Sri Lanka’s trade deficit ballooned in July as port strike hit exports
Sept 06 (LBO) - Sri Lanka’s trade deficit expanded by more than 50 percent in the seven months to July, spurred by rapid import growth and …
All News
Norway bids to save Sri Lanka peace process
COLOMBO, Sept 6, 2006 (AFP) - Norway's top envoy sought to salvage Sri Lanka's peace process in talks with Tamil Tigers on Wednesday as the rebels …
ADB raises developing Asia’s economic growth forecast for 2006-07
MANILA, Sept 6, 2006 (AFP) - China and India are expected to push developing Asia's economic growth to a better than expected 7. online pharmacy buy …
Central Bank extends freeze on TRO bank accounts to investigate alleged tiger links
Sept 06 (LBO) – The Central Bank said Wednesday it would extend a freeze on all bank accounts of the charity, Tamil Rehabilitation Organization …
Google to offer news archive going back 300 years
WASHINGTON, Sept 6, 2006 (AFP) - Internet giant Google Inc., was expected to announce Wednesday that it will offer a free archive service enabling …
More deaths in fresh fighting in Eastern Sri Lanka
Sept 6, 2006 (AFP) - At least two Sri Lankan soldiers were killed and 13 others wounded Wednesday in clashes with Tamil Tiger rebels in the country's …
John Keells in early talks to take over Confifi Hotels
Sept 06 (LBO) - Diversified Sri Lankan conglomerate John Keells Holdings is in early talks to buy into the Confifi Hotel group, a top official said. …
French charity scales down Sri Lanka operations after massacre
Sept 6, 2006 (AFP) - A French charity announced Wednesday it was drastically scaling down its operations following allegations that government troops …
China wants to head off foreign reserve growth
BEIJING, Sept 5 (AFP) - China's forex reserves rose further to hit 954. online pharmacy buy ciprodex with best prices today in the USA 5 billion …
Troops secure town captured from Tiger control in eastern Sri Lanka
Sept 5 (AFP) - Hundreds of Sri Lankan troops worked Tuesday to clear mines and booby-trapped devices from a town they captured from Tamil Tiger …
Cut the fiscal deficit to preserve growth : ECB
ROME, Sept 5 (AFP) - Italy must take immediate steps to improve its public finances in order to preserve its economic recovery, an Italian member of …
Mortar attacks as Sri Lanka troops dig in near key port
TRINCOMALEE, Sri Lanka, Sept 5, 2006 (AFP) - Security forces and Tamil Tiger rebels traded mortar bomb attacks in this Sri Lankan port district …
Thailand’s economic growth trails Asian rivals
BANGKOK, Sept 5, 2006 (AFP) - Political turmoil and flagging exports have resulted in Thailand trailing its Asian rivals in economic growth, Fitch …
Trade Breaks
Sept 05 (LBO) – India is drawing up a more favourable package for Sri Lankan garment exports to the country under the Indo-Lanka trade deal. …
Sri Lanka’s Serendib Hotels to sell 20% stake to Thai resort operator, Minor International
Sept 05 (LBO) – Serendib Hotels said Tuesday it would go in for a private placement to sell a 19.90 percent stake in the company to Minor …
Oil Brokering
Sept 06 (LBO) - Sri Lanka has approved new terms to limit exports of vanaspathi vegetable oil to India, with the government hopeful that local …
President capture of key Tiger controlled town will not lead to all out war
Sept 4 (AFP) - Sri Lankan troops Monday captured a town used by Tiger rebels to launch artillery against the key naval port of Trincomalee, but …
Good Returns
September 04, 2006 (LBO) – The Distilleries Group is in talks to increase their equity stake in its fund management unit National Asset …
Bollywood looks abroad for special effects to spice films
MUMBAI, Sept 4, 2006 (AFP) - Bollywood is bucking a global trend of outsourcing technical film work to India by using experts from abroad to provide …
Sri Lanka troops capture Tiger town: minister
Sept 4 (AFP) - Sri Lankan troops Monday captured an eastern coastal town used by Tiger rebels to launch artillery attacks against the strategic naval …
Charity Probe
Sep 04, (LBO) - Sri Lanka’s central bank, which froze the bank accounts of a charity operating in the country’s North and East areas said …
Common Issues
Sep 04, (LBO) - Finance ministers of commonwealth countries will try to find ways to improve aid delivery to developing countries and made aid more …
Hasty Exit
Sept 04 (LBO) - The government has shelved a bidding round for oil exploration until it sorts out a battle with Norwegian company TGS Nopec to buy up …
Joining Forces
Sept 04 (LBO) – NDB Bank said Monday that it had picked up a balance 70 percent stake in NDB Housing Bank, following Central Bank approval. NDB …