Author: lbostgadmin
Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP
Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP while keeping total expenses within Rs.1003 billion. Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP while keeping total expenses within Rs. 1003 billion. Cabinet Spokesperson and Health Minister Nimal Siripala de Silva on Friday said […]
Sri Lanka forecasts 2006 budget deficit at 8.2 percent of GNP
Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of gross national product (GNP) while keeping total expenses within Rs.1003 billion. Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of gross national product (GNP) while keeping total expenses within Rs. 1003 billion. Government spending is estimated at Rs. […]
Ghostbusters
Sri Lanka on Friday announced measures to prevent voters impersonating the tsunami dead as well as special arrangements for those displaced by the calamity to vote in November’s presidential elections. Sri Lanka on Friday announced measures to prevent voters impersonating the tsunami dead as well as special arrangements for those displaced by the calamity to […]
Clean Bowled
The government ramped up its election campaign by rushing through a law that forces Sri Lanka’s private sector to pay a Rs. 1,000 (US$ 10) more to its workers. The government ramped up its election campaign by rushing through a law that forces Sri Lanka’s private sector to pay a Rs. 1,000 (US$ 10) more […]
‘n surf
Tsunami hit Sri Lanka has seen a shift in its tourism mix, with more visitors popping in to shop and see the city lights than soak up the sun or hit the cultural beat, officials said Friday.Tsunami hit Sri Lanka has seen a shift in its tourism mix, with more visitors popping in to shop […]
House Cleaning
The government on Friday said it was setting aside Rs. 500 million to write off mortgages on homes affected by last December’s tsunami as a further relief measure to the victims. The government on Friday said it was setting aside Rs. 500 million to write off mortgages on homes affected by last December’s tsunami as […]
Oil Guzzlers
Demand for petrol is increasing in Sri Lanka despite two price increases this year, says the Ceylon Petroleum Corporation (CPC).Demand for petrol is increasing in Sri Lanka despite two price increases this year, says the Ceylon Petroleum Corporation (CPC). According to CPC data, average petrol consumption per day, is now around 1,200 MT, compared to […]
Sri Lanka extends state of emergency
Sri Lanka’s parliament Wednesday extended by a further month the state of emergency imposed shortly after the assassination of Foreign Minister Lakshman Kadirgamar. Sri Lanka’s parliament Wednesday extended by a further month the state of emergency imposed shortly after the assassination of Foreign Minister Lakshman Kadirgamar. Parliament voted 118 for and 24 against the tough […]
‘s Through
ICICI Bank, India’s second-largest bank by assets, has received a provisional banking license from the Central Bank of Sri Lanka to commence operations in the island, an ICICI Bank official said Wednesday.ICICI Bank, India’s second-largest bank by assets, has received a provisional banking license from the Central Bank of Sri Lanka to commence operations in […]
Risk Free
KILINOCHCHI – Sri Lanka’s Tamil Tigers have no security cameras or guards protecting their bank. Yet they say it is the safest place to deposit cash and gold both in times of war and of peace. KILINOCHCHI – Sri Lanka’s Tamil Tigers have no security cameras or guards protecting their bank. Yet they say it […]
Low Tide
November Presidential polls could stall an already delayed south port project, making Sri Lanka’s port sector more vulnerable to regional competition.November Presidential polls could stall an already delayed south port project, making Sri Lanka’s port sector more vulnerable to regional competition. After a number of failed starts later, earlier this year port officials said they […]
Sri Lanka steps up surveillance on counterfeit notes
Sri Lanka’s Central Bank is ramping up efforts to stamp out forged notes, after a steep rise in counterfeiting activities in the past few months, officials said Tuesday. Sri Lanka’s Central Bank is ramping up efforts to stamp out forged notes, after a steep rise in counterfeiting activities in the past few months, officials said […]