Sri Lanka promises fast-track investment approvals from July 01

June 17, 2013 (LBO) - Sri Lanka's investment promotion ministry said a new fast-track unit will be opened from July 01, to give approvals for projects within …

Sri Lanka vows polls in ex-war zone but clips council powers

OLOMBO, June 16, 2013 (AFP) - Sri Lanka's President Mahinda Rajapakse pledged Sunday to proceed with the first-ever provincial polls in the island's former war …

Sri Lanka gaming tax to be on par with the rest of the world: minister

June 14, 2013 (LBO) - Sri Lanka's gaming taxes could be made to be on par with the rest of the world, investment promotions minister Lakshman Abeywardena said …

Sri Lanka rupee weakness a logical adjustment: CB Governor

June 14, 2013 (LBO) - A weakness in Sri Lanka's rupee is a "logical adjustment" coming amid falling Asian currencies including the Indian rupee and Japanese …

Sri Lanka economic forum to bridge gap between business and universities

June 14, 2013 (LBO) - An annual economic policy forum will bring universities and business together in a bid to bridge a perceived gap between their needs and …

Sri Lanka to ban foreign investments in to steel, cement, retail trade

June 13, 2013 (LBO) - Sri Lanka plans to ban foreign investments into steel, cement, retail trade, small scale agriculture and beauty care products, to …

Sri Lanka state workers take home 56-pct of tax revenues in 2012

June 11, 2013 (LBO) - Sri Lanka's state workers and pensioners have taken 56 cents out of every tax rupee collected from the people in 2012, not counting tax …

Sri Lanka businesses warned on planned media curbs

June 07, 2013 (LBO) - Sri Lanka's businesses had been warned on the future effects on liberty in the island following attempts to impose fresh controls on the …

Sri Lanka lending rates to ease with lower state borrowing: Central Bank

June 7, 2013 (LBO) - Sri Lanka's bank lending rates are expected to ease in the second half of 2013 with reduced bank borrowings by the state, the Central Bank …

Favored Nations

June 05, 2013 (LBO) - Sri Lanka has been included in a list of exempt countries released by the United States on sanctions imposed on crude oil purchases from …

Sri Lanka economic forum to focus on export growth

June 05, 2013 (LBO) - An annual economic policy forum with the participation of businesses, academics and state officials this year will focus on strategies …

Sri Lanka needs quick, cost-based energy tariffs: Treasury

June 3, 2013 (LBO) - Sri Lanka needs quick cost-based energy pricing to avoid balance of payments pressure and stop bank credit being used for consumption, a …

Sri Lanka state bank dividends, levies boost revenues

June 03, 2013 (LBO) - Sri Lanka's state banks and insurance funds have contributed 23 billion rupees or about 0.buy azithromycin online buy azithromycin online …

Sri Lanka and Thailand ink deals on tourism, technology, business

May 31, 2013 (LBO) - Sri Lanka and Thailand inked agreements on tourism, technology, business during a visit by Thai Prime Minister Yinluck Shinawatra to the …

Sri Lanka inflation accelerates to 7.3-pct on power tariff

May 31, 2013 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 7. buy rotacaps online …

UN human rights chief invited to Sri Lanka: foreign ministry

COLOMBO, May 28, 2013 (AFP) - The UN human rights chief has been invited to Sri Lanka in August, the foreign ministry said Tuesday, months after Colombo …

Korea business delegation visiting Sri Lanka in June

May 27, 2013 (LBO) - A business delegation from Korea will be visiting Sri Lanka in June to meet partners in Sri Lanka, the Ceylon Chamber of Commerce said. …

Sri Lanka President promised more funding by China Exim Bank

May 28, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa had been promised more funding by head of the Export Import of Bank of China, Li Ruogu during …

Sri Lanka and China to negotiate free trade deal, expressway funding

May 28, 2013 (LBO) - Sri Lanka and China will negotiate a free trade deal and Chinese support has been pledged for a planned expressway to the north of the …

Oil Pipe

May 28, 2013 (LBO) - State-run Ceylon Petroleum Corporation is repairing an off-shore oil pipeline is expected to completed Tuesday allowing crude to be …