Wider Reach
June 07, 2011 (LBO) – Sri Lanka’s Richard Pieris group wants to cash in on the post-war consumer spending boom by rapidly expanding its chain of …
Sri Lanka needs high gear government to drive economic engine: official
June 18, 2010 (LBO) – Sri Lankan private sector is the engine of growth and the government should embrace the Japanese example and formulate policies …
Sri Lanka should avoid excessive debt: Malaysia’s Mahathir
June 11, 2010 (LBO) – Sri Lanka should target investment led growth and minimize borrowings which could lead to a future debt crisis, former Malaysian …
Sri Lanka Confifi hotel shares up on take-over play
May 26, 2010 (LBO) – Sri Lanka’s Confifi group hotels shares rose 46 percent to 318 rupees Wednesday with buyers expecting a battle for management …
Sri Lanka will use presidential powers to fix economy: minister
May 09, 2010 (LBO) – Sri Lanka’s president Mahinda Rajapaksa who crushed a 30-year separatist war in the island and won landslide election last …
Sri Lankan private pension funds encouraged to enter equities: SEC chairman
Apr 02, 2010 (LBO) – Pensions funds operated by private firms would be encouraged to invest more in the stock market and legal hurdles that prevented …
Sri Lanka’s main opposition touts new policies
Mar 23, 2010 (LBO) – Sri Lanka’s right wing United National Party (UNP) promises socialist style intervention to fix economic problems by clamping …
Sri Lanka tax system, state consumption hurting private investment: analysts
Mar 10, 2010 (LBO) – Sri Lanka’s high income taxes is making local firms weaker against others in developing countries, while a government living …
Sri Lanka can build more infrastructure with project specific bonds: rating expert
Feb 09, 2010 (LBO) – Sri Lanka should follow Malaysia’s example in selling project specific bonds for infrastructure, which will give confidence …
Sri Lanka employers should have closer dialogue with workers: ILO
Mar 02, 2010 (LBO) – Businesses can ride out economic downturns easier by having stronger relations with their workers through collective bargaining; an …
Sri Lankans should ask for single digit wage hikes: Treasury official
Nov 11, 2009 (LBO) – Sri Lankan workers should ask for to 3.0 to 5.0 percent annual wage hikes with the Central Bank targeting low inflation in the …
South Asian broadband stuck in international bottleneck: study
CHENNAI, Nov 09, 2009 (LBO) – South Asian surfers get slower and less reliable broadband internet connections for every dollar spent despite compared to …
Sri Lanka can balance growth with environment: expert
July 09, 2009 (LBO) – Sri Lankan policy makers should not over emphasize on pollution control as the economy is still at a early development stage, as it …
Sri Lanka public enterprises eating development capital: minister
June 29, 2009 (LBO) – Sri Lanka’s state enterprises are eating capital that could have been used for the country’s growth, while some workers …
Sri Lanka still negotiating IMF deal: minister
June 24, 2009 (LBO) – Sri Lanka is still negotiating with the International Monetary Fund for a bailout package, and the first tranche may come in two …
Sri Lanka apparel maker in post-war manufacture
June 16, 2009 (LBO) – Brandix, a top Sri Lankan apparel maker, is planning to boost production at a factory built in Batticaloa, a former war-torn area …
Sri Lanka private sector, UNHCR pave the way for returning refugees
June 12, 2009 (LBO) – A United Nations agency is getting private sector support to help re-settle a part of the 660,000 refugees in the country who are …
Sri Lanka needs help to meet refugee challenge: UN chief
May 23, 2009 (LBO) – The UN chief Ban Ki-moon who pressed for access to camps housing nearly 300,000 refugees in northern Sri Lanka says more help is …
Sri Lanka’s private sector must lead post-war revival: UNDP
May 10, 2009 (LBO) – Re-building Sri Lanka’s war-ravaged north and east should be eventually driven by the private sector, rather than an …
Sri Lanka will be more attractive to investors after IMF bailout: CB official
Apr 14, 2009 (LBO) – Sri Lanka will become more attractive for investors once an International Monetary Fund stamp of approval comes with a bailout …