Sri Lanka 3Q06 GDP 7.5%, says Central Bank while cutting full-year growth to 7%
December 29, 2006 (LBO) – Sri Lanka's economy grew 7.5 percent in the third quarter ended Sept. 30, the central bank said Friday, while lowering …
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Central Bank of Sri Lanka says more monetary tightening needed as inflation rages
December 29 (LBO) – Sri Lanka's central bank said further monetary tightening was needed to contain inflation as consumer prices in December went up by …
Pipeline Plans
December 29 (LBO) – Sri Lanka has signed a deal Friday with India’s National Thermal Power Corporation to build a 500 million dollar coal power …
UN slams Sri Lanka’s warring parties on tsunami anniversary
Dec 26, 2006 (AFP) - The United Nations slammed Sri Lanka's warring parties for stalling tsunami reconstruction efforts Tuesday as the island marked the second …
Japan gives loudhailers to mark Sri Lanka tsunami anniversary
Dec 26, 2006 (AFP) - Japan Tuesday gifted loudhailers and life jackets to Sri Lanka's police to mark the second anniversary of the tsunami which killed 31,000 …
Crew seeks return home as Jordanian ship runs aground
Dec 24, 2006 (AFP) - The Iraqi skipper of a cargo vessel that ran aground near Tamil Tiger-held territory in Sri Lanka asked Red Cross officials on Sunday to …
Tamil Tigers ‘rescue’ crew from Jordanian ship, govt alleges piracy
Dec 23, 2006 (AFP) - Tamil Tiger rebels said Saturday they had rescued 25 sailors from a crippled Jordanian ship off Sri Lanka's northeastern coast, dismissing …
International Monetary Fund to wind up operations in Sri Lanka in Jan ’07
December 23, 2006 (LBO) – The International Monetary Fund will close its office in Sri Lanka from mid next month, the global financial watchdog said …
IMF asks Sri Lanka to pay close attention on economic reforms, amidst high inflation
December 22, 2006 (LBO) – The International Monetary Fund Friday asked Sri Lanka to go slow on hiring public servants and pay more attention to reduce …
Sri Lanka free floating’ tag ripped by IMF
December 22 (LBO) – Sri Lanka's exchange rate regime has been re-classified to a managed float from free float after violating International Monetary …
Sri Lanka arrests Tigers escaping with fleeing civilians
Dec 21, 2006 (AFP) - Sri Lankan troops have arrested 15 Tamil Tiger rebels who pretended to be civilians fleeing the embattled eastern region ahead of a major …
Sri Lanka’s rich western province leads economic growth again in 2005
December 21 (LBO) – Sri Lanka’s rich western province has led the list again of top contributors to the island’s economic growth last year, …
Sri Lankan children abducted as rebels admit conscription mistake
COLOMBO, Dec 21, 2006 (AFP) - Armed men have kidnapped 16 boys and three girls in eastern Sri Lanka, a pro-rebel website reported Thursday, as Tiger guerrillas …
Tamil Tigers kill Sri Lankan soldier in army camp
COLOMBO, Dec 20, 2006 (AFP) - Tamil Tiger rebels attacked an army camp in northwestern Sri Lanka, killing a soldier, the defence ministry said Wednesday. …
Tigers allege air strike amid mourning for negotiator
Dec 20, 2006 (AFP) - Sri Lankan war planes bombed inside rebel-held territory Wednesday as the militants mourned the death of their top peace negotiator Anton …
Tamil Tigers holding seven boys for military training: officials
Dec 20, 2006 (AFP) - Tamil Tiger rebels who seized 22 teenagers in eastern Sri Lanka freed 15 girls but were holding seven boys for military training, local …
Earnings Squeeze
December 20, 2006 (LBO) – Caltex Lubricants Lanka said Wednesday that earnings in 2007 will take a hit, after the government upped taxes on base oil, …
Sri Lanka’s government to acquire property in Fort to build a Presidential Square
December 20, 2006 (LBO) – Sri Lanka’s president Mahinda Rajapakse has given notice to owners of prime property around his official residence, that …
Tamil rebel factional fight leaves three dead
COLOMBO, Dec 19, 2006 (AFP) - At least three Tamil rebels were killed in a skirmish between rival factions in northern Sri Lanka on Tuesday, police said. …