Author: lbostgadmin
Bus Tickets
The transport ministry will auction 100 school bus franchises in January, to operate a subsidised service for students in Colombo.The transport ministry will auction 100 school bus franchises in January, to operate a subsidised service for students in Colombo. The pilot project will test the waters for auctioning all route permits, under the Ministry’s long […]
Grenade Attack Kills Swiss Man In East
A Swiss man was killed by a grenade thrown into his bathroom by suspected Tamil Tiger rebels amid escalating violence in eastern Sri Lanka, police and military officials said Tuesday A Swiss man was killed by a grenade thrown into his bathroom by suspected Tamil Tiger rebels amid escalating violence in eastern Sri Lanka, police […]
Broken Record
Any new levies that the Sri Lankan government proposes for its 2005 budget shouldn’t be applied retroactively, as such a policy will erode foreign investor confidence, a tax expert warned Monday.Any new levies that the Sri Lankan government proposes for its 2005 budget shouldn’t be applied retroactively, as such a policy will erode foreign investor […]
The Inland Revenue gearing for another round of amnesties
With the Speaker finally certifying the new amnesty law, the Inland Revenue is getting ready to call for another round of pardons to tax defaulters.With the Speaker finally certifying the new amnesty law, the Inland Revenue is getting ready to call for another round of pardons to tax defaulters. “The Act has been certified so […]
Policy Defence
Sri Lanka’s top donors are waiting for the government to come up with a credible budget in November before talking about an economic programme to resume stalled programme loans to the country. Sri Lanka’s top donors are waiting for the government to come up with a credible budget in November before talking about an economic […]
Grand Prize
The odds for star-spangled Sri Lankans to strike it rich in a game of chance just got better, with a third lottery operator now active in the market The odds for star-spangled Sri Lankans to strike it rich in a game of chance just got better, with a third lottery operator now active in the […]
Top lending agency throws media out of donor confab, Treasury Secretary apologises
Sri Lanka’s top civil servant in charge of the economy apologized to the media after they were thrown out of a donor meeting earlier in the week at the behest of a top lending agency.Sri Lanka’s top civil servant in charge of the economy apologized to the media after they were thrown out of a […]
Clearing Space
The Civil Aviation Authority is pushing for the state greenlight to open up its air routes for a second local carrier, and draw up the ground rules for operation.The Civil Aviation Authority is pushing for the state greenlight to open up its air routes for a second local carrier, and draw up the ground rules […]
Auspicious Moment
The Railway Department is waiting for a “good time” to reel out an alternate rail service from Fort to Nugegoda from November.The Railway Department is waiting for a “good time” to reel out an alternate rail service from Fort to Nugegoda from November. “We are going to start the rail bus service on the Kelaniweli […]
Government plans to borrow Rs. 35 bn from local market in next month
The government plans to borrow Rs. 7 bn in new debt as part of its Rs. 35 bn borrowing programme for November, the Central Bank said Monday. The government plans to borrow Rs. 7 bn in new debt as part of its Rs. 35 bn borrowing programme for November, the Central Bank said Monday. Around […]
Govt. prepares new poverty reduction strategy paper
The government will present a new poverty reduction strategy based on accelerating rural growth and export oriented market strategies to donors by the end of the year.The government will present a new poverty reduction strategy based on accelerating rural growth and export oriented market strategies to donors by the end of the year. The Finance […]
Revenge of the Pharaohs
Sri Lanka Customs Officers Union says a reward is on offer for assistance in the apprehension of the gunmen who attempted to shoot Senior Superintendent Athula Lankadeva.Sri Lanka Customs Officers Union says a reward is on offer for assistance in the apprehension of the gunmen who attempted to shoot Senior Superintendent Athula Lankadeva. Mr. Lankadeva […]