Petropolitics
Government subsidized petroleum based products by up to Rs. 16 billion last year and face a similar subsidy this year if fuel prices continue at current levels …
Central Bank cuts 2005 GDP growth estimate to 5.3 % form 6% ealier
The Central Bank Friday revised its GDP growth estimates for 2005 from 6 percent before the tsunami to 5.buy xifaxan online buy xifaxan online no prescription …
Monetary expansion to be kept at 15% to spur over 6% growth
Policy makers hope to rein in monetary expansion to 15 percent in 2005, down from a high of 19.6 percent at the end of 2004. Policy makers hope to rein in …
Tamil journalist shot dead in Sri Lanka
A Tamil journalist was found shot dead in the Sri Lankan capital Colombo Friday, hours after unidentified men abducted him from a restaurant, police and …
Top Tamil journalist killed, Sri Lanka orders probe
Sri Lanka's government Friday ordered a "full scale investigation" into the slaying of a senior Tamil journalist who was abducted overnight as he left a …
Tweaking Terms
Sri Lanka plans to change the terms of controversial petroleum asset sale deal, mandating a third player to secure fuel supplies from state-run Ceypetco's …
Oil, fertiliser and fabric swelled Sri Lanka’s import bill by 10%
Oil, fertiliser and fabric swelled Sri Lanka’s import bill by 9. buy ventolin online https://aclsedu.com/wp-content/cache/autoptimize/js/html/ventolin.html …
Buddhist monk watches horror on highway as 35 perish in bus-train crash
A Sri Lankan video cameraman films the wreck of a passenger bus which collided with a train near the town of Polgahawela, some 80 kilometres (50 miles) …
Govt., needs to take up long term reforms to sustain growth after tsunami rebuilding
Tsunami rebuilding is expected to spur growth in the short term but economists say the government needs to phase out aid flows and cap spiralling inflation for …
Sri Lanka fishes for bigger bite of world ornamental fish market
Sri Lanka is fishing for a bigger bite of the world ornamental fish market, with targets set for 10 percent of global billings by 2010. Sri Lanka is fishing …
Despite shocks, Asia-Pacific economies make best showing since 2000: UN
BANGKOK, April 25 (AFP) - Shrugging off a stream of disasters and shocks, the Asia-Pacific region last year managed to post its strongest economic gains since …
Sri Lanka warns Tigers against provoking troops, vow to ‘protect peace’
Sri Lanka accused Tamil Tiger rebels of provoking government security forces and said the military was ready to take action to "protect peace," a state-run …
Sri Lanka grants amnesty to 70,000 military deserters
Sri Lanka has offered to drop court martial proceedings against 70,000 military deserters as part of a drive to overhaul the security forces, the defence …
May Day Resolutions
Sri Lanka's government has promised lending agencies to turn a new leaf after May Day, kicking off the process with a hike in fuel prices, LBO learns. online …
Sri Lanka faces new crisis over tsunami deal with Tigers
A main Marxist party in Sri Lanka's ruling coalition Wednesday issued a fresh warning to the government not to go ahead with a Norwegian-brokered deal with …
South Asia needs to do more to reach Millennium Development Goals
South Asia still lags behind on some Millennium Development Goals (MDG), with more work needed in bridging income gaps, access to education and bringing down …
Norway envoy in talks amid tension in Sri Lanka
Norwegian peace envoy Erik Solheim opened talks with officials here Monday amid growing concern for the stability of a ceasefire between Sri Lankan troops and …
Sri Lanka feels the benefits of debt moratorium
Though there are doubts about how soon the US$ 2 billion aid pledge can be drawn down, the government is already getting the benefits of the debt moratorium. …
Norway in new peace drive in Sri Lanka amid escalating violence
Norwegian special envoy Erik Solheim arrived here Sunday for a fresh attempt to revive Sri Lanka's deadlocked peace talks with Tamil Tiger rebels, an official …
Sri Lanka trooper kills three in New Year rage
A Sri Lankan soldier enraged over not being given home leave for the traditional New Year shot dead his superior officer and two colleagues Saturday, officials …