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A group of visiting Japanese parliamentarians to the country paid a handsome tribute to Sri Lanka when they met Prime Minister D.M. Jayaratne last week.

Assistant Secretary of State for South and Central Asian Affairs Robert Blake said that Sri Lanka achieved a milestone when the government successfully defeated the LTTE in May 2009 ending the three decade long conflict.

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

Sri Lanka’s jailed ex-military chief Sarath Fonseka, who fell out with the president after the army’s crushing defeat of Tamil rebels, has rejected a government offer to consider clemency, his wife said Friday.

COLOMBO: Sri Lanka’s president is willing to reconsider the jail term imposed on ex-army chief Sarath Fonseka, who was court-martialled after falling out with his boss after the government victory over Tamil rebels last year, a press report said. The privately-run Island newspaper quoted top defence official Gotabhaya Rajapakse, who is also the president’s younger [...]

Sri Lanka’s president is willing to reconsider the jail term imposed on ex-army chief Sarath Fonseka, who was court-martialled after falling out with his boss after the government victory over Tamil rebels last year, a press report said.

After being the best performing stock market globally for nearly two years, investor sentiment is be

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

Sri Lanka’s ex-army chief Sarath Fonseka, who led troops to victory over Tamil rebels to end a decades-long civil war, on Thursday began 30 months in jail after the president confirmed the sentence.

Sri Lanka’s president confirmed a 30-month jail term for his ex-army chief Sarath Fonseka, who led troops to victory over Tamil rebels and ended a decades-long civil war, officials said Thursday.

Sri Lanka’s president approved a 30-month jail term for his former army chief and political rival Thursday, confirming a military court verdict that he was guilty of fraud. The decision may disqualify the ex-general from continuing as an opposition lawmaker.

Sri Lanka’s president confirmed a 30-month jail term for his ex-army chief Sarath Fonseka who led troops to victory over Tamil rebels.

Sri Lanka’s president endorses the 30-month jail term of former army chief Sarath Fonseka, the president’s office tells the BBC.

Sri Lanka’s president has confirmed the 30-month jail term imposed on former army chief Sarath Fonseka following his conviction by a military court, an official said Thursday.

Sri Lanka’s president has confirmed the 30-month jail term imposed on former army chief Sarath Fonseka following his conviction by a military court, an official said Thursday.

Sri Lanka’s president has confirmed the 30-month jail term imposed on former army chief Sarath Fonseka following his conviction by a military court, an official said Thursday. President Mahinda Rajapakse approved the prison sentence for a period of two-and-a-half years after returning Wednesday from New York where he addressed the UN General Assembly, a senior [...]

The Japanese government affirms that out of all the developing nations in the world Sri Lanka has become one of the major hot spots in the global economy to attract foreign direct investment.

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

Sri Lanka’s inflation outlook is “benign” and consumer price gains won’t reach double-digits, Governor Ajith Nivard Cabraal said.

Environmentalists in Sri Lanka express concern over government plans to build a nuclear power plant by 2025.

Boycott Sri Lanka Campaign launched by US Tamil Political Action Council (USTPAC) held simultaneous protests in 16 US cities and half-a-dozen locations in the UK. Stanford University students join rally in San Francisco in front of GAP and Victoria’s Secret stores.

  One year after the end of Sri Lanka’s civil war, the Minister of External Affairs said a multifaceted approach to reconstruction is necessary to ensure a lasting peace. Speaking with Executive Vice President Jamie Metzl at Asia Society’s New York headquarters, Gamini Lakshman Peiris spoke of a need for openness as the country heals [...]

Sri Lanka comes to market with its largest and longest-dated sovereign ever, achieving the objective of extending its yield curve to 10 years.

COLOMBO, Sri Lanka, Sept. 28 (UPI) — Torrential rains in Sri Lanka caused at least one death and extensive flood damage Tuesday, displacing hundreds of families, officials said. Sri Lanka - Asia - Government - Travel and Tourism - Embassies and Consulates

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

Sri Lanka’s main opposition accuses the authorities of undermining democracy by intimidating parliamentarians.

Sri Lanka received more than $6 billion of orders for its global sale of $1 billion in government debt, according to an official, who asked not to be identified because the details have yet to be announced.

Sri Lanka’s stock rally may enter a “blow-off phase” as stock splits help draw individual investors to the world’s second-best performer this year, according to Nomura Holdings Inc.

Standard & Poor’s Ratings Services today assigned its ‘B+’ senior unsecured debt rating to the proposed U.S. dollar-denominated global benchmark-size bond issue, maturing in 2020, by the Democratic So

* Bonds to yield 6.25 pct, lower end of revised range

COLOMBO, Sri Lanka, Sept. 27 (UPI) — A former military commander and opposition leader has gone on trial over war crimes accusations against the Sri Lanka government. Sri Lanka - Asia - Government - Colombo - War crime

Sri Lanka sold $1 billion of dollar-denominated bonds due in 10 years, the nation’s second overseas debt sale since the end of a 26-year civil war in May 2009.

