Sri Lanka GoldQuest controversy takes new turn with Central Bank denial
Sept 19 (LBO) - The controversy over the sudden recall of police investigators probing the GoldQuest scheme took a new turn, with the authorities …
All News
War planes hit Tigers after Muslim massacre, reporters escape bombing
COLOMBO, Sept 19, 2006 (AFP) - Sri Lankan jets bombed suspected Tamil Tiger targets in the island's east Tuesday, officials said, while rebel mortars …
Small Talk
Sept 18 (LBO) –Telco operator Lanka Bell said Monday it was re-branding its short message service through fixed line phones, to appeal to a …
Estate workers in Sri Lanka begin wage talks, amidst high commodity prices
Sept 18 (LBO) - High commodity prices could up the bargaining power of plantation worker unions, as talks with plantation companies to raise wages, …
Online Jazz
SAN FRANCISCO, Sept 18, 2006 (AFP) - Internet search titan Yahoo announced plans on Monday to trumpet its revamped search page and enhanced features …
Government policies in Sri Lanka and elsewhere keep poor at bottom end
SINGAPORE, September 18, 2006 (LBO) – The World Bank rapped politically hungry governments saying short sighted policies fail to uplift the …
Civil society groups slam IMF reforms
SINGAPORE, September 18, 2006 (LBO) – Civil society groups Sunday slammed IMFs plan to overhaul its governance structure, saying they mean very …
Mixed response to World Bank’s new thrust on linking aid and graft busting
SINGAPORE, September 18, 2006 (LBO) – World Bank’s policy body Monday asked the bank’s president not to lose sight of reducing …
Eleven Muslims killed in Sri Lanka
COLOMBO, Sept 18, 2006 (AFP) - The bodies of 11 Muslim men hacked to death were found in eastern Sri Lanka Monday, police said as Tamil Tiger rebels …
Broader Role
SINGAPORE, September 18, 2006 (LBO) – The International Finance Corporation, the World Bank’s private sector lender, is scaling up …
Sri Lanka among groups against IMF reforms
SINGAPORE, September 18, 2006 (LBO) – Sri Lanka was one of the 23 countries that opposed a plan to overhaul the voting shares of the …
Sri Lanka boat people caught off Spain
PUERTO DE LOS CRISTIANOS, Spain, Sept 17, 2006 (AFP) - A second boatload of some 200 clandestine immigrants from Asia has been spotted on its way to …
Sri Lanka’s inflation ‘worrying’, other South Asian nations doing better : IMF
SINGAPORE, Sep 17 (LBO) - Though other South Asian nations are doing reasonably well in fighting inflation Sri Lanka's central bank must be more …
Tamil Tiger arms ship bombed off the coast of Sri Lanka
COLOMBO, Sept 17, 2006 (AFP) - Sri Lanka's navy gunboats and war planes bombed a suspected Tamil Tiger arms ship Sunday, the defence ministry said, …
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 …
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 …
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 …
Flight Plan
SINGAPORE, September 16, 2006 (LBO) – SriLankan Airlines plans to take ownership of three aircraft currently under lease and extend the …
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 …
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 …
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 …