Foreign loans, overseas remittances, keep Sri Lanka floating
May 15 (LBO) – Sri Lanka's balance of payments (BOP) has recorded a 150 million dollar surplus for the three months to March, the Central Bank said …
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Breaking Ground
May 11 (LBO) – Sri Lanka began construction of it first coal power plant on Thursday in Norachcholai on the island's West Coast, amidst protests by …
Violence, oil cast shadow on Sri Lanka
May 11 (Dow Jones)--The course of Sri Lanka's peace process has become crucial to the country's economy, as high oil prices threaten double-digit inflation. …
World Bank unlikely to cut cheap aid to Sri Lanka despite rising incomes
May 03 (LBO) – The World Bank has not taken a decision to end concessionary lending to Sri Lanka despite the tsunami-hit island reporting more than 1,000 …
Government agencies claim two rates of growth for Sri Lanka
May 01 (LBO) - The claims of two different growth rates for Sri Lanka by two agencies have highlighted inherent shortcomings in the preparation of national …
Sri Lanka’s April inflation swings up
Apr. 28 (LBO) – Sri Lanka’s inflation rate for April rose over consumer demands for bananas, fresh fish, milk foods and vegetables during the …
Sri Lankan exports fall as earnings from clothes decline
Apr.27 (LBO) – Exports from Sri Lanka fell four percent for the two months to February as the island shipped fewer clothes, the central bank said …
Sri Lanka aid donors to meet in Oslo
OSLO, Apr. 27, 2006 (AFP) - Sri Lanka's main international aid donors will meet in Oslo on Friday to brainstorm on how best to provide assistance against a …
Sri Lanka’s Central Bank calls for better fiscal policies to maintain stability
Apr.27 (LBO) - Sri Lanka's Central Bank has called for better fiscal policies and continued reforms to maintain growth and economic stability, in its annual …
Sri Lanka forecasts 1Q06 GDP at 6.8%
Apr. 26 (LBO) – Sri Lanka's economy is expected to grow at an annual pace of 6.8 percent during the first quarter of 2006, despite setbacks in the peace …
Tigers provoking backlash with killings: Sri Lanka
Apr. 24 (AFP) - Suspected Tamil Tiger rebels hacked to death a mother feeding her baby after gunning down six farmers in a killing spree designed to provoke a …
Rights group slams Sri Lanka for not saving Tamil civilians
Apr. 25 (AFP) - Sri Lankan security forces stood by as Sinhalese mobs murdered Tamils after a suspected Tamil Tiger bomb attack earlier this month at a busy …
More killings send tension soaring in Sri Lanka
Apr. 25 (AFP) - Tension gripped Sri Lanka's north-eastern Trincomalee district Tuesday after an overnight killing of a hotel owner police say was designed to …
Woman suicide bomber kills 10, wounds Sri Lanka army chief
Apr. 25 (AFP) - A Tamil Tiger suicide bomber pretending to be pregnant blew herself up Tuesday seriously wounding Sri Lanka's army chief and killing 10 others, …
Suicide bombing blow to peace bid: monitors
Apr. 25 (AFP) - A suicide bombing aimed at Sri Lanka's army chief was "another serious blow" for a fragile ceasefire and attempts to broker peace between the …
Blasts heard in Sri Lanka rebel territory after suicide attack
Apr. 25 (AFP) - Loud explosions were heard in rebel-held parts of Sri Lanka Tuesday after the government accused Tamil Tiger guerrillas of a suicide bombing …
Sri Lankan troops kill two Tiger suspects amid new tensions
Apr.24 (AFP) - Sri Lankan troops shot dead two men who were trying to set up a Claymore mine Monday intended for security forces in the island's east, a …
Sri Lanka seeks Tiger ban in Europe as toll hits 14
Apr. 23 (AFP) - Sri Lanka Sunday asked the European Union to designate Tamil Tiger rebels as terrorists, saying such a move could nudge them into resuming …
More blasts in Sri Lanka as Norway mounts new peace bid
Apr.21 (AFP) - Three policemen were killed and three injured in two mine attacks in Sri Lanka Friday, police said, as Norway launched a fresh bid to save the …
Four more killed in Sri Lanka violence
Apr. 20 (AFP) - At least four people were killed in Sri Lanka on Thursday as a Norwegian peace envoy headed for talks with Tamil Tiger rebels on saving the …