Sri Lanka government offers to talk peace, amidst fighting
June 1, 2007 (AFP) - Sri Lanka's president offered to open peace talks with Tamil Tiger rebels on Friday even as security forces were locked in combat with the …
Economy
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Sri Lanka – Belgian tyre giant looks to roll faster
May 31, 2007 (AFP) - One of the world's biggest solid tyre makers is trying to double its turnover and turn Sri Lanka into a key exporter of rubber products. …
Sri Lanka minister wins over cricket board in selector row
May 31, 2007 (AFP) - Sri Lankan Sports Minister Gamini Lokuge said Thursday his officials will appoint selectors for national sporting teams after a row over …
ESPN rescues Afro-Asia Cup despite absense of Sri Lankan and Indian stars
NEW DELHI, May 31, 2007 (AFP) - The Afro-Asia series in India will go ahead as scheduled next week after the ESPN-Star network stepped in to save the …
Sri Lanka changes exchange rate index base
May 30, 2007 (LBO) – Sri Lanka has changed the base year of two indexes that track the performance of the rupee against the country's trading partners to …
Red Cross returns to Sri Lanka front lines
May 30, 2007 (AFP) - The international Red Cross resumed work Wednesday on Sri Lanka's battle-scarred front lines, offering safe passage for civilians between …
Sri Lanka inflation spikes in May, but moderating trend still seen
May 30, 2007 (LBO) – Sri Lanka's inflation spiked in May by a massive 3 percentage points, reversing a three month trend of falling prices, but the …
Some 30,000 Sri Lankans return home in east: UNHCR
GENEVA, May 29, 2007 (AFP) - Some 30,000 Sri Lankans who had fled fighting in the east of the country have returned to their homes over the past two weeks …
Sri Lanka money printing debate takes new turn as controversy erupts over inflation graph
May 28, 2007 (LBO) – A controversy has erupted over a graph published in Lanka Business Online, which shows a co-relation between inflation and central …
Sri Lanka export industry threatened by tax refund delays
May 28, 2007 (LBO) – Delays in making value added tax (VAT) refunds are forcing Sri Lankan exporters to borrow at high cost and threatening export …
Sri Lanka Telecom sale gets cabinet ok; next step management deal
May 25, 2007 (LBO) - Prospective Malaysian shareholders of Sri Lanka Telecom are seeking wide-ranging management control to purchase a 25 percent stake …
Sri Lanka gets World Bank cash to help Tamil Tiger ‘ethnic cleansing’ victims
May 25, 2007 (LBO) – The World Bank Friday agreed to give Sri Lanka a soft loan of 32 million dollars to help tens of thousands Muslim victims of Tamil …
Sri Lankan women still earn less than men
May 24, 2007 (LBO) – Women with qualifications and experience similar to males get paid an average 18 percent less, according to research, but the …
Sri Lanka’s tsunami affected areas get schools from United States
May 23, 2007 (LBO) – The United States has subcontracted a Sri Lankan firm to construct five schools in the south of the island a week after it awarded a …
Sri Lanka central bank expects to meet June reserve money target ‘comfortably’
May 22, 2007 (LBO) – Sri Lanka will reach the June reserve money target 'comfortably' with interest rates at current levels, the Central Bank said in its …
Central Bank of Sri Lanka steadfast on low inflation and economic stability: Governor
May 22, 2007 (LBO) – Sri Lanka's Central Bank will diligently pursue its aim of economic and price stability and not finance the budget deficit with …
Sri Lanka clearing VAT refunds backlog, govt revenue recovering: Treasury Secy
May 22, 2007 (LBO) – Government revenue is improving and the Inland Revenue Department hopes to clear most of the backlog in value added tax refunds in …
Sri Lanka inflation may spike a little, but continue to fall: Central Bank
May 21, 2007 (LBO) – Though Sri Lanka's inflation will continue to fall with tight monetary policy, there may be spikes due to administered price rises …
Sri Lanka – Jordan govts and trade chambers sign new deals ahead of G11 summit
SHUNEH, Jordan, May 19, 2007 (AFP) - Heads of state and representatives of 11 developing countries meet in Jordan on Saturday to draw up a platform of …
Money printing Zimbabwe central bank push inflation to 3,714% in April
HARARE,, May 17, 2007 (AFP) - Zimbabwe's annual inflation surged to 3,714 percent in April, ahead of a new pricing and incomes law approved by President Robert …