanka’s Cinnamon Air to fly from end June
June 12, 2013 (LBO) - Sri Lanka's Cinnamon Air, a domestic carrier operating Cessna 208 amphibians said will begin scheduled flight to the South of the island …
Sri Lanka power generation positive in March
June 12, 2013 (LBO) - Sri Lanka's power generation rose 02 percent in March 2013 to 1,057 GigaWatt hours (millions of units) from a year earlier, recovering …
Sri Lanka, finance, beer bonds oversubscribed
June 11, 2013 (LBO) - An offer to sell 5.0 billion rupees worth bonds in Lion Brewery (Ceylon) Plc and Central Finance has been oversubscribed on opening …
Sri Lanka rupee weakens below 127 to dollar
June 11, 2013 (LBO) - Sri Lanka's rupee weakened below 127 to the US dollar in the spot market in mid morning trade Tuesday, amid excess liquidity, dealers …
Sri Lanka stocks close down 0.5-pct
June 11, 2013 (LBO) - Sri Lanka's stocks closed down 0.59 percent on Tuesday, following a sudden rise in the market the day earlier. The market was down due to …
Sri Lankan applicants on fast track for UK visa
June 11, 2013 (LBO) - Applicants from Sri Lanka who had recently travelled to some North American, European and Pacific countries could apply for a fast track …
Education Direction
June 11, 2013 (LBO) - Sri Lanka's state education system is in the process of changing its structure from an exam centric one to a more interactive learning …
Big Brother
HONG KONG, June 11, 2013 (AFP) - Whistleblower Edward Snowden was acclaimed Tuesday by WikiLeaks founder Julian Assange as a "hero" defending personal liberty, …
Sri Lanka export agency under Nestlé executive
June 11, 2013 (LBO) - A senior executive of Nestlé, a Swiss-based food group company has been appointed chairman of Sri Lanka's state export promotion …
Sri Lanka state workers take home 56-pct of tax revenues in 2012
June 11, 2013 (LBO) - Sri Lanka's state workers and pensioners have taken 56 cents out of every tax rupee collected from the people in 2012, not counting tax …
Sri Lanka stocks close up 0.5-pct
June 10, 2013 (LBO) - Sri Lanka's stocks closed up 0.54 percent on Monday following a week of losses with gains in the heavy index stocks like JKH and CTC, …
Sri Lanka’s Watawala in bottom of-the-pyramid tea push
June 10, 2013 (LBO) - Sunshine Holdings Plc, which has the second largest share in the branded tea market, will expand into the bottom-of-the-pyramid segment, …
Sri Lanka rice second highest for toxic metal in 12-nation study: report
June 10, 2013 (LBO) - Sri Lanka has come second after Bangladesh for concentrations of cadmium in a listing of 12 countries where rice was tested for toxic …
Great Expectations
June 10, 2013 (LBO) - Sri Lanka's small and medium enterprises could use e-commerce "to grow exponentially," software and outsourcing chamber official said …