Author: lbostgadmin
Changing Tide
Treasury Secretary Dr. P B Jayasundara says the government’s mid-term borrowing programmes will avoid crowding out the market, releasing the funds for the private sector to borrow.Treasury Secretary Dr. P B Jayasundara says the government’s mid-term borrowing programmes will avoid crowding out the market, releasing the funds for the private sector to borrow. Jayasundara told […]
Retarded by Red Tape
South Asian countries had made little progress last year to improve their investment climate there by missing out on growth opportunities, according to a recent World Bank study.South Asian countries had made little progress last year to improve their investment climate there by missing out on growth opportunities, according to a recent World Bank study. […]
Making A Difference
Adding diversity to the work place is something management trainers promote for creative problem solving.Adding diversity to the work place is something management trainers promote for creative problem solving. An NGO and the Employers Federation of Ceylon are now working to introduce companies to differently-abled people who they say can help create a vibrant work […]
Hotel stocks rallied at the Colombo Stock Exchange, which closed up two percent for the week
Hotel stocks rallied at the Colombo Stock Exchange, which closed up two percent for the week. Hotel stocks rallied at the Colombo Stock Exchange, which closed up two percent for the week. Brokers say there is high investor interest in hospitality sector stocks due to increasing tourist arrivals and higher spending by visitors. They say […]
Hurt retired
Hayleys AIG insurance says an expression by Ceylinco Insurance to acquire its life business has been passed down to its shareholders; the AIG group and local conglomerate Hayleys.Hayleys AIG insurance says an expression by Ceylinco Insurance to acquire its life business has been passed down to its shareholders; the AIG group and local conglomerate Hayleys. […]
Defining Boundaries
The Securities and Exchange Commission (SEC) and the national accounting body ICASL will introduce a new governance code for listed companies with some mandatory provisions.The Securities and Exchange Commission (SEC) and the national accounting body ICASL will introduce a new governance code for listed companies with some mandatory provisions. A co-chair of the ICASL and […]
We admit…
Government gave strong indication that prices of diesel will go up soon saying Sri Lanka can’t afford the current “subsidy binge”.Government gave strong indication that prices of diesel will go up soon saying Sri Lanka can’t afford the current “subsidy binge”. The Finance Minister also said plans to get a third player for down stream […]
Still More
Sri Lanka gets OPEC help to ease its hefty fuel bill, even as a tariff hike for diesel is with Cabinet and an increase in water tariffs also on the cards. Sri Lanka gets OPEC help to ease its hefty fuel bill, even as a tariff hike for diesel is with Cabinet and an increase […]
Off Asia
Tourist arrivals from East Asia, including Japan and China dipped in August, taking total tourist numbers down over record arrivals in July.Tourist arrivals from East Asia, including Japan and China dipped in August, taking total tourist numbers down over record arrivals in July. August saw over 48,000 people visiting Sri Lanka, a 15.3 percent increase […]
Vital health indicators in Sri Lanka’s plantation sector have improved significantly since privatisation, a key industry apex body says.
Vital health indicators in Sri Lanka’s plantation sector have improved significantly since privatisation and the establishment of the Plantation Housing and Social Welfare Trust (PHSWT) in 1992, an industry apex body said this week.Vital health indicators in Sri Lanka’s plantation sector have improved significantly since privatisation and the establishment of the Plantation Housing and Social […]
‘s View
Sri Lanka has been given extra landing rights to Lebanon and the United Arab Emirates, under the recently concluded bilateral talks.Sri Lanka has been given extra landing rights to Lebanon and the United Arab Emirates, under the recently concluded bilateral talks. Under the new terms, the UAE has allowed 45 passenger frequencies per week to […]
The opposition will march on Colombo streets on September 24
The main opposition United National Party, is trying to shake off ‘its sleepy giant image’, with a countrywide street protest against the rising cost of living.The main opposition United National Party, is trying to shake off ‘its sleepy giant image’, with a countrywide street protest against the rising cost of living. The move comes just […]