Buying Time
Mar. 30 (LBO) – Sri Lanka's Commercial Bank of Ceylon Thursday put off its annual and extraordinary general meetings till next week, as shareholder …
Industry
Neat Fit
Mar. 30 (LBO) - The open source middleware start up WSO2 said Thursday that its WSO2 Tungsten product is fully interoperable with Microsoft's upcoming Vista …
Costly Plastic
Mar. 30 (LBO) – Sri Lanka's treasury secretary P B Jayasundara has asked the two state banks to step up credit card sales to public servants, following …
Extended Invitation
Mar. 29 (LBO) - Sri Lanka's Department of Inland Revenue is giving three extra months to pay back-taxes without facing penalties. online pharmacy buy strattera …
Expensive Joke
Mar. 29 (LBO) – Sri Lanka will introduce stamp duties from April on a range of services like credit cards, leasing and insurance policies, as the …
Filling Gaps
A fast track program to give non-tech graduates jobs in the IT field has paid off, with a first batch of students finding full time work in top companies. …
Damage Control
Mar. 27 (LBO) - Sri Lanka may impose a cess of up to 10 percent on imports to plug a loss in tax revenues, when import tariffs are lowered in April under the …
Audit Protest
Mar.26 (LBO) - Sri Lanka's government auditors are threatening industrial action against chronic inaction by authorities and the parliament to crackdown on …
Drama Tax
Mar 23 (LBO) - Sri Lanka passed controversial laws on Tuesday to tax imported movies, dramas, sitcoms and commercials, though tax rates and conditions have not …
Open Sesame
Mar 23 (LBO) - Sri Lanka will have to further relax import tariffs on goods like cement from April this year under its trade deal with India, with customs …
Joint Power
Mar. 23 (LBO) -- Sri Lanka's cabinet of ministers had approved a deal for the state-owned Ceylon Electricity Board (CEB) to team up with India's National …
Sri Lanka’s leisure industry recovers in February
Mar. 22 (LBO) -- Sri Lanka's tsunami-hit tourism industry continued to recover this year, with arrivals for the two months to February rising 40. online …
Re-Shuffle
Mar. 22 (LBO) – Sri Lanka has changed the license fee structure for lubricant operators giving players an option of paying a flat fee or a percentage on …
Growing Money
Mar 22 (LBO) - Lanka Transformers were given a first subsidy payment on Wednesday for generating electricity from trees, under a new scheme to encourage …
Flagged Off
Mar 21 (LBO) – Sri Lanka's Caltex Lanka Lubricants will ship five million litres of lubricant oils into Bangladesh, its first foray into the country and …
Legal Muscle
Mar. 21 (LBO) – Sri Lanka's Parliament Tuesday passed amendments to several financial bills, including a tax on foreign television programmes and …
On Hold
Mar. 21 (LBO) – Sri Lanka Telecom, the island's dominant fixed-line operator, Tuesday said it would stop connecting new subscribers through Code Division …
Dollar Gush
Mar. 20 (LBO) – Non-governmental organisations operating in Sri Lanka's tsunami-hit regions has received Rs40.1 billion (US$400 million) in aid for …
Comfort Letter
Mar. 20 (LBO) – Sri Lanka’s telecommunications regulator has upheld two private fixed operators’ claim to import handsets duty free, and …
Home Bound
Mar 20 (AFP) - More than 100 US troops who were stranded in Sri Lanka after their aircraft made an emergency landing last week left the island Monday aboard a …