’t remove army barriers from North: Maithripala

Jan 01, 2015 (LBO) –Sri Lanka’s common opposition Presidential candidate Maithripala Sirisena said, that his government would not remove the military barriers from one war ravaged Northern parts of the island.

Sri Lanka policy rates steady

June 14, 2011 (LBO) – Sri Lanka’s central bank kept policy rates steady in June, saying credit peaked in April and money supply expansion may ease, and international commodity prices are also stabilizing, which will help inflation.Sri Lanka’s 12 month inflation fell to 8.8 percent in May from 9.8 percent in April and remains one […]

Sri Lanka Ports Authority loses US$10mn in 2010

June 12, 2011 (LBO) – State-run Sri Lanka Ports Authority has lost 1.1 billion rupees in 2010 partly due foreign exchange losses on Yen loans and a rising wage bill despite revenues rising 19 percent to 28.2 billion rupees, official data showed. The newspaper quoted SLPA additional managing director Norman Weerarathne as saying that 2,398 […]

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