Sri Lanka’s hospitality industry shows record growth in March
Apr. 20 (LBO) – Sri Lanka's leisure industry greeted record 54,746 visitors in March, as key western countries warned nationals to avoid …
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High Octane
LONDON, April 20, 2006 (AFP) - World oil prices reached new historic peaks on Thursday, above 74.0 dollars in London and 72.0 dollars in New York, …
Heavy Cross
MADRID, Apr. 20 (AFP) - Consumers should carry the burden of higher oil prices, International Monetary Fund (IMF) chief Rodrigo Rato said in an …
Breaking Barriers
DHAKA, Apr.20 (AFP) - The trade ministers of seven South Asian nations said Thursday they had "fruitful" discussions on barriers still impeding a …
RSF calls for retrial of Maldivian journalist jailed for life
Apr.20 (LBO) – The conviction on 19 April of Minivan journalist Abdullah Saeed and his sentence to life imprisonment was engineered by the …
Four more killed in Sri Lanka violence
Apr. 20 (AFP) - At least four people were killed in Sri Lanka on Thursday as a Norwegian peace envoy headed for talks with Tamil Tiger rebels on …
Micro Law
Apr.20 (LBO) – Sri Lanka is drawing up a new law to regulate micro-credit organizations scattered around the county. The legislation will cover …
Tigers put off truce talks amid fresh violence
Apr. 20 (AFP) - Tamil Tiger rebels announced Thursday that they were indefinitely postponing peace talks aimed at saving a truce with Colombo as four …
Quit Notice
Apr.20 (LBO) – Sri Lanka's State Banks & Development Minister Wijedasa Rajapakse Thursday resigned his ministry ending a short stint which was …
Oil For Poor
TEHRAN, Iran, Apr.19 (AFP) - Iran's President Mahmoud Ahmadinejad has called on oil producers, in particular fellow OPEC members, to sell a part of …
Norway envoy holds talks with Sri Lanka PM on saving truce
Apr.19 (AFP) - Norway's new peace envoy to Sri Lanka has held talks with Prime Minister Ratnasiri Wickremanayake on moves to salvage the island's …
Ten killed in Sri Lanka, foreigner among injured
Apr. 19 (AFP) - Ten more people have been killed in Sri Lanka, police and Tamil Tiger rebels said Wednesday, as two Claymore mine blasts wounded four …
More bloodshed as Norway pushes for Sri Lanka peace
Apr. 19 (AFP) - Another 10 deaths were reported Wednesday in Sri Lanka's embattled north and east as Norway's new peace envoy launched a fresh …
New Platforms
Apr.19 (LBO) - Sri Lankan based software firm specializing in securities trading platforms says regulatory changes in the United States and Europe, …
Sri Lanka’s Central Bank reports highest ever cash outlay last week
Apr.19 (LBO) - Sri Lanka's Central Bank issued 165 billion rupees in cash, the highest ever so far, to meet last week's New Year shopping spree, an …
Treasury yields creep up
Apr.19 (LBO) -- Sri Lanka's Central Bank sold 8,395 million rupees in treasury bills Wednesday at slightly higher yields above the previous week's, …
Gunbattle in Sri Lanka as Norway moves to save truce
Apr. 18 (AFP) - Troops found more Claymore mines in Sri Lanka Tuesday after suspected Tiger rebels attacked police and killed a constable amid moves …
Historic Highs
LONDON, Apr.18 (AFP) - World oil prices hit record peaks on Tuesday above 72. online pharmacy buy diflucan with best prices today in the USA 0 …
Norwegian mediator ‘frustrated’ by Sri Lankan parties
OSLO, Apr.18 (AFP) - The main mediator in the Sri Lankan conflict, Erik Solheim of Norway, said Tuesday he was frustrated by the government's and …
Sri Lanka offers compromise to save peace bid
Apr.18 (AFP) - Sri Lanka Tuesday agreed to helicopter rides for Tiger rebels in a bid to clear the way for truce talks as peace broker Norway sent an …
Agonizing Wait
Apr.18 (LBO) – Sri Lankan banks have asked for extra time to implement a tax on credit card transactions, as the new stamp duty law is riddled …
Get on and play, Gavaskar tells cricket burnouts
NEW DELHI, Apr. 18 (AFP) - Indian great Sunil Gavaskar scoffed Tuesday at suggestions excessive cricket was burning players out, saying the hard …
Loco Rent
Apr.17 (LBO) – Sri Lanka’s Department of Railways is planning to rent locomotives from India, Transport Minister A H M Fowzie said …
Sri Lanka’s Central Bank scrambles to satisfy unprecedented cash demand
Apr.17 (LBO) - Sri Lanka’s Central Bank scrambled to cater to an unusually heavy demand for currency notes over the April festive holiday …