All Blogs
Public sector training for public-private partnerships
The Sri Lankan government is looking at public-private partnerships for donor funded development projects in future, says the Treasury Secretary.The Sri Lankan government is looking at public-private partnerships for donor funded development projects in future, says the Treasury Secretary. “In future planning agencies and line ministries will have to realise projects that complement public-private partnerships.Not […]
The Treasury is planning to issue a fresh US$ 100 million of commercial bonds next year while giving up on cheaper program loans from lenders
The Treasury is planning to issue a fresh US$ 100 million of commercial bonds next year while giving up on cheaper program loans from lenders.The Treasury is planning to issue a fresh US$ 100 million of commercial bonds next year while giving up on cheaper program loans from lenders. The government has already issued US$ […]
The House Jack Built
Who’s complaining when you can build a house for just Rs.150,000? A 580 sq. ft. house with two verandas, a bedroom, a hall and a kitchen costs only Rs. 150 000. Who’s complaining when you can build a house for just Rs. 150,000? A 580 sq. ft. house with two verandas, a bedroom, a hall […]
Banking on IT
A top CitiGroup executive said adapting to and leveraging technology is the biggest challenge facing banks around the world. A top CitiGroup executive said adapting to and leveraging technology is the biggest challenge facing banks around the world. Victor Menezes a Senior Vice Chairman of Citi Group told LBR that banks in the sub continent […]
The Fact is…
Financial sector regulator called for banks and their auditors to work closely to ensure banks’ financial statements reflect their true position.Financial sector regulator called for banks and their auditors to work closely to ensure banks’ financial statements reflect their true position. Central Bank says this will help enhance the reputation of banks among the industry […]
Central Bank says incomes of rich people grew faster over the last five years
Central Bank says incomes of rich people grew faster over the last five years.Central Bank says incomes of rich people grew faster over the last five years. The bank, which released preliminary findings of its consumer finance and socio-economic survey, says living conditions and real incomes have however, improved across the board. “That the rich […]
Indian concert in Sri Lanka ends with blast, two killed
A grenade exploded at an Indian superstar’s concert in Sri Lanka’s capital Colombo, killing at least two people and injuring 18 others, police and doctors said. A grenade exploded at an Indian superstar’s concert in Sri Lanka’s capital Colombo, killing at least two people and injuring 18 others, police and doctors said. The grenade ripped […]
De-Stuffing
People are not eating much bread anymore, as early Central Bank findings show locals spending instead on better food, phones, education, and more fun.People are not eating much bread anymore, as early Central Bank findings show locals spending instead on better food, phones, education, and more fun. The Central Bank just wrapped up its Consumer […]
Tax Trap
The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The tax was slapped on beginning at this week’s […]
Local tea market will pay 15 % VAT for buying at the auctions
The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The tax was slapped on beginning at this week’s […]