Sri Lanka struggling to reach inflation target: economist

Sept 16, 2007 (LBO) - A World Bank economist said Sri Lanka should trim the budget deficit if it wanted to achieve eight percent economic growth and monetary …

Sri Lanka turns CID loose on reporter; rights body outraged

Sept 15, 2007 (LBO) – An international media rights body expressed outrage after police asked a journalist to reveal his sources over a story about a car …

Roadside bomb kills two Sri Lankan soldiers

Sept 15, 2007 (AFP) - A roadside bomb set off by suspected Tamil Tiger rebels killed at least two government soldiers and wounded seven others in northern Sri …

Fresh violence kills 26 in Sri Lanka

Sept 15, 2007 (AFP) - At least 26 people, including two security personnel, were killed in a fresh wave of violence in Sri Lanka's embattled north, the defence …

Sri Lanka property firm says real estate is a sound buy

Sept 15, 2007 (LBO) – A top Sri Lankan property developer says real estate is a sound investment because house prices do not fall, and construction costs …

Sri Lanka cuts growth forecast for 2007: report

Sept 15, 2007 (LBO) – Sri Lanka's central bank has cut the economic growth forecast for 2007 to 7.0 percent from an earlier 7.5 percent, a report said …

Sri Lanka says Tiger flotilla suffers severe losses

Sept 13, 2007 (AFP) - Sri Lanka's military Thursday said it caused "severe losses" in a combined sea and air attack against suspected Tamil Tiger boats off the …

Sri Lanka moves to avoid criticism over rights abuses

Sept 14, 2007 (AFP) - Sri Lanka said Friday it was ready to accept foreign scrutiny of its human rights record in a bid to head off formal United Nations …

Sri Lanka statistician propounds new theory; takes on central bankers

Sept 14, 2007 (LBO) – Sri Lanka's top statisticians put forward a new theory on exchange rates and took on the central bank governor and Fed chairman Ben …

More Lube

Sept 14, 2007 (LBO) – The Sri Lanka has given approval for three more companies to sell lubricants in the island, raising to nine the number of companies …

Sri Lankan police want pet dogs to fight terror

Sept 13, 2007 (AFP) - Sri Lankan police on Thursday launched an appeal for the public to donate their pet dogs to help the fight terrorism and crime on the …

Sri Lanka economy slows to 6.2% in 1H2007

Sept 13, 2007 (LBO) – Sri Lanka's economy expanded 6.4 percent in the second quarter clocking up a 6.2 percent growth for the first half, coming off …

Price War

Sept 13, 2007 (LBO) – The bunker fuels subsidiary of John Keells Holdings, a top money-spinner of the group, looks set to face heightened competition …

Peak Price

SINGAPORE, Sept 13, 2007 (AFP) - Crude oil prices weakened in Asian trade Thursday on profit-taking after scaling new peaks on concerns over tight US supplies …

Gas Market

Sept 13, 2007 (LBO) – Lanka Auto Gas and Fuel Systems (LAUGFS) plans to set up a gas storage terminal in southern Galle at a cost of 12 million dollars, …

Sri Lanka issues tsunami alert; no warning

Sept 13, 2007 (LBO) – Sri Lanka has issued a tsunami alert following an aftershock of a magnitude of 7.8 on the Richter scale in Indonesia at 05.19 am …

Sri Lanka calls for Red Cross escorts for food ships to Jaffna

Sept 13, 2007 (LBO) – Sri Lanka's Secretariat for Coordinating the Peace Process has urged the international Red Cross to resume escorting vessels taking …

Sri Lanka gets USAF help to mop up rotten teeth in newly captured areas

Sept 13, 2007 (LBO) – A team of U.S. Air Force medics has helped treat patients in territory recently captured from Tamil Tigers in Sri Lanka's east, the …

Sri Lanka jets bomb Tiger territory

Sept 13, 2007 (AFP) - Sri Lanka's military said Thursday it had bombed the rebel-held north of the island and caused "heavy damage" to Tamil Tiger targets, but …

Norway confident stalled Sri Lanka talks will start again

OSLO, Sept 11, 2007 (AFP) - The main mediator in Sri Lanka's peace process, Norwegian Erik Solheim, expressed confidence Tuesday that stalled talks between the …