All News

Calling Out

Twelve Expressions of Interest have been passed on to the Ministry of Economic Reforms to appoint the consultants within 10 days. rn rnOfficials say …

Apparel Woes

Exports fell to US$ 336 mn in June from US$ 437 mn a year earlier. Imports on the other hand slipped 9 percent to US$ 465 mn during the period, …

Blue-Collar Blues

With the Youth Corp bill getting the Parliament nod an estimated 40,000 young persons will go into job – oriented training this year.A further …

No more promises

A new law to prevent abuse of public funds while committing the government to its budget targets will come before the house soon.In addition to …

Limited Scope

The government plans to form an asset management company to takeover the debts of the two state banks.A top Central Bank official said the upcoming …

Piece Meal

The three dominant cellular operators endash Celltel, Mobitel and Dialog endash had earlier put in a joint proposal for an across the board Rs. 2.00 …

Golf In Paradise

While, golf will remain the on the main menue, AmCham (American Chamber of Commerce), the tournaments organisers, will be busy serving up potential …

Exports Award

There will be more focus on value added exporters. rnrnAwards will be given for Traditional Agriculture, Non-traditional agriculture, value added …

Nobly Curve

Central Bank officials say that an initial Rs. 5 bn worth 10 or 12-year bonds will hit the market soon. rnrnThe bank expects long term investors like …

Price Hiccups

Though GST was charged at 12.5 per cent and NSL at a nominal rate of 6.5 per cent the effective rate was around 21 per cent. rnrnUnder VAT the …

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