Mix and Match

The Govt., the World Bank and the Asian Development Bank are preparing a survey on the investment climate in Sri Lanka.buy flexeril online buy flexeril online …

Upward March

Continuing a robust recovery, Sri Lankas export earnings clocked in a double-digit growth for the first nine months of this year, which helped the trade …

Please Give

The government is hoping to persuade BOI firms to submit to the proposed Economic Service Charge.Finance Minister K N Choksy says the agreements with BOI firms …

Hidden Costs

World Bank is likely to chip in and help the government foot the hefty early retirement bill to off load around 300,000 public servants. rnrnrnrnrnrnrnNew Page …

Look Who’s Talking?

The main opposition Peoples Alliance is geared for Act Two of the ongoing political drama, with the President on Thursday setting a mid December deadline for …

Is It A Mirage?

The UNF government is prepared to forget the past and offer a greater role for the opposition in the current peace talks, if a consensus can be developed on …

Out Of Focus

The Treasury is taking a second look at budget proposal to slap a new tax on equity trading, following howling protest by market players.rnrnrnrnrnrnProposals …

In Person — Budget 2004

Personal tax exemption threshold would be raised to Rs 300,000 from the current Rs 240,000 and the income slabs widened, with effect from …

Adding Roofs — Budget 2004

The government is coming up with a series of housing loan packages targeted at different segments, to help spur a construction boom.The housing programmes will …

Bargain Basement — Budget 2004

Giving a leg up to the local tourist trade, the government plans to develop Maskeliya and Puttalam as a future hotspot for the travel trade.Finance Minister K …

Lazy Bums — Budget 2004

Sri Lanka Wednesday announced it was shedding 300,000 state-sector jobs and offered a generous severance package that will effectively pay employees to stay at …

Broker Bonanza — Budget 2004

Stockbrokers are sitting on a potential gold mine as a result of a new tax on equity trading proposed in the budget.rnrnrnrnrnrnNew Page 2rnrnrnrnrnA …

Strong Rupee Policy

Finance Minister K N Choksy made the strongest statement yet that the government is committed to a strong rupee policy.ldblquote Sri Lankans have accepted with …

It Went Through — Budget 2004

A blocked nose and bad cold ridden throat could not keep away Finance Minister K N Choksy, adorned in a blue checkered tie, from walking down the pink carpeted …

Economic Charge — Budget 2004

A new tax called Economic Service Charge (ESC) of one percent over turnover or assets will come into effect next year, in an attempt to net in firms not paying …

Express Service — Budget 2004

Two new export-processing zones will spring up next year, as part of the governments plans to spur economic activity.As Lanka Business Online reported on …

Southern Bound — Budget 2004

The government unveiled grand policies to develop the Southern province with plans to develop an airport, a port and set up an oil refinery.Finance Minister K …

Value Add — Budget 2004

The value added tax is to unified to a single 15 per cent rate from January 2004, from the current 10 and 20 per cent, while the government has abandoned plans …

Aye Aye — Budget 2004

All public servants will get a 10 percent pay hike each month in the new budget or a minimum Rs.1250 increase, whichever is higher, at a cost of Rs.12.5 bn to …

Its Not Done

Sri Lankas parliament Wednesday ruled as illegal the presidents suspension of the assembly two weeks ago and said it will disregard any future attempt to …