EU Flight

Sri Lanka has agreed to tweak terms of its bilateral Air Service Agreement with France, to allow other EU carriers from its ‘common market’ to fly in here.Sri Lanka has agreed to tweak terms of its bilateral Air Service Agreement with France, to allow other EU carriers from its ‘common market’ to fly in here. […]

Media Attack

Sri Lanka’s opposition United National Party condemned the grenade attack on the independent Swarnavahini television station, and called for an inquiry to find the culprits. Sri Lanka’s opposition United National Party condemned the grenade attack on the independent Swarnavahini television station, and called for an inquiry to find the culprits. “We strongly condemn the attack […]

Village Hand

Condemning the way traditional subsidies are doled out to the poor, the Freedom Alliance Government is gearing to launch a fresh poverty reduction programme later this week.Condemning the way traditional subsidies are doled out to the poor, the Freedom Alliance Government is gearing to launch a fresh poverty reduction programme later this week. Samurdhi and […]

On the Roll

Treasury bond auctions on Thursday for three and four year bonds bring in over Rs 4 bn each. Treasury bond auctions on Thursday for three and four year bonds bring in over Rs 4 bn each. At the Treasury bond auctions held on Thursday bonds maturing in 2007 and 2008 were offered to the market. […]

Breathing Space

Pramuka Bank got a short breathing space on Friday when the Appeal Court issued a stay order against the decision to liquidate the bank.Pramuka Bank got a short breathing space on Friday when the Appeal Court issued a stay order against the decision to liquidate the bank. The next Court hearing is set for November. […]

Import tax on cars, vans and dump trucks up from Friday

Import tax on cars, vans and dump trucks went up from midnight Thursday after excise duty on these vehicle categories were increased. Import tax on cars, vans and dump trucks went up from midnight Thursday after excise duty on these vehicle categories were increased. Excise duty on cars went up from 25 percent up to […]

Government baffled by the LTTE’s lack of interest in peace talks

The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of interest from the LTTE.The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of […]

Go Ahead

The Trustee of Vanik debenture holders told the Colombo Stock Exchange on Thursday that it would support an application to windup the company.The Trustee of Vanik debenture holders told the Colombo Stock Exchange on Thursday that it would support an application to windup the company. Thursday’s statement follows an application on October 11 to the […]

Cess on coconut and palm oil imports to fund local coconut industry

The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports.The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports. “We will set up a Rs. 300 mn cess fund for the coconut industry […]

Branded for Life

All brands under the Sri Lankan sun – giants or dwarves – are invited to test their metal against each other at the SLIM Brand Excellence Awards 2004.All brands under the Sri Lankan sun – giants or dwarves – are invited to test their metal against each other at the SLIM Brand Excellence Awards 2004. […]

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