Sri Lanka’s North population shrinks, East expands
June 27, 2012 (LBO) - Population in Sri Lanka's northern Jaffna area has shrunk during a 30-year civil war but parts of the former war zone which was not fully …
Economy
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Sri Lanka Distilleries Corp, transfers assets
June 25, 2012 (LBO) - Distilleries Corporation of Sri Lanka, has transferred stakes in a hotel and two plantations to a wholly owned subsidiary in a move that …
Sri Lanka economic forum to probe ease of doing business
June 26, 2012 (LBO) - An annual economic forum next month organized by Sri Lanka's Ceylon Chamber of Commerce will have a session focusing on the ease of doing …
UN running low of funds humanitarian work in northern Sri Lanka
June 26, 2012 (LBO) – The United Nations is experiencing a funding shortfall to meet urgent humanitarian relief work across Sri Lanka’s …
Sri Lanka missing the bus again?
June 25, 2012 (LBO) - If Sri Lanka is to achieve transformative, inclusive growth, it needs to have 7 percent plus growth for several consecutive years. online …
Sri Lanka budget off track in first quarter 2012
June 25, 2012 (LBO) - Sri Lanka's budget has gone off track in the first quarter of 2012, with current spending far outpacing tax revenues, leaving a yawning …
Sri Lanka energy sector eyed by US firms: envoy
June 25, 2012 (LBO) – Sri Lanka's energy sector is a key area of interest for US companies scouting for investment opportunities after the end of a three …
Sri Lanka gets US$2.5bn dollars in China financing
June 24, 2012 (LBO) - Sri Lanka has notched up 2.53 billion US dollars in funding from China, since 2007 and 1,205 billion US dollars already disbursed into …
Sri Lanka banking system well capitalized, solid: officials
June 22, 2012 (LBO) - Sri Lanka's banking system is sound and well capitalized officials said, though bad loans have started to pick up slightly as a …
Sri Lanka refugee boat capsizes off Australian island: report
June 21, 2012 (LBO) - A boat believed to have 200 people from Sri Lanka has capsized of Australia's remote Christmas Island which reports day could become one …
Sri Lanka’s real estate growth slowed by interest rates, inflation: report
June 20, 2012 (LBO) - Growth in Sri Lanka's real estate sector may slow in the coming months, as rising interest rates and higher construction costs begins to …
Sri Lankans are charitable, but within reason
June 19, 2012 (LBO) – Sri Lankans give generously to help the poor, the needy, the religious and their old schools, but fight shy on giving to civil …
Sri Lanka warned to be careful about forex swaps by IMF
June 18, 2012 (LBO) - Sri Lanka should be careful about the inflationary effects of liquidity created by large foreign exchange swaps with the Central Bank, an …
Sri Lanka economy grows 7.9% in first quarter: statistics office
June 18, 2012 (LBO) – Sri Lanka’s economy expanded by a slower 7.9 percent during the first quarter of this year, from the same period a year …
Sri Lankans suffering due to wrong policy: legislator
June 17, 2012 (LBO) - Sri Lankans are suffering due to wrong economic policy actions especially those involving state interventions in markets that are …
Sri Lanka eyes new deal with IMF as bailout draws to a close
June 16, 2012 (LBO) - Sri Lanka is eyeing a new deal with the International Monetary Fund with the end of three year program in July 2012 whose success was …
Sri Lankan state-run university part-funds its own capex
June 15, 2012 (LBO) - Sri Lanka's state-run University of Colombo is part-financing a 395 million rupee building with cash generated by lecturers who conduct …
Sri Lanka economic growth may slow to 6.75-pct, inflation to rise: IMF
June 15, 2012 (LBO) - Sri Lanka's economic growth may slow to 6.75 percent in 2012 and inflation may rise to 9.5 percent by year end, requiring monetary policy …
Sri Lanka expropriations a blow to entrepreneurship: businessman
June 14, 2012 (LBO) - A new wave of expropriation by Sri Lanka's rulers is a blow to entrepreneurship in the island and a misguided repetition of a grave error …
Sri Lanka to tighten trade deals with South Asia
June, 14, 2012 (LBO) - Sri Lanka's cabinet has decided to make changes to free trade deals where necessary with South Asian nations after having discussions …