Sri Lanka to fast-track investment approvals

June 24, 2010 (LBO) – The Sri Lankan government has decided to set up a committee of senior bureaucrats from key ministries to fast-track decisions on …

Sri Lanka GDP grew 7.1-pct in Q1, 2011

June 24, 2010 (LBO) – Sri Lanka’s economy expanded 7.1 percent in the first quarter of the year compared with the same period a year ago helped by …

Sri Lanka to block visits by UN panel probing war allegations

June 24, 2010 (AFP) - Sri Lanka will ban visits by the three-member United Nations panel investigating alleged human rights abuses in the final months of the …

Sri Lanka slams UN over war crimes probe

June 23, 2010 (AFP) - Sri Lanka accused the UN on Wednesday of a "hidden agenda" behind its plans to investigate alleged human rights abuses by soldiers in the …

Sri Lanka war crimes probe set up by UN

UNITED NATIONS, June 22, 2010 (AFP) - UN chief Ban Ki-moon Tuesday set up a panel to investigate allegations of human rights abuses in the final months of the …

Sri Lanka state non-tax revenues up in first quarter

June 21, 2010 (LBO) - Sri Lanka has seen steep increase in non-tax incomes in the first quarter of 2010 which accounted for more than half the revenue gains …

Sri Lanka furious as UN’s Ban names war crimes panel

June 21, 2010 (AFP) - Sri Lanka is "deeply unhappy" at a move by UN chief Ban Ki-moon to name a panel to look into alleged war crimes committed during the …

Sri Lanka senior Tamil Tiger to ‘assist’ govt: report

June 20, 2010 (AFP) - A senior leader of Sri Lanka's defeated Tamil Tiger rebels has agreed to help the government in its post-war reconstruction efforts, a …

Japan backs UN war crimes probe into Sri Lanka war

June 20, 2010 (AFP) - A visiting Japanese envoy said Sunday his country backed efforts by the United Nations to investigate alleged war crimes committed in Sri …

UN ignores Sri Lanka’s protest over war crimes panel

June 17, 2010 (AFP) - The United Nations will set up a panel to probe war crimes in Sri Lanka despite repeated protests from the island's hawkish government, a …

Sri Lanka marks Tiger defeat amid probe pressure

June 18, 2010 (AFP) - Sri Lanka staged a delayed victory parade Friday to mark the first anniversary of the end of its 37-year civil war as pressure mounted …

Sri Lanka tuition ban will hurt poorer students: lawmaker

June 18, 2010 (LBO) - A state decision to 'ban' tuition classes in Sri Lanka on Sundays will hurt poor families most as richer people will still be able to …

Sri Lanka needs high gear government to drive economic engine: official

June 18, 2010 (LBO) - Sri Lankan private sector is the engine of growth and the government should embrace the Japanese example and formulate policies that …

Gas Bid

June 17, 2010 (LBO) - The Sri Lankan government wants to buy back the stake in the Shell Gas unit in the island that had been sold to the multinational in a …

Sri Lanka Central Bank governor in second term

June 17, 2010 (LBO) – Sri Lanka's Central Bank governor Nivard Cabraal has been re-appointed for another six-year term, an official said. He has also …

Sri Lanka gets EU aid for war-torn areas

June 17, 2010 (LBO) - The European Union has allocated 60 million euro (8.4 billion rupees) as aid to Sri Lanka mostly for the island's north and east which …

Japan seeks transparency in Sri Lanka after war

June 16, 2010 (AFP) - A visiting Japanese envoy said Wednesday that Sri Lanka must ensure an open and fair process to address grievances of minority Tamils …

Disaster Drill

June 16, 2010 (LBO) – Oil exploration disasters are likely to continue in future as energy continues to dig deeper in the Ocean for petroleum products an …

Sri Lanka holds policy rates steady in June

June 16, 2010 (LBO) - Sri Lanka is holding its main policy rate at which money is injected to the economy steady at 9.75 percent with inflation falling and …

Sri Lanka next forex liberalization wave after budget

June 15, 2010 (LBO) - Sri Lanka will see the next wave of foreign exchange liberalization after the budget, which is due at the end of June, Central Bank …