Economy

Sri Lanka firms told socially responsible investing does pay

Aug 25, 2009 (LBO) – Companies should look closely at socially responsible business practices as they are more profitable and opens the door to …

Sri Lanka rating outlook lifted to ‘stable’ by S&P

Aug 25, 2009 (LBO) - Standard & Poor's has lifted the outlook on Sri Lanka's speculative 'B' sovereign rating to 'stable' from 'negative' on expectations of …

Sri Lanka eyes peace dividend after crushing Tigers

August 23, 2009 (AFP) - Conflict-torn Sri Lanka is banking on foreign cash to rebuild shattered infrastructure as the island emerges from decades of ethnic …

Sri Lanka monetary authority in offbeat IMF-style deal with US fund

Aug 22, 2009 (LBO) - Sri Lanka's Central Bank has acquired 875 million US dollars from a large US fund in an offbeat deal effectively by-passing the domestic …

Sri Lanka property eyed by Indian developer after war: report

Aug 19, 2009 (LBO) - India's Puravankara Projects, a Bangalore-based developer is looking to start an upmarket housing project after a civil war ended, an …

Sri Lanka budget deficit expands at a slower pace in May 2009

Aug 18, 2009 (LBO) - Sri Lanka's runaway budget deficit expanded at a slower pace in May 2009, though the gap in the current account widened to a new record, …

Sri Lanka central bank holds policy rates steady

Aug 18, 2009 (LBO) - Sri Lanka's central bank held policy rates steady at 11. online pharmacy buy abilify with best prices today in the USA buy neurontin …

Sri Lanka to push overseas investments

Aug 17, 2009 (LBO) - Sri Lanka is seeking to encourage local businessmen to venture overseas by establishing clear rules and reducing red tape, especially for …

Sri Lanka core measure may have understated inflation: IMF study

Aug 17, 2009 (LBO) - An official core-inflation index for Sri Lanka may have understated underlying price pressures in 2008, but there is wide disagreement …

US promotes Sri Lanka investment

Aug 14, 2009 (LBO) - The United States is holding a conference in Colombo in October, with participation of Sri Lankan officials for US firms to explore …

Sri Lanka Mercantile Investments rating confirmed by RAM

Aug 14, 2009 (LBO) - RAM Ratings Lanka has confirmed the 'A' rating of Mercantile Investments Limited (MIL), a registered finance company in Sri Lanka. with a …

Sri Lanka has space for commercial borrowing under IMF program: officials

Aug 11, 2009 (LBO) - Sri Lanka has ample space for foreign borrowing under a 20-month International Monetary Fund program, which has set a ceiling of 1,750 …

Sri Lanka exports, imports fall in June

Aug 11, 2009 (LBO) - Sri Lanka's exports fell 18. online pharmacy buy ciprodex with best prices today in the USA 0 percent to 3.1 billion US dollars and …

New IMF loan insufficient for Pakistan problems: economist

KARACHI, August 8, 2009 (AFP) - Pakistani economists on Saturday said an additional 3. online pharmacy buy abilify with best prices today in the USA buy advair …

Canada triples aid to Sri Lanka

MONTREAL, August 8, 2009 (AFP) - Canada has decided to triple its humanitarian aid to Sri Lanka to assist people displaced by the country's conflict with Tamil …

Sri Lanka official says economic crisis generates debate on role of central banks

August 8, 2009 (LBO) - The current economic crisis has created a debate about the core role of a central bank, a senior Sri Lankan monetary official said, …

G20 agrees next steps on bonuses, post-crisis blueprint

LONDON, September 5, 2009 (AFP) - The G20 vowed Saturday to maintain emergency measures to fight the world economic crisis, warning it was not over yet, while …

Sri Lanka goes ahead with baby elephant separation

August 5, 2009 (AFP) - Sri Lanka's president brushed aside protests from animal rights activists Wednesday when he formally gifted two baby elephants separated …

Sri Lanka resettles 1,100 war displaced

VAVUNIYA, August 5, 2009 (AFP) - Sri Lanka on Wednesday allowed 1,100 people displaced during the recently-ended ethnic conflict with the Tamil Tigers to …

Sri Lanka to conduct first nation-wide census after 30-years

August 4, 2009 (LBO) - Sri Lanka is getting ready to conduct its first nation-wide census, covering all 25 administrative districts for the first time in …