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‘s inflation for May creeps up to 12.4%
Sri Lanka’s average inflation for May crept up, but the more responsive point-to-point data showed a declining trend.Sri Lanka’s average inflation for May crept up, but the more responsive point-to-point data showed a declining trend. Sri Lanka’s consumer price index crept up to 12.4 percent in the 12 months to May, up from 11.9 percent […]
Sri Lankan military intelligence commander shot dead in Colombo
Suspected Tamil Tiger guerrillas Tuesday shot dead the commanding officer of a Sri Lankan army intelligence unit as he drove to his office in Colombo, the military said. Suspected Tamil Tiger guerrillas Tuesday shot dead the commanding officer of a Sri Lankan army intelligence unit as he drove to his office in Colombo, the military […]
Tax Break
The Inland Revenue is adding priority banking to its list of concessions to good taxpayers.The Inland Revenue is adding priority banking to its list of concessions to good taxpayers. Inland Revenue’s Deputy Commissioner H B Senevirathne said a number of banks have agreed to offer concession to good tax payers, including startup-charge free credit cards […]
Come Clean
The World Bank is backing media and civil society groups to make information a ‘public good’ in Sri Lanka.The World Bank is backing media and civil society groups to make information a ‘public good’ in Sri Lanka. “Rule of law, good governance and GDP growth is much higher in countries with better access to information,” […]
Police inspector shot dead after Clinton’s visit to Sri Lanka’s east
Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Inspector […]
Sri Lankan president vows aid deal with Tigers amid Clinton pressure
Sri Lankan President Chandrika Kumaratunga Sunday vowed to share foreign aid with Tamil rebels a day after former US president Bill Clinton urged local politicians to support the controversial move.Sri Lankan President Chandrika Kumaratunga Sunday vowed to share foreign aid with Tamil rebels a day after former US president Bill Clinton urged local politicians to […]
Sovereign Rating Soon
Government has appointed a steering committee in a renewed push to obtain a sovereign rating ahead of attempts to tap the international market for debt to lower the borrowing cost. Government has appointed a steering committee in a renewed push to obtain a sovereign rating ahead of attempts to tap the international market for debt […]
The Challenge
A think tank said implementation will be the main challenge for the government now that donors have pledged the full tsunami reconstruction requirement. A think tank said implementation will be the main challenge for the government now that donors have pledged the full tsunami reconstruction requirement. The Institute of Policy Studies says transparency and accountability […]
Booby Trapped?
Dozens of Sri Lankans go overseas to surgically enhance their looks according to a local conglomerate that introduced a brand of implants to the local market. Dozens of Sri Lankans go overseas to surgically enhance their looks according to a local conglomerate that introduced a brand of implants to the local market. But importers are […]
Be Prepared
Central Bank is pushing commercial banks to improve risk management and be ready to adopt stringent ‘BASEL II’ standards soon after they are implemented.Central Bank is pushing commercial banks to improve risk management and be ready to adopt stringent ‘BASEL II’ standards soon after they are implemented. The banks deputy governor Ranee Jayamaha told LBR […]
Guessing Game
The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key unions opposed donor-backed reforms.The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key […]
”s east
Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Inspector […]