Sri Lanka urged to be more transparent in business
Feb 23, 2010 (LBO) - The top US diplomat in Sri Lanka said the country should address the issue of greater transparency in business dealings to build investor …
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Public Bail
June 26, 2009 (LBO) - Sri Lanka's Seylan Bank will be bailed out with the help of money from state institutions while a bid from a private investor was …
Sri Lanka high inflation threatens recent gains in poverty, inequality
April 05, 2008 (LBO) – Lower average inflation and a temporary halt in an internal conflict have lowered Sri Lanka's poverty levels by 2006, government …
Sri Lankan firms told tough conditions at home should not decide foreign expansion
Mar 19, 2008 (LBO) - A top Indian consultant says fledgling firms should deal with government regulations and difficult business conditions at home instead of …
Sri Lanka power costs to rise 30-pct to plug Rs42bn hole
Feb 06, 2008 (LBO) – Sri Lanka's power ministry is backing a proposal by the state-run Ceylon Electricity Board (CEB) to raise tariffs by around 30 …
Sri Lanka budget carrier seeks link after Emirates exits SriLankan
Jan 14, 2007 (LBO) -- Sri Lanka's state budget carrier Mihin Air will work on a common commercial strategy with full service SriLankan Airlines, after a …
Capital Issue
Nov 16, 2007 (LBO) – Sri Lanka's state-owned Bank of Ceylon (BOC), the main commercial banker to the government, is planning to raise six billion rupees …
Sri Lanka’s rich and poor ministries
Oct 27, 2007 (LBO) - Eighty percent of Sri Lanka's budget next year would be spent by 20 percent of the ministries with more than half the ministries getting …
ADB’s Sri Lanka lending hit by shifting policies and conflict
Oct 05, 2007 (LBO) – Asian Development Bank (ADB), the second largest lender to Sri Lanka, says two decades of aid has mixed results and the relevance of …
Sri Lanka struggling to reach inflation target: economist
Sept 16, 2007 (LBO) - A World Bank economist said Sri Lanka should trim the budget deficit if it wanted to achieve eight percent economic growth and monetary …
Sri Lanka property bubble on the bursting path
August 25, 2007 (LBO) - Sri Lanka’s land and condominium price bubble which has now peaked may pop with buildings now under construction expected to …
Sri Lanka cuts capital spending to contain deficit
August 4, 2007 (LBO) - Sri Lanka’s government has significantly altered its budget halfway through the year slashing public investment and bringing down …
Sri Lanka’s expensive social safety net at crossroads
July 20, 2007 (LBO) - Tiny homesteads, tea gardens on hillocks nestled above rain fed paddyfields lining the roads, are typical of the rural village of …
Sri Lanka Telecom sale gets cabinet ok; next step management deal
May 25, 2007 (LBO) - Prospective Malaysian shareholders of Sri Lanka Telecom are seeking wide-ranging management control to purchase a 25 percent stake …