Economy

Sri Lanka expects 8.0-pct growth, 5.2-pct budget deficit in 2014

Nov 21, 2013 (LBO) - Sri Lanka is expected to grow 8. online pharmacy buy spiriva inhaler with best prices today in the USA buy naprosyn online …

Sri Lanka state carriers to get US$200mn bailout

Nov 21, 2013 (LBO) - State-run SriLankan Airlines and Mihin Lanka will be given 200 million US dollars bailout in the 2014 budget, President Mahinda Rajapaksa …

Sri Lanka offers tax breaks for R&D, royalties

Nov 21, 2013 (LBO) - To encourage research and development a tax deduction will be raised to 300 percent, and royalties will be made tax free, President …

Sri Lanka to impose 2-pct tax on banks, ups export and import taxes – Updated

Nov 21, 2013 (LBO) - A two percent nation building tax will be imposed on banks, export taxes will be charged on cinnamon and pepper and import taxes will be …

Sri Lanka to tax land leased to foreigners at 15-pct

Nov 21, 2013 (LBO) - Sri Lanka will stop the freehold sale of state or private citizen's land to foreigners and will charge a 15 percent tax on leases, …

Sri Lanka has to guard against external risks: IMF

Nov 20, 2013 (LBO) - Sri Lanka has expressed a commitment to keep the budget deficit down next year, but the country has to guard against external risks and …

Sri Lanka state revenues down in first half, current expenses flat

Nov 20, 2013 (LBO) - Sri Lanka's state revenues were down 7. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy abilify with …

Sri Lanka weak state revenue raises queries on taxless growth: legislator

Nov 20, 2013 (LBO) - Sri Lanka's weak revenue collections in the first half of the year raised questions about the accuracy of gross domestic product …

Sri Lanka consumer durables group, sales, profits drop

Nov 18, 2013 (LBO) - Profits and revenues at Singer (Sri Lanka) Plc, a top consumer durables seller dropped 67 percent to 62 million rupees in the September …

Small states seek Commonwealth backing for cheap credit at Sri Lanka meet

Nov 17, 2013 (LBO) - Small states are seeking endorsement from Commonwealth leaders at a in their bid to regain access to cheap finance from multilateral …

Sri Lanka GDP grows 7.8-pct in 2013 third quarter: Census Dept

Nov 15, 2013 (LBO) - Sri Lanka's gross domestic product expanded 7. buy valtrex online http://sinusys.com/images/icons/png/valtrex.html no prescription …

Yellen says printing to continue, denies bubble charges

WASHINGTON, November 14, 2013 (AFP) - Janet Yellen, the White House nominee to lead the Federal Reserve, said Thursday that the central bank's stimulus must …

Sri Lanka exports up 11-pct in September

Nov 15, 2013 (LBO) - Sri Lanka's exports rose 11 percent to 890 million US dollars with apparel exports surging 27 percent to 386 million US dollars amid a …

Calls for travel and food freedoms at Sri Lanka Commonwealth meet

Nov 15, 2013 (LBO) - The Commonwealth was home to half the world's hungry and their pain can be eased by freeing access to food, Australian Prime Minister Tony …

Sri Lanka Commonwealth biz forum begins today

Nov 12, 2013 (LBO) - A three day Commonwealth business forum kicks off today where investment prospects of Sri Lanka and several countries will be showcased …

Sri Lanka Commonwealth biz forum can create wealth, cut poverty: President Rajapaksa

Nov 12, 2013 (LBO) - A Commonwealth business forum in Colombo can forge new partnerships that can create wealth and reduce poverty, Sri Lanka's President …

Sri Lanka Commonwealth Biz forum the largest ever

Nov 12, 2013 (LBO) - A Commonwealth Business Forum underway in Sri Lanka's capital Colombo is the largest in the history of the organization, and can be an …

Sri Lanka keeps policy rates steady, credit to state easing: Central Bank

Nov 11, 2013 (LBO) - Sri Lanka kept its policy rate corridor steady at 6.50 percent to withdraw excess cash and 8.50 percent to inject money in to the banking …

Sri Lanka Tobacco monopoly volumes, revenues drop

Nov 10, 2013 (LBO) - Revenues at Sri Lanka's Ceylon Tobacco Company dropped in the September 2013 quarter from a year earlier amid multiple tax hikes showing …

Sri Lanka Commonwealth Business Forum gets over 1000 participants

Nov 09, 2013 (LBO) - A Commonwealth Business Forum to be held from November 12 to 14 has attracted over 1,100 participants including 500 foreign delegates …