Economy

Business Talk

Business leaders from SAARC countries are calling on the governments to initiate regional cooperation to develop eight identified areas in return for greater …

On Track

Central Bank said GDP growth was on track to meet annual target of 5.5 percent this year but warned that political instability and progress on peace would be …

Steady Run

The Central Bank, Wednesday, left growth projections of 5.5 percent for 2003 intact, but warned that key structural reforms had to go ahead to maintain the …

Hurry Up

The United States asked top Sri Lankan politicians to hurry up and sort out their differences, as the ongoing political impasse is hurting the peace process.US …

No Attachments

The Rs. 1bn will be allocated as an outright grant for rehabilitation and reconstruction in 2004, Niranjan Deva Aditya EU Parliamentarian said in a statement …

Help at Hand

ThernrnAsian Development Bank on Thursday approved a rnUS$ 80 million loan package to improve daily living conditions in the North and rnEast of Sri Lanka. …

New Money

The Ministry of Enterprise Development, Industrial Policy and Investment Promotion. is hoping to raise US$ 90 mn next year to fund the second leg of a …

Saving Face

Starting off talks on environmental conservation the World Conservation Union (IUCN) called for a change of attitude among conservationists and corporates to …

Mix and Match

The Govt., the World Bank and the Asian Development Bank are preparing a survey on the investment climate in Sri Lanka.buy flexeril online buy flexeril online …

Upward March

Continuing a robust recovery, Sri Lankas export earnings clocked in a double-digit growth for the first nine months of this year, which helped the trade …

Please Give

The government is hoping to persuade BOI firms to submit to the proposed Economic Service Charge.Finance Minister K N Choksy says the agreements with BOI firms …

Look Who’s Talking?

The main opposition Peoples Alliance is geared for Act Two of the ongoing political drama, with the President on Thursday setting a mid December deadline for …

Hidden Costs

World Bank is likely to chip in and help the government foot the hefty early retirement bill to off load around 300,000 public servants. rnrnrnrnrnrnrnNew Page …

Is It A Mirage?

The UNF government is prepared to forget the past and offer a greater role for the opposition in the current peace talks, if a consensus can be developed on …

Out Of Focus

The Treasury is taking a second look at budget proposal to slap a new tax on equity trading, following howling protest by market players.rnrnrnrnrnrnProposals …

Southern Bound — Budget 2004

The government unveiled grand policies to develop the Southern province with plans to develop an airport, a port and set up an oil refinery.Finance Minister K …

Value Add — Budget 2004

The value added tax is to unified to a single 15 per cent rate from January 2004, from the current 10 and 20 per cent, while the government has abandoned plans …

Aye Aye — Budget 2004

All public servants will get a 10 percent pay hike each month in the new budget or a minimum Rs.1250 increase, whichever is higher, at a cost of Rs.12.5 bn to …

In Person — Budget 2004

Personal tax exemption threshold would be raised to Rs 300,000 from the current Rs 240,000 and the income slabs widened, with effect from …

Adding Roofs — Budget 2004

The government is coming up with a series of housing loan packages targeted at different segments, to help spur a construction boom.The housing programmes will …