Sri Lanka gets US$85mn from ADB for water supply

March 19, 2009 (LBO) – Sri Lanka will get 85 million US dollars in loans and grants from the Asian Development Bank for water supply and sanitation in …

UN urged to act over jailed Sri Lankan reporters

March 18, 2009 (AFP) - A media rights group on Wednesday urged the United Nations to intervene on behalf of two Sri Lankan journalists being held on charges …

Sri Lanka must link leading region to rest of country: World Bank

March 17, 2009 (LBO) - Sri Lanka needs to urgently integrate the western province, which accounts for half of gross domestic product, with the rest of the …

Sri Lanka economy slows to 6.0-pct in 2008, 4Q 4.3-pct

Mar 16, 2009 (LBO) - Sri Lanka's economic growth slowed to 6. online pharmacy buy ciprodex with best prices today in the USA buy elavil online …

Sri Lanka cuts policy rate, lifts import curbs

Mar 18, 2009 (LBO) – Sri Lanka has cut its de facto main signal policy rate that sets the ceiling on Interbank borrowing rates by 175 basis points to …

New economics column on LBO, by top economist

March 13, 2009 (LBO) - Today Lanka Business Online is starting a new column by one of Sri Lanka's most senior and well-known economists, who has practiced, …

Sri Lanka soft-peg drains reserves: ADB study

Mar 11, 2009 (LBO) - Sri Lanka's foreign reserves have been hit due to poor foreign exchange reserve management coming from operating a soft-peg with the US …

Sri Lanka EPF pension fund may allow early withdrawal

Mar 09, 2009 (LBO) – Sri Lanka's Employee's Provident Fund (EPF) which forcibly takes a part of the salary of a private sector worker for 'management' by …

Media rights group presses Sri Lanka

WASHINGTON, March 7, 2009 (AFP) - A rights group on Friday urged Sri Lanka to thoroughly investigate recent attacks against the media, saying it was …

Sri Lankan conflict due to ‘repressive’ govts: Canada

OTTAWA, March 5, 2009 (AFP) - The 37-year conflict raging in Sri Lanka was borne out of "repressive" governments in Colombo, Canadian Minister of State for …

Sri Lanka rupee unchanged after IMF bailout announcement

Mar 06, 2009 (LBO) - The Sri Lanka rupee traded at 114.20/25 against the US dollar in the spot market after the central bank said it had gone for an …

Sri Lanka says foreign investment US889mn in 2008

Mar 05, 2009 (LBO) – Sri Lanka had received 889,9 million US dollars of foreign direct investments in 2008 which includes a 136.72 million US dollar …

Sri Lanka Overseas Realty apartment sales slow

March 05, 2009 (LBO) – Overseas Realty (Ceylon) Ltd. (ORCL) said it is finding it difficult to sell apartments in a new high-rise condominium complex …

Sri Lanka is at medium risk from global fall out: IMF

Mar 04, 2009 (LBO) – Sri Lanka is among low income countries (LICs) at "medium" risk from global economic turmoil, and some nations were at "high" risk …

Sri Lanka negotiating US$1900mn facility from IMF: Central Bank

March 04, 2009 (LBO) – Sri Lanka has asked for a 1,900 million US dollar balance of payments support facility from the International Monetary Fund (IMF), …

Sri Lanka comes under IMF microscope

Mar 03, 2009 (LBO) – The International Monetary Fund has sent a mission to Sri Lanka to look at the country's "near-term outlook", the global monetary …

Sri Lanka at risk of economic damage from AIDS: World Bank

March 01, 2009 (LBO) - A new World Bank report says Sri Lanka must improve HIV/AIDS prevention programmes to prevent the disease causing economic damage. …

Sri Lanka says Fitch rating outlook cut ‘unwarranted’

Feb 28, 2009 (LBO) – The cut in the outlook of Sri Lanka's 'B+' sovereign rating to 'negative' by Fitch Ratings is 'unwarranted' and 'pessimistic' the …

Sri Lanka outlook lowered to negative by Fitch, B+ rating affirmed

Feb 27, 2009 (LBO) - Fitch Ratings has lowered Sri Lanka's long-term foreign currency sovereign credit outlook to negative from stable while confirming its …

Sri Lanka February inflation falls to 7.6-pct

Feb 27, 2009 (LBO) - Sri Lanka's inflation in the 12 months to February 2009 measured by the revised Colombo Consumer Price Index (CCPI) fell to 7. online …