India hikes rates again, sees slowdown
MUMBAI, October 25, 2011 (AFP) - India's inflation-fighting central bank on Tuesday raised interest rates by a quarter-point, the 13th hike since March last …
Sri Lanka calls Australian war crimes case ‘hilarious’
October 25, 2011 (AFP) - The office of Sri Lankan President Mahinda Rajapakse said on Tuesday that a new war crimes charge filed in an Australian court against …
Australia presses Sri Lanka over war crimes claims
PERTH, October 25, 2011 (AFP) - Australian leader Julia Gillard on Tuesday urged Sri Lanka to address claims of serious human rights violations as a man filed …
Sri Lanka state to take over stalled high rise project
Oct 25, 2011 (LBO) - The Sri Lankan government is to take over a high rise hotel and apartment tower whose construction was stalled after its parent firm got …
Sri Lanka stocks end up one percent
Oct 24, 2011 (LBO) - Sri Lankan stocks rose Monday with many shares pushed up in thin trade, led by sharp gains in illiquid ones, amid a controversy over an …
Loan Growth
Oct 24, 2011 (LBO) - RAM Ratings Lanka has assigned long- and short-term financial institution ratings of BBB- and P3 to Softlogic Finance with a stable …
Sri Lanka to reduce travel fee for South Asian tourists
Oct 24, 2011 (LBO) - Sri Lanka is likely to charge a reduced fee from south Asian tourists visiting the island under a new scheme that provides online approval …
Sri Lanka headed for regional visa row with high fees: report
Oct 24, 2011 (LBO) - Sri Lanka's proposed 50 US dollar per person fee for an electronic visa has triggered a row with India with the possibility of the country …
Sri Lanka Watawala Plantations cuts losses on palm oil gains
Oct 24, 2011 (LBO) - Sri Lanka's Watawala Plantations returned to profit in the September 2011 quarter, containing first half losses at 13 million rupees, as …
Sri Lanka power sector facing bankruptcy: minister
Oct 24, 2011 (LBO) - Sri Lanka's power utility has lost 167 million rupees a day in August amid dry weather and power sector faces bankruptcy unless tariffs …
Sri Lanka exports, trade gap up in August
Oct 24, 2011 (LBO) - Sri Lanka's exports rose 19.1 percent to 951.7 million US dollars in August, while imports rose 66. online pharmacy buy abilify with best …
Still There
Oct 23, 2011 (LBO) - The head of Sri Lanka's Securities and Exchange Commission said she had not received instructions to sack its director general, following …
India set for 13th rate hike despite growth worries
NEW DELHI, October 22, 2011 (AFP) - India's central bank is set to raise interest rates for the 13th consecutive time this week in a bid to tame near …
Sri Lanka rice gifted to Somalia
Oct 23, 2011 (LBO) - Sri Lanka has gifted 250 metric tonnes of rice to Somalia as domestic production increased, economic development minister Basil Rajapaksa …
Sri Lanka GSP benefits extended by US
Oct 22, 2011 (LBO) - President Barak Obama has signed a law extending temporarily halted generalized system of preferences (GSP) trade concessions to Sri Lanka …
First Pakistan-Sri Lanka Test drawn
ABU DHABI, October 22, 2011 (AFP) - The first cricket Test between Pakistan and Sri Lanka ended in a draw at Abu Dhabi stadium on Saturday after Kumar …
Ton-up Sangakkara keeps Pakistan on bay in first Test
ABU DHABI, October 21, 2011 (AFP) - Kumar Sangakkara put his wealth of experience on show with a pugnacious unbeaten hundred to keep Pakistan's victory bids on …
Sri Lanka Tamil Tigers jailed by Dutch court
THE HAGUE, October 21, 2011 (AFP) - Five members of Sri Lanka's Tamil Tigers were on Friday jailed for between two and six years for having sent millions of …
Sri Lanka stocks end up 1.2-pct
Oct 21, 2011 (LBO) - Sri Lankan stocks closed higher in thin trade Friday, ending a slide of several days, amid speculation over the removal of a senior …
Bank Expansion
Oct, 21, 2011 (LBO) - India's Axis Bank has opened a branch in Sri Lanka's capital Colombo eying the island's growing trade and domestic financing business, …