Sri Lanka will not try forcible curbing of fuel use: minister
June 3, 2008 (LBO) – Sri Lanka will not try to impose laws on productive sectors of the economy to curb oil use, but is aiming to cut energy use in the …
Economy
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Sri Lanka flood death toll rises; 250,000 displaced
June 3, 2008 (AFP) - The death toll from a week of torrential rain across Sri Lanka has risen to 17 and more than 253,000 people have been driven from their …
Sri Lanka fuel subsidy fraud bared in newspaper editorial
June 02, 2008 (LBO) – An influential weekly has slammed Sri Lanka's practice of giving subsidies in the guise of helping the common man, and exposed the …
Japan may export rice to Sri Lanka: official
TOKYO, June 2, 2008 (AFP) - Japan is mulling a request from Sri Lanka to export up to 200,000 tonnes of its imported rice supplies to help Colombo ease acute …
Sri Lanka floods kills seven, displace tens of thousands
June 2, 2008 (AFP) - Heavy monsoon rains have killed seven people and driven 73,000 from their homes across Sri Lanka, the island's disaster management centre …
Sri Lanka should watch external sector developments: economist
June 01, 2008 (LBO) - A strong balance of payments position and a strong currency is giving stability to Sri Lanka's external sector. But it is at odds with …
Sri Lanka politicians to meddle in fuel use
May 31, 2008 (LBO) – Sri Lanka's ruling politicians are to come up with plans next week to reduce energy use, with the petroleum bill being identified as …
Sri Lanka warns Western sanctions could worsen internal conflict
WASHINGTON (AFP) - Sri Lanka called on Western powers Thursday to be wary of imposing sanctions for its alleged human rights violations, warning that the …
Sri Lanka seeks food crisis loan: World Bank
The World Bank is considering giving Sri Lanka a crisis loan to tackle galloping food prices, the global financial institution's vice president said on Friday. …
Sri Lanka’s inflation hit new high; another index suppressed
May 30, 2008 (LBO) – Inflation in Sri Lanka's capital hit a new high of 26.2 percent in May up from 25.0 percent on a new index, while an index showing …
Top Sri Lanka official says freezing prices an economic crime
May 29, 2008 (LBO) – A top official of a government body said freezing prices of government output was an 'economic crime' because the popular concept of …
ICRC warns rising food prices hurting the poorest in war zones
May 27, 2008 (AFP) - The head of the International Red Cross warned Tuesday that soaring food prices are exacerbating the misery of millions of poor people …
Sri Lanka meeting mulls trade-poverty nexus
May 28, 2008 (LBO) – Trade liberalisation may not necessarily lead to economic growth and lower poverty, with state intervention in recent financial …
Sri Lanka to raise minimum wage
May 27, 2008 (LBO) – Sri Lanka employers grouping, unions and the government are in discussions to raise minimum wages in the country, an official said …
Sri Lanka state sector is heavy on poor: minister
May 27, 2008 (LBO) - Sri Lanka has the world's biggest public sector which is too big a burden on the poor, and the public service must do more to drive …
Sri Lanka minister threatens mandated wage hike
May 26, 2008 (LBO) – Sri Lanka's labour minister threatened to mandate a private sector wage hike the same day the island's monetary authority said it …
Sri Lanka central bank says inflation would be higher than target
May 26, 2008 (LBO) – Sri Lanka's central bank said inflation would be higher than targeted in 2008, as the monetary authority found it difficult to …
Reserve currencies should stop money printing to contain commodity bubble: IMF study
May 25, 2008 (LBO) – The world's major 'reserve currency' central banks should stop money printing to end a monetary shock that is firing a global …
Sri Lanka coastal town scores with garbage recycling
May 12, 2008 (LBO) - A town in Sri Lanka’s southern coastal belt has improved its environment and the finances of its local government body through a …
WFP seeks more money to feed Sri Lanka’s displaced
May 8, 2008 (AFP) - A United Nations agency Thursday appealed for 36 million dollars to feed thousands of Sri Lankans displaced by fighting between troops and …