Author: lbostgadmin
The World Bank lends US$ 64.7 mn for agro and community development projects in the North & East.
The World Bank has come forward with a US$ 64.7 mn loan to finance agro and community development projects in the North & East. The World Bank has come forward with a US$ 64.7 mn loan to finance agro and community development projects in the North & East. The funds will be channeled through the […]
India wants 187 items removed from Sri Lanka’s negative list that gives protection to 1,180 items
Sri Lanka and India will meet in mid August for another round of hard bargaining on the Indo-Sri Lanka Free Trade Agreement (ISLFTA).Sri Lanka and India will meet in mid August for another round of hard bargaining on the Indo-Sri Lanka Free Trade Agreement (ISLFTA). The three day meetings starting on August 16 will end […]
Standard Practice
Treasury Secretary Dr. P B Jayasundara said Friday that gradual changes in fuel prices are needed, but without much disruption to domestic prices. Treasury Secretary Dr. P B Jayasundara said Friday that gradual changes in fuel prices are needed, but without much disruption to domestic prices. He said that unlimited amounts of subsidies were not […]
Eating Words
Ending months of denial and suspense, the government raised petrol prices by Rs. 8.00 with effect from midnight Friday Ending months of denial and suspense, the government raised petrol prices by Rs.8.00 with effect from midnight Friday Petrol at the pump would now cost Rs.65.00 per litre. But the government shot down a suggestion by […]
HDFC Bank gets an A (sri) credit rating for senior debt
State housing giant HDFC Bank’s long-term unsecured senior debt got an A (sri) credit rating from Fitch Ratings Lanka. State housing giant HDFC Bank’s long-term unsecured senior debt got an A (sri) credit rating from Fitch Ratings Lanka. An A (sri) rating reflects the capacity to honour timely financial commitments. HDFC’s rating reflects its strong […]
Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations.
Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations. Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations. June’s month on month tourist arrivals showed only a […]
Donors want a joint aid group that was set up last year, to get moving to better plan aid and ensure funds go down to the levels its meant to reach.
Donors want a joint aid group that was set up last year and including government, to get moving to better plan aid and ensure funds go down to the levels its meant to reach.Donors want a joint aid group that was set up last year and including government, to get moving to better plan aid […]
Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast.
Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast.Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast. Sri Lanka won export tariff reductions into the European Union in January this year based on […]
Joint Effort
The Securities watchdog has asked the Institute of Chartered Accountants to incorporate the SEC’s views into the ICASL’s corporate governance code. The Securities watchdog has asked the Institute of Chartered Accountants to incorporate the SEC’s views into the ICASL’s corporate governance code. The Securities & Exchange Commission says the changes should be made within the […]
Strategic Act
Senior Presidential Advisor Mano Tittawella on Wednesday told a conference hall full of donor agency representatives that a draft bill to set up the Strategic Enterprises Management Agency (SEMA) is being pushed through to give legal teeth to its reform agenda.Senior Presidential Advisor Mano Tittawella on Wednesday told a conference hall full of donor agency […]
Biscuit Treat
The corporate sector took a whacking, as state educationists say they need more than the right noises and more private sector involvement to provide services in rural schools.The corporate sector took a whacking, as state educationists say they need more than the right noises and more private sector involvement to provide services in rural schools. […]
Midas Touch
Haycarb, the 68 percent owned subsidiary of the conglomerate Hayleys Group, plans to set up shop in Indonesia, while a surge in world gold prices swells its bottomline.Haycarb, the 68 percent owned subsidiary of the conglomerate Hayleys Group, plans to set up shop in Indonesia, while a surge in world gold prices swells its bottomline. […]