Sri Lanka ‘pilot census’ to begin in October

Sept 14, 2010 (LBO) - Sri Lanka's statistics office has completed most of the preliminary work to conduct its first island-wide population count in 30-years …

Cuba to axe one million state jobs

HAVANA, September 14, 2010 (AFP) - Cuba has announced plans to slash one million state jobs and encourage the growth of its emerging small business sector in a …

Sri Lanka rating raised to ‘B+’ by S&P

Sept 14, 2010 (LBO) - Standard & Poor's has raised its long-term foreign currency sovereign credit rating on Sri Lanka to 'B+' from 'B' and the long-term local …

Info on Tamil refugees stolen in Canada break-in

MONTREAL, September 13, 2010 (AFP) - Information about the 492 Tamils refugees who arrived in Canada last month aboard a cargo ship has been stolen from a …

Sri Lanka 83rd in Forbes best countries for business list

Sept 13, 2010 (LBO) - Sri Lanka has been ranked 83rd in the latest Forbes Best Countries for Business list, behind India which was placed 77th but ahead of …

Campaigners seek more reactive UN rights council

GENEVA, September 12, 2010 (AFP) - Five years after the Human Rights Council was set up, the United States, once among its biggest critics, has now confirmed …

IMF warns of debt menace as recovery slows

WASHINGTON, September 10, 2010 (AFP) - High levels of national debt and a still shaky financial sector threaten to derail the global economic recovery, the IMF …

Sri Lanka’s constitution changes draw US concern

WASHINGTON, September 11, 2010 (AFP) - The United States on Saturday expressed concern over changes to the Sri Lankan constitution, which strengthened the …

IMF to sell 400 million dollars’ worth of gold to Bangladesh

WASHINGTON, September 9, 2010 (AFP) - The International Monetary Fund on Thursday announced it would sell 10 metric tons of gold to Bangladesh, worth around …

Sri Lanka ministers hails new powers for president

September 9, 2010 (AFP) - Sri Lankan ministers on Thursday denied that the president now enjoyed dictatorial powers under a post-war constitutional revamp, but …

Sri Lanka president set to cement grip

September 7, 2010 (AFP) - Sri Lanka's parliament will vote Wednesday on constitutional reforms enabling President Mahinda Rajapakse to seek a third term, in …

Sri Lanka changes constitution, lifts term limits

Sept 08, 2010 (LBO) - Sri Lanka's parliament has changed the constitution, lifting term limits for the president with 161 votes or 11 seats more than a …

Sri Lanka Supreme Court backs president’s third-term bid

September 7, 2010 (AFP) - Sri Lanka's Supreme Court has cleared the way for President Mahinda Rajapakse to run for a third term in office, saying the …

Sri Lanka investment agency awaits tax policy in budget

Sept 07, 2010 (LBO) - Sri Lanka's state investment promotion agency is waiting for the harmonization of a tax regime in the island following a budget later …

Sri Lanka civil society organizations oppose constitutional change

Sept 06, 2010 (LBO) - Civil society organization representing several interest groups in Sri Lanka have come out against proposed changes to the constitution …

Sri Lanka breakdown of remaining democracy slammed by newspapers

Sept 05, 2010 (LBO) - Sri Lanka's main English weeklies have slammed a proposed change to the country's constitution as the latest in a long list of moves by …

Sri Lanka lake front to be park, entertainment complex: report

Sept 04, 2010 (LBO) - Land around a lake in Sri Lanka's capital Colombo has been earmarked for hotels, a park, a shopping and an entertainment area and will be …

Sri Lanka foreign reserves surge to US$5.7bn: Central Bank

Sept 02, 2010 (LBO) - Sri Lanka's foreign reserve surged to 5,731 billion US dollars in June 2010 when counting domestically arranged currency swaps, the …

Euro, yen and emerging currencies gain forex share: BIS

GENEVA, September 1, 2010 (AFP) - The euro, Japanese yen and some emerging market currencies are gaining ground in the foreign exchange market while the dollar …

Sri Lanka trade deficit surges amid economic recovery

Sept 01, 2010 (LBO) - Sri Lanka's exports grew 13.7 percent to 3.6 billion US dollars in the first half of 2010, and imports expanded 42.1 percent amid an …