Sri Lanka could gain 1.5-pct of GDP revenue by tightening tax holidays: IMF
Nov 01, 2010 (LBO) - Sri Lanka can gain as much as 1.5 percent of gross domestic product in revenue by limiting tax holidays, and also cut tax rates if the …
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Sri Lanka economist says dissent is democratic
Oct 29, 2010 (LBO) - Sri Lankan economist and opposition United National Party lawmaker Harsha De Silva has defended his criticism of government policy, saying …
Australian rights agency says asylum centre must close
SYDNEY, October 29, 2010 (AFP) - Australia's human rights agency Friday urged the government to stop locking up asylum seekers on remote Christmas Island, its …
Sri Lanka court rejects challenge to president’s re-election
October 29, 2010 (AFP) - Sri Lanka's Supreme Court rejected Friday a challenge to the re-election of President Mahinda Rajapakse filed by his defeated -- now …
Sri Lanka settles commercial bank overdrafts, Central Bank credit
Oct 29, 2010 (LBO) - Sri Lanka has settled high cost overdrafts from commercial banks and central bank credit taken to bridge the budget deficit with proceeds …
Sri Lanka govt seeks more revenue from liquor, cigarettes
Oct 29, 2010 (LBO) - The Sri Lankan government is seeking to increase revenue for its cash-strapped Treasury by jacking up taxes on cigarettes and liquor, days …
Sri Lanka inflation accelerates to 6.6-pct in October
Oct 29, 2010 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 6.6 percent in October from a year earlier, accelerating from 5.8 percent in …
Sri Lanka exports up 7.0 percent, trade expands
Oct 28, 2010 (LBO) - Sri Lanka exports grew 7.0 percent to 760.3 million US dollars in August 2010, with industrial exports up 7. buy bactroban online …
Sri Lanka LOLC buys into construction firm
Oct 28, 2010 (LBO) - Sri Lanka's listed LOLC group and Browns Investments, a private firm, have bought into the island's Sierra group which has interests in …
Sri Lanka has too much foreign reserves: CB Governor
Oct 28, 2010 (LBO) - Sri Lanka has higher than 'optimum' foreign reserves, Central Bank Governor Nivard Cabraal said as a wide interest rate differential with …
Sri Lanka seen slightly less corrupt
Oct 27, 2010 (LBO) - Sri Lanka has marginally improved its score in a global corruption index but governance is still so bad that it ranks among other …
Sri Lanka stockbroker stirs up storm by calling for end to dissent: report
Oct 27, 2010 (LBO) - A call by a stockbroking firm to immediately identify and eliminate "traitors" who may question a "noble" government goal of making the …
Sri Lanka mulls IT use in tax reforms
Oct 27, 2010 (LBO) - A report on reforms to Sri Lanka's complex national and regional taxes has recommended using information technology to make it easier to …
Sri Lanka lifts price controls on rice
Oct 26, 2010 (LBO) - Sri Lanka has lifted price controls on rice originally imposed to prevent a sharp price spike caused by low harvests and state controls …
Canada unveils law to curb illegal immigration
OTTAWA, October 21, 2010 (AFP) - The Canadian government on Thursday unveiled legislation aimed at curbing illegal immigration and human smuggling by imposing …
Gas Prospects
Oct 21, 2010 (LBO) - Sri Lankan liquid petroleum gas supplier Laugfs Gas is raising 2.buy plavix online buy plavix online no prescription 5 billion rupees to …
US disruption of China currency will be disastrous: Steve Hanke
Oct 21, 2010 (LBO) - A sudden appreciation of the Chinese currency, which is sought by the US, could disrupt China's economy and the world, rather than …
Sri Lanka ‘re-commitment’ to fiscal prudence hailed
Oct 21, 2010 (LBO) - Sri Lanka has made a 're-commitment' to fiscal prudence and a promotion of public private partnerships is a pragmatic recognition of …
Sri Lanka reveals haul of civilian gold from war zone
October 21, 2010 (AFP) - The Sri Lankan government has said its troops collected more than four million dollars worth of gold jewellery during the defeat of …
Sri Lanka can have growth, low inflation if budget deficit is tamed: IMF
Oct 20, 2010 (LBO) - Sri Lanka's recently controlled inflation and an economic recovery can be maintained if state deficit spending can be tamed, giving …