Oil Sales

May 20, 2010 (LBO) - Lanka IOC, the Sri Lanka unit of Indian Oil Corporation said it lost 422 million rupees in the year to March 2010 down from 1,237 million …

Inmates on hunger strike in Japan immigration centre

TOKYO, May 20, 2010 (AFP) - Scores of foreigners in a Japanese immigration detention centre have been on hunger strike for more than a week, demanding to be …

Sri Lanka holds policy rate steady

May 20, 2010 (LBO) - Sri Lanka's central bank said it was holding policy rates steady at 9.buy fildena online buy fildena online no prescription 75 percent …

Sri Lanka failed to build on war victory: former general

May 20, 2010 (AFP) - The detained Sri Lankan general who led soldiers to victory over Tamil Tiger rebels one year ago accused the government Thursday of …

Rains delay Sri Lanka victory parade, 200,000 displaced

May 17, 2010 (AFP) - Heavy rains forced the indefinite postponement of Sri Lanka's military parade marking the first anniversary of its defeat of Tamil rebels, …

Sri Lanka state revenues up in February: data

May 17, 2010 (LBO) - Sri Lanka's state revenues picked up sharply in February 2010 to 108. online pharmacy buy diflucan with best prices today in the USA 6 …

Sri Lanka slammed over civilian deaths, one year after war end

May 17, 2010 (AFP) - The Sri Lankan government killed thousands of its civilians by shelling "no-fire zones" in the last months of the country's decades-long …

Fiery World

NEW ORLEANS, May 16, 2010 (AFP) - US officials have told BP to clarify what costs it will pay for cleanup of the massive Gulf of Mexico oil spill, with crews …

Sri Lanka appoints heads to state entities

May 14, 2010 (LBO) - The chairman of Sri Lanka's largest bank, state-run Bank of Ceylon Gamini Wickramasinghe has been re-appointed amid a series of changes …

Offshore Opportunity

May 14, 2010 (LBO) - Sri Lanka's Hemas group and Colombo Dockyard have teamed up with Singapore's Toll Offshore Petroleum Services to bid for Cairn India's …

We’re to blame, says Sangakkara after Sri Lanka T20 exit

GROS ISLET, May 13, 2010 (AFP) - Sri Lanka captain Kumar Sangakkara said the team had no-one else to blame but themselves after a seven-wicket World Twenty20 …

Sri Lanka to re-assess foreign investment strategy

May 13, 2010 (LBO) - Sri Lanka's investment promotion agency will re-assess its strategy following the end of a long drawn out separatist war with plans for a …

India pushing free trade deal with Sri Lanka: report

May 13, 2010 (LBO) - India's is keen to push head with a trade and services liberalization deal with Sri Lanka which was scuttled by protectionist forces in …

Sri Lanka sees US$500mn coming in to leisure

May 12, 2010 (LBO) - Sri Lanka's state investment promotion agency is processing almost 500 million dollars of new deals mainly into leisure and is planning …

Sri Lanka’s ex-army chief in court on new charge

May 12, 2010 (AFP) - Sri Lanka's ex-army chief and defeated presidential candidate Sarath Fonseka was for the first time hauled before a civilian court …

Europe’s big spenders on the backfoot after trillion dollar rescue

BRUSSELS, May 10, 2010 (AFP) - Europe and the IMF gave a major boost to world markets Monday with a trillion-dollar war chest to ease fears of a new recession, …

Sri Lanka exports up on commodity boom; imports recover

May 10, 2010 (LBO) - Sri Lanka's exports grew 20 percent 629 million US dollars in February 2010 on the back of booming agricultural commodities while apparel, …

Sri Lanka pension fund earns real returns

May 10, 2010 (LBO) - Sri Lanka's main pension fund of private citizens earned a large real return as the Central Bank brought inflation down in 2009, though …

State sector austerity drives are old news for EU’s Baltic states

RIGA, May 9, 2010 (AFP) - Seen from the eastern rim of the European Union, the looming austerity drive in crisis-afflicted Greece reads like old news. buy …

Sri Lanka will use presidential powers to fix economy: minister

May 09, 2010 (LBO) – Sri Lanka's president Mahinda Rajapaksa who crushed a 30-year separatist war in the island and won landslide election last month …