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 …
Development Money
The Asian Development Bank (ADB) on Monday pledged US$ 105.3 million to support two projects linked to education and water and sanitation. online pharmacy buy …
Spurring Growth
A Sri Lankan contingent flying to China on August 08, will look to obtain technology transfers and investment partnerships for the local rubber and tea …
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 …
Housing Carrots
The government is kicking off a housing scheme for government officers in a bid to attract and keep the top quality administrative officers.ldblquote We need …
Leveraged Funds
The Urban Development Authority (UDA) has negotiated with local banks to raise upto Rs. 1 bn to build 1300 houses for the middle and high income segments. buy …
Safety Features
The government is looking at offering up to one year as compensation for employees who lose their jobs and also allow people to take their provident fund …
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, …
More Horsepower
The Government is giving Parliament more power to crack the whip on errant public institutions and corporations by strengthening the Parliamentary Public …
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 …
Outright sales
Central Bank may start outright sales of government securities as early as next week with rising foreign inflows boosting the countrys money …
Bulls Eye
The Finance Minister said last week that fiscal targets were on track in his first Fiscal Position Report. The Government said that privatisation proceeds were …
Midyear Review
Sri Lankas top trade chamber has commended the government on pushing ahead with a series of legislative reforms, but said more work needs to be done to …
Pilot Test
ADB on Wednesday approved a technical assistance (TA) grant of US$800,000 to pilot test two community information networks that will bring vital information to …