Economy

Sri Lanka inflation slows to 4.3-pct in July

July 30, 2010 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 4. buy stromectol online …

Sri Lanka informal Islamic financiers should prepare for regulation: official

July 29, 2010 (LBO) - Informal entities that have been operating as Islamic financiers in Sri Lanka will have to get their houses in order and become fully …

Sri Lanka minister says China Exim Bank hard negotiators

July 29, 2010 (LBO) - China's Export Import Bank, which has become a top funder of infrastructure in Sri Lanka, is a tough negotiator that goes through project …

Sri Lanka Keells Food trims Indian costs, cuts losses

July 27, 2010 (LBO) - Sri Lanka's Keells Foods Products said its lost 5. online pharmacy buy keflex with best prices today in the USA buy clomid online …

Sri Lanka to make better use of idle state assets

July 23, 2010 (LBO ) - Sri Lanka will set up a state company to develop joint ventures and lease assets of other failed state companies with a capital of 100 …

Sri Lanka business wants action on loss-making state entities

July 21, 2010 (LBO) - The head of Sri Lanka's top business chamber has called for loss-making state entities which are a drain on public finances to be turned …

Sri Lanka central bank independence hurt by law

July 19, 2010 (LBO) - A groundbreaking book by a former Sri Lankan central banker has shown how the institutions independence could be improved so that it can …

Sri Lankan central banker writes pro-poor book

July 17, 2010 (LBO) - A former Sri Lankan central banker has written a book that can open the eyes of third world policy makers and impoverished citizens …

Sri Lanka former war zone economy grows: central bank

July 16, 2010 (LBO) - Sri Lanka's northern and eastern provinces slightly increased their share of national Gross Domestic Product last year compared with 2008 …

Sri Lanka mobile users up 30-pct in first quarter

July 15, 2010 (LBO) - Sri Lanka's mobile phone subscribers grew 30 percent to 15. buy amoxil online …

IMF to hire more Asians

Daejeon, KOREA July 14, 2010 (LBO) - The International Monetary Fund (IMF) plans to hire more Asians as it undergoes reforms and seeks to improve relations …

IMF facilities seen as alternative for forex reserves

Daejeon, KOREA July 13, 2010 (LBO) - The International Monetary Fund (IMF) is considering creating new lending facilities to help countries cope with economic …

South Korea presses for IMF reforms

Daejeon, KOREA July 12, 2010 (LBO) - The finance minister of South Korea, which is hosting an International Monetary Fund conference on Asia, pressed for …

Asia must brace for choppy capital flows: IMF warns at Korea forum

Daejeon, KOREA July 12, 2010 (LBO) - Asian economies must prepare to face huge and highly volatile capital flows and possibly more economic shocks given recent …

Sri Lanka relaxes monetary policy

July 09, 2010 (LBO) - Sri Lanka has relaxed monetary policy cutting rates by 25 basis points and raising its target from reserve money, the narrowest money …

Sri Lanka developing concept plan for Colombo

July 07, 2010 (LBO) - Sri Lanka is drawing up a concept plan to develop Colombo city, clear under-utilized area, reclaim land from the sea and open them for …

Sri Lanka to push up investment levels with stability, low deficits: Treasury secretary

July 07, 2010 (LBO) - Sri Lanka will maintain public investment at around 6 percent of gross domestic product and will attempt to kindle private investment …

Sri Lanka April foreign reserves at US$5.2bn

July 06, 2010 (LBO) - Sri Lanka's official foreign reserves edged up to 5,515 million US dollars in April 2010 from 5,192 million US dollars while imports also …

Sri Lanka trade gap widens in April amid economic recovery

July 05, 2010 (LBO) - Sri Lanka's foreign trade volumes and a trade gap widened in April 2010 amid as an economic recovery with exports growing 24. buy …

Sri Lanka opposition lawmaker pokes fun at ‘IMF budget’

July 04, 2010 (LBO) - Sri Lanka's main opposition poked fun at a budget for 2010 which had less 'grasping government' elements in it and was more affordable to …