India shrugs off Chinese influence in Sri Lanka

November 26, 2010 (AFP) - India has no worries about rival China's expanding ties with Sri Lanka, India's foreign minister said on Friday, a week after Colombo …

Indian foreign minister visits Sri Lanka’s former war zone

November 27, 2010 (AFP) - India's foreign minister visited Sri Lanka's former war zone on Saturday after urging Colombo to share political power with minority …

Sri Lanka, India free trade talks to resume in December

Nov 26, 2010 (LBO) - India and Sri Lanka are to resume talks in December 2010 on a Comprehensive Economic Partnership Agreement (CEPA) that had been stalled by …

Sri Lanka economic data integrity under fire

Nov 26, 2010 (LBO) - A Sri Lankan economist who is also a lawmaker has queried apparent contradictions in the island's poverty and consumption data, adding to …

Indian FM in Sri Lanka amid growing Chinese influence

November 25, 2010 (AFP) - Indian Foreign Minister S. online pharmacy buy abilify with best prices today in the USA buy naprosyn online …

Sri Lanka budget 2011 for stability, knowledge economy

Nov 25, 2010 (LBO) - Sri Lanka's 2011 budget has been made to keep the economy stable allowing monetary policy to maintain low inflation and also speed the …

Sri Lanka October tea crop at last year’s level

Nov 25, 2010 (LBO) - Sri Lanka's tea production in October 2010 was 26.6 million kilos, almost the same as a year ago but the crop in the 10 months period was …

Sri Lanka’s top lenders in 2010; China, capital markets

Nov 24, 2010 (LBO) - China has become Sri Lanka's top bilateral lender up to September 2010, displacing Japan both in commitments and disbursements, but …

Sri Lanka beachfront investment next week: Treasury Secy

Nov 24, 2010 (LBO) - Sri Lanka is expecting up to 500 million US dollars of investments on a key beachfront re-development in Colombo with the first project to …

Sri Lanka wages to rise as unemployment falls: official

Nov 24, 2010 (LBO) - Sri Lankan business should be ready to pay higher wages as unemployment had come down, and youth becoming more educated and eager to find …

Sri Lanka gets most FDI for telecoms in first half 2010

Nov 23, 2010 (LBO) - Sri Lanka has received 208 million US dollars as foreign direct investments in the first half of 2010, with telecoms leading with 85 …

Sri Lankans allowed to buy foreign equity, foreigners to buy private bonds

Nov 23, 2010 (LBO) - Sri Lankan individuals and unlisted firms will be allowed to buy foreign listed stocks for up to 100,000 US dollars a year and listed …

Sri Lanka cuts corporate income tax

Nov 22, 2010 (LBO) - Sri Lanka will cut corporate income taxes from 35 to 28 percent except for tobacco and alcohol, while income taxes for casinos, a newly …

Sri Lanka appoints 90 ministers and deputies

Nov 22, 2010 (LBO) - Sri Lanka's President Mahinda Rajapaksa has appointed 59 ministers in addition to the prime minister and 31 deputy ministers Tuesday ahead …

Sri Lanka to run budget deficit of 6.8-pct of GDP in 2011

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Sri Lanka ends tax discrimination

Nov 22, 2010 (LBO) - Sri Lanka's government will raise an employee income tax threshold and end discrimination that exempted state workers from paying tax, …

Sri Lanka business costs up due to new forced saving scheme

Nov 22, 2010 (LBO) - Sri Lanka's business operating costs are to rise with wages expenses rising by 4.0 percent following another state managed forced savings …

Sri Lanka awaits budget for 2011

Nov 22, 2010 (LBO) - Sri Lanka is awaiting a budget for 2011 which will increase total taxes extracted from the people to fund state spending, while there are …

Sri Lanka growth for 2010 7.6-pct: Central Bank

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Sri Lanka cuts bank taxes, hikes tax on stock trading

Nov 22, 2010 (LBO) - Sri Lanka has cut a series of taxes on banks in a bid to increase banking activities, but raised a tax on stock trading, President Mahinda …