Economy & Markets

The Treasury has “no good news” on tax anomalies

The Treasury says it has no “good news” to offer in terms of rectifying tax anomalies and says belt up and pay up to prosper. online pharmacy buy bactroban …

Primary Dealers lobby for tax correction

Primary dealers were lobbying to correct a rushed provision to the Inland Revenue Act last month that could slap a huge tax bill on the industry. buy amoxil …

Vanik on the mat after failing to meet interest payments for debentureholders

The Trustee of Vanik debentureholders have asked the Colombo Stock Exchange to take action against the company for failing to honour its interest payments. …

Sri Lankan pepper no threat to Indian pepper

Pepper exports to India are not breaking the Indo-Lanka free trade pact or destabilising Indian production, say pepper producers in Sri Lanka. buy flagyl …

WTO agrees to look at adjustment costs when quotas are gone

Smaller garment-dependent countries got a break this week with the World Trade Organisation (WTO) agreeing to look at ‘adjustment issues’ when quotas are …

Subsidies feed up fat cats and not those that need it, says the International Labour Organisation.

Subsidies are not just wasteful but quite a lot of it ends up fattening up the already fat cats, says the International Labour Organisation (ILO). buy lexapro …

Diplomatic moves to extend supplier credit to tide over external shocks and stabilise a nervy rupee

Sri Lanka is stretching diplomatic goodwill by asking friendly nations to extend supplier credit to tide over external shocks and ease pressure on the rupee, …

Sri Lanka lobbies for emergency fund to tide over external shocks like high oil prices

Sri Lanka asked international monetary authorities to come up with a contingent facility to tide over crude oil shocks that's strangling trade dependent …

Import bill gallops ahead as fuel prices eats gains from textile and apparel exports

Sri Lanka's import bill raced ahead of export earnings in July, as a hefty fuel bill erased gains from apparel and tea revenues, the Central Bank said …

Chamber says Govt., tax policies need to be more consistent and transparent

Sri Lanka’s private sector is not amused by the latest government hat trick of making changes to taxes by putting out press notices and backdating the …

Sept. inflation climbs up to 11.6%, as a hefty oil bill and a falling rupee takes its toll on the economy

Inflation data for Sept climbed up to 11.6 percent, as a hefty oil bill and a falling rupee took its toll on the economy. Inflation data for Sept climbed up to …

Economy grows 5.7% for first six months, Central Bank keeps year end target intact despite oil shock

Sri Lanka's economy slowed down to 5. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy ciprodex with best prices today in the …

BOI woos Singaporeans to invest in Sri Lanka

Singapore is set to become the biggest foreign investor in Sri Lanka over the next few years as the country moves to end a decades-long ethnic war. online …

Sri Lanka’s balance of payments balloons to US$ 223 mn for the six months ending June 2004

Sri Lanka has reported a bigger than expected balance of payment deficit of US$ 223 mn for the six months ending to June, amid higher world oil prices and a …

Central Bank says non-bank private sector has the capacity to absorb over Rs.100 billion in net borrowing

Central Bank says non-bank private sector has the capacity to absorb over Rs. online pharmacy buy abilify with best prices today in the USA 100 billion in net …

Treasury says spending will be increased next year with pay hike for public servants and more money for public investment

In the first in a series leading up to the November budget this week we take a closer look at government expenditure. In the first in a series leading up to …