Sri Lanka merges ‘election’ banks after two year experiment
Nov 17, 2006 (LBO) – After creating two new state banks in successive budgets, Sri Lanka's government is planning to merge and consolidate them with a …
Nov 17, 2006 (LBO) – After creating two new state banks in successive budgets, Sri Lanka's government is planning to merge and consolidate them with a …
Nov 17, 2006 (AFP) - Sri Lanka is set to borrow heavily abroad and at home in a bid to finance a record 2.18 billion dollar budget deficit next year, official …
November 16, 2006 (LBO) - The government says the upcoming budget would be growth oriented, with medium term objectives in view, while the opposition which is …
November 16, 2006 (LBO) - Sri Lanka is to give a range of tax incentives and relaxed foreign borrowing restrictions to boost shipping and allied maritime …
November 16, 2006 (LBO) - The government is giving tax benefits to the domestic construction industry in Sri Lanka to help them undertake large projects such …
November 16, 2006 (LBO) – Sri Lanka is offering a 13. online pharmacy …
November 16, 2006 (LBO) - Sri Lanka's government has introduced a controversial new tax to encourage dividends payment of listed companies, while giving …
Nov 16, 2006 (LBO) – Local jewellers have got a host of tax reductions in the country's budget proposals for next year, as well as restrictions on …
Nov 16, 2006 (LBO) – Sri Lanka is imposing a 10 dollar fee on tourists visiting the island, while locals opting to travel abroad will pay less when they …
Nov 16, 2006 (LBO) – Sri Lanka's leather and shoe industry is to be exempt from import taxes on raw materials and machinery, while imported shoes are to …
Nov 16, 2006 (LBO) – Sri Lanka to halve the surcharge on individual deposits and hopes to increase the tax free threshold for retiring employees as well …
November 16, 2006 (LBO) -- The multiple bank value added tax system of Sri Lanka which also has a non recoverable 'VAT' tax on financial firms became more …
Nov 15, 2006 (AFP) - Sri Lanka plans to announce a war budget Thursday in which it will hike defence spending next year by 45 percent amid a spiralling …
November 14, 2006 (LBO) – Sri Lanka may have to settle for high inflation in the coming months as the government is keen to keep up the high economic …
November 10, 2006 (Dow Jones)--The Sri Lankan government is likely to lift taxes and increase foreign borrowing in its 2007 budget in a bid to meet bloated …
November 10, 2006 (LBO) – Sri Lankan share prices are breaking records amidst flying bullets, but financial markets are uneasy that the government may …
November 8, 2006 (Dow Jones)--The Sri Lankan government expects the budget deficit to narrow to 5 percent of gross domestic product in 2007 from an estimated 9 …
November 05, 2006 (LBO) – Sri Lanka’s opposition United National Party which has pledged to support the ruling party in the budget vote says, it …
October 14, 2006 (LBO) – Sri Lanka’s President Mahinda Rajapakse is due to present the 2007 budget on Nov. 14, which will focus on infrastructure …
October 5, 2006 (LBO) – Sri Lanka plans to spend more and borrow further next year as expenses for defence hardware and fuel related subsidies escalate. …