Author: Jayantha Kovilagodage
Sri Lanka to collect decades old taxes with new law
Sept 04, 2008 (LBO) – Sri Lanka would bring in a new law to collect taxes going back more than half a century from individuals, companies and corporations, a government official said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The new law which has already been […]
Sri Lanka not ready to sign trade pact with India: officials
July 18, 2008 (LBO) – Sri Lanka is not ready to sign a trade pact with India, senior officials said as protests mounted from domestic business interests and a partner of the ruling coalition.Local business interests that fear Indian competition also spoke out against the deal. They said the government should first ensure that true […]
Sri Lanka opposition parties to contest Eastern provincial polls
March 25, 2008 (LBO) – Sri Lanka’s main opposition United National Party (UNP) and the minority Sri Lanka Muslim Congress (SLMC) have decided to contest the upcoming elections in the eastern province, party officials said. The UNP boycotted local government elections in the area earlier this month, in a move that proved controversial with some […]
Sri Lanka minister storms state tv; news director assaulted
Dec 27, 2007 (LBO) – A Sri Lankan junior government minister stormed into the state-owned Rupavahini television station with armed thugs and assaulted its news director a short while ago, journalists said Thursday. International media rights organization have described Sri Lanka as the third most dangerous place for journalists in the world after Iraq and […]
‘s Ceylon Glass says exports surging
Oct 18, 2007 (LBO) – Ceylon Glass Company Thursday announced net profit for the quarter ended September 30 rose 29 percent to 44.6 million rupees and that exports were doing well. The company’s interim results released to the Colombo bourse showed revenue for the quarter increased to 504 million rupees from 421 million in the […]
No Atappattu for Sri Lanka tour of Australia: chief selector
Oct 03, 2007 (Vimasuma.com) Former Sri Lanka captain and opener Marvan Attapattu would not be included in a forthcoming tour of Australia, chief selector Ashantha de Mel said. “We were informed at about 5.00 pm by fax that Marvan would not attend a meeting with cricket officials,” de Mel told Vimasuma.com “It is not possible […]
Sri Lanka Freedom Party sacks rebel strongman from home turf
Mar 16, 2007 (LBO) – The ruling has party has sacked rebel parliamentarian Mangala Samaraweera from the leadership of the Sri Lanka Freedom Party (SLFP) in his home district of Matara in southern Sri Lanka an official said. General Secretary Maithripala Sirisena told LBO that the decision taken yesterday was unanimous and Dulles Alahapperuma has […]
Govt talks to Russia for lower cost fertiliser imports
June 20 (LBO) – The government is in talks with Russia to source the country’s fertiliser needs at lower cost, bypassing local agents for international fertilizer companies. Direct buying would save the government money, Athuluwage said. The state owned Lanka Fertiliser Company usually calls for tenders for local supplies of fertiliser, with needs usually met through […]
Rash Taxes
Sri Lanka’s main opposition warns that the current round of pre-election value-added-tax cuts would lead to more inflation in the future. Sri Lanka’s main opposition warns that the current round of pre-election value-added-tax cuts would lead to more inflation in the future. The United National Party charged that the VAT removal of diesel, LP gas […]