Economy

Sri Lanka targets low inflation, low poverty, high employment: CB Governor

Dec 06, 2010 (LBO) - Sri Lanka is hoping to bring down unemployment lower than the current 5. online pharmacy buy diflucan with best prices today in the USA …

Sri Lanka economic growth projected at 8.0-pct in 2010

Dec 06, 2010 (LBO) - Sri Lanka's full-year economic growth for 2010 is estimated at 8. online pharmacy buy doxycycline with best prices today in the USA 0 …

Malaysia cuts fuel, sugar subsidy to trim deficit

KUALA LUMPUR, December 4, 2010 (AFP) - Malaysia has cut subsidies for fuel and sugar, a report said Saturday, in a bid to reduce its budget deficit by saving …

Sri Lanka may use extra forex reserves in Exim bank: CB Governor

Dec 02, 2010 (LBO) - Sri Lanka may use extra foreign reserves in a proposed export import bank to be set up next year to finance exporters and contractors, …

Quake south of Sri Lanka, Maldives

November 30, 2010 (AFP) - A 5.6-magnitude earthquake struck the South Indian Ocean on Wednesday, the US Geological Survey said, although there were no …

Sri Lanka Tiger hideout turned into elephant sanctuary

November 30, 2010 (AFP) - Sri Lanka is to turn a vast jungle area that was a base for the separatist Tamil Tiger rebels into a wildlife sanctuary, 18 months …

Sri Lanka exports up 16.7-pct in September, trade gap widens

Dec 01, 2010 (LBO) - Sri Lanka's exports rose 16.7 percent to 662.9 million US dollars in September 2010, helped by higher commodity prices and a surge in …

Sri Lanka property project resumed by Shing Kwan

Dec 01, 2010 (LBO) - The Singapore-based Shing Kwan group has re-activated its big Havelock City residential and commercial property project in Sri Lanka with …

Sri Lanka inflation accelerates to 7.0-pct in November

Nov 30, 2010 (LBO) - Sri Lanka's inflation in November 2010 rose 7. online pharmacy buy spiriva inhaler with best prices today in the USA 0 percent from a year …

Sri Lanka stocks close down 1.9-pct

Nov 29, 2010 (LBO) - Sri Lanka stocks closed down 1. online pharmacy buy augmentin no prescription pharmacy 9 percent Monday with index heavy stocks, including …

Sri Lanka, India talks on sharing offshore oil, maritime border

Nov 27, 2010 (LBO) - India and Sri Lanka are to hold talks soon on sharing offshore petroleum resources straddling their maritime boundary and resolving …

Sri Lanka, India free trade talks to resume in December

Nov 26, 2010 (LBO) - India and Sri Lanka are to resume talks in December 2010 on a Comprehensive Economic Partnership Agreement (CEPA) that had been stalled by …

Sri Lanka economic data integrity under fire

Nov 26, 2010 (LBO) - A Sri Lankan economist who is also a lawmaker has queried apparent contradictions in the island's poverty and consumption data, adding to …

Sri Lanka budget 2011 for stability, knowledge economy

Nov 25, 2010 (LBO) - Sri Lanka's 2011 budget has been made to keep the economy stable allowing monetary policy to maintain low inflation and also speed the …

Sri Lanka October tea crop at last year’s level

Nov 25, 2010 (LBO) - Sri Lanka's tea production in October 2010 was 26.6 million kilos, almost the same as a year ago but the crop in the 10 months period was …

Sri Lanka’s top lenders in 2010; China, capital markets

Nov 24, 2010 (LBO) - China has become Sri Lanka's top bilateral lender up to September 2010, displacing Japan both in commitments and disbursements, but …

Sri Lanka beachfront investment next week: Treasury Secy

Nov 24, 2010 (LBO) - Sri Lanka is expecting up to 500 million US dollars of investments on a key beachfront re-development in Colombo with the first project to …

Sri Lanka wages to rise as unemployment falls: official

Nov 24, 2010 (LBO) - Sri Lankan business should be ready to pay higher wages as unemployment had come down, and youth becoming more educated and eager to find …

Sri Lanka gets most FDI for telecoms in first half 2010

Nov 23, 2010 (LBO) - Sri Lanka has received 208 million US dollars as foreign direct investments in the first half of 2010, with telecoms leading with 85 …

Sri Lankans allowed to buy foreign equity, foreigners to buy private bonds

Nov 23, 2010 (LBO) - Sri Lankan individuals and unlisted firms will be allowed to buy foreign listed stocks for up to 100,000 US dollars a year and listed …