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Sri Lanka to publish accurate private savings number

Apr 10, 2013 (LBO) – Sri Lanka will consider publishing an accurate number for private savings from next year, separating out state enterprises which are …

April 10, 2013 | Economy | Read More

Sri Lanka has to keep inflation in mid single digits to grow: CB Governor

Sept 21, 2012 (LBO) – Sri Lanka has to keep inflation in mid single digits allowing interest rates to be in single digits helping keep annual economic …

September 21, 2012 | Economy | Read More

Sri Lanka power utility battles monsoon failure

Sept 09, 2011 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board which has been badly hit by a failure of the island’s main monsoon is …

September 9, 2011 | Power | Read More

Sri Lanka among Asian countries struggling with capital inflows: IMF official

Feb 26, 2011 (LBO) – Sri Lanka is among Asian nations struggling with capital inflows driven by excessive money printed in advanced nations, raising the …

February 26, 2011 | Economy | Read More

Sri Lanka reservoirs may need larger sluice gates, canals

Feb 14, 2011 (LBO) – Sri Lanka’s reservoirs including those planned or under construction may have to be re-designed with larger spill gates and …

February 14, 2011 | Agriculture | Read More

US should stay off further stimulus: John Taylor

Aug 26, 2010, Palo Alto (LBO) – Though US economic growth is ‘fizzling out’ there is unlikely to be a double dip recession and new ad hoc …

August 26, 2010 | Economy | Read More

Sri Lanka leisure industry in boom but profits still elusive

July 20, 2010 (LBO) – Sri Lanka’s hoteliers say 10 billion US dollars have to be invested to more than double the country’s hotels rooms to …

July 20, 2010 | Tourism | Read More

Sri Lanka Jetwing eyes East Asia from Vietnam base

Mar 29, HANOI (LBO) – With a firm foothold in Vietnam, Sri Lanka’s Jetwing leisure group is looking to expand further into fast growing tourism …

March 29, 2010 | Tourism | Read More

Sri Lanka and Vietnam can build stronger economic links: envoy

HANOI, Mar 27, 2010 (LBO) – Sri Lankan businesses have opportunities to get into the service sector in fast growing Vietnam while benefiting from …

March 27, 2010 | Economy | Read More

Sri Lanka loosened monetary policy without damage: IMF

HANOI, Mar 23, 2010 (LBO) – Sri Lanka was among the countries that ran counter-cyclical monetary policy in 2009 without damaging fallouts but low income …

March 23, 2010 | Economy | Read More

Vietnam lauds role of policy advice, international support, in recovery

Hanoi, Mar 22, 2010 (LBO) – International support and policy advice on macro-economic management has helped Vietnam recover from a slowdown in 2009 and …

March 22, 2010 | Economy | Read More

Sri Lanka expects more support from multilateral lenders: Treasury chief

HANOI, Mar 22, 2010 (LBO) – Sri Lanka is looking for more flexibility and backing from multilateral lenders as the country emerges from a war and a …

March 22, 2010 | Economy | Read More

IMF Vietnam forum debates post-crisis way forward for developing Asia

HANOI, Mar 22, 2010 (LBO) – Government officials, international financial institutions and policy researchers are discussing developing Asia’s …

March 22, 2010 | Economy | Read More

Sri Lanka meets quantitative targets under IMF program: CB Governor

Sept 28, 2009 (LBO) – Sri Lanka has met the key end-September quantitative targets under an International Monetary Fund program, Central Bank Governor …

September 28, 2009 | Economy | Read More

Sri Lankans ask whether the US is a socialist state

Aug 28, 2009 (LBO) – Sweeping ‘nationalization’ of collapsing banks, state mandated mortgage lending and centrally planned interest rates has …

August 28, 2009 | Economy | Read More

Sri Lanka monetary authority in offbeat IMF-style deal with US fund

Aug 22, 2009 (LBO) – Sri Lanka’s Central Bank has acquired 875 million US dollars from a large US fund in an offbeat deal effectively by-passing …

August 22, 2009 | Economy | Read More

Sri Lanka Jetwing expands overseas, links with Nepal firm

Aug 08, 2009 (LBO) – Sri Lanka’s Jetwing leisure group is expanding abroad, building links with foreign partners, including Nepal’s Chaudhary …

August 8, 2009 | Tourism | Read More

Sri Lanka IMF deal fine print will increase confidence: analysts

July 22, 2009 (LBO) – An International Monetary Fund loan will beef up Sri Lanka’s external solvency but it will raise investor confidence further …

July 22, 2009 | Economy | Read More

Sri Lanka plans ambitious 7.0-pct deficit under IMF program

July 21, 2009 (LBO) – Sri Lanka is planning a budget deficit of 7.0 percent of its economy under a plan agreed with the International Monetary Fund, …

July 21, 2009 | Economy | Read More

Sri Lanka foreign funding case strengthened by IMF loan: CB Governor

July 21, 2009 (LBO) – Sri Lanka will have more options to tap foreign investors after it gets a 2.5 billion US dollar standby loan from the International …

July 21, 2009 | Economy | Read More
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