Economy

Sri Lanka to expand first post-war cabinet

April 24, 2010 (AFP) - Sri Lanka's president will expand his new cabinet by five ministers but the government will still have far fewer members than the …

Sri Lanka in attempt to better manage smaller state firms

Apr 24, 2010 (LBO) - A new ministry has been created with about 20 mostly loss making state enterprises, in a bid to make them more profitable and less of a …

World Bank opens data goldmine to all

Apr 22, 2010 (LBO) - The World Bank has opened its statistics spanning 50-years to and called upon the global community to use the data to help poor people in …

Developing nations call for finance reform

WASHINGTON, April 22, 2010 (AFP) - Delaying financial reform could put the global economic recovery at risk, a group of 24 developing nations warned on …

Sri Lanka to present interim budget

Apr 23, 2010 (LBO) - Sri Lanka's government is to present a 'vote on account' instead of a formal budget for the three-month May to July period and a …

Sri Lanka to grow by 5.5-pct in 2010, but fiscally vulnerable: IMF

Apr 22, 2010 (LBO) - Sri Lanka's economy is expected to grow at a faster 5. buy advair rotahaler online …

Sri Lanka money supply, excess liquidity closely watched: Central Bank

Apr 22, 2020 (LBO) - Excess liquidity in Sri Lanka's money markets were high and base money was growing faster since the last quarter, but the Central Bank …

Sri Lanka to get investments in hydro power, hotels

Apr 22, 2010 (LBO) - Two mini-hydro power plants and new hotels and hotel refurbishment are among several investments approved by Sri Lanka's investment …

Sri Lanka gets US support for business in former war zone

Apr 20, 2010 (LBO) - The US Agency for International Development has tied up with Sri Lanka’s private sector to support new businesses in the former war …

Sri Lanka must cut budget deficit, inflation: ADB

Apr 20, 2010 (LBO) - Post-war Sri Lanka's main priorities in accelerating economic growth would be to rein in ballooning budget deficits and inflation, the …

Fixing Sri Lanka state enterprises ‘urgent priority’: Central Bank

Apr 20, 2010 (LBO) - Sri Lanka's state enterprises should be fixed as an "urgent policy priority" with a "strong reform programme" the island's central bank …

Sri Lanka state railways lose Rs4.7bn in 2009

Apr 18, 2010 (LBO) - Sri Lanka's state-run railways lost 4,768 million rupees in 2009 up 4. online pharmacy buy ciprodex with best prices today in the USA 7 …

Sri Lanka gets ADB help to get more taxes, spend better

Apr 16, 2010 (LBO) - The Asian Development Bank said it will give Sri Lanka a 50 million US dollar loan to improve government revenue management, including tax …

Sri Lanka central bank makes record profits

Apr 16, 2010 (LBO) - Sri Lanka's Central Bank has made a record 33 billion rupee profit in 2009 as low yielding foreign reserves were lost and replaced with …

Sri Lanka moves to free prime property in capital

Apr 16, 2010 (LBO) - Prime property in Sri Lanka's capital Colombo could be made available to private developers when the government goes ahead with a planned …

Fed’s Bernanke sees ‘moderate’ economic recovery

WASHINGTON, April 15, 2010 (AFP) - Federal Reserve chief Ben Bernanke warned on Wednesday the US economy will recover at a "moderate" pace and that significant …

Sri Lanka gets $150mn ADB emergency loan

Apr 15, 2010 (LBO) - The Asian Development Bank (ADB) said it is providing 150 million US dollars in an emergency loan to Sri Lanka for projects to help people …

Sri Lanka needs ‘realistic’ petroleum price formula: Central Bank

April 14, 2010 (LBO) - Sri Lanka needs a price formula to match import costs to retail prices as a part of a reform of the energy sector, the Central Bank said …

Sri Lanka poverty subsidy helping not only the poor: CBSL

Apr 12, 2010 (LBO) - A Sri Lankan poverty alleviation subsidy programme provides benefits to well over a quarter of the people, an unrealistically high number, …

IMF chief says no to higher inflation to reduce debt

Apr 11, 2010 (LBO) - The head of the International Monetary Fund played down suggestions that inflation should be raised to slash the real value of state debt, …