Asia leads world in child-labor products: US report
WASHINGTON, October 4, 2011 (AFP) - India, Bangladesh and the Philippines lead the world in the number of products made by child workers, a US government …
Sri Lanka scraps sports medical unit over doping
COLOMBO, October 4, 2011 (AFP) - Sri Lanka has sacked its entire sports medical unit over allegations that staff were linked to banned steroids used by …
Sri Lanka maintained balance while ensuring growth: CB Governor
Oct 04, 2011 (LBO) - Policymakers must look at an economy as a whole and not focus only on certain aspects, Sri Lankan central bank governor Nivard Cabraal …
Sri Lanka stocks end flat
Oct 03, 2011 (LBO) - Sri Lankan stocks closed virtually flat Monday, unmoved by Sunday's announcement of an offshore natural gas strike that could benefit …
Recovery Drive
Oct 03, 2011 (LBO) - RAM Ratings Lanka has assigned long- and short-term financial institution ratings of B- and NP to Prime Grameen Micro Finance Ltd. with …
Fresh Lease
Oct 03, 2011 (LBO) - People's Leasing Company, Sri Lanka's largest leasing firm which plans to raise 70 million US dollars in an initial public offer, is …
Sri Lanka leisure group to revive coral reef
Oct 03, 2011 (LBO) - Sri Lanka's John Keells group has tied up with a local university in a project to revive a coral reef that is the main draw on a southern …
Sri Lanka value-added tea exports fall
Oct 04, 2011 (LBO) - Sri Lanka's value-added tea exports have fallen in recent months in what a tea broker described as a "disturbing trend" as the country is …
India’s rupee a victim of global turmoil
NEW DELHI, October 2, 2011 (AFP) - India's rupee has slid nearly 10 percent in three months against the dollar, a consequence of global economic uncertainty …
Japan urges Sri Lanka post-war reconciliation, reconstruction
Oct 03, 2011 (LBO) - Sri Lanka should continue reconciliation and reconstruction efforts in the former war-torn regions, Japan's envoy to Colombo said after …
Sri Lanka’s Spence wins prize at World Travel Awards
Oct 02, 2011 (LBO) - Maldives' Adaaran Prestige Resorts run by Sri Lanka's Aitken Spence group was voted the India Ocean's best water villa at World Travel …
Lawlessness
Oct 02, 2011 (LBO) - Five police officers have been arrested in Sri Lanka after thousands of angry citizens surrounded a police station seeking justice, where …
Gas Find
Oct 02, 2011 (LBO) - Sri Lankan president Mahinda Rajapaksa has announced that a large natural gas deposit has been found in offshore waters, a presidential …
Sri Lanka volunteers combat rabies
Oct 01, 2011 (LBO) - Volunteers in Sri Lanka are teaming up to combat rabies spread with free vaccinations which can save lives and also make a dent in 500 …
Sri Lanka frees 1,800 ex-Tamil Tigers
September 30, 2011 (AFP) - Sri Lanka wrapped up its two-year rehabilitation of surrendered Tamil Tiger rebels with the re-uniting Friday of 1,800 men and women …
Sri Lanka business forum to be addressed by Vietnam President
Oct 01, 2011 (LBO) - Visiting Vietnam President Truong Tan Sang will address a business forum in Sri Lanka's capital Colombo, where a high level delegation of …
Sri Lanka bonds unmoved by lower inflation
Sept 30, 2011 (LBO) - Sri Lanka's bond markets closed unchanged despite 12-month inflation falling to 6.4 percent from 7.0 percent a month earlier, as …
Maldives and Sri Lanka police bust bank card fraud: report
Sept 30, 2011 (LBO) - Police in Maldives and Sri Lanka have arrested five in an international fraud involving forged cash and credit cards related banks in New …
Sri Lanka stocks end up 0.5-pct
Sept 30, 2011 (LBO) - Sri Lankan stocks closed firmer Friday for the second day running in speculative trade and price curbs being imposed on Singer Industries …
Bank Changes
Sept 30, 2011 (LBO) - Sri Lanka's Sampath Bank said deputy managing director M Y A Perera will take-over as managing director from January 01, 2012, as current …