Sri Lanka hikes prices of cement, poultry

Oct 14, 2012 (LBO) - Sri Lanka's consumer affairs authority, which has imposed price controls on chicken and cement, has raised the prices of the items media …

Sri Lanka budget: nobody said deficit is too large: Treasury Secretary

Oct 13, 2012 (LBO) - Not a single representative of the public or business community that had met Sri Lanka's President Mahinda Rajapaksa, who is also finance …

Sri Lanka to discuss new program later: IMF Rep

Oct 12, 2012 (LBO) - A separate mission would arrive in Sri Lanka to have discussion on an ongoing program with Sri Lanka with the end of a successful 2. …

Sri Lanka borrowings not limited to China: Treasury Secretary

Oct 11, 2012 (LBO) - Sri Lanka's external financing has got diversified out of a traditional Western led donor group but the country was not just depending on …

Sri Lanka water supply project to get more ADB finance

Oct 11, 2012 (LBO) - Sri Lanka will negotiate with the Asian Development Bank to get 40 million US dollars of additional financing for a water supply project …

Sri Lanka mine clearing boosted by Japan

Oct 11, 2012 (LBO) - Japan has give 96 million rupees (737,575) US dollars to clear mines in Sri Lanka's former war zones where a civil war raged for 30-years …

Sri Lanka expects to better ‘Doing Business’ ranking

Oct 11, 2012 (LBO) - Sri Lanka expects to move up on an ease of doing business ranking compiled by World Bank group for 2013, a multilateral lender, the …

Sri Lanka raises alcohol taxes

Oct 09, 2012 (LBO) - Sri Lanka has raised taxes on alcohol ahead of a budget to be presented in parliament next month, a day after excise taxes on tobacco was …

Sri Lanka judges, magistrates, lawyers on strike over assault

Oct 08, 2012 (LBO) - Sri Lanka's district judges and magistrates are striking Monday, while several lawyers associations had decided to keep away from court …

Sri Lanka scholar explodes China arms trade myths

Oct 07, 2012 (LBO) - Contrary to popular belief that Chinese arms sales to Africa fuel wars and human rights abuses, it is the United States that sells more …

Sri Lanka hikes tobacco taxes

Oct 06, 2012 (LBO) - Sri Lanka has raised tobacco taxes from October 06, a notice posted on the island's customs office showed, to raise extract more money …

Iran heading for hyperinflation: Steve Hanke

Oct 04, 2012 (LBO) - Iran is heading for hyperinflation with a collapsing Riyal driving up prices above a 50 percent a month threshold, as US led economic …

Sri Lanka to build high rises for shanty-dwellers

Oct 04, 2012 (LBO) - Sri Lanka's urban agency will be given state land in 15 locations to build high rise apartments for people living in underserved …

India starts kicks off second stage of housing project

Oct 03, 2012 (LBO) - India has started the second phase of building and repairing 43,000 houses in Sri Lanka's war ravaged Northern and Eastern provinces under …

Sri Lanka mid-year fiscal report not responsive to law: legislator

Oct 02, 2012 (LBO) - An interim report on state finances presented to parliament is not responsive to Sri Lanka's fiscal management responsibility law and …

Sri Lanka’s state debt expands amid currency fall, forex loans

Oct 02, 2012 (LBO) - Sri Lanka's state debt has expanded by more than a trillion rupees to 6,161 billion rupees up to July 2012 from 5,133.3 billion rupees in …

Sri Lanka sees budget slippage in July: data

Oct 01, 2012 (LBO) - Sri Lanka has seen a sharp fiscal slippage in July 2012 after two months of improving state finances, as the state ratcheted up current …

Japan to feed Sri Lanka’s war zone school kids

Sept 28, 2012 (LBO) - Japan will provide 120 million yen (180 million rupees) through the World Food program to provide meal at school to children in the …

Sri Lanka 2012 GDP growth lowered to 6.8 pct: CB Governor

September 27, 2012 (LBO) - Sri Lanka's economic growth forecast for 2012 has been lowered to 6. online pharmacy buy diflucan with best prices today in the USA …

Sri Lanka bank credit volumes fall to 18-month low in July

Sept 24, 2012 (LBO) - Loans from Sri Lanka's commercial banks to state and private borrowers fell to 10.1 billion rupees in July 2012, down from 13.5 billion …