Sri Lanka’s former army chief ‘to face three charges’

March 11, 2010 (AFP) - Former Sri Lankan army chief and defeated presidential candidate Sarath Fonseka will face three charges in a military court, including …

Sri Lankans, other minorities growing in Canada

OTTAWA, March 9, 2010 (AFP) - Canada's ethnic makeup will greatly change in the next 20 years as the number of non-Europeans or "visible minorities" rises to …

Sri Lanka tax system, state consumption hurting private investment: analysts

Mar 10, 2010 (LBO) – Sri Lanka's high income taxes is making local firms weaker against others in developing countries, while a government living beyond …

Sri Lanka signs up US$290mn in railway, airport loans from China

Mar 10, 2010 (LBO) - Sri Lanka has signed up 290 million US dollars in financing from China's Exim Bank to build an airport in the south of the island and …

India worked against Sri Lankan president: minister

March 8, 2010 (AFP) - India's external intelligence agency tried to undermine Sri Lanka's President Mahinda Rajapakse at polls in January and wanted him …

India pushes Sri Lanka for Tamil reconciliation

March 8, 2010 (AFP) - Indian foreign secretary Nirupama Rao urged Sri Lanka's leaders to open a new era of stability after the island's civil war by bringing …

S.Lanka approves emergency ahead of election

March 9, 2010 (AFP) - Sri Lanka's outgoing parliament Tuesday approved the extension of a state of emergency until after next month's legislative elections, …

Sri Lanka CB brought inflation down, but concerns rising: opposition

Mar 09, 2010 (LBO) - Sri Lanka central bank has brought inflation down in 2009 with tight monetary policy but excessive government spending is threatening …

Sri Lanka can build more infrastructure with project specific bonds: rating expert

Feb 09, 2010 (LBO) – Sri Lanka should follow Malaysia's example in selling project specific bonds for infrastructure, which will give confidence that …

Sri Lanka relaxes some forex controls

Mar 08, 2010 (LBO) - Sri Lanka has relaxed several exchange controls relating to opening bank accounts abroad, forward forex cover and imports margin deposits …

Sri Lanka’s detained opposition leader threatens hunger strike

March 7, 2010 (AFP) - Sri Lanka's former army chief and defeated presidential candidate Sarath Fonseka has threatened to go on a hunger strike to protest …

India envoy to visit Sri Lanka for talks on ‘reconciliation’

March 6, 2010 (AFP) - India's foreign secretary Nirupama Rao will hold talks with Sri Lanka's president on resolving the grievances of the island's Tamil …

Sri Lanka says UN war crimes panel ‘unwarranted’

March 6, 2010 (AFP) - Sri Lanka's president Saturday rejected a proposed panel by UN Secretary-General Ban Ki-Moon to look into alleged war crimes during the …

Sri Lanka to protect Colombo from floods with Chinese finance

Mar 05, 2010 (LBO) - Sri Lanka will build a flood protection system for parts of the capital Colombo with Chinese funding, a government minister said. buy …

Sri Lanka guarantees Rs50bn in new credit to state entities in 2009

Mar 04, 2010 (LBO) - Sri Lanka has guaranteed 52 billion rupees in credit to state entities in 2009 from state-run banks with loss making energy utilities and …

Sri Lanka state to pay extra to local contractors

Feb 04, 2010 (LBO) - Sri Lanka's government will allow local contractors to bid 15 percent higher than foreign ones in state projects paid for with money …

China leads Sri Lanka foreign lenders in 2009: fiscal report

Mar 03, 2010 (LBO) - China became the top donor to commit aid to Sri Lanka in 2009 lining up more than half the total with 1. online pharmacy buy spiriva …

Sri Lanka overall budget deficit nears 10.3-pct of GDP in 2009

Mar 02, 2010 (LBO) - Sri Lanka's budget deficit for 2009 has exceeded 10.2 percent of gross domestic product (GDP), with a planned 7.0 percent deficit derailed …

Sri Lanka plans 8-pct budget deficit for 2010: fiscal report

Mar 02, 2010 (LBO) - Sri Lanka is planning a budget with a deficit of about eight percent of gross domestic product for 2010, a finance ministry report said, …

S.Lanka police question army officers over editor’s murder

March 2, 2010 (AFP) - Sri Lankan police are to question dozens of military intelligence officers in connection with the internationally condemned assassination …