Economy

Sri Lanka northern polling low: monitors

Jan 26, 2010 (LBO) - Polling in Sri Lanka's north was estimated to be about 15 to 20 percent and in the east about 50 percent while the rest of the country had …

Sri Lanka opposition warns of violence ahead of vote

January 23, 2010 (AFP) - Sri Lanka's opposition warned on Saturday of possible vote-rigging and violence by the ruling party ahead of next week's presidential …

Sri Lanka graduates above IMF low income status: Central Bank

Jan 21, 2010 (LBO) - Sri Lanka has moved out of the countries eligible for financing from the International Monetary Fund's poverty reduction and growth …

Sri Lanka holds policy rates steady

Jan 19, 2010 (LBO) - Sri Lanka's central bank said it was keeping its main reverse repurchase policy rate at which money is injected to markets steady at 9. …

Sri Lanka labour minister ‘orders’ private sector salary hike

Jan 19, 2010 (LBO) - Sri Lanka's labour minister has "ordered" a 2,500 rupee salary hike to private sector workers, a ministry statement said, though an …

Sri Lanka private sector credit up in November

Jan 18, 2010 (LBO) - Sri Lanka's private sector loans surged 11. buy nolvadex online …

Sri Lanka anchor currency inflation up

Jan 18, 2010 (LBO) - Consumer inflation in the United States, to whose currency the Sri Lanka rupee is tightly pegged, rose to 2.7 percent in December 2009 …

Sri Lanka central bank created high inflation and reduced wealth: economist

Jan 16, 2010 (LBO) - Sri Lanka's central bank has created average inflation of 11. online pharmacy buy spiriva with best prices today in the USA online …

Sri Lanka to pay extra interest to senior citizens

Jan 15, 2010 (LBO) - Sri Lanka's government will pay an extra 20 percent 'bonus interest' for rupee deposits maintained at licensed commercial banks by senior …

Sri Lanka state trading firm imports Pakistan rice to cool crisis

Jan 14, 2010 (LBO) - A Sri Lankan state trading firm has imported a stock of rice from Pakistan as domestic prices shot up in a market mired in heavy handed …

Sri Lanka govt helped India’s ruling party in election: report

January 14, 2010 (AFP) - Sri Lanka stopped using heavy weapons against Tamil Tiger rebels to help the re-election bid of neighbouring India's ruling party, a …

Sri Lanka opposition says better governance will preserve trade concessions

Jan 13, 2010 (LBO) - Sri Lanka's opposition presidential candidate promised better governance which will lead to a continuation of trade concessions from the …

Sri Lanka’s war-torn areas to get more funds: World Bank

Jan 12, 2010, (LBO) - Sri Lanka's war torn areas would get more World Bank funds this year as the region recovers from a 30-year war, with a little over 250 …

Sri Lanka opposition says politicians could be taxed

Jan 12, 2010 (LBO) - Sri Lanka's opposition says the issue of politicians being taxed could be looked at early in a future new administration if common …

Sri Lanka opposition presidential candidate’s speech to the business community

Jan 12, 2010 (LBO) - Sri Lanka's common opposition candidate for upcoming presidential polls, retired general Sarath Fonseka met the business community …

Sri Lanka president promises state worker salary hike

Jan 11, 2009 (LBO) - Sri Lanka's president Mahinda Rajapaksa has promised a 2,500 rupee a month salary hike to state workers, from the next budget due in …

Sri Lanka water supply expansion contract to Chinese firm

Jan 10, 2010 (LBO) - A contract to upgrade the water supply in Sri Lanka's capital Colombo valued at 1,895 million rupees has been awarded to China Geo …

Sri Lankan president woos Tamils on re-election trail

January 10, 2010 (AFP) - Sri Lanka's president on Sunday took his re-election campaign to the Tamil heartland of Jaffna for his first visit to the peninsula …

Sri Lanka presidential hopeful plugs petroleum inflation theory: report

Jan 09, 2010 (LBO) - Sri Lanka's opposition presidential candidate had promised to cut diesel prices in the hope that it would bring consumer prices down, …

Sri Lanka to export hi-tech sail cloth made by German firm: official

Jan 08, 2010 (LBO) - Sri Lanka will start exporting advanced technology sailcloth for yachts from a factory opened Friday by Dimension Polyant, a German firm, …