Sri Lanka price controls disrupt rice market: reports
April 20, 2008 (LBO) – Sri Lanka's Zimbabwe-style price controls on rice have started to disrupt supplies threatening to turn what was simply a steep …
Economy & Markets
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Sri Lanka Telecom stakes bought by GTH
April 17, 2008 (LBO) "Global Telecommunication Holdings (GTH), a Netherlands incorporated unit through which Malaysia's UT group is trying to acquire control …
Sri Lanka Telecom, plantations drive share market higher
April 17, 2008 (LBO) - Sri Lanka's shares closed higher Thursday, driven by a large trade in market heavyweight Sri Lanka Telecom and interest in plantations …
Sri Lanka govt subsidies fuelling inflation: central bank
April 17, 2008 (LBO) – Sri Lanka's Central Bank has said heavy government spending to subsidise fuel, electricity and fertiliser destabilises the …
Sri Lanka Telecom share price edges up as large stake changes hands
April 16, 2008 (LBO) - Nearly 32 million Sri Lanka Telecom shares changed hands on the Colombo bourse at 49 rupees a share, up 25 cents Wednesday. online …
Sri Lanka’s war, fiscal reversals, policy stance hit sovereign rating: S&P
April 16, 2008 (LBO) - Sri Lanka's internal war and a reversal in 'tentative' improvements in state finances had made the country less able to weather shocks, …
Sri Lanka Telecom share transfer boosts turnover
April 16, 2008 (LBO) - Nearly 32 million Sri Lanka Telecom shares were traded on the Colombo bourse at 49 rupees a share, boosting turnover on an otherwise …
Sri Lanka central bank decries over staffing of government sector
April 16, 2008 (LBO) – Sri Lanka's central bank has criticised the practice of ruling party politicians of stuffing the state sector with their …
Sri Lanka plantation stocks draw interest
April 15, 2008 (LBO) - Sri Lankan stocks edged higher Tuesday with plantations stocks drawing some interest in an otherwise dull market on anticipation of …
IMF says dollar-pegged nations hit by ‘full brunt’ of commodity bubble; what can Sri Lanka do?
April 14, 2008 (LBO) – Countries pegged to the US dollar have felt the 'full brunt' of recent increases in commodity prices, a top IMF official said …
Ron Paul slams Federal Reserve as US money printing de-stabilize world
April 13, 2008 (LBO) – Texas Congressman Ron Paul has slammed the Federal Reserve for printing money to manipulate interest rates and undermining the …
Sri Lanka lifts tax surcharge from personal incomes
April 12, 2008 (LBO) – Sri Lanka has lifted a surcharge on personal income tax from February 2008, but it would remain in place for companies, the …
Cooling inflation in Sri Lanka and Vietnam a priority rather than growth: IMF
April 12, 2008 (LBO) – Though some Asian nations are worried about slower growth in the wake of financial turmoil in the US, countries like Sri Lanka and …
Sri Lanka budget off target, real revenues fall in 2007
April 10, 2008 (LBO) – Sri Lanka's state revenues were sharply lower than budgeted and current expenditure soared in 2007 while taxes slipped in real …
Sri Lankan shares end firmer
April 10, 2008 (LBO) - Sri Lankan stocks closed slightly firmer Thursday but ended the shortened trading week on a weaker note despite a big deal that sent …
Sri Lanka’s Central Bank says IMF inflation study is wrong
April 09, 2008 (LBO) – Sri Lanka's central bank has strongly disputed findings in an International Monetary Fund study, which went against official …
Sri Lanka stock market turnover soars on hotel deal
April 09, 2008 (LBO) - The sale of a controlling stake in Ceylon Continental hotel pushed up turnover in Sri Lanka stock market to over 1. online pharmacy buy …
Sri Lanka CPC builds up forex reserve: central bank
April 08, 2008 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has been building up a foreign exchange reserve to meet its payments in a bid to …
Sri Lanka asks World Bank to fund highway to Jaffna
April 08, 2008 (LBO) – Sri Lanka has asked the World Bank to fund a highway to the northern Jaffna peninsular, which is now cut off from the rest of the …
Sri Lanka should end ‘poor’ mentality: President Rajapakse
April 08, 2008 (LBO) – Sri Lankans should stop thinking themselves as being 'poor' and develop a mentality that they are stakeholders with some means in …