Economy & Markets

Sri Lanka offers compromise to save peace bid

Apr.18 (AFP) - Sri Lanka Tuesday agreed to helicopter rides for Tiger rebels in a bid to clear the way for truce talks as peace broker Norway sent an envoy to …

Sri Lanka blasts kill eight as Tigers suspend peace talks

Apr.17 (AFP) - At least eight people were killed in two separate mine blasts in northern Sri Lanka Monday, hours after Tiger rebels announced they are …

Child soldier killed in Sri Lanka mine attack: UNICEF

Apr.17 (AFP) - A Tamil Tiger child soldier has been killed in a Claymore mine blast in northern Sri Lanka, the UN agency for children said Monday. online …

Bombs kills eight in Sri Lanka, Norway in fresh salvage bid

Apr. 17 (AFP) - At least eight people were killed in a wave of blasts in Sri Lanka Monday as Tiger rebels suspended their participation in ceasefire talks, …

Sri Lanka’s Central Bank scrambles to satisfy unprecedented cash demand

Apr.17 (LBO) - Sri Lanka’s Central Bank scrambled to cater to an unusually heavy demand for currency notes over the April festive holiday season. online …

Blasts dim Sri Lanka peace hopes amid fresh attacks

Apr.16 (AFP) - Suspected Tamil Tiger rebels Sunday wounded two soldiers with a landmine attack in Sri Lanka's northern Jaffna peninsula, the defence ministry …

Sri Lanka peace hopes dim as Tigers suspend Swiss talks

Apr. 16 (AFP) - Sri Lanka's Tiger rebels Sunday suspended their participation at Swiss talks on saving their troubled truce, dimming prospects for peace as the …

Mines found in Sri Lanka ahead of talks

Apr.15 (AFP) - Sri Lankan troops arrested a man trying to plant two Claymore mines near a military checkpoint Saturday as peace broker Norway announced a five …

Sri Lanka says doubts rebels want talks to save ceasefire

Apr.15 (AFP) - Sri Lanka Saturday expressed "serious doubts" about whether Tamil Tiger rebels want to go ahead with talks due to be held in Swizterland that …

Sri Lanka truce talks dim as blasts kill seven

Apr. 15 (AFP) - Suspected Tamil Tigers detonated two mines in Sri Lanka Saturday, killing seven security personnel as both the government and the rebels cast …

Norway clinches new dates for Sri Lanka talks

Apr.14 (AFP) - Peace broker Norway announced Friday that talks between the Sri Lankan government and Tiger rebels, under threat from a new wave of violence, …

Blast and curfew mars Sri Lanka’s New Year

Apr.14 (AFP) - Two people were killed in fresh violence in Sri Lanka's restive east on the traditional New Year day Friday and an indefinite curfew was clamped …

Sri Lanka extends curfew after bloodshed

Apr.13 (AFP) - Police extended a night curfew in Sri Lanka's northeastern port district of Trincomalee on Thursday, a day after a bomb blast at a vegetable …

Sri Lanka Tigers seek to postpone Swiss talks

Apr.13 (AFP) - Sri Lanka's Tamil Tiger rebels Thursday called for a postponement of ceasefire talks scheduled for next week in Switzerland amid an upsurge in …

Sri Lanka accuses rebels of targeting civilians

Apr.13 (AFP) - Tamil Tiger rebels have begun targeting civilians with a bomb attack on a crowded market that killed 17 people, the Sri Lankan government …

Inflationary expectations low this year – poll

Apr. 12 (LBO) - An online poll of LBO readers has shown that inflationary expectations for 2005 are low. online pharmacy buy diflucan with best prices today in …

Market bomb kills 13, dims peace hopes in Sri Lanka

Apr. 12 (AFP) - A bomb ripped through a vegetable market in northeastern Sri Lanka on Wednesday, killing 13 people in the latest of a series of blasts which …

Sri Lanka truce monitors to meet LTTE after latest attacks in Trincomalee

Apr.12 (LBO) – Sri Lanka's ceasefire monitors are due to meet with Tamil Tiger rebels on Thursday after four blasts since Monday have killed 34 people, …

Sri Lanka’s Central Bank maintained policy rates for the fourth straight month

Apr.12 (LBO) - Sri Lanka's Central Bank Wednesday maintained policy rates for the fourth straight month as they are comfortable with economic expansion, though …

Foreign remittances keep Sri Lanka floating

Apr.12 (LBO) – Sri Lanka's balance of payments (BOP) has recorded a US$142 million surplus for the three months to March, the Central Bank said Wednesday …