Wobbly start for Sri Lanka’s 2006 budget presentation
Sri Lanka's annual budget presentation got off to an inauspicious start with the main opposition party boycotting the proceeding, while government benches were …
Tax changes in 2006 budget
VAT on Financial Services Sri Lanka to hike value added taxes and excise duties to fund its welfare budget, finance minister Sarath Amunugama said Tuesday. VAT …
Taxes hiked on Financial Services, alcohol,
VAT on Financial Services Sri Lanka to hike value added taxes and excise duties to fund its welfare budget, finance minister Sarath Amunugama said Tuesday. VAT …
Punters cash out of Colombo bourse pre-budget
Punters at Sri Lanka’s tiny stockmarket, cashed out on budget day with poor postal voter turnout in the North and East also adding to investors woes, brokers …
Budget – losing its significance?
While the ‘pre Presidential poll’ budget is being sidelines as election propaganda, the country’s overall financial planning process is also losing its …
Renewable Bonds
The government plans to roll out a “Renewable Energy Support Bond” for Rs. online pharmacy buy diflucan with best prices today in the USA buy zofran online …
Sri Lanka picks Citigroup to raise dollar loan
Sri Lanka has picked Citigroup Inc., of US to lead arrange a US$ 100 million syndication loan for the government, Finance Minister Sarath Amunugama said …
Getting More Interesting
If last week's Extraordinary General Meeting vote of the Commercial Bank went ahead as planned the Chairman Mahendra Amarasuriya might have won considering the …
Cake Walk
Sri Lanka's Hatton National Bank said Monday that it posted a 777 percent growth in post tax profits for the three-months to Sept 2005. online pharmacy buy …
Candy Man
Sri Lanka plans to lean on foreign aid and debt relief to trim its deficit, though Tuesday’s budget will be sugar coated to woo voters in the run up to next …
Business As Usual
Commercial Bank will expand its off-shore banking operations outside the country after raising US$ 65 million from international capital markets. online …
Coming Together
Ministers of South Asian countries keen to promote tourism met in Colombo after Sri Lanka expressed interest to join the region grouping that was financed by …
Butt end Budget
The presidential election has cast a cloud over the budget making it less important to investors and the private sector in general. online pharmacy buy abilify …
Clear Line
Fixed line giant Sri Lanka Telecom on Monday was granted special leave to appeal a Court of Appeal ruling against its last tariff revision. Fixed line giant …
Budget – losing its significance?
While the ‘pre Presidential poll’ budget is being sidelines as election propaganda, the country’s overall financial planning process is also losing its …
India to replace UK as the number one tourists market
Visiting Indians, who pop over for business and shopping bargains, is likely to replace the United Kingdom as the biggest tourism market for Sri Lanka this …
Sri Lanka’s private sector cold shoulders next week’s budget
Budget 2006 goes to Parliament next week, but Sri Lankan businesses are not showing the interest usually reserved for a national budget. online pharmacy buy …
Sri Lanka PM vows no more war on campaign trail with troops in Jaffna
Sri Lanka's prime minister and presidential hopeful met Friday with troops in the Tamil heartland and vowed there would be no more war with Tiger rebels. Sri …
Policy Measures
Sri Lanka’s cabinet of minister gave the go ahead on Thursday to increase the minimum solvency margins for insurance firms to Rs. online pharmacy buy …
Bargain Prices
Riding on the ongoing peace deal, Commercial Bank of Ceylon has raised US$ 65 million via a two-year syndicated loan at rates much lower than the Sri Lankan …