Author: lbostgadmin
Japan grants USD1.4Mn to UNFPA to improve access to sexual & reproductive health
Mar 07, 2019 (LBO) – The Government of Japan and the United Nations Population Fund (UNFPA) in Sri Lanka signed an agreement, granting US 1.4 million dollars for improving access to information and services on sexual and reproductive health for women and girls in Sri Lanka. The three year programme includes access to services for […]
SLASSCOM and Norway sign letter of intent for ICT development and entrepreneurship
Mar 06, 2019 (LBO) – The Sri Lanka Association of Software and Services Companies (SLASSCOM) and the Norwegian Ministry of Foreign Affairs expressed their intent to further collaborate in developing the Information and Communication Technology (ICT) sector for sustainable employment generation in the future, and to bring about innovation through knowledge transfer programs. A letter […]
Realistic budget but concern on growth & implementation: Ceylon Chamber
Mar 07, 2019 (LBO) – The Ceylon Chamber of Commerce says that the GDP growth estimates provided in the budget speech, for the period from 2019-2024 are of concern as it only expects growth to gradually rise from 3 percent in 2018 to 4.8 percent by 2024. “The growth estimates for this period is not […]
Sri Lanka to join hands with UK to co-sponsor roll over resolution at UNHRC
Mar 06, 2019 (LBO) – Sri Lanka will join hands with the core group leader UK in co-sponsoring the roll-over resolution at the UN Human Rights Council, releasing a joint statement, the Foreign Ministry said. The joint statement has been released by the Ministry of Foreign Affairs, Prime Minister’s Office and the Department of Government Information. […]
Another cash call – DFCC to tap the markets for Rs7.6bn in strikingly low priced rights issue
March 6, 2019 (LBO) – DFCC became the latest major bank in Sri Lanka to tap the capital markets in an aggressive rights issue. The bank aims too raise Rs7.6bn in new equity with the rights issue priced at Rs72/share. Pricing is close to the current trading price in the market of Rs75/share, but much […]
Free Wi-Fi serves 455,741 users with 79,280 GB of data so far: PM’s office
Mar 06, 2019 (LBO) – As per the statistics of the ICTA, 455,741 users have so far accessed free public Wi-Fi facilities in Sri Lanka, Policy Development Office of the Prime Minister’s Office revealed.Consequently, 79,280 GB of data usage have been recorded since the 28th of October 2016.ICTA is facilitating, coordinating and monitoring the programme. […]
Sri Lanka Budget 2019: Overview of key taxation proposals
Mar 06, 2019 (LBO) – Sri Lanka’s budget 2019 estimates total revenue and grants of 2,464 billion rupees against a total estimated expenditure of 3,149 billion rupees. The resulting budget deficit of 685 billion rupees is expected to be financed by foreign financing of 55 billion rupees and domestic financing of 630 billion rupees. All […]
Sri Lanka revises excise duty, implements luxury tax on motor vehicles
Mar 05, 2019 (LBO) – Sri Lanka’s Finance Minister Mangala Samaraweera told Parliament Tuesday that a revision of excise duty and implementation of a luxury tax on motor vehicles will be effective from 6th March 2019. According to the minister, the revision of the excise duty will have a minimal impact on smaller personal vehicles. […]
Budget 2019: Download Full Budget Speech
DOWNLOAD: http://www.lankabusinessonline.com/wp-content/uploads/2019/03/BUDGET-2019-Final-1.pdf [pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2019/03/BUDGET-2019-Final-1.pdf” title=”BUDGET 2019 Final (1)”]
Sri Lanka Budget 2019: Watch Live Stream
Live coverage ended. Please refer to related stories … Budget 2019: Download Full Budget Speech Sri Lanka Budget 2019: Overview of key taxation proposals Sri Lanka revises excise duty, implements luxury tax on motor vehicles Budget 2019 will empower people and nurture poor: Fin Min
Sri Lanka Budget 2019 – Live Coverage
Live coverage ended. Please refer to related stories … Budget 2019: Download Full Budget Speech Sri Lanka Budget 2019: Overview of key taxation proposals Sri Lanka revises excise duty, implements luxury tax on motor vehicles Budget 2019 will empower people and nurture poor: Fin Min
Norway to provide NOK 60 million for mine action in Sri Lanka
The Government is providing NOK 60 million over a period of three years for mine action in Sri Lanka. ‘Sri Lanka has been heavily contaminated by landmines, but the country is now approaching its goal of becoming mine-free. This year, Norway holds the presidency of the Mine Ban Treaty, and intends to help Sri Lanka […]