Sliding Up

June 06, 2008 (LBO) – Chevron Lubricants Lanka has raised prices of its products following sharp increases in the prices of crude and base oil, a senior …

Sri Lanka central bank says ‘core inflation’ 9.6-pct in May

June 05, 2008 (LBO) – Sri Lanka's central bank said its 'core inflation' index from which a number of items such as food had been dropped was 9.6 percent …

Oil Block

June 5, 2008 (LBO) – Cairn India Limited, a unit of Cairn Energy plc of the UK, has won an offshore exploration block in Sri Lanka's Mannar basin beating …

Sri Lanka needs better transport, credit access to benefit from trade: study

June 04, 2008 (LBO) – Sri Lanka needs to improve access to markets through better transport infrastructure and access to credit to take advantage of …

Sri Lanka will not try forcible curbing of fuel use: minister

June 3, 2008 (LBO) – Sri Lanka will not try to impose laws on productive sectors of the economy to curb oil use, but is aiming to cut energy use in the …

Sri Lanka flood death toll rises; 250,000 displaced

June 3, 2008 (AFP) - The death toll from a week of torrential rain across Sri Lanka has risen to 17 and more than 253,000 people have been driven from their …

Well Well

SINGAPORE, June 3, 2008 (AFP) - Oil prices eased in Asian trade Tuesday on continuing concerns over global energy demand, dealers said. buy fluoxetine online …

Sri Lanka fuel subsidy fraud bared in newspaper editorial

June 02, 2008 (LBO) – An influential weekly has slammed Sri Lanka's practice of giving subsidies in the guise of helping the common man, and exposed the …

Japan may export rice to Sri Lanka: official

TOKYO, June 2, 2008 (AFP) - Japan is mulling a request from Sri Lanka to export up to 200,000 tonnes of its imported rice supplies to help Colombo ease acute …

Sri Lanka floods kills seven, displace tens of thousands

June 2, 2008 (AFP) - Heavy monsoon rains have killed seven people and driven 73,000 from their homes across Sri Lanka, the island's disaster management centre …

State Fat

June 01, 2008 (LBO) – Sri Lanka needs to market price energy and consumers are now not only paying for the rise in international prices, but also for the …

Sri Lanka should watch external sector developments: economist

June 01, 2008 (LBO) - A strong balance of payments position and a strong currency is giving stability to Sri Lanka's external sector. But it is at odds with …

Sri Lanka needs better peace proposals: minister

May 31, 2008 (LBO) – Sri Lanka needs peace proposals acceptable to the main political parties and the Tamil speaking community to put pressure on the …

Canada-based Sri Lanka Tiger suspect gets student award

OTTAWA, May 30, 2008 (AFP) - A Canadian suspected of using his studies as a cover for terrorist activities was awarded a 5,000 dollar prize for his …

Sri Lanka media groups concerned over ‘visit’ by soldiers

May 31, 2008 (LBO) – Sri Lankan media groups have expressed grave concern over what they said was an 'unofficial' visit to the Sri Lanka Press Institute …

Sri Lanka politicians to meddle in fuel use

May 31, 2008 (LBO) – Sri Lanka's ruling politicians are to come up with plans next week to reduce energy use, with the petroleum bill being identified as …

Latest Sri Lanka journalist killing outrageous: rights body

May 30, 2008 (LBO) – An international media rights body said it was outraged by the hacking to death of a Sri Lankan television journalist in the …

Sri Lanka warns Western sanctions could worsen internal conflict

WASHINGTON (AFP) - Sri Lanka called on Western powers Thursday to be wary of imposing sanctions for its alleged human rights violations, warning that the …

Burst Bubble?

May 30, 2008 (LBO) - World oil prices held steady in Asian trade on Friday after sharp falls on concerns over falling demand in the United States and other …

Sri Lanka seeks food crisis loan: World Bank

The World Bank is considering giving Sri Lanka a crisis loan to tackle galloping food prices, the global financial institution's vice president said on Friday. …