Korea business delegation visiting Sri Lanka in June
May 27, 2013 (LBO) - A business delegation from Korea will be visiting Sri Lanka in June to meet partners in Sri Lanka, the Ceylon Chamber of Commerce said. …
Economy
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Sri Lanka President promised more funding by China Exim Bank
May 28, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa had been promised more funding by head of the Export Import of Bank of China, Li Ruogu during …
Sri Lanka and China to negotiate free trade deal, expressway funding
May 28, 2013 (LBO) - Sri Lanka and China will negotiate a free trade deal and Chinese support has been pledged for a planned expressway to the north of the …
Sri Lanka not revealing fiscal data according to law: legislator
May 27, 2013 (LBO) - Sri Lanka current administration is breaking the law in withholding information that should be filed in parliament under a fiscal …
Sri Lanka post-war growth shift smaller
May 27, 2013 (LBO) - A post-war growth spurt is temporary and there was no 'structural shift' to eight percent a year from six, needing policy changes, an …
Sri Lanka state, SOE, bank borrowings top Rs100bn in March
May 26, 2013 (LBO) - Bank credit to Sri Lanka's state enterprises and central government surged to 100.6 billion rupees in March 2013 from 36.7 billion a month …
Sri Lankans arrested over human smuggling in Britain, France: Europol
THE HAGUE, 2013 (AFP) - Europol on Wednesday said 18 people, mostly Sri Lankans, were arrested in joint police raids in Britain and France on suspicion of …
Sri Lanka economic forum to discuss “re-balancing”: Ceylon Chamber
May 24, 2013 (LBO) - An economic policy forum in July aims to focus attention on critical areas of the economy that need more attention of policy makers, Sri …
Sri Lanka should have more strikes to boost attendance: minister
May 23, 2013 (LBO) - Sri Lanka's opposition parties should call more general strikes to improve attendance among state workers, a government minister said …
Oil prices falls on hopes that US Fed will end excessive money printing
SINGAPORE, May 23, 2013 (AFP) - Oil extended its losses in Asian trade on Thursday on a stronger dollar after the US Federal Reserve hinted that it could ease …
Sri Lanka in deal for US$580mn from China Development Bank
May 22, 2013 (LBO) - Sri Lanka has signed a deal with China Development Bank to borrow 580 million US dollars in 2013 for projects in 2013, the state …
Sri Lanka branding forum kicks off in Colombo
May 21, 2013 (LBO) - A high level conference on building resilient brands kicked off in Colombo Wednesday featuring high level speakers and panelists from Sri …
Sri Lanka gilt edged funds approved as liquid assets for banks
May 21, 2013 (LBO) - Sri Lanka's Central Bank which regulates banks and finance companies had allowed mutual funds that invest in government debt to be …
Sri Lanka conglomerates are investment brands
May 21, 2013 (LBO) - Sri Lankan conglomerates that had attracted strong foreign investor interest had built resilient investment brands, top executives …
Sri Lanka business and universities forging closer links: Ceylon Chamber
May 19, 2013 (LBO) - Sri Lankan firms are collaborating with universities to make new and higher value products and services, and was also consulting on …
Sri Lanka trade deficit obsession misplaced: focus
May 18, 2013(LBO) - Sri Lanka's obsession with trade deficits is misplaced because it ignores the broader exchanges including services that take place between …
Sri Lanka trade deficit obsession misplaced: focus
May 18, 2013(LBO) - Sri Lanka's obsession with trade deficits is misplaced because it ignores the broader exchanges including services that take place between …
Sri Lanka could improve GDP estimates, data standards: IMF
May 17, 2013 (LBO) - Sri Lanka can improve gross domestic product calculations to be more in line with international standards and the country does not yet …
Ecuador stops Sri Lanka-US migrant smuggling ring
QUITO, May 16, 2013 (AFP) - A ring that smuggled immigrants from India and Sri Lanka into the United States through Ecuador has been broken up with the arrest …
Sri Lanka says minefields cleared for re-settlement
COLOMBO, May 16, 2013 (AFP) - Sri Lankan troops have completed clearing mines from all areas needed for re-settlement and farming in the island's former war …