Wage Bank
June 13, 2006 (LBO) - State bank employees will get a salary hike of up to 20 percent under a new agreement with trade unions. Bank of Ceylon, People’s …
Bad weather, strong demand to keep rubber prices up this week
June 12 (LBO) - Rubber prices in Sri Lanka are expected to stay strong this week as bad weather and a resulting supply crunch drive prices upwards, brokers …
Simmering Heat
SINGAPORE, June 12, 2006 (AFP) - Oil prices were easier in Asian trade Monday, with the market waiting for the next lead on tensions over Iran's controversial …
Top Secret
June 12, 2006 (LBO) – The Sri Lankan government is to ink a deal with Lanka Indian Oil Corp, towards the end of this month, to amend the petroleum …
Sri Lanka’s new air chief follows in father’s flight path
June 12, 2006 (AFP) - Air Vice Marshal Roshan Goonetileke took command of Sri Lanka's air force Monday, 25 years after his father retired from the post. buy …
Sri Lanka accuses Tigers of ‘intransigence’
OSLO, June 12, 2006 (AFP) - Sri Lankan Foreign Minister Mangala Samaraweera on Monday accused the rebel Liberation Tigers of Tamil Eelam (LTTE) of …
Mine blast kills soldier in Sri Lanka
June 12, 2006 (AFP) - One soldier was killed and five civilians wounded Monday in two mine blasts in northern Sri Lanka as troops exchanged fire with Tamil …
Sri Lanka’s Central Bank likely to freeze main interest rates
June 12, 2006 (LBO) -- Sri Lanka's central bank is likely to keep its benchmark interest rates unchanged for the sixth month in a row, preferring a …
Indo-Lanka trade relations slip on oily issues
June 11, 2006 (LBO) – Two kinds of oil. One fires up vehicles, the other adds flavour to cooking. The two have managed to create a nasty oil spill …
Oily Cousins
June 11, 2006 (LBO) – Two kinds of oil. One fires up vehicles, the other adds flavour to cooking. The two have managed to create a nasty oil spill …
Sri Lanka peace hopes falter after talks collapse
June 11, 2006 (AFP) - Hopes for peace in Sri Lanka have all but vanished after peace broker Norway's failure to bring the opposing parties to the table, …
Five killed in Sri Lanka violence
June 11, 2006 (AFP) - At least five people were shot dead in Sri Lanka's restive northeast port district of Trincomalee and the main city of Colombo at the …
War of words over a Sri Lanka child deaths
June 11, 2006 (AFP) - Sri Lanka's Tamil Tiger rebels Sunday accused international rights watchdogs of remaining silent over the killings of 24 children …
Australian wine industry battling oversupply of grapes
SYDNEY, June 11, 2006 (AFP) - The Australian wine industry is drowning in a glut of grapes, as it struggles to sell up to one billion litres of wine sloshing …
Slow Trot
June 10, 2006 (LBO) – Sri Lanka raise fuel prices from midnight Saturday after a two-month lag to offset a surge in global oil prices, a top official …
Norway reaffirms Sri Lanka peace broker role
STOCKHOLM, June 10, 2006 (AFP) - Norway said Saturday it would continue to act as peace broker between Sri Lanka and Tamil Tiger rebels despite the recent …
Indonesia arrests 107 Sri Lankan illegal immigrants
JAKARTA, June 10, 2006 (AFP) - Indonesian officials Saturday said they have arrested more than 100 illegal immigrants from Sri Lanka in the latest crackdown on …
Olive Branch
June 9, 2006 (LBO) -- Sri Lanka plans to repay millions of dollars due to the troubled fuel retailer Lanka IOC, in cash and bonds to meet immediate purchases …
Norway blames Tamil Tigers for failed talks
OSLO, June 8, 2006 (AFP) - Norway on Thursday officially declared talks between Sri Lanka and Tamil Tigers to improve the security of foreign ceasefire …
Norway puts Sri Lanka on notice amid fresh war fears
June 9, 2006 (AFP) - Norway was reconsidering its peacebroker role Friday as Tiger rebels aborted talks and demanded the removal of ceasefire monitors from …