Sri Lanka in deals with Qatar sovereign fund, real estate unit
Jan 18, 2012 (LBO) - Sri Lanka has signed co-operation deals with Qatar Holdings LLC, a sovereign wealth fund and its wholly owned real property unit following …
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Sri Lanka govt probe seen failing to win confidence of Tamils
Jan 16, 2012 (LBO) - Sri Lanka's main minority Tamil political party has rejected a government investigation into the ethnic war, saying it lacked credibility …
Sri Lanka, India fisheries talks soft on poaching
Jan 15, 2012 (LBO) - Talks between India and Sri Lanka on fisheries have ended with no deal on firm action to stop poaching by south Indian fishermen in the …
Sri Lanka expects most FDI for infrastructure in 2012
Jan 13, 2012 (LBO) - Sri Lanka is expecting most of the two billion US dollars of foreign direct investment targeted for 2012 to flow into infrastructure with …
Sri Lanka to expand food stamps to former war zones
Jan 13, 2012 (LBO) - Sri Lanka will expand a food stamp scheme to former war zones in the east adding an estimated 100,000 families to 1. online pharmacy buy …
India to rebuild 49,000 houses in Sri Lanka with US$260mn grant
Jan 12, 2012 (LBO) - India will help rebuild 49,000 houses of war refugees and estate workers in Sri Lanka with a 260 million US dollar grant, information …
Sri Lanka policy rates steady, market rates up
Jan 11, 2012 (LBO) - Sri Lanka's main policy interest rate at which cash is injected to the market will remain at 8.50 percent but an increase in market rates …
Sri Lanka expressway has upped hotel occupancy: minister
Jan 11, 2012 (LBO) - Occupancy at hotels in the southern part of Sri Lanka had increased after a new expressway cut travel time to the area, deputy economic …
Sri Lanka pension fund should publish annual report: legislator
Jan 06, 2012 (LBO) - Sri Lanka's main opposition has called for the immediate publication an annual report of the island's largest pension fund also questioned …
Sri Lanka gold imports surge to U$600mn in 2011
Jan 05, 2012 (LBO) - Sri Lankans have spent a record 600 million dollars of gold in 2011 up more than seven times from the 82 million US dollars a year, the …
Sri Lanka village producers helped by Japanese volunteers
Jan 05, 2012 (LBO) - A team of Japanese volunteers had helped village level producers to develop new products and upgrade designs to get higher prices, the …
Sri Lanka vulnerable to external risk, needs reforms: Moody’s
Jan 04, 2012 (LBO) - Sri Lanka is still vulnerable to external shocks given, lower than expected year-end foreign exchange reserves and needs lasting reforms …
Sri Lanka to target inflation explicitly in 2012: CB Governor
Jan 04, 2012 (LBO) - Sri Lanka is moving to a more explicit inflation targeting environment setting a level of 5 to 6 percent for 2012 and priority has been …
Sri Lanka to assess internet, IT use in post-war census
Jan 04, 2012 (LBO) - Sri Lanka will collect information about areas like internet access in the first nation-wide household and population census to be …
Sri Lanka debt to GDP ratio falls to 78-pct: CB Governor
Jan 03, 2012 (LBO) - Sri Lanka's debt to GDP ratio had fallen to 78 percent by end-2011 from 82 percent in 2010, Central Bank governor Nivard Cabraal said. …
Sri Lanka to grow at 8-pct in 2012, new deal with IMF: CB Governor
Jan 03, 2012 (LBO) - Sri Lanka's economy is projected to grow at 8.0 percent in 2012 with a new deal in the offing with the International Monetary Fund, …
Sri Lanka to negotiate new IMF ‘surveillance’ program: CB Governor
Jan 03, 2012 (LBO) - Sri Lanka will negotiate a "follow up or surveillance" program with the International Monetary Fund with a standby facility ending in …
Petro Facility
Jan 03, 2012 (LBO) - Sri Lanka is negotiating a billion dollar facility from an international bank to defray payments for petroleum imports by made state-run …
Sri Lanka expects stronger links with ASEAN: foreign minister
Jan 02, 2012 (LBO) - Sri Lanka is looking for stronger economic ties with countries in the Association of South East Asian Nations, foreign minister Gamini …
Sri Lanka must restore rule of law, says human rights body
Dec 30, 2011 (LBO) - Sri Lanka needs to restore the rule of law and change its constitution that concentres too much power in the executive president who …