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Taxing Max
Tax experts say that government’s ad hoc changes to taxes outside the budget harms the stability of the fiscal environment. Tax experts say that government’s ad hoc changes to taxes outside the budget harms the stability of the fiscal environment. They also believe that the Economic Service Charge has not looked positive on a cross […]
Pomp & Budget
Making a budget for a poor country with a mountain of debt, low investment, a large public service and high defense expenditure is no easy task. Making a budget for a poor country with a mountain of debt, low investment, a large public service and high defense expenditure is no easy task. But this is […]
Same Here
The Finance Minister Sarath Amunugama told Lanka Business Report (LBR) that he is counting on the rural sector to contribute to productivity improvement and help drive economic growth. The Finance Minister Sarath Amunugama told Lanka Business Report (LBR) that he is counting on the rural sector to contribute to productivity improvement and help drive economic […]
Wide Choice
The Maldivian government has started talks with Kuwait’s Al Watania Telecom to offer a second mobile phone slot in the Atolls.The Maldivian government has started talks with Kuwait’s Al Watania Telecom to offer a second mobile phone slot in the Atolls. Cellular services are currently provided by Dhiraagu Pvt.Ltd., a joint-venture between the Maldivian government […]
Begging Success
Giving a brief respite to the cash-strapped government, Malaysian State Oil Company Petronas has agreed to defer crude oil payments for up to six months to help Sri Lanka manage the exchange rate crisis.Giving a brief respite to the cash-strapped government, Malaysian State Oil Company Petronas has agreed to defer crude oil payments for up […]
Further tax hikes on business and high income earners may top Thu. budget
Sri Lanka’s government will likely focus on measures to boost revenue when it presents its 2005 budget next week, with a series of new taxes targeting businesses and high-income groups expected to be at the top of the list.Sri Lanka’s government will likely focus on measures to boost revenue when it presents its 2005 budget […]
Model Trains
The local railway is hoping to build its fleet by making trains at home but the plan hinges on a successful test run next year. The local railway is hoping to build its fleet by making trains at home but the plan hinges on a successful test run next year. Sri Lanka’s railway coupled up […]
Sri Lanka is vying for more attention in the global tourism trail, as globetrotters shrug off economic downturn and terrorism fears to travel
Sri Lanka is vying for more attention in the global tourism trail, as globetrotters shrug off economic downturn and terrorism fears to travel.Sri Lanka is vying for more attention in the global tourism trail, as globetrotters shrug off economic downturn and terrorism fears to travel. The global tourism trade will close strong this year, with […]
Brought to Book
On Friday 150 policemen from all parts of the island graduated from a US funded training programme on management techniques.On Friday 150 policemen from all parts of the island graduated from a US funded training programme on management techniques. “Approximately one hundred and fifty members of the Sri Lankan Police graduated today from a round […]
Redial
The telecom watchdog is hoping to revive a 2002 National Communications Policy (NCP), which was to give greater independence and authority to the regulator, while easing technology restrictions in deploying network infrastructure.The telecom watchdog is hoping to revive a 2002 National Communications Policy (NCP), which was to give greater independence and authority to the regulator, […]