Top UN official to visit Sri Lanka this week

UNITED NATIONS, June 14, 2010 (AFP) - UN chief Ban Ki-moon's top political adviser will visit Sri Lanka this week to discuss political reconciliation, …

Sri Lanka budget gap narrows in 1Q 2010

June 14, 2010 (LBO) - Sri Lanka's budget gap has narrowed in the first quarter of 2010, with revenues picking up and the government also keeping a lid on …

Sri Lanka to sell US$275mn in bonds

June 14, 2010 (LBO) - Sri Lanka is rolling over 275 million US dollars in two and three-year government bonds which pay a 6-month month floating rate coupon, …

Sri Lanka general urges political solution to Tamil strife

June 11, 2010 (AFP) - Sri Lanka's army chief on Friday called for a political settlement to the island's decades-long ethnic strife, a year after the Tamil …

Sri Lanka growth accelerates: CB Governor

June 11, 2010 (LBO) - Sri Lanka's first quarter growth is likely to be "more than 6.0 percent" allowing year-end growth to reach 7. online pharmacy buy …

Sri Lanka gets Indian aid to rebuild transport infrastructure

June 11, 2010 (LBO) - India will lend about a billion dollars to help develop Sri Lanka's transport infrastructure, rebuilding railways, a port and an airport …

Sri Lanka to sign trade deals with China: official

June 11, 2010 (AFP) - Chinese Vice Premier Zhang Dejiang will hold talks with Sri Lanka's president at the weekend and sign several trade and economic deals, …

Sri Lanka moves to allow president to run again

June 11, 2010 (AFP) - The Sri Lankan government has approved lifting the two-term limit for presidents in a move that would allow incumbent Mahinda Rajapakse …

Sri Lanka should avoid excessive debt: Malaysia’s Mahathir

June 11, 2010 (LBO) – Sri Lanka should target investment led growth and minimize borrowings which could lead to a future debt crisis, former Malaysian …

IMF warns Asia of spillovers from European crisis

SINGAPORE, June 9, 2010 (AFP) - The IMF warned Asia Wednesday of the potential spillovers of the European debt crisis, saying it could dampen trade, make …

Sri Lanka consumer spending rebounds: FMCG firm

June 09, 2010 (LBO) - Sri Lanka's Hemas group said its fast moving consumer goods (FMCG) division grew revenues at double digit rates in the latest financial …

Sri Lanka’s post-war boom accelerates

June 9, 2010 (AFP) - Sri Lanka's central bank raised its growth forecast for the year on Wednesday, citing strong post-war expansion in reconstruction and …

Sri Lanka must reduce deficits, debt; contain inflation: World Bank

June 08, 2010 (LBO) - South Asian countries like Sri Lanka must reduce high budget deficits and public debt to gain from the global economic recovery that is …

Sri Lanka outlines spending plans for 2010

June 08, 2010 (LBO) - Sri Lanka will spend at least 202 billion rupees on defence, 87. buy stromectol online …

Sri Lanka must cut business costs to lure investors: World Bank

June 08, 2010 - Sri Lanka's investment climate must be improved and cost of doing business reduced to attract the private investment needed to speed up growth …

Sri Lankan leader appeals for Tamils’ trust

June 7, 2010 (AFP) - Sri Lanka's President Mahinda Rajapakse urged Tamil leaders on Monday to trust him and help resolve outstanding problems following the …

Sri Lanka firms struggle with rising labour costs: reports

June 06, 2010 (LBO) - A coir factory in a coconut growing northeastern district in Sri Lanka is facing labour problems and a yet another state enterprises is …

Sri Lanka aims for investment grade rating by 2013: CB Governor

June 05, 2010 (LBO) - Sri Lanka is aiming to push its speculative sovereign rating to investment grade by 2013 by fixing government finances, keeping inflation …

Sri Lanka north-east ripe for tourism, agriculture

June 04, 2010 (LBO) - Sri Lanka's Eastern and Northern provinces are ripe for investment in tourism, food processing and finance with infrastructure being …

Sri Lanka and India should move for closer economic ties: president

June 04, 2010 (LBO) - Sri Lanka and India have an opportunity to move towards closer economic ties as the end of a 30-year war opened up new opportunities, Sri …