Sri Lanka parliamentary probe on retirement fund halted mid-way: legislator

Feb 09, 2013 (LBO) - A probe by a parliamentary committee on investments made by a state controlled retirement fund of private sector workers had been halted …

Sri Lanka to develop Trincomalee port city with ADB finance

Feb 08, 2013 (LBO) - Sri Lanka will improve infrastructure in the northeastern port city of Trincomalee with an 85 million US dollar loan from the Asian …

Sri Lanka reduces sudden hike in tea export tax

Feb 06, 2013 (LBO) - Sri Lanka's rulers have reduced a near doubling of an export tax on tea imposed without consultation of the affected parties on a …

Former US envoy to Sri Lanka passes away

Feb 06, 2013 (LBO) - Former ambassador to Sri Lanka and the Maldives Christopher Van Hollen had passed away on January 30, in Washington, the US embassy in …

Sri Lanka President calls for religious harmony

Feb 04, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa called for religious harmony on the island's Independence Day amid recent violence and rhetoric …

Sri Lanka should uphold rule of law, more international scrutiny ahead: UK minister

Feb 03, 2013 (LBO) - Sri Lanka should uphold rule of law and be committed to respect human rights to ensure that a planned Commonwealth summit in the island is …

Sri Lanka and Luxemburg to avoid double taxation

Feb 02, 2013 (LBO) - Sri Lanka and Luxemburg has signed an agreement to avoid double taxation, the island's embassy in Brussels said. buy flagyl online …

Sri Lanka to rent underground utility ducts

Feb 01, 2013 (LBO) - Sri Lanka will rent space to telecom companies in conduits pre-laid under roads being rebuilt in the capital Colombo under a modernization …

Sri Lanka inflation rises 9.8-pct in Jan 2013

January 31, 2013 (LBO) – Consumer prices in Sri Lanka rose to 9.8 percent in January 2013 from a year earlier accelerating from 9.2 percent a month …

Margin Matter

Jan 30, 2013 (LBO) - Sri Lankan suppliers of fuel to ships could be pushed out of business if a new tax is implemented, shipping officials and tax experts have …

Sri Lanka trade press for simpler taxes

Jan 30, 2013 (LBO) - Sri Lankan trade and tax experts have pressed for further simplification of tax systems, saying that it will help generate more …

Sri Lanka tea exporters protest sudden tax

Jan 30, 2013 (LBO) - Sri Lanka's tea exporters are protesting an export tax that they have found has come into effect from January 23, where a cess on bulk tea …

Sri Lanka mulls rail hauling city waste to limestone pits

Jan 29, 2013 (LBO) - Sri Lanka is mulling a plan to haul solid waste from Sri Lanka's capital Colombo to open pit limestone mines in the northwest of the …

Sri Lanka on fast track to cut flood risk, modernize capital

Jan 29, 2013 (LBO) - Sri Lanka has begun a fast track execution of a 220 million US dollar World Bank funded plan to cut floods, boost drainage as well as …

Sri Lanka to host South Asia economic policy summit

Jan 28, 2013 (LBO) - Sri Lanka will host the 6th South Asia Economic Summit (SAES), a policy forum that brings together academia, government, civil society and …

Debt Protection

Jan 28, 2013 (LBO) - Sri Lanka's state-run Ceylon Electricity Board may be asked to import fuel directly to protect the main petroleum distributor from …

Sri Lanka reshuffles cabinet, new ministers appointed

Jan 28, 2013 (LBO) - Sri Lanka's President Mahinda Rajapaksa has re-shuffled the cabinet appointing 10 new ministers, two project ministers and six deputy …

Sri Lanka firms find ways to battle tough times

Jan 27, 2013 (LBO) - Sri Lankan firms can ride out tough times by maintaining a lean culture, grabbing opportunities that are present in such periods and …

Oil Law

Jan 26, 2013 (LBO) - Sri Lanka will update its petroleum exploration law to bring the rule in line with the latest international practices, information …

Sri Lanka gets Hungarian credit for Colombo water supply

Jan 25, 2013 (LBO) - Sri Lanka will sign up export-import credits of 34 million Euros from Hungary to rehabilitate two water treatment plants supplying the …