Nation's Bottom Line Blog

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Sri Lanka raises defence spending by six percent

COLOMBO — Sri Lanka announced Tuesday it would raise defence spending by six percent in 2011

World Cup tickets to go on sale in Lanka this week

Tickets for the 12 games of World Cup 2011 in Sri Lanka, which will take place between 20 February - 29 March, will go on sale on Thursday (October 21)

Wayamba's sex enhancer advert under probe

It is being reported that the sex-enhancing drug promoted by Sri Lanka Cricket’s Wayamba team at the recent Champions League in South Africa, has come under fire from the Indian Consumer Guidance Society

Indian Bank gets nod for branch in Jaffna

NEW DELHI: State-owned Indian Bank has got approval from the Reserve Bank India to open a branch in Jaffna, Sri Lanka, and expects the branch to be functional by the end of December.

Lanka hailed as destination for Film Producers by Movie 'Location Guide'

Sri Lanka has earned a rave review as a destination for movie and broadcast productions in the 2011 edition of The Location Guide, the film industry's bible for selecting movie and commercial production locales.

Central Bank maintains policy rates unchanged

In its latest monetary policy review, the Central Bank of Sri Lanka has decided to keep policy rates unchanged.