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We too; We too
Government is planning to raise a record Rs. 26 billion through privatization and asset sales next according to the Finance Ministry. Government is planning to raise a record Rs. 26 billion through privatization and asset sales next according to the Finance Ministry. If achieved, the amount will be a record for privatization and asset sales. […]
‘ Edge
A spate of floods and drought affected the agriculture sector output in the last few years.A spate of floods and drought affected the agriculture sector output in the last few years. The sector is expected to record negative growth this year according to the Finance Ministry. Farmers who depend on rain to grow their crops […]
AS You Like It
Former Central Bank Governor A S Jayawardena said achieving revenue targets will be crucial for the success of the budget in a wide ranging interview with LBR about budgeting and Monterey Policy.Former Central Bank Governor A S Jayawardena said achieving revenue targets will be crucial for the success of the budget in a wide ranging […]
Some business leaders think its time to make a collective effort to drive the peace process forward
Some business leaders think its time to make a collective effort to drive the peace process forward.Some business leaders think its time to make a collective effort to drive the peace process forward. Recently a delegation of business leaders went to South Africa, to find out how the private sector there helped initiate peace in […]
The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are not resumed soon
The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are not resumed soon, based on the proposals submitted by the organization, but said it is prepared to discuss controversial issues.The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are […]
”, if peace talks are not resumed soon
The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are not resumed soon, based on the proposals submitted by the organization, but said it is prepared to discuss controversial issues.The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are […]
Compensation package for termination of employment coming in January
The Minister of Labour says a compensation package for terminated workers and an unemployment benefit scheme will be implemented in January 2005.The Minister of Labour says a compensation package for terminated workers and an unemployment benefit scheme will be implemented in January 2005. “We have decided on a new compensation formula.So it will come from […]
Sri Lanka bans tinted glasses on vehicles
Sri Lanka Thursday announced a ban on tinted glasses on vehicles and urged motorists to carry identity papers with them as the authorities moved to crack down on organised crime.Sri Lanka Thursday announced a ban on tinted glasses on vehicles and urged motorists to carry identity papers with them as the authorities moved to crack […]
Sri Lanka’s Tiger supremo turns 50 amid war and peace choice
Elusive Tamil Tiger guerrilla supremo Velupillai Prabhakaran, who turns 50 on Friday, is arguably the man who will decide whether Sri Lanka remains at peace or returns to war.Elusive Tamil Tiger guerrilla supremo Velupillai Prabhakaran, who turns 50 on Friday, is arguably the man who will decide whether Sri Lanka remains at peace or returns […]
Slight Hiccup
Commercial Bank of Ceylon reported a modest group profit growth after its bond trading unit took a hit following a rise in treasury yields. Commercial Bank of Ceylon reported a modest group profit growth after its bond trading unit took a hit following a rise in treasury yields. For the nine months ended Sept. 30 […]
PERC to invite bids for Hilton in January
Sri Lanka’s privatisation body Thursday said it will invite bids in January for the government’s majority stake in Hotel Developers Lanka Ltd. Sri Lanka’s privatisation body Thursday said it will invite bids in January for the government’s majority stake in Hotel Developers Lanka Ltd. “We are in the process of preparing the offer-for-sale document. We […]
Come On
Sri Lanka Thursday urged civil servants to work an extra hour saying it had the “dubious honour” of being the nation with the world’s highest number of public holidays. Sri Lanka Thursday urged civil servants to work an extra hour saying it had the “dubious honour” of being the nation with the world’s highest number […]