Sri Lanka has received bids of more than $2.5 billion for its 10-year dollar bond, and the deal looks set to price tighter than the expected 6.5 percent, sources said on Monday.

Rising labour costs in China present an opportunity for Sri Lanka to attract foreign companies seeking an alternative low-cost manufacturing base, President Mahinda Rajapaksa said in an interview with The Wall Street Journal published on September 22, 2010.

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

The trial of former Sri Lankan army commander Sarath Fonseka is adjourned.

COLOMBO, Sept 28 (Reuters) - Sri Lanka’s central bank governor said on Tuesday he was pleased with the pricing of the country’s $1 billion, 10-year sovereign bond and its strong reception from investors, but added the island nation will be looking for even better rates in the future.

* Pricing seen at tight end of 6.25-6.375 pct guidance

Sri Lanka plans to sell $1 billion of dollar-denominated bonds due in 10 years, the nation’s second overseas debt sale since the end of a 26-year civil war in May 2009.

Sri Lanka hired banks to help it with a benchmark sale of 10-year dollar bonds, according to a person familiar with the matter.

The statement made by the United Nations spokes person and the news release from Sri Lanka’s President office, after the meeting between the UN Secretary General Ban Ki Moon, and Sri Lanka’s President Mahinda Rajapaksa in New York Friday raised doubts if there is any collusion between the two officials to interfere with the mandate [...]

An Asia Cooperation Dialogue (ACD) Ministerial Meeting took place in New York, on the sidelines of the UN General Assembly Sessions. At this meeting External Affairs Minister Prof G L Peiris handed over the Chair of the ACD to the Iranian Foreign Minister M Mottaki.

Sri Lanka’s health indicators are commendable and they stand high when comparing with the health indicators of other Asian countries.

United Nations Secretary General Ban Ki-Moon congratulated President Mahinda Rajapaksa on the success in the two elections to the Presidency and a new Parliament.

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

Sri Lanka is a very price attractive and competitive tourist destination in the world Indian Hotels Company Limited Senior Vice President Sales and Marketing Ajoy K Misra told Daily News Business. “Sri Lanka was one of the best tourist destinations in the sub continent even during the war.

Jonathan Miller writes on the aftermath of Sri Lanka’s gruelling war with the Tamil Tigers and whether there will be an investigation into the deaths of Tamil civilians during the fighting.

Why the world should be worried about Sri Lanka’s deepening ties with China. read more

Colombo, Sept 26 (PTI) With over 90 per cent of resettlement of LTTE war displaced civilians completed, the Sri Lankan government is mulling to hold provincial elections in the once restive north by early next year.

Sri Lanka Army (SLA) troops are moving into Paduvaankarai area occupying camps vacated by Special Task Force (STF) of Sri Lanka Police. STF has started withdrawing from their camps located in the villages of Vellaaveli, Paalaiyadiveddai, Periya Poaratheevu and Maavadi Munmaari in Paduvaankarai area since Saturday.

Sri Lanka has incorporated Millennium Development Goals key performance indicators in its national budget policies, President Mahinda Rajapaksa told the UN Millennium Development Goals (MDGs) Summit in New York last week.

The Atomic Energy Authority (AEA) is to carry out a feasibility study to look into the possibilities of harnessing nuclear power to switch over to least cost power generation.

Colombo, Sep 25 (PTI) Colombo and New Delhi have agreed on intelligence sharing to combat an upsurge in terror activities in the region, amid reports that the Pakistan-based militant group LeT was planning to use Sri Lanka as a staging ground to enter India.

Britain’s long-haul travellers will find that their pound will stretch furthest in Sri Lanka, Mexico and the Far East this winter, according to new research into holiday costs.

The International Monetary Fund on Friday agreed to release around 213 million dollars to Sri Lanka designed to top up the island’s dwindling foreign reserves.

The Asian Legal Resource Centre (ALRC) is extremely concerned by the giant steps down the path to autocracy being taken in Sri Lanka, and the serious impact that this will have on human rights.

Sri Lanka President Mahinda Rajapaksa on Thursday defended the controversial amendment to the Constitution that did away with Presidential term limits and gave him control over public institutions as a change reflecting what the people want. Sutirtho Patranobis reports.

Sri Lanka can achieve better economic development in the near future.

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

Sunway Holdings Bhd ( 4308 ) will launch its RM250 million flagship commercial and residential project in Colombo, Sri Lanka, by the second quarter of next year.