No duty cuts for tea, says Iran

Sri Lanka signed a preferential trade pact with Iran last week but is unlikely to see its main export tea get any duty cuts into Iran.Sri Lanka signed a preferential trade pact with Iran last week but is unlikely to see its main export tea get any duty cuts into Iran. A framework agreement for […]

Waters’ Edge

A spate of floods and drought affected the agriculture sector output in the last few years.A spate of floods and drought affected the agriculture sector output in the last few years. The sector is expected to record negative growth this year according to the Finance Ministry. Farmers who depend on rain to grow their crops […]

Down Hill Ahead

Sri Lanka Insurance which was privatized last year says 400 employees have taken up a Voluntary Retirement Scheme (VRS) during the last few months. Sri Lanka Insurance which was privatized last year says 400 employees have taken up a Voluntary Retirement Scheme (VRS) during the last few months. The company employs 2000 people and says […]

We too; We too

Government is planning to raise a record Rs. 26 billion through privatization and asset sales next according to the Finance Ministry. Government is planning to raise a record Rs. 26 billion through privatization and asset sales next according to the Finance Ministry. If achieved, the amount will be a record for privatization and asset sales. […]

‘ Edge

A spate of floods and drought affected the agriculture sector output in the last few years.A spate of floods and drought affected the agriculture sector output in the last few years. The sector is expected to record negative growth this year according to the Finance Ministry. Farmers who depend on rain to grow their crops […]

AS You Like It

Former Central Bank Governor A S Jayawardena said achieving revenue targets will be crucial for the success of the budget in a wide ranging interview with LBR about budgeting and Monterey Policy.Former Central Bank Governor A S Jayawardena said achieving revenue targets will be crucial for the success of the budget in a wide ranging […]

”, if peace talks are not resumed soon

The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are not resumed soon, based on the proposals submitted by the organization, but said it is prepared to discuss controversial issues.The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are […]

Compensation package for termination of employment coming in January

The Minister of Labour says a compensation package for terminated workers and an unemployment benefit scheme will be implemented in January 2005.The Minister of Labour says a compensation package for terminated workers and an unemployment benefit scheme will be implemented in January 2005. “We have decided on a new compensation formula.So it will come from […]

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