Economy

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Mine Ahead

The United Nations Development Program said Thursday, that they will strengthen ongoing de-mining efforts in the North, with a technical assistance grant of …

Left Over

The Treasury is selling its residual stakes in 19 firms, 14 of them through the Colombo Stock Exchange. At current trading prices, the stakes in 13 of the 14 …

War Spoils

The government is rolling out a series of rural road development and electrification projects as it starts spending the lquote peace dividends, of a 19-month …

Good Marks

The ADB on Friday revised its export growth targets for 2003 upwards to 10 percent from an earlier 6 percent, but warned of power shortages eating into early …

Cess Less

The Tariff Advisory Council (TAC) says that the import cess charged on luxury goods, should not be channelled towards the Export Development Board (EDB). The …

Trickling In

The first tranche of Japans commitment at the Tokyo donor conference rolled into the country today through a grant of Rs. 1.198 billion for a water supply …

Sand Castles

The Central Environmental Authority on Friday approved sand mining off the shores of Wadduwa and Kalutara. The Coast Conservation Department project will scoop …

Sino Ties

Sri Lanka is moving to cement its ties with China, with a state visit by Prime Minister Ranil Wickremesinge next month.In addition to meeting Chinese Premier …

Donor Support

The World Bank said its funding for the North and East of the island could continue through an interim administration if the government so wished.The bank, …

Big Push

As some of the Tokyo aid dollars begin to roll in, a top level government committee is looking at fast tracking some of the key infrastructure projects.Top …

Aid Float

Sri Lankas cash float just got heavier, with the World Bank upping its aid from US$ 800 mn to US$ 1 bn over the next four years.rnldblquote For the next two …

Trade Net

Potential Euro-Sri Lankan business partners in the plastics and rubber sector will be linked up via a joint trade database floated today.rnLaunched by the …

Looking Glass

Government plans to set up 14 Oversight Committees to look over key state functions is on track, with proposals going to parliament in a few weeks.ldblquote …

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