Sri Lanka tea exports fall sharply in April
June 06, 2009 (LBO) - Sri Lanka's shipments of tea, its main commodity export, fell sharply in April compared with a year ago, as production was hit by severe …
Other
India new govt says will focus on growth, help poor
NEW DELHI, June 4, 2009 (AFP) - India's new Congress-led government promised Thursday to focus on spurring economic growth in its bid to meet a recent election …
Sri Lanka probes foreigners in refugee camps
June 4, 2009 (AFP) - Sri Lanka has identified six foreign nationals among tens of thousands of war displaced civilians held in state-run camps in the island's …
Hostage Crisis
ZAMBOANGA, June 4, 2009 (AFP) - A Sri Lankan peace activist kidnapped by Islamic militants in the southern Philippines almost four months ago has been safely …
No Deal
June 4, 2009 (LBO) - Sri Lanka's Supreme Court said a 2003 privatization of Sri Lanka Insurance Corporation (SLIC) to listed Distilleries group was illegal and …
India’s mobile subscriber base crosses 400 million
NEW DELHI, June 2, 2009 (AFP) - The number of mobile subscribers in India crossed the 400 million mark in April, official data showed Tuesday, putting the …
Indian exports dive for seventh month
NEW DELHI, June 1, 2009 (AFP) - India's exports of jewelry, garments and other goods slid 33 percent in April, shrinking for the seventh straight month, hit by …
Sangakkara learning to live with Lahore memories
LONDON, June 1, 2009 (AFP) - Sri Lanka captain Kumar Sangakkara said that while life for his side would not be the same after the attack on their team bus in …
Fake Battle
June 01, 2009 (LBO) – Coats Thread Lanka (CTL) says it is battling counterfeiting of its brands by taking legal action against sellers of fakes and …
Key Decisions
June 01, 2009 (LBO) – Sri Lanka's Supreme Court has appointed a chief executive, an auctioneer and auditors to the collapsed Golden Key Credit Card …
Derivative Probe
May 31, 2009 (LBO) - Sri Lanka's police have raided the offices of state-run Ceylon Petroleum Corporation (CPC) and seized documents related to exotic oil …
India economy headed higher, reforms in sight: analysts
NEW DELHI, May 31, 2009 (AFP) - India's economy is on the upswing with eyes now keenly focused on July's planned budget for new market-opening moves by the …
Sri Lanka’s ‘X factor’ Malinga back in supernatural swing
LONDON, May 31, 2009 (AFP) - Lasith Malinga is such an integral part of Sri Lanka's fast bowling arsenal that it needed the nation's president to intervene and …
D Day
May 31, 2009 (LBO) – A decision on a case challenging the privatization of Sri Lanka Insurance Corporation (SLIC) is listed for delivery at Sri Lanka's …
Wal-Mart set to make first foray into India
NEW DELHI, May 29, 2009 (AFP) - The world's number one retailer Wal-Mart is set to open its first sales venture in India Saturday as part of an ambitious plan …
Sri Lankan tea prices weaken further
May 29, 2009 (LBO) - Sri Lankan tea prices sagged further this week, pushed down by larger volumes, lower quality and a stronger rupee, brokers said. The rupee …
Weak Judiciary
May 29, 2009 (LBO) - Sri Lanka’s justice system, legal profession and media are all under grave threat, said a report published by the International Bar …
United Breweries, Heineken may form Indian venture
NEW DELHI, May 28 (Asia Pulse) - Vijay Mallya-led United Breweries (UB) and Dutch beer maker Heineken could come together in the Indian market, following the …
Sri Lanka poultry sector in dead trouble
May 28, 2009 (LBO) - A top Sri Lankan poultry breeder says it is destroying parent stock amid a deepening slump in the industry, while a related chicken feed …
Rights diplomats struggle to find Sri Lanka compromise
GENEVA, May 27, 2009 (AFP) - The UN Human Rights Council reconvened its special session on Sri Lanka Wednesday with diplomats struggling to bridge an …