Sea Protectors
January 31, 2013 (LBO) – The Royal Netherlands government has begun using key ports across Sri Lanka as points to disembark groups of marines deployed to …
Risky Appetite
January 31, 2012 (LBO) – Rising banking system leverage in Asia-Pacific is increasing rating pressure for banks in the region, Fitch Ratings said. Strong …
Sri Lanka’s ‘Cinnamon Air’ acquires two aircraft
Jan 31, 2013 (LBO) - A domestic airline unit of Sri Lanka's John Keells Holdings, has acquired two amphibian Cessna aircraft chairman Susantha Ratnayake told …
Sri Lanka inflation rises 9.8-pct in Jan 2013
January 31, 2013 (LBO) – Consumer prices in Sri Lanka rose to 9.8 percent in January 2013 from a year earlier accelerating from 9.2 percent a month …
Sri Lanka’s Treasuries yields drop at auction
Jan 30, 2013 (LBO) - Sri Lanka's Treasuries yields dropped at Wednesday's auction with the 3-month yield dropping as much as 16 basis points to 9. online …
Sri Lanka bond yields edge down at auction
Jan 30, 3013 (LBO) - Sri Lanka's bond yields edged lower at an auction Tuesday where 45 billion rupees of securities were sold, data from the state debt office …
Senator Call
WASHINGTON (AFP) Two US senators on Tuesday renewed calls for an international investigation into potential war crimes in Sri Lanka, accusing Colombo of …
Margin Matter
Jan 30, 2013 (LBO) - Sri Lankan suppliers of fuel to ships could be pushed out of business if a new tax is implemented, shipping officials and tax experts have …
Sri Lanka tea exporters protest sudden tax
Jan 30, 2013 (LBO) - Sri Lanka's tea exporters are protesting an export tax that they have found has come into effect from January 23, where a cess on bulk tea …
Sri Lanka trade press for simpler taxes
Jan 30, 2013 (LBO) - Sri Lankan trade and tax experts have pressed for further simplification of tax systems, saying that it will help generate more …
Sri Lanka stocks close down 0.9-pct, rupee stronger
Jan 29, 2013 (LBO) - Sri Lanka stocks closed down 0.9 percent Tuesday with retailers and foreign investors taking profits, while the rupee gained with foreign …
Sri Lanka stocks close down 0.9-pct, rupee stronger
Jan 29, 2013 (LBO) - Sri Lanka stocks closed down 0.9 percent Tuesday with retailers and foreign investors taking profits, while the rupee gained with foreign …
Sri Lanka hotel occupancy rates down
Jan 29, 2013 (LBO) - Occupancy rates at Sri Lanka's hotels had slipped across star categories in November 2012 from a year earlier, worsening from October …
Resolution
Jan 28, 2013 (AFP) - The US will bring a fresh resolution to the UN Human Rights Council in a bid to force Sri Lanka to deliver on promises to probe its troops …
Sri Lanka on fast track to cut flood risk, modernize capital
Jan 29, 2013 (LBO) - Sri Lanka has begun a fast track execution of a 220 million US dollar World Bank funded plan to cut floods, boost drainage as well as …
Sri Lanka mulls rail hauling city waste to limestone pits
Jan 29, 2013 (LBO) - Sri Lanka is mulling a plan to haul solid waste from Sri Lanka's capital Colombo to open pit limestone mines in the northwest of the …
Sri Lanka reshuffles cabinet, new ministers appointed
Jan 28, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa has re-shuffled the cabinet appointing 10 new ministers, two project ministers and six deputy …
Debt Protection
Jan 28, 2013 (LBO) - Sri Lanka's state-run Ceylon Electricity Board may be asked to import fuel directly to protect the main petroleum distributor from …
Sri Lanka to host South Asia economic policy summit
Jan 28, 2013 (LBO) - Sri Lanka will host the 6th South Asia Economic Summit (SAES), a policy forum that brings together academia, government, civil society and …
Sri Lanka firms find ways to battle tough times
Jan 27, 2013 (LBO) - Sri Lankan firms can ride out tough times by maintaining a lean culture, grabbing opportunities that are present in such periods and …