Sri Lanka’s city development agency to issue a billion rupees in bonds
June 21, 2006 (LBO) - Sri Lanka's Urban Development Authority (UDA) plans to raise a billion rupees in bonds to finance an office development …
All News
Govt talks to Russia for lower cost fertiliser imports
June 20 (LBO) - The government is in talks with Russia to source the country's fertiliser needs at lower cost, bypassing local agents for …
Tigers support peace drive, doubts over European monitors
June 20, 2006 (AFP) - Sri Lanka's Tamil Tiger rebels Tuesday reaffirmed their commitment to a truce despite surging violence, but said the future of …
Sri Lanka policy turns more hawkish
June 20, 2006 (Dow Jones)--Sri Lanka's central bank signaled a more hawkish stance when it increased its policy rates sooner than expected last week. …
Tourists travel cautiously May arrivals show slow growth
June 20, 2006 (LBO) – Tourist arrivals to Sri Lanka showed slow growth in May as local violence grows and travel from some European and South …
Sri Lanka government issue dollar bond issue at lower rates
June 20 (LBO) - A Sri Lanka government dollar bond issue targeting local investors was oversubscribed Tuesday, allowing the government to roll-over …
Calling Home
SINGAPORE, June 20, 2006 (AFP) - Future expansion in the mobile telephone business will come from developing economies whose less than affluent …
Zipping Through
June 20, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest fixed line operator, plans to rollout a 200 million rupee project next …
Sri Lanka acuses tigers of attacking historic Buddist temple
June 20, 2006 (AFP) - Sri Lanka Tuesday accused Tamil Tiger rebels of attacking a historic Buddhist temple in the island's east amid fresh moves by …
Bald Spot
June 19, 2006 (LBO) – A new securities law giving legal muscle to companies who raise debt by securitising the assets are likely to come …
Sri Lanka’s tourist board chief prevented from leaving the country
June 19, 2006 (LBO) - The chairman of the Sri Lanka’s tourist board was prevented from leaving the country at the Bandaranaike International …
Bangladesh garment workers to stage fresh protests for wage hikes
DHAKA, June 19, 2006 (AFP) - Bangladesh garment workers will stage a series of mass protests this week to demand a 30 percent salary hike amid …
Media blitz against child sex tourism in Sri Lanka
COLOMBO, June 19, 2006 (AFP) - The United Nations agency for children Monday announced the launch of a media campaign to discourage the sexual …
How the UN’s new Human Rights Council works
GENEVA, June 19, 2006 (AFP) - The new UN Human Rights Council, which started its first-ever session here Monday, is made up of 47 nations who pledged …
Joint Force
FRANKFURT, June 19, 2006 (AFP) - Finnish telecommunications giant Nokia and German rival Siemens said Monday they would merge their telecoms …
Outback PC
June 19 (LBO) – Intel Corp together with Sri Lanka’s ICT Agency will soon pilot a rugged alternative to the conventional PC for rural …
Sri Lanka invites Tigers to talks after bloody weekend
June 19, 2006 (AFP) - Sri Lanka Monday invited Tamil Tiger rebels to negotiate peace and save their collapsing ceasefire as two more soldiers were …
Fuel Buddies
June 19, 2006 (LBO) – Clubbing with big brother Emirates Airlines to get bulk fuel discounts and hedging oil prices on future markets has …
Sri Lanka police investigate Tigers’ limpet style sea mines
June 18, 2006 (AFP) - Sri Lankan police Sunday were investigating a new type of improvised sea mine developed by Tamil Tiger rebels to target naval …
Taxing Problem
June 18, 2006 (LBO) - Sri Lanka's financial sector has been a favorite target of fiscal authorities during the past few years. In addition to an …
Sri Lanka army chief in Singapore for treatment after bomb attack
June 18, 2006 (AFP) - Sri Lanka's army chief Sarath Fonseka who survived a suicide bomb assassination attempt two months ago has been flown to …
Alert after Sri Lanka fighting, fresh mine kills three police
June 18, 2006 (AFP) - A mine attack blamed on Tamil Tiger rebels killed three Sri Lankan police Sunday following a day of fierce land and sea battles …
Burning Low
June 18, 2006 (LBO) – Sri Lankans have been urged to crawl under the sheets early, turn up the heat on air-conditioners and give up late night …
Sea battle kills at least 51 in Sri Lanka
June 17, 2006 (AFP) - At least 15 Sri Lankan naval troops, 30 Tamil Tiger rebels and six civilians were killed in major sea and land battles along …