South Asia’s obsession with subsidies no help to the poor : Wolfowitz
SINGAPORE, Sept 16, 2006 (LBO) - The practice of Sri Lanka and other South Asian countries that spend massive public resources on subsidies do not …
All News
Oil prices bigger threat than terrorism to Sri Lanka : CB Governor
SINGAPORE September 16, 2006 (LBO) – Historically high global oil prices have overtaken a three decades old ethnic conflict to emerge as the …
Worker remittances help Sri Lanka weather shocks
SINGAPORE, September 16, 2006 (LBO) – Workers’ remittances is turning out to be an attractive sources of foreign financing for countries …
Sri Lanka earns place among religious freedom violators
WASHINGTON, Sept 16 (AFP) - The United States on Friday classified six Asian countries as religious freedom violators, aside from China, Myanmar, …
Japan Power
SINGAPORE, September 16, 2006 (LBO) – Japan has come forward to help Sri Lanka expand its energy mix, with financial backing to build a …
Flight Plan
SINGAPORE, September 16, 2006 (LBO) – SriLankan Airlines plans to take ownership of three aircraft currently under lease and extend the …
More deaths in Sri Lanka ahead of peace talks
Sept 16, 2006 (AFP) - Suspected Tamil Tiger rebels shot dead three civilians and a government soldier in separate incidents, the defence ministry …
Peace talks could salvage Sri Lanka’s peak winter tourist season
Sept 15 (LBO) – Arrivals to Sri Lanka from some European tourist markets saw another month of declines in August, but tour operators say …
Asian Trading
MANILA, Sept 15, 2006 (AFP) - The Asian Development Bank said Friday it has launched a 10 billion-dollar Asian currency note programme that would …
Troops shell Tigers in new Sri Lanka fighting
TRINCOMALEE, Sri Lanka, Sept 15, 2006 (AFP) - Government forces shelled Tamil Tiger positions in northeastern Sri Lanka Friday as suspected …
Tit for Tat
Sept 15 (LBO) – Lanka Indian Oil Corp., will drop fuel prices again from Friday to recover a 50 percent loss in volumes due to price wars with …
Migrants to Australia face ‘fair dinkum’ English test
SYDNEY, Sept 15 (AFP) - Migrants to Australia would have to pass an English language test to prove they were "fair dinkum" (genuine) about fitting …
Zimbabwe inflation hits new record
HARARE, Sept 15, 2006 (AFP) - The annual rate of inflation in Zimbabwe reached a new record high of 1,204. online pharmacy buy abilify with best …
IMF asks domestic policymakers to be nimble to external risks
Singapore September 15, 2006 (LBO) – The International Monetary Fund Friday asked domestic policymakers to be nimble and adapt to external …
Singapore may soften ban on civil society involvement in World Bank-IMF meet
Singapore September 15, 2006 (LBO) -- Singapore Friday appeared to be willing to soften on an earlier ban of allowing civil society groups to …
Will economic growth give political space for Sri Lanka to escape poverty?
SINGAPORE September 15, 2006 (LBO) – In addition to curries, saris and a passion for cricket, Sri Lanka shares similar problems with South …
Sri Lanka’s central bank combats inflation with negative real rates
Sept 15 (LBO) - Sri Lanka’s central bank said it was not raising interest rates despite expanding money supply, rising inflation and real …
Settling Debts
Sept 14 (LBO) – Sri Lanka’s private port operator South Asia Gateway Terminals said Thursday that it has raised 48 million dollars …
Lack of cash pushes Sri Lanka to peace talks: analysts
COLOMBO, Sept 14, 2006 (AFP) - Sri Lanka appears to be dominating Tamil separatists on the battlefield, but a dwindling war chest may have forced it …
Ten killed in Sri Lanka amid fresh violence
VAVUNIYA, Sri Lanka, Sept 14, 2006 (AFP) - At least 10 people have died in fresh violence in Sri Lanka, officials said Thursday, despite an agreement …
Hedging Option
Sept 14 (LBO) – Sri Lanka is looking at oil futures to hedge against increasing crude prices and control the island’s runway oil bill …
Donor countries cut funding for Sri Lanka de-mining Report
Sept 14 (LBO) – Donor countries have withdrawn funding for de-mining in Sri Lanka until the government shows more commitment to signing a …
Oil prices likely to remain high through 2007: IMF
SINGAPORE, Sept 14, 2006 (AFP) - The strong US and Chinese economies as well as an array of supply issues look set to keep oil prices high next year, …
Member ID
Sept 14 (LBO) – The Hayley™s group said Thursday that it had tied up with Bartronics India Limited to develop and market identification …