Expanding Gas

Sept 01, 2010 (LBO) - Sri Lankan liquid petroleum gas (LPG) supplier Laugfs Gas is to expand with plans for regional storage facilities in the north and south, …

Sri Lanka supreme court takes up constitutional changes

August 31, 2010 (AFP) - Sri Lanka's Supreme Court on Tuesday began assessing a draft bill that would amend the island's constitution to allow President Mahinda …

Sri Lanka Treasury chief backs free trade

Aug 31, 2010 (LBO) - Sri Lanka's finance secretary, a key policy maker in the current administration has backed freer trade which can improve people's …

Sri Lanka inflation at 5.0-pct in August

Aug 31, 2010 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 5. online pharmacy buy flagyl with best prices today in the USA buy bactroban online …

Sri Lanka cabinet backs constitution change for president

August 30, 2010 (AFP) - Sri Lanka's cabinet on Monday backed changing the constitution to allow President Mahinda Rajapakse to run for office for a third term, …

Japan’s consumer prices slide, unemployment falls

TOKYO, August 27, 2010 (AFP) - Japan's consumer prices continued to slide while the unemployment rate fell for the first time in six months in July, the mixed …

US should stay off further stimulus: John Taylor

Aug 26, 2010, Palo Alto (LBO) - Though US economic growth is 'fizzling out' there is unlikely to be a double dip recession and new ad hoc stimulus measures …

Sri Lanka revenue soars after vehicle import tax cut: official

Aug 25, 2010 (LBO) - Sri Lankan government tax revenues have risen sharply after import duties on vehicle imports were slashed, a senior finance ministry …

Sri Lanka IMF programme on track, to get next tranche: official

Aug 23, 2010 (LBO) - An International Monetary Fund (IMF) mission to Sri Lanka said the island's programme with the fund is on track with the government being …

Australia in political limbo after voters punish PM

SYDNEY, August 22, 2010 (AFP) - Australia was in political limbo Sunday after voters punished Prime Minister Julia Gillard for deposing her predecessor two …

Australia hung parliament ‘more and more likely’: officials

SYDNEY, August 21, 2010 (AFP) - Australia faced the "more and more likely" prospect of a hung parliament Saturday, with neither the government nor the …

Sri Lanka gets Japan, ADB help to restore livelihoods of families affected by war

Aug 20, 2010 (LBO) - The Asian Development Bank (ADB) and Japan are providing financial aid to help Sri Lanka restore infrastructure and provide livelihood …

Sri Lanka war hero braced for jail term

August 19, 2010 (AFP) - Sri Lanka's former army chief Sarath Fonseka said Thursday he expects the government to put him behind bars to end his political career …

Sri Lanka former war zone economy transformation seen

Aug 20, 2010 (LBO) - Northern Sri Lanka, where education was highly valued before war retarded its growth, has potential to be transformed into a 'knowledge …

Sri Lanka central bank cuts reverse repurchase rate

Aug 20, 2010 (LBO) - Sri Lanka's Central Bank said it has cut its reverse repurchase rate by 50 basis points to nine percent with immediate effect, while …

Iceland strives to become a global press freedom haven

REYKJAVIK, August 19, 2010 (AFP) - After Iceland's near-economic collapse laid bare deep-seated corruption, the country aims to become a safe haven for …

Oil Supply

Aug 19, 2010 (LBO) - Sri Lanka is to extend a deal with Iran to buy two million metric tonnes of crude oil a year with a 120-day interest free credit facility, …

Canada takes hard line on Tamil migrants

VANCOUVER, August 17, 2010 (AFP) - A Canadian tribunal on Tuesday ordered continued detention for the first person interviewed in a group of 492 Tamil asylum …

Sri Lanka to get investments from India’s Mahindra group

Aug 18, 2010 (LBO) - India's Mahindra and Mahindra group is planning to make investments in Sri Lanka initially in tourism and financial services and also …

Sri Lanka gets visit by ADB vice president

Aug 18, 2010 (LBO) - Asian Development Bank (ADB) said its Vice President Xiaoyu Zhao will visit Sri Lanka from 19-21 August for talks with the government and …