Sri Lanka central bank urges lending rate cut
Apr 12, 2009 (LBO) – Sri Lanka's central bank is urging commercial banks to cut lending rates to stimulate growth while heavy government borrowing …
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Sri Lankan inflation will hit zero: central banker
Apr 11, 2009 (LBO) – Sri Lanka's inflation will hit zero by the middle of the year, a senior central banker said, with 12-month price inflation in the …
Sri Lanka state enterprises a big burden: minister
March 25, 2009 (LBO) - Sri Lankan state enterprises come begging to the Treasury for money to pay staff salaries, instead of making profits and contributing to …
Sri Lanka’s economic troubles mostly home brewed: economists
Mar 22, 2009 (LBO) - Sri Lanka's current balance of payments troubles are mostly home brewed and an expected return to an International Money Fund bailout is …
Sri Lanka investors wooed by Maldives
Jan 04, 2009 (LBO) – The new government in the Maldives, in move to privatize the economy, is looking at selling state-owned businesses and becoming more …
Sri Lankan rupee overvaluation hurting apparel orders, jobs
Dec 26, 2008 (LBO) – Sri Lanka’s apparel exporters could win back 15 percent of orders now lost due to an overvalued rupee caused by high domestic …
Sri Lanka opposition to take cabinet, central bank to task over oil hedge
Dec 02, 2008 (LBO) - Sri Lanka' main opposition United National Party says the cabinet of ministers and the central bank is also responsible for a hedging deal …
Sri Lanka should tap IMF, get economic antibiotics: economists
Nov 17, 2008 (LBO) – Sri Lanka should tap the International Monetary Fund for a stabilization package early as the country is heading for balance of …
Sri Lanka Allianz unit expands into life
Nov 14, 2008 (LBO) - The Sri Lanka unit of Allianz Insurance, a German insurer, is expanding into life after making inroads in the corporate insurance market …
Sri Lanka to tailor tourist promotions to Indian states
Oct 23, 2008 (LBO) – Sri Lanka’s tourism promotion agency will market Sri Lanka to Indians on a state by state basis, with the Gujarat in Andhra …
Sri Lanka small tea farmers to get fertilizer subsidy
Oct 23, 2008 (LBO) - Sri Lanka is offering a fertilizer subsidy to small tea farmers three times a year, at a cost of 4. online pharmacy buy diflucan with best …
Sri Lanka agro firm warns price controls are hurting quality
Oct 22, 2008 (LBO) – A top Sri Lankan agro enterprise has warned that state controls of prices would block quality gains of agricultural produce with …
Sri Lankan Airlines says turnaround strategy working
Oct 02, 2008 (LBO) – Sri Lankan Airlines has significantly reduced losses in July and August and is confident that the red ink can be contained for the …
Sri Lanka’s Colombo University to teach farmers online
Sept 15, 2008 (LBO) – Sri Lanka's University of Colombo is starting an online agro technology degree program for rural farmers, with a pilot project …