Trade Discounts
Sept 25 (LBO) – Sri Lanka has slashed tariffs by up to 70 percent on top imports like cement imported duty free from India, under a trade deal …
All News
Creative Fusion
Sept 25 (LBO) – Sri Lankan song writers and other artistes are hoping a new licensing and royalty scheme being drawn up will help protect their …
Condoleezza Rice urges Sri Lanka to push ahead with peace talks
NEW YORK, Sept 23, 2006 (AFP) - US Secretary of State Condoleezza Rice urged her Sri Lankan counterpart here Saturday to make a concerted effort in …
Fighting picks up in Eastern Sri Lanka despite peace efforts
Sept 24 (AFP) - Tamil rebels and Sri Lankan troops waged artillery duels Sunday in the embattled east, the military said, in continued fighting …
Safe Funds
LONDON, Sept 24, 2006 (AFP) - Islamic finance is soaring around the world owing to an influx of petro-dollars from the Middle East and growing demand …
Human rights group demand probe of abuses in Sri Lanka
GENEVA, Sept 22 (AFP) - International and Sri Lankan human rights campaigners on Friday called for a United Nations inquiry into abuses against …
More democracrazy in the Maldive Islands?
COLOMBO, Sept 22 (AFP) - The Maldivian government freed a top political dissident from house arrest Friday, opening the door for talks with the …
British travellers warned after new Sri Lanka violence
LONDON, Sept 22, 2006 (AFP) - Britain's foreign ministry tightened up its advice Friday to travellers in north and east Sri Lanka after at least six …
Six civillian killed Northeast Sri Lanka
COLOMBO, Sept 22(AFP) - At least six civilians were killed in separate incidents across Sri lanka's embattled northeast, the defence ministry here …
In-Shoring
Sept 22 (LBO) – A Sri Lankan telecom firm shifted its call centre out of the capital to a lower-cost central region of the island, in a …
China busts product based, e-commerce pyramid
BEIJING, Sept 21 (AFP) - Chinese police have busted a "cult-like" pyramid sales scam involving up to 500,000 people that amassed two billion yuan …
Military junta that grabbed power in Thailand eye former leader’s wealth
BANGKOK, Sept 22 (AFP) - Thailand may seize the assets of ousted billionaire prime minister Thaksin Shinawatra, the new military junta said on …
Asia must boost infrastructure investment: ADB boss
JAKARTA, Sept 22, 2006 (AFP) - Asia must dramatically boost investment in infrastructure in the next decade or risk losing its global competitive …
Lucky Strike
Sept 22 (LBO) –Savers in Sri Lanka, who are losing money because of negative real interest rates in the country, stand to recoup their losses …
Self Service
Sept 22 (LBO) - Some Sri Lankan banks that are shifting traffic off its counters and to self service channels like teller machines and home banking, …
Sri Lanka troops deployed at Muslim town after rioting
COLOMBO, Sept 21, 2006 (AFP) - Sri Lankan troops were deployed at a Muslim town in the island's east to quell rioting following the massacre of 10 …
Four South Asian nations, including Sri Lanka, accused of doping offences
COLOMBO, Sept 21, 2006 (AFP) - Athletes from India, Pakistan, Sri Lanka and Nepal tested positive for banned substances at last month's South Asian …
Singapore looks for defining new brand
SINGAPORE, Sept 21, (LBO) – The Singapore government is trying to come up with a single brand identity for the city state, but authorities may …
China mulls looser banking rules amid foreigners’ complaints
SHANGHAI, Sept 21, 2006 (AFP) - Financial regulators in China are mulling loosening regulations for foreign banks after criticism that proposed …
Trade Fiasco
Sept 21 (LBO) – Another round of Indo-Lanka trade talks ended this week, with no firm agreement on resuming controversial duty free exports of …
Developing states aim to lift millions out poverty with new G11 forum
NEW YORK, Sept 20, 2006 (AFP) - Eleven developing economies clubbed together Wednesday to unveil a new forum aimed at easing their debt burden, …
Talk Cheap
Sept 20 (LBO) – Payphone operator Tritel Services Limited said Wednesday it would slash outgoing call charges by 33 percent, expanding reach …
Airlines, tour operators see no disruption in Sri Lankan traffic to Thailand after coup
Sept 20 (LBO) – Tourist and business traffic from Sri Lanka to Thailand is expected to go on as normal following a military coup there, with …
Live Trading
Sept 20 (LBO) – Sri Lanka’s Millennium Information Technologies (MIT) said Wednesday it had developed an automated trading system for the …