Sri Lanka hit by regime uncertainty
Nov 08, 2011 (LBO) - Sri Lanka's investment prospects would be hurt by sudden changes in policy and laws relating to property rights and investment returns …
Economy & Markets
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Sri Lanka’s large chambers want expropriation bill deferred
Nov 08, 2011 (LBO) - Sri Lanka's large business chambers have urged the state to defer a hastily drawn up law to expropriate three dozen business ventures …
Sri Lanka unit of Singapore firm listed for expropriation
Nov 07, 2011 (LBO) - A convention centre run by a Singapore-based firm in Sri Lanka's capital Colombo has been listed for expropriation in a controversial bill …
Sri Lanka military to build 5-star hotel, float construction firm: report
Nov 07, 2011 (LBO) - Sri Lanka's military is looking for land in Colombo to build a five star hotel and will also float a construction firm to bid for state …
Sri Lanka post-war hopes hit by nationalisation ‘blow’
November 6, 2011 (AFP) - Sri Lanka's president has vowed to turn his war-battered nation into the "miracle of Asia," but a controversial new nationalisation …
Sri Lanka sugar mill blockaded, director assaulted ahead of expropriation
Nov 05, 2011 (LBO) - A sugar mill in Sri Lanka slated for expropriation has been blockaded by ruling party activists and there was no police protection its …
Sri Lanka business chambers endorse expropriation bill
Oct 05, 2011 (LBO) - Sri Lanka's large business chambers have tacitly endorsed a draft law to expropriate assets of several businesses on a promise that it …
Sri Lanka stock close flat
Nov 04, 2011 (LBO) - Sri Lanka stocks closed flat in thin trading Friday while sugar producer halted a capital raising, after it was listed in a bill to …
Sri Lanka Marxists oppose expropriation law in historic move
Nov 04, 2011 (LBO) - In a bizarre development, Sri Lanka's Janatha Vimukthi Peramuna, a Marxist opposition party has opposed a state plan to expropriate assets …
Sri Lanka university deal to CATIC
Nov 04, 2011 (LBO) - Sri Lanka has given an 89. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy diflucan with best prices …
Sri Lanka govt defends nationalisation bid
November 3, 2011 (AFP) - Sri Lanka on Thursday defended a controversial move to nationalise "under-performing" private companies and rejected allegations that …
Sri Lanka trying to swap Chinese infrastructure loans to equity: minister
Nov 03, 2011 (LBO) - Sri Lanka wants to swap debt to equity at some of its Chinese funded projects to reduce repayment pressure in the future, minister for …
Sri Lanka rejects all bids at Treasures auction
Nov 03, 2011 (LBO) - Sri Lanka's state debt office rejected all bids at a Treasuries auction Wednesday after rates rose for several weeks running. online …
Sri Lanka stocks end down 0.9-pct
Nov 03, 2011 (LBO) - Sri Lankan stocks slumped Thursday, a day after being pushed up almost three percent on news a regulator who had been cracking down on …
Sri Lanka state entities making losses; ruined by political meddling: report
Nov 03, 2011 (LBO) - Sri Lanka's state entities have been badly hit by the appointment of unqualified persons to top positions and while annual accounts were …
Sri Lanka stocks end up 2.7-pct
Nov 02, 2011 (LBO) - Sri Lankan stocks closed sharply higher Wednesday on news the markets regulator who had cracked down on securities fraud had been removed, …
Sri Lanka minister in bid to fast track building starts
Nov 02, 2011 (LBO ) - Sri Lanka's economic development minister Basil Rajapaksa urged state agencies to drop archaic rules and procedures that were delaying …
Sri Lanka expropriation law will violate economic freedom: opposition
Nov 02, 2011 (LBO) - A planned expropriation law violates economic freedoms of citizens and will scare away foreign investors, lawmakers representing Sri …
Sri Lanka stocks end down 0.6-pct
Nov 01, 2011 (LBO) - Sri Lankan shares closed lower Tuesday with a large transaction in Hayleys boosting turnover, brokers said. The main All Share Price Index …
Sri Lanka planned expropriation law under fire
Nov 01, 2011 (LBO) - A secretly written expropriation law which has not yet been presented to parliament has come under fire from a lawmaker and an ex-chamber …