Economy

Sri Lanka spreads some prices over two months in inflation reports

Sept 22, 2008 (LBO) - Sri Lanka is calculating point-to-point inflation by spreading some price increases across two months, an official said, adding to a …

Sri Lanka needs low inflation, good institutions and governance to grow: economists

Sept 20, 2008 (LBO) – Sri Lanka needs good institutions, governance and economic tranquility that come with low inflation to grow, senior economists …

Sri Lanka Tokyo Cement goes green to revive profitability

Sept 19, 2008 (LBO) – Sri Lanka's Tokyo Cement group, whose profits dipped last year owing to higher raw material, energy and transport costs, says new …

Sri Lanka opens investment office in Shanghai

Sept 19, 2008 (LBO) - Sri Lanka has opened an investment centre in Shanghai and appointed an official of the Shin Kwan Group, a big investor in the island, as …

Sri Lanka gets US aid to develop eastern region

Sept 19, 2008 (LBO) - The United States has launched a programme to help develop Sri Lanka's eastern region from where government forces have driven out Tamil …

Sri Lanka economists to talk inflation at annual parley

Sept 17 2008 (LBO) - Sri Lanka's economists are debating inflation, competitiveness and growth this Friday and Saturday at a time when inflation has hit a …

Sri Lanka stocks fall on blue chip losses

Sept 17, 2008 (LBO) - Share prices fell in Wednesday's trading with the indices dragged down by falls in blue chips and confusion in the market over the …

Sri Lanka’s Treasury chief leaves

Sept 17, 2008 (LBO) - Sri Lanka's Treasury Secretary P B Jayasundera is leaving his position having completed preparatory work on the 2009 budget, a senior …

Sri Lanka to get more concessionary funds: ADB

Sept 16, 2008 (LBO) – Sri Lanka would get more than 200 million US dollars a year from the Asian Development Bank (ADB) over the next three years and the …

Sri Lanka gets extra funds for roads, education, housing: World Bank

Sept 09, 2008 (LBO) - The World Bank has inked deals worth 151 million dollars to lend extra money for road, education and housing reconstruction in …

Sri Lanka central bank says August money growth controlled

Sept 15, 2008 (LBO) - Sri Lanka's central bank said it had maintained targets for reserve money, in the months of July and August, which is its main …

Sri Lanka becomes top South Asian reformer in 2008: IFC study

Sept 10, 2008 (LBO) - Sri Lanka has been rated the top South Asian reformer in an annual business regulation study by the World Bank group, with a new company …

ICRC steps up aid efforts in Tiger-held areas of Sri Lanka

GENEVA, September 9, 2008 (AFP) - The international Red Cross said Tuesday it has stepped up its efforts to assist thousands of displaced people in the …

UN pulls out of Sri Lanka war zone

September 9, 2008 (AFP) - The United Nations said Tuesday it was withdrawing all its aid agency personnel from Sri Lanka's embattled north, following a …

Sri Lanka prosperity index find wide divisions and gains

Sept 08, 2008 (LBO) – Sri Lanka's most prosperous conditions are found in the Western province followed by the central and southern province, while the …

Oil rich Iran’s inflation tops 27-pct

TEHRAN, September 7, 2008 (AFP) - Iran's inflation hit 27. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy diflucan with …

Sri Lanka’s ‘underlying’ inflation in new trouble, as Thailand dumps core

Sept 06, 2008 (LBO) - Sri Lanka's 'core' inflation index, which is claimed to be responsive to central bank action, continued to edge up in August, even as …

Sri Lanka to collect decades old taxes with new law

Sept 04, 2008 (LBO) - Sri Lanka would bring in a new law to collect taxes going back more than half a century from individuals, companies and corporations, a …

Sri Lanka’s conflict-hit and the poor under World Bank focus

Sept 04, 2008 (LBO) - The World Bank will help Sri Lanka build infrastructure and boost economic services to communities marginalized by an internal conflict …

Sri Lanka looks for drug resistant bugs

Sept 04, 2008 (LBO) - Sri Lanka is starting a survey to find bugs that are resistant to antibiotics, and also standardize testing, a pharmaceuticals giant that …