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Sri Lanka banks on tsunami-aid despite Pakistan quake
Tsunami-hit Sri Lanka is still banking on international aid despite donor attention shifting to Pakistan following the devastating earthquake there, the government’s aid arm said Tuesday.Tsunami-hit Sri Lanka is still banking on international aid despite donor attention shifting to Pakistan following the devastating earthquake there, the government’s aid arm said Tuesday. A wave of foreign […]
Time to Tax
Sri Lanka needs to operate at its full tax revenue potential to break away from donor clutches and implement its own polices.Sri Lanka needs to operate at its full tax revenue potential to break away from donor clutches and implement its own polices. Treasury Secretary says tax collections at present are nowhere near their potential. […]
Spring Cleaning
South Asian bankers kicked off a meeting in Colombo on Monday to draw up a roadmap to reconstitute an existing development fund to be on the lines of a regional lending body.South Asian bankers kicked off a meeting in Colombo on Monday to draw up a roadmap to reconstitute an existing development fund to be […]
Growing Sideways
Sri Lanka’s Lanka Orix Leasing Co Ltd is looking at regional expansions and a possibility of getting into commercial banking, as it moves into the next phase of its growth cycle.Sri Lanka’s Lanka Orix Leasing Co Ltd is looking at regional expansions and a possibility of getting into commercial banking, as it moves into the […]
Give as I Command
Lanka’s top bureaucrat has told aid donors to coordinate their lending despite Sri Lanka not having a poverty reduction strategy that allows the state to spend donor money where it wants.Lanka’s top bureaucrat has told aid donors to coordinate their lending despite Sri Lanka not having a poverty reduction strategy that allows the state to […]
Warming up to tea imports
The Sri Lankan tea industry could be warming up to blending imported teas, not to lose out on a price driven global market place. Sri Lanka, which has a lobby against blending imported teas saw imported teas for re-export grow to 6.4 mn kilos up to Aug 25 form about 4 mn kilos in 2003. […]
Armchair Critics
Getting to know the movements of television viewers is becoming crucial for advertisers to find the best breaks to slot their commercials. Getting to know the movements of television viewers is becoming crucial for advertisers to find the best breaks to slot their commercials. Increased ownership of color TVs with remote controls has helped viewers […]
Setting Goals
Sri Lanka has already achieved some of the Millennium Development Goals (MDG) that seeks to halve poverty in ten years.Sri Lanka has already achieved some of the Millennium Development Goals (MDG) that seeks to halve poverty in ten years. But experts say the north east conflict has created new challenges by creating a huge pocket […]
By-pass operation
Sri Lanka is planning to tap international capital markets aggressively after getting a sovereign rating to support its economic recovery next year, and bypass pesky donors who demand fiscal discipline and low inflation to give cheap long-term dollars. Sri Lanka is planning to tap international capital markets aggressively after getting a sovereign rating to support […]
Presidential hopefuls campaign on peace and prices in Sri Lanka
ANURADHAPURA, Oct 9 – Sri Lanka’s two main candidates for the presidency launched their election campaigns at the weekend promising peace at last for the shattered island and lower consumer prices. ANURADHAPURA, Oct 9 – Sri Lanka’s two main candidates for the presidency launched their election campaigns at the weekend promising peace at last for […]