Sri Lanka’s Mercantile Investments mulls subsidiary to hold leisure business
July 5, 2006 (LBO) -- Finance company Mercantile Investments Ltd, plans to float a fully-owned subsidiary to hold their leisure investments, a credit …
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Horror Movie
The government has finalised tax rates for imported movies, dramas, sitcoms and commercials, with a formal announcement expected on Thursday. online …
Sri Lanka to study foreign devolution models to end fighting
July 5, 2006 (AFP) - Sri Lanka will study devolution models across the world before developing a power-sharing mechanism with Tamil Tiger rebels to …
Shares prices close flat; rupee steadies against the U.S. dollar
July 4, 2006 (LBO) - Shares prices in Colombo closed flat Tuesday on lackluster trade awhile the Sri Lankan rupee gained marginally against the …
European Union to fund Sri Lanka’s war refugees
July 4, 2006 (AFP) - The European Union Tuesday announced seven million euros (8.9 million dollars) in aid for some 400,000 people displaced by the …
Sri Lanka’s budget deficit expands to 3.2% by end April
July 4, 2006 (LBO) – Sri Lanka's budget deficit for the four months to April rose to 3.2 percent of GDP from 2.9 percent of GDP a year before …
Sri Lanka steps up alert as Tigers honours suicide bombers
July 4, 2006 (AFP) - Sri Lanka stepped up already tight security Tuesday as Tamil Tiger rebels prepared to celebrate "Black Tiger Day" honouring the …
Sri Lanka’s Central Bank governor wants to keep rates steady
July 3, 2006 (LBO) - Sri Lanka does not need to raise interest rates despite galloping inflation and negative real interest rates, the island's newly …
Sri Lanka’s new Central Bank governor says he will protect its independence
July 3, 2006 (LBO) – Sri Lanka's newly appointed central bank governor says he will promote the independence of the institution, which has come …
Big Slap
July 3, 2006 (LBO) – Sri Lanka's Credit Information Bureau or CRIB has warned all banks to come clean and name large scale defaulters or risk …
Choices: To appoint or advertise?
July 3, 2006 (LBO) - The Information and Communication Technology Act, No 27 of 2003, was a watershed for a number of reasons. It created a fully …
Sri Lankan president postpones visit to Bangladesh
DHAKA, July 3, 2006 (AFP) - Sri Lankan President Mahinda Rajapakse has postponed a visit to Bangladesh next week due to a full schedule at home, the …
Tigers set September 1 deadline for EU monitors to quit
KILINOCHCHI, Sri Lanka, July 3, 2006 (AFP) - Truce monitors from Denmark, Finland and Sweden must quit Sri Lanka by September 1, a Tamil rebel leader …
Eight killed in mine attacks in Sri Lanka
July 3, 2006 (AFP) - At least eight people were killed and dozens injured Monday in three mine attacks by Tamil Tiger rebels in Sri Lanka's northern …
EU ban on Tigers a huge mistake: Sinn Fein leader
July 3, 2006 (AFP) - The chief negotiator for Northern Ireland's main Roman Catholic party, Sinn Fein, was quoted by Tamil rebels in Sri Lanka as …
Hungry Tax
PARIS, July 2, 2006 (AFP) - Passengers boarding planes in France are now paying a new tax on their tickets to help the world's poor, after the …
‘Undeclared war’ in Jaffna taking its toll on Sri Lankans
JAFFNA, Sri Lanka, July 2, 2006 (AFP) - Roadside killings and night-time knocks on the door have replaced mortars and suicide bombs as the new terror …
Tigers slam UNICEF over child soldier claims
July 2, 2006 (AFP) - Sri Lanka's Tiger rebels hit back Sunday at claims by the United Nations that more than 1000 children are enlisted as soldiers, …
Freelance journalist gunned down in Sri Lanka
July 2, 2006 (AFP) - A freelance Sri Lankan journalist was gunned down near the capital Colombo on Sunday, police said, but rejected claims that the …
Money Talks
July 2, 2006 (LBO) - Sri Lanka has several unused credit lines awaiting disbursement, while small and medium industrialists complain that they cannot …
Default Data
July 2, 2006 (LBO) - A senior central banker has strongly criticized the practice of banks of not reporting influential defaulting clients to the …
Sri Lanka navy sinks rebel boat off key harbour
July 1, 2006 (AFP) - Sri Lankan gunboats sank a suspected Tamil Tiger rebel craft off the island's northern military port of Kankesanthurai, the navy …
Pied Piper
July 1, 2006 (LBO) – Retired banker Lakhman Edward is one of the many few hundred investors bold enough to track their equity portfolio through …
Sri Lanka toll hits 11 as monitors mull truce
June 30, 2006 (AFP) - At least 11 people were killed in fresh violence in Sri Lanka, the military and the Tamil rebels said Friday, as Nordic truce …