Gas Auction

Shell Sri Lanka is gearing up for a due diligence of local operations, falling in line with parent plans to sell off its global LPG business, and grow its hunt …

Central Bank differs rate hike, as inflation gallops ahead

Sri Lanka's budget deficit expands and reserves make a small recovery, as the government differs payments and opts for dollar bonds to balance the books. buy …

Impacts of Sethusamudram to be discussed this month

The initial findings on the impact of India’s Sethusamudram ship canal project on Sri Lanka, will be submitted to the government this month. online pharmacy …

The European Commission is putting up grants up to Rs12.5 mn under its Small Projects Facility.

The European Commission is inviting project proposals to provide grants up to Rs 12.5 mn under its Small Projects Facility (SPF). The European Commission is …

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 …

Boiling Point

A Water Board proposal to hike tariffs could see rates doubled, with 70 percent of domestic users in the first 20 unit band, seeing prices raised in three …

Swedish Aid

The Swedish Government pitched in with a US$ 20 mn loan on Friday to light up villages, as well as small and medium industries in rural Sri Lanka. online …

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, …

Changing Tracks

Ceypetco will amend earlier plans to restrict its lubricant suppliers, allowing as many as possible to sell at its sheds from January next year. online …

Gas Leak

Laugfs Gas has been asked to come back with a more ‘reasonable’ price request, before the Consumer Affairs Authority (CAA) agrees to an increase. buy …

Filling Up

Sri Lanka is close to firming up a deal with Oil and Natural Gas Corporation (ONGC) in India, to import refined crude products under a US$ 150 mn credit line. …

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 …