Sri Lankan capital on alert after bomb kills seven civillians

May 29, 2007 (AFP) - Security forces and police stepped up security in the Sri Lankan capital on Tuesday after suspected Tamil Tiger rebels set off a roadside …

Sri Lanka aid donors get security guarantees for workers

May 29, 2007 (AFP) - Key Sri Lankan aid donors Tuesday announced the government had offered security guarantees for their workers who have been accused by …

Sri Lanka money printing debate takes new turn as controversy erupts over inflation graph

May 28, 2007 (LBO) – A controversy has erupted over a graph published in Lanka Business Online, which shows a co-relation between inflation and central …

Sri Lanka export industry threatened by tax refund delays

May 28, 2007 (LBO) – Delays in making value added tax (VAT) refunds are forcing Sri Lankan exporters to borrow at high cost and threatening export …

Power Foothold

May 28, 2007 (LBO) – The Malaysian firm Tanjong, controlled by billionaire Ananda Krishnan, has taken a foothold in Sri Lanka's power sector by acquiring …

Roadside bomb kills seven near Sri Lanka military base

May 28, 2007 (AFP) - Suspected Tamil Tiger rebels set off a roadside blast near an air force base just outside Sri Lanka's capital Monday, killing at least …

Sri Lanka conflict to continue in the months ahead: analysts

May 27, 2007 (AFP) - A new wave of air and naval combat is likely in Sri Lanka as government troops and Tamil Tiger rebels step up battles that have killed …

Fresh Sri Lanka violence kills nine

May 27, 2007 (AFP) - Suspected Tamil Tiger rebels set off a road side bomb in eastern Sri Lanka Sunday, killing three civilians as six more people were killed …

Japan under pressure over Sri Lanka aid

TOKYO, May 26, 2007 (AFP) - An international human rights group is lobbying Sri Lanka's top donor Japan to exert greater pressure on the island nation to …

Sri Lanka gets World Bank cash to help Tamil Tiger ‘ethnic cleansing’ victims

May 25, 2007 (LBO) – The World Bank Friday agreed to give Sri Lanka a soft loan of 32 million dollars to help tens of thousands Muslim victims of Tamil …

Slipping In

May 25, 2007 (LBO) – The Sri Lanka unit of the Indian Oil Corporation is planning to boost its 13 percent share in the island's lube business after …

Sri Lanka Telecom sale gets cabinet ok; next step management deal

May 25, 2007 (LBO) - Prospective Malaysian shareholders of Sri Lanka Telecom are seeking wide-ranging management control to purchase a 25 percent stake …

Sri Lanka navy held Delft islet in Jaffna attacked by Tamil Tigers

May 24, 2007 (AFP) - Heavy clashes erupted Thursday between government troops and Tamil Tiger rebels on a remote islet off Sri Lanka's northern Jaffna …

Oil Numbers

May 24, 2007 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation has posted higher profits in the March quarter helped by a provision write-back and …

Tamil Tigers strike Sri Lanka capital, naval base

May 24, 2007 (AFP) - Tamil Tiger rebels blew up an army bus in Sri Lanka's capital Thursday, killing at least one soldier, just hours after the guerrillas said …

Sri Lanka backtracks on opposition to French FM

May 24, 2007 (AFP) - Sri Lanka distanced itself Thursday from opposition to Bernard Kouchner, who was named by the European Union to monitor human rights on …

Sri Lankan women still earn less than men

May 24, 2007 (LBO) – Women with qualifications and experience similar to males get paid an average 18 percent less, according to research, but the …

Sri Lanka’s tsunami affected areas get schools from United States

May 23, 2007 (LBO) – The United States has subcontracted a Sri Lankan firm to construct five schools in the south of the island a week after it awarded a …

Sri Lanka warplanes bomb Tamil Tiger targets

May 22, 2007 (AFP) - Sri Lankan fighter jets bombed a suspected Tamil Tiger training facility inside rebel-held territory on Tuesday, the defence ministry …

Sri Lanka central bank expects to meet June reserve money target ‘comfortably’

May 22, 2007 (LBO) – Sri Lanka will reach the June reserve money target 'comfortably' with interest rates at current levels, the Central Bank said in its …