COLOMBO, Nov 17 - Billionaire hedge fund titan Raj Rajaratnam's shadow in Sri Lanka is so big that his arrest in the United States initially knocked 5 percent off the local stock market. But ask...
COLOMBO, Nov 10 - Sri Lanka is cautiously flexible in managing the rupee exchange rate against the U.S dollar, the central bank governor said on Tuesday. "We are cautiously flexible," Ajith Nivard Cabraal the governor...
COLOMBO, Nov 6 - Sri Lanka delivered its formal response on Friday to a European Union probe that found it in breach of international human rights laws and said it was hopeful of retaining a...
COLOMBO, Nov 2 - Sri Lanka is heading into election mode, after President Mahinda Rajapaksa's government said early presidential and parliamentary polls will be held by April. Following is a summary of five key risks...
COLOMBO, Oct 15 - Sri Lanka said on Thursday it planned to spend 361 billion rupees ($3.14 billion) in the first four months of 2010, under an interim plan aimed at plugging the fiscal gap...
COLOMBO, Sept 16 - Sri Lanka tea production is likely to fall by around 50 percent in September year-on-year, due to a nation-wide plantation labour strike, the island nation's tea board said on Wednesday. Workers...
UNITED NATIONS, April 30 - The members of the U.N. Security Council agree there is no point in punishing Sri Lanka by withholding a $1.9 billion International Monetary Fund loan or other steps, the council's...
COLOMBO, Nov 12 - Sri Lanka's garment industry unions on Thursday urged the government to address human rights concerns so that the nation did not lose European Union trade concessions worth more than $100 million...
COLOMBO, Nov 10 - A united Sri Lankan opposition on Tuesday put its weight behind state sector trade unions which are going on a five-day work-to-rule in their push for higher pay. State power, water,...
WASHINGTON, Nov 6 - The International Monetary Fund said on Friday its executive board completed a review of Sri Lanka's economic performance and released $329.4 million from a stand-by loan agreement. The IMF board also...