Tag: business

Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, the island’s Central Bank said Wednesday.Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, […]

Over one and a half million registered voters of Sri Lanka can’t vote at Sri Lankan elections because they are working abroad.Over one and a half million registered voters of Sri Lanka can’t vote at Sri Lankan elections because they are working abroad. Nearly 12 percent of Sri Lanka’s registered voter base of 13 million […]

The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building.The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building. “The deferred […]

The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building.The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building. “The deferred […]

Foreign investments bypassing paradise isle, despite preferential trade access to major world markets. Sri Lanka’s investment promotion agency, the Board Of Investment (BOI), says foreign investment is not flowing into the island, despite preferential access into two of the world’s largest markets – India, and the EU. “Investment into Sri Lanka has been stagnating for […]

Absorbing thousands of unemployed graduates into the public service has joined the usual list of breadwinners like telecom, manufacturing and agriculture to expand Sri Lanka’s second quarter economy, the country’s Central Bank said Friday.Absorbing thousands of unemployed graduates into the public service has joined the usual list of breadwinners like telecom, manufacturing and agriculture to […]

Sri Lanka’s annualised inflation eased to 12.7 percent in the twelve months to September, due to a drop in certain food prices, the Central Bank said Friday.Sri Lanka’s annualised inflation eased to 12.7 percent in the twelve months to September, due to a drop in certain food prices, the Central Bank said Friday. The twelve […]

Absorbing thousands of unemployed graduates into the public service has joined the usual list of breadwinners like telecom, manufacturing and agriculture to expand Sri Lanka’s second quarter economy, the country’s Central Bank said Friday.Absorbing thousands of unemployed graduates into the public service has joined the usual list of breadwinners like telecom, manufacturing and agriculture to […]

Sri Lanka’s annualised inflation eased to 12.7 percent in the twelve months to September, due to a drop in certain food prices, the Central Bank said Friday.Sri Lanka’s annualised inflation eased to 12.7 percent in the twelve months to September, due to a drop in certain food prices, the Central Bank said Friday. The twelve […]

Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer year-end bonuses to public servants and splash out billions of rupees by way of welfare subsidies, if it wins the November presidential poll, its leader said Tuesday. Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer […]

Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer year-end bonuses to public servants and splash out billions of rupees by way of welfare subsidies, if it wins the November presidential poll, its leader said Tuesday. Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer […]

The European Union said Monday that it may ban the LTTE and will no longer receive any Tamil Tiger delegation in its member states until further notice.The European Union said Monday that it may ban the LTTE and will no longer receive any Tamil Tiger delegation in its member states until further notice. “The European […]