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Road Block
The contentious Southern expressway’s troubles are still far from over, with the Rs.27 bn road ending up before the UN this week.The contentious Southern expressway’s troubles are still far from over, with the Rs. 27 bn road ending up before the UN this week. The ill-fated highway went before the United Nations Human Rights Commission […]
Mosquito Attack
The Ministry of Health allocates Rs 50 mn from the 2005 national health budget to launch an island wide battle against dengue from January. The Ministry of Health allocates Rs 50 mn from the 2005 national health budget to launch an island wide battle against dengue from January. “For the first time we have allocated […]
Long Chat
Fixed-line operator Lanka Bell will stretch its network capacity by 20 percent by Christmas this year, under a US$ 2 million expansion programme.Fixed-line operator Lanka Bell will stretch its network capacity by 20 percent by Christmas this year, under a US$ 2 million expansion programme. Retained earnings are paying for the expansion, senior Lanka Bell […]
Debt Monetization
The debate is intensifying around how much the government has printed money to finance the deficit. The Central Bank says some numbers quoted in media reports are misleading. Our Economic columnist says it is certainly refreshing to see a debate developing around the government printing money to finance the deficit. . Central Bank holdings of […]
Foreign Advantage
Commercial Bank is extending benefits to its foreign currency accountholders by offering floating interest rates calculated on a daily basis.Commercial Bank is extending benefits to its foreign currency accountholders by offering floating interest rates calculated on a daily basis. ‘FC Plus’ promises to pay foreign currency account holders – with an account balance in excess […]
Eyeing Merit
Sri Lankans may not have a credit line to offer neighbour Pakistan but are only too happy to donate their eyes to needy Pakistanis.Sri Lankans may not have a credit line to offer neighbour Pakistan but are only too happy to donate their eyes to needy Pakistanis. Sri Lanka and Pakistan are on the verge […]
Picture Perfect
Imagine your next laptop coming equipped with a TV remote control? It already does as multimedia takes over computers, with newer devices coming fully equipped with better sound and display technology. Imagine your next laptop coming equipped with a TV remote control? It already does as multimedia takes over computers, with newer devices coming fully […]
Guide Book
The ICT Agency is filing its paperwork before rolling out information systems across the island, linking the Government engine to offer citizen services over the internet and increasing efficiency and transparency in its services.The ICT Agency is filing its paperwork before rolling out information systems across the island, linking the Government engine to offer citizen […]
Cut off
The Ceylon Chamber of Commerce says it will lobby the Government to remove restrictions on tax deductible expenses proposed in the 2005 budget. The Ceylon Chamber of Commerce says it will lobby the Government to remove restrictions on tax deductible expenses proposed in the 2005 budget. Removing overseas travel and entertainment bills from income before […]
Pakistan hopes to wrap up a trade deal with Sri Lanka this week to be operational by early next year
The Pakistani Premier says the FTA with Sri Lanka will be finalised this week and operational by early next year.The Pakistani Premier says the FTA with Sri Lanka will be finalised this week and operational by early next year. “We hope to finalise the FTA very soon.Talks are scheduled in the next two days in […]