Sri Lankan cabinet meets in former Tiger capital

KILINOCHCHI, July 14, 2010 (AFP) - The president of Sri Lanka held a cabinet meeting on Wednesday in the northern town of Kilinochchi, the capital of the Tamil …

IMF to hire more Asians

Daejeon, KOREA July 14, 2010 (LBO) - The International Monetary Fund (IMF) plans to hire more Asians as it undergoes reforms and seeks to improve relations …

Sri Lanka cabinet to meet in former Tiger capital

July 13, 2010 (AFP) - The Sri Lankan president and his ministers are to hold a meeting Wednesday in Kilinochchi, the northern town from which the Tamil Tiger …

IMF facilities seen as alternative for forex reserves

Daejeon, KOREA July 13, 2010 (LBO) - The International Monetary Fund (IMF) is considering creating new lending facilities to help countries cope with economic …

South Korea presses for IMF reforms

Daejeon, KOREA July 12, 2010 (LBO) - The finance minister of South Korea, which is hosting an International Monetary Fund conference on Asia, pressed for …

Asia must brace for choppy capital flows: IMF warns at Korea forum

Daejeon, KOREA July 12, 2010 (LBO) - Asian economies must prepare to face huge and highly volatile capital flows and possibly more economic shocks given recent …

Sri Lankan lawmaker ends ‘death fast’ over UN probe

July 10, 2010 (AFP) - A Sri Lankan lawmaker ended a "death fast" Saturday outside the main UN compound in Colombo after failing to get the world body to …

Sri Lanka UN office ‘blockade’ dismays diplomats

July 10, 2010 (LBO) - Diplomats in Colombo have called upon the government to ensure the security of United National staff and expressed dismay at a 'blockade' …

Ban urges Sri Lanka to ‘normalize conditions’ at UN compound

UNITED NATIONS, July 9, 2010 (AFP) - UN chief Ban Ki-moon Friday called Friday on Sri Lanka to "normalize conditions" around the UN office in Colombo after …

Sri Lankan protest drags on despite appeal from UN chief

July 10, 2010 (AFP) - A Sri Lankan lawmaker entered the fifth day of a protest outside the main UN compound in Colombo Saturday despite a plea from UN chief …

Protest

July 9, 2010 (AFP) - Sri Lanka said Friday that UN chief Ban Ki-moon had "acted in haste" by recalling his top envoy on the island in response to angry …

Sri Lanka relaxes monetary policy

July 09, 2010 (LBO) - Sri Lanka has relaxed monetary policy cutting rates by 25 basis points and raising its target from reserve money, the narrowest money …

Sri Lanka UN representative recalled amid war crimes row

UNITED NATIONS, July 8, 2010 (AFP) - UN chief Ban Ki-moon recalled Thursday his main representative in Sri Lanka and closed down offices in Colombo that have …

Sri Lanka developing concept plan for Colombo

July 07, 2010 (LBO) - Sri Lanka is drawing up a concept plan to develop Colombo city, clear under-utilized area, reclaim land from the sea and open them for …

Sri Lanka to push up investment levels with stability, low deficits: Treasury secretary

July 07, 2010 (LBO) - Sri Lanka will maintain public investment at around 6 percent of gross domestic product and will attempt to kindle private investment …

Shell Talks

July 06, 2010 (LBO) - A high powered Sri Lanka government committee tasked with buying back a controlling stake in a gas firm privatized to Shell, a petroleum …

Fuel Failure

July 06, 2010 (LBO) - Sri Lanka's state-owned oil refiner, Ceylon Petroleum Corporation (CPC), suffered a loss of almost 13 billion rupees in the first six …

Sri Lanka April foreign reserves at US$5.2bn

July 06, 2010 (LBO) - Sri Lanka's official foreign reserves edged up to 5,515 million US dollars in April 2010 from 5,192 million US dollars while imports also …

Fuel Losses

July 06, 2010 (LBO) - Sri Lanka's state-owned oil refiner, Ceylon Petroleum Corporation (CPC), continued to suffer losses in the first half of 2010 an official …

Protests at UN office in Sri Lanka over war panel

July 6, 2010 (AFP) - Protesters led by a Sri Lankan cabinet minister surrounded the United Nations office in Colombo on Tuesday to protest at a UN panel set up …