Sri Lanka govt rules out more protection, subsidies for business

Apr 02, 2010 (LBO) - The Sri Lankan government cannot give more protection and subsidies for local and export businesses who must instead be more productive …

Sri Lanka president visits Tamil heartland

JAFFNA, April 1, 2010 (AFP) - Sri Lanka's President Mahinda Rajapakse reached out on Thursday to the country's ethnic minority Tamils as he made his first …

Sri Lanka inflation slows to 6.3-pct in March

Mar 31, 2010 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 6.3 percent in March 2010 from a year earlier, down from 6.9 percent in February with …

Sri Lanka rating agency takes ex-central banker on board

Mar 31, 2010 (LBO) - Sri Lanka' RAM Ratings said it had appointed Priyanthi Liyanage, a former central banker to its board as an independent director. online …

Sri Lanka Combank shareholder meet canned over quorum

Mar 30, 2010 (LBO) - Sri Lanka's listed Commercial Bank's an annual general meeting of shareholders had not been held Tuesday due to the lack of a quorum, the …

Sri Lanka’s ex-army chief could die in custody: wife

March 29, 2010 (AFP) - The wife of Sri Lanka's detained ex-army chief Monday accused authorities of preventing her husband from receiving vital medical …

Sri Lankans among failed Australia asylum seekers moved for security

SYDNEY, March 28, 2010 (AFP) - Australia said Sunday it had transferred 89 asylum seekers from a remote processing island to the mainland for security reasons …

Sri Lanka and Vietnam can build stronger economic links: envoy

HANOI, Mar 27, 2010 (LBO) - Sri Lankan businesses have opportunities to get into the service sector in fast growing Vietnam while benefiting from Vietnamese …

Sri Lanka economy grew 3.5-pct in 2009: statistics office

Mar 27, 2010 (LBO) - Sri Lanka's economy grew 3.5 percent in 2009 pushed by growth in all three major sectors of economic activity, agriculture, industry and …

Sri Lanka gets foreign loans for tourism, roads

Mar 26, 2010 (LBO) - The World Bank has approved a loan of 18 million US dollars to Sri Lanka to develop sustainable tourism, international trade minister …

Sri Lanka blocks US rapper Akon: official

March 23, 2010 (AFP) - Sri Lanka Tuesday said it had refused US rap star Akon entry to the island following protests that a music video he produced was …

Sri Lanka businesses told: be prepared, watch warning signs

Mar 24, 2010 (LBO) - Sri Lankan businesses should be prepared for economic downturns and watch for warning signs from other economies to avoid being hurt …

Sri Lanka loosened monetary policy without damage: IMF

HANOI, Mar 23, 2010 (LBO) - Sri Lanka was among the countries that ran counter-cyclical monetary policy in 2009 without damaging fallouts but low income Asian …

Sri Lanka invites investors for township development

Mar 23, 2010 (LBO) - Development of townships around Sri Lanka's capital Colombo offers investors a range of investment opportunities to build infrastructure …

Sri Lanka’s main opposition touts new policies

Mar 23, 2010 (LBO) – Sri Lanka's right wing United National Party (UNP) promises socialist style intervention to fix economic problems by clamping down …

Sri Lanka private TV station stoned ahead of vote: police

March 22, 2010 (AFP) - Dozens of unidentified men pelted stones at the headquarters of a private television station in Sri Lanka's capital Monday, causing …

IMF Vietnam forum debates post-crisis way forward for developing Asia

HANOI, Mar 22, 2010 (LBO) - Government officials, international financial institutions and policy researchers are discussing developing Asia's response to the …

Vietnam lauds role of policy advice, international support, in recovery

Hanoi, Mar 22, 2010 (LBO) - International support and policy advice on macro-economic management has helped Vietnam recover from a slowdown in 2009 and the …

Sri Lanka expects more support from multilateral lenders: Treasury chief

HANOI, Mar 22, 2010 (LBO) - Sri Lanka is looking for more flexibility and backing from multilateral lenders as the country emerges from a war and a global …

Sri Lanka policy rates frozen amid rising inflation, excess liquidity

Mar 18, 2010 (LBO) - Sri Lanka held policy rates frozen in March as inflation accelerated, central bank financing of the budget deficit increased to new highs …