Sri Lanka gets Chinese funds to build international airport
Dec 25, 2009 (LBO) - Sri Lanka has signed up 410 million US dollars of funding from China including money to build an international airport in the south of the …
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Sri Lanka opposition state salary hike promise a big burden on people: minister
Dec 24, 2009 (LBO) - A steep state worker salary hike promised by opposition presidential candidate Sarath Fonseka would require 132 billion rupees to be …
Sri Lanka in talks with ADB on emergency loan
Dec 23, 2009 (LBO) - Sri Lanka is seeking a 150 million dollar emergency assistance loan from the Asian Development Bank that could help start urgent projects, …
Sri Lanka gains service sector jobs in 3Q: official survey
Dec 21, 2009 (LBO) - Sri Lanka has generated 234,000 service sector jobs in the third quarter of 2009 from a year earlier, though 89,000 jobs were lost in …
Sri Lanka to get $350mn ADB aid next year
Dec 21, 2009 (LBO) - Sri Lanka is to get about 350 million US dollars of aid from the Asian Development Bank next year, much of it going for the north and east …
Sri Lanka firms should look overseas for expansion: corporate leader
Dec 21, 2009 (LBO) - Sri Lankan businesses are compelled to look overseas to expand sales as the domestic market is too small, a senior corporate executive …
Sri Lanka’s war heroes battle for a clean image
December 20, 2009 (AFP) - A presidential election in Sri Lanka next month will see two former allies from the country's bitter civil war slugging it out, but …
Asylum seekers leave Indonesia: official
JAKARTA, December 20, 2009 (AFP) - Fifteen of the Sri Lankan asylum seekers who spent weeks refusing to get off the boat that rescued them near Indonesia have …
Sri Lanka to change price index basket next year
Dec 19, 2009 (LBO) - Sri Lanka will change the basket of goods in its most widely watched price index from next year and re-base it to reflect consumption …
Sri Lanka war refugee re-settlement gets World Bank aid
Dec 18, 2009 (LBO) - Sri Lanka's war refugee re-settlement efforts will get World Bank fund to re-build infrastructure and economic activities, in the north …
Sri Lanka economy expands 4.2-pct in 3Q: statistics office
Dec 18, 2009 (LBO) – Sri Lanka's economic growth slowed to 4.2 percent in the third quarter of 2009 from 6.3 percent a year earlier, but was up from 2.1 …
Sri Lanka call to end tax exemptions for public servants
Dec 18, 2009 (LBO) - The head of Sri Lanka's top business chamber has called for an end to tax exemptions given to public servants, saying it was unfair by …
Sri Lanka presidential rivals hand in nominations
December 17, 2009 (AFP) - Sri Lankan President Mahinda Rajapakse and his main rival in elections next month, former army general Sarath Fonseka, handed in …
Sri Lanka subsidy ideology is a myth: business leader
Dec 17, 2009 (LBO) - Sri Lankan people are being fooled by state subsidies when high inflation triggered by big budget deficits erodes their income, the head …
EU gives six million euros to help Sri Lanka refugees
BRUSSELS, December 16, 2009 (AFP) - The European Commission on Wednesday granted more aid for tens of thousands of people who fled fighting between Sri Lankan …
Sri Lanka forum to help politicians help people
Dec 15, 2009 (LBO) – A public seminar is to be held to educate politicians and their economic advisors on how best to meet the needs of people, ahead of …
Fuel Market
Dec 15, 2009 (LBO) - A planned ship fuel business off a new port being built in southern Sri Lanka, will target small vessels sailing past the island and lure …
Sri Lanka Galle literary festival 2010 to showcase crime, pulp literature
Dec 15, 2009 (LBO) – Famous, if fictional detective John Rebus, finely illustrated graphic novels and sensational pulp fiction are billed to make Sri …
Sri Lanka post-war recovery hit by graft, violence: watchdog
December 15, 2009 (AFP) - Sri Lanka's recovery from its decades-long civil war has been marred by graft, violence and a culture of lawlessness, a global …
Sri Lanka women key beneficiaries of rural road project: ADB
Dec 15, 2009 (LBO) - The Asian Development Bank said it has approved a project to build roads linking isolated rural villages in Sri Lanka that will employ …