Sri Lanka sealed the $750,000 Strauss-Kahn deal
Feb 06, 2015 (LBO) – Sri Lanka’s new government has wrapped the deal with former IMF Chief Dominique Strauss-Kahn after paying USD 750,000 for …
Economy & Markets
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Sri Lanka Chamber Chief says not all private sector cos have ill-gotten gains
Feb. 05, 2015 (LBO) – Sri Lanka’s Chamber Chief commenting on the slapping taxes on the private sector by the new government, said that not all private …
Sri Lanka’s PM calls for Unity and Harmony among the communities in going forward
Feb 05, 2015 (LBO) – Sri Lanka has gained another chance to rebuild the nation with unity and harmony among communities, Sri Lanka’s Prime Minister …
Sri Lanka’s policy of Going Forward not what you see: Deputy Affairs Minister
Feb 05, 2015 (LBO) – Sri Lanka’s Deputy Policy Planning and Economic Affairs Minister Dr. Harsha de Silva, said that the new government would get …
Sri Lanka to generate revenue though taxes, not by printing money: Deputy Minister of Economy
Feb 05, 2015 (LBO) – Sri Lanka’s Deputy Policy Planning and Economic Affairs Minister Dr. Harsha de Silva, said that the new government would not …
Sri Lanka Chamber Chief says not all private sector cos have ill-gotten gains
Feb. 05, 2015 (LBO) – Sri Lanka’s Chamber Chief commenting on the slapping taxes on the private sector by the new government, said that not all …
Sri Lanka’s Finance Minister justifies the Mansion Tax
Feb 02, 2015 (LBO) – Sri Lanka’s Finance Minister said he was ready to pay Mansion Tax even though his house was less than 5000 square feet. He …
Sri Lanka Treasury bill yields flat: Central Bank
Feb 02, 2015 (LBO) – Sri Lanka's Treasury bill yields were flat on Monday’s auction with the 12-month yield unchanged at 6.05 percent, data from …
Sri Lanka’s total public debt ratio increased to 88.9 pct – Finance Minister
Jan 31, 2015 (LBO) – Sri Lanka’s Total Debt to Gross Domestic Product (GDP) ratio would increase to 88.9 percent from reported 74.4 percent of the …
Sri Lanka’s inflation surges to 3.2-pct in January 2015: Central Bank
Jan 31, 2015 (LBO) –Sri Lanka inflation increased to 3.2 percent in January 2015 from 2.1 per cent in December 2014, on a year-on year basis, as a result …
Sri Lanka cuts taxes on cars with less than 1,000 cc: hybrids tax revised
Jan 30, 2015 (LBO) – Sri Lanka revised the vehicle taxes and cut taxes on the motor cars with engine capacity less than 1,000 cc by 15 percent, Finance …
Sri Lanka’s government taxed individual car importers
Jan 30, 2015 (LBO) – Sri Lanka’s new government impose an annual license fee of 1.5 million rupees irrespective of the fact whether importers are …
Please do not consider the time but the work we do – Ranil
Jan 29, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickramasinge said that the people should be looking in to the work of the newly elected …
Sri Lanka to restructure economy: Interim Budget 2015
Jan 29, 2015 (LBO) – Sri Lanka Minister of Finance Ravi Karunanayake said that the economy in the island is a sad state and could be restructured though …
Sri Lanka government to increase the govt servants’ remuneration by Rs 10,000 – Finance Minister
Jan 29, 2015 (LBO) – Sri Lanka’s government to increases monthly salary of the state sector employees’ by 10,000 rupees, Minister of Finance …
Sri Lanka’s government to give 15-pct interest on senior citizens’ deposits: Interim Budget 2015
Jan 29, 2015 (LBO) - Sri Lanka’s government will give a 15 percent interest rate to deposits of senior citizens in banks of up to one million rupees, …
Sri Lanka reduces prices of 13 essential goods with effect from Midnight today: Interim Budget 2015
Jan 29, 2015 (LBO) – Sri Lanka’s new government will reduce the prices of 13 essential goods by removing of taxes, Minister of Finance Ravi …
Sri Lanka to impose ‘super gains’ tax on company profits: Interim Budget 2015
Jan 29, 2015 (LBO) - Sri Lanka will impose a 25 percent 'super gains tax on companies earning over two billion rupees in net profit, Finance Minister Ravi …
Sri Lanka to impose a casino tax of Rs1 bn : Interim Budget 2015
Jan 29, 2015 (LBO) - Sri Lanka will impose a one time tax of one billion rupees on casino owners, Finance Minister Ravi Karunanayake said, in presenting the …
Sri Lanka to merge the national carrier and the island’s budget airline
Jan 29, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake said that the government plans to merge the national carrier SriLankan Airlines …