Package Deal
Jun 01 (LBO) – The government has approved a restructuring plan for loss making Ceylon Electricity Board (CEB), which includes re-scheduling 60 billion …
.
Начните играть в Вавада казино и воспользуйтесь эксклюзивным предложением - 100 фриспинов для новых игроков! Не упустите свой шанс выиграть больше!
.Sri Lanka’s inflation rate climbs to 13.2% in May
May 31, 2006 (LBO) – Sri Lanka's inflation rate for May rose as short supplies of consumer eatables like cream cracker biscuits, rice, bread, red onions, …
Petroleum Politics
May 31, 2006 (LBO) – Sri Lanka's Energy Minister has set the stage to take back Ceylon Petroleum Corporation assets, currently vested with the Treasury. …
Sri Lanka ships more goods in April; trade deficit widens
May 30, 2006 (LBO) – Sri Lanka's trade deficit – the broadest measure of international trade – expanded during the four-months to April to …
Sri Lanka to raise import tariffs for wheat to prop up rice prices
May 30, 2006 (LBO) – Sri Lanka plans to raise import tariffs on wheat to encourage paddy sales and shore up prices, treasury secretary P B Jayasundara …
Dire Straits
May 23, 2006 (LBO) – Cash strapped retail fuel supplier Lanka IOC has put a break on future imports, citing an unpaid 7.44 billion rupee subsidy payment …
Continuing violence slowing down aid projects: World Bank
May 19, 2006 (LBO) – An upsurge in violence in the north east part of Sri Lanka could slow down progress post-conflict development projects, a top World …
Sinking Further
May 17 (LBO) – Petroleum retailer Lanka IOC, Friday reported a 7.1 billion rupee loss for the year ended March 31, as the Sri Lankan government fail to …
U.S. gives million dollars to spruce up tsunami shelters
May 18, 2006 (LBO) – The United States Thursday gave Sri Lanka a one million dollar grant to upgrade and improve the living conditions in 40,000 …
Quantum Leap
May 17, 2006 (LBO) – Runaway global oil prices is expected to cost Sri Lanka 2,250 million dollars this year, the government said Wednesday, in a broad …
Sri Lanka joins ADB initiative to combat corruption
May 17, 2006 (LBO) – Sri Lanka Wednesday joined an Asian Development Bank- Organisation for Economic Co-operation and Development initiative to develop …
Lame Excuse
May 16 (LBO) – A top economist tells Sri Lanka not to delay petroleum pricing reforms by taking cover behind potential oil reserves. Sri Lanka is a net …
War fears batter investor confidence in Sri Lanka
COLOMBO, May 16, 2006 (AFP) - Fears Sri Lanka could return to civil war have punched a hole in investor confidence and wiped millions of dollars off the value …
Foreign loans, overseas remittances, keep Sri Lanka floating
May 15 (LBO) – Sri Lanka's balance of payments (BOP) has recorded a 150 million dollar surplus for the three months to March, the Central Bank said …
New Wing
May 11 (LBO) – The government has given state oil giant Ceylon Petroleum Corporation the go ahead for a feasibility study to double capacity at its …
Breaking Ground
May 11 (LBO) – Sri Lanka began construction of it first coal power plant on Thursday in Norachcholai on the island's West Coast, amidst protests by …
Violence, oil cast shadow on Sri Lanka
May 11 (Dow Jones)--The course of Sri Lanka's peace process has become crucial to the country's economy, as high oil prices threaten double-digit inflation. …
New Deal
May 08 (LBO) – The Power Ministry said Monday that it would pump in funds to upgrade 100 state held fuel sheds, left over from privatising Sri Lanka's …
Going Upstream
May 2 (LBO) – Sri Lanka is setting up an upstream oil company as the country gets ready to auction several off-shore oil exploration blocks, Petroleum …
World Bank unlikely to cut cheap aid to Sri Lanka despite rising incomes
May 03 (LBO) – The World Bank has not taken a decision to end concessionary lending to Sri Lanka despite the tsunami-hit island reporting more than 1,000 …