Money for new Sri Lanka ministers passed
June 19, 2007 (LBO) -- Sri Lankan government Tuesday narrowly secured parliamentary approval to raise the national budget amidst chaos in the house when two …
Economy
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Sri Lanka interest rates up on heavy government borrowing
June 13, 2007 (LBO) – Sri Lanka's 3-month risk free yields gained 15 basis points at the latest treasuries auction, while a ministerial decision to fix …
Sri Lanka trade deficit expands in April but BOP steady
June 14, 2007 (LBO) - Sri Lanka's exports grew 11. online pharmacy buy diflucan with best prices today in the USA 5 percent and imports by 7.4 percent in the …
Sri Lanka slums to get facelift with UN, private sector help
June 14, 2007 (LBO) – The United Nations Habitat section has teamed up with Sri Lanka's urban development ministry to improve living conditions of low …
Sri Lanka economy slows in first quarter as expansionary stimulus wears off
June 13, 2007 (LBO) – Sri Lanka's economy slowed sharply to 6.1 percent in the first quarter of 2007 from 7.9 percent last year, as the conflict began to …
Putin calls for revolution in world economic relations
SAINT PETERSBURG, June 10, 2007 (AFP) - Russian President Vladimir Putin on Sunday called for a revolution in world economic relations, saying institutions …
Sri Lanka court halts eviction of Tamils
June 8, 2007 (AFP) - Sri Lanka's Supreme Court Friday ordered an immediate halt to the eviction of minority ethnic Tamils from the capital, a day after …
Badly mutilated bodies found near Sri Lanka airport
June 8, 2007 (AFP) - Nine badly mutilated bodies were found in a garbage dump just north of Sri Lanka's international airport Friday, police said, prompting …
Sri Lanka looks to boost economic growth despite obstacles
June 07, 2007 (LBO) – Sri Lanka plans to accelerate and broaden its development activities despite the internal conflict, the island's president said …
Indian telco bids over US$160 million for Sri Lanka’s Suntel: report
June 7, 2007 (LBO) – India's Mahanagar Telephone Nigam Ltd (MTNL) has put in a bid between 160 million dollars to 180 million for the Sri Lankan wireless …
Sri Lanka police evict jobless Tamils from capital
June 7, 2007 (AFP) - Armed police forced hundreds of ethnic minority Tamils out of the Sri Lankan capital Colombo Thursday as part of an effort to clear the …
Sri Lanka should trim corruption and modernise education to go forward: US envoy
June 07, 2007 (LBO) – Sri Lanka's should trim redundant ministries, increase wages for senior officials and be more transparent to help propel the …
Sri Lankan commercial bank widens reach of hedging products
June 06, 2007 (LBO) – The Commercial Bank of Ceylon says it is broadened the availability of forex hedging products, allowing even individuals to use …
Sri Lanka finance ministry, auditor-general in row over revenue losses
June 06, 2007 (LBO) – Sri Lanka's Finance Ministry has disputed a report by the auditor-general that weak collections led to a revenue loss of 360 …
Sri Lanka reaches May reserve money target: Central Bank
June 04, 2007 (LBO) – Sri Lanka has reached its reserve money target for May with several billion rupees to spare, indicating that inflation will …
Sri Lanka says Tamil Tigers are a threat to international shipping
SINGAPORE, June 3, 2007 (AFP) - Tamil Tiger rebels are a threat to shipping in the Indian Ocean, Sri Lanka's foreign minister told a regional security …
Sri Lanka bans trucks travelling to capital from Tiger-controlled areas
June 2, 2007 (AFP) - Sri Lanka said Saturday it would not allow trucks coming from rebel-held areas in the northeast into Colombo after police claimed to have …
India urges Sri Lanka not to shop for arms in China, Pakistan
CHENNAI, India, June 1, 2007 (AFP) - India is urging Sri Lanka not to buy weapons from China and Pakistan to fight Tamil rebels, New Delhi's national security …
Sri Lanka gets French help to develop construction industry and tsunami re-building
June 1, 2007 (AFP) - France on Friday gave Sri Lanka a 10 million euro (13.buy stromectol online buy stromectol online no prescription 4 million dollar) loan …
Sri Lanka sitting on a budget deficit time bomb: economist
June 01, 2007 (LBO) – A large budget deficit is a fiscal time bomb, and central bank attempts to stabilize the economy may not work unless support comes …