Sri Lanka moves against child labour
Mar 17, 2011 (LBO) - The Sri Lankan government plans to allocate more funds to a campaign to eliminate the worst forms of child labour by 2016, a statement …
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Sri Lanka equities could be buffeted by Japan fallout: brokerage
Mar 17, 2011 (LBO) - Sri Lanka's economy may not be much affected by the devastation in Japan in the short term but a global fallout may impact commodity …
Australian PM defends boat people riot response
SYDNEY, March 16, 2011 (AFP) - Australian Prime Minister Julia Gillard on Wednesday defended the police reaction to riots at the remote Christmas Island …
Sri Lankans to apply for Indian visas online
Mar 16, 2011 (LBO) - Sri Lankans travelling to India will be required to apply for visas online from March 25, the Indian High Commission said in a statement. …
Sri Lanka inflation stumps markets
Mar 16, 2011 (LBO) - Sri Lanka's rising inflation and negative real rates have stumped markets with bond liquidity vanishing, quotes widening and forward …
Fresh riot by asylum seekers on Australian island
SYDNEY, March 15, 2011 (AFP) - Australia's remote Christmas Island detention centre was hit by a second night of riots on Tuesday, with up to 200 asylum …
India captures 61 Somali pirates after clash: navy
NEW DELHI, March 14, 2011 (AFP) - The Indian navy has captured 61 suspected Somali pirates and rescued 13 fishermen after a firefight with a pirate mothership …
Australian police use tear gas on asylum seekers
SYDNEY, March 14, 2011 (AFP) - Australian police used tear gas to quell a protest of 300 asylum seekers on remote Christmas Island on Monday, as the government …
Sri Lanka land prices seen rising
Mar 14, 2011 (LBO) - Land prices in Sri Lanka are set to rise with interest rates seen "benign" this year and remittances from migrant workers who send money …
Sri Lanka private pension fund makes equity gains
Mar 12, 2011 (LBO) - A pension fund of private Sri Lankan citizens managed by the state has made large capital gains by investing in stocks with the share of …
Sri Lanka information desk for Japan tsunami
Mar 11, 2011 (LBO) - Sri Lanka's Ministry of External Affairs said it has set up an information desk to help nationals seek news of relations in Japan in the …
Sri Lanka receive Japanese grant for community development
Mar 11, 2011 (LBO) - The Japanese government handed over an 18 million rupee grant to two community development organizations for development projects in Sri …
Sri Lanka Hilton Hotel state grip tightened
Mar 10, 2011 (LBO) - Sri Lanka's economic development minister Basil Rajapaksa had told parliament that the state had 'fully taken over' a city hotel that is …
Sri Lanka Hilton to hold talks on management deal
Mar 10, 2011 (LBO) - Hilton Hotels and Resorts says it will continue to manage Sri Lanka's Colombo Hilton until discussions start with owners following a …
Sri Lanka Hilton building firm disclose leased land with state
Mar 10, 2011 (LBO) - Sri Lanka's Hotel Developers, a listed firm which owns the building on which Colombo Hilton is operated said a land sub-leased from a …
Buck Stops
Mar 10, 2011 (LBO) - Most of the loss of Ceylon Petroleum Corporation, Sri Lanka's state-run petroleum retailer is due to subsidized sale of furnace oil to a …
Sri Lanka UK post-war trade gets trade credit cover boost
Mar 09, 2011 (LBO) - Britain is seeing more inquiries from firms who want to do business with Sri Lanka and is standing by to back deals with export credit …
Sri Lanka moves to cut taxes
Mar 09, 2011 (LBO) - Sri Lanka's cabinet of ministers has approved changes to several laws reducing taxes paid by companies and individuals to give effect to …
Lubricant Shift
Mar 09, 2011 (LBO) – Sri Lanka’s Nawaloka ABC Petroleum, which entered the lubricant market recently, says the price-driven lubricant market is …
Lofty Monitor
Mar 09, 2011 (LBO) - Sri Lanka plans to use satellite technology to monitor distribution of petroleum products to fuel retail stations from storage terminals …