Tag: economy

A Swiss man was killed by a grenade thrown into his bathroom by suspected Tamil Tiger rebels amid escalating violence in eastern Sri Lanka, police and military officials said Tuesday A Swiss man was killed by a grenade thrown into his bathroom by suspected Tamil Tiger rebels amid escalating violence in eastern Sri Lanka, police […]

With the Speaker finally certifying the new amnesty law, the Inland Revenue is getting ready to call for another round of pardons to tax defaulters.With the Speaker finally certifying the new amnesty law, the Inland Revenue is getting ready to call for another round of pardons to tax defaulters. “The Act has been certified so […]

Sri Lanka’s top civil servant in charge of the economy apologized to the media after they were thrown out of a donor meeting earlier in the week at the behest of a top lending agency.Sri Lanka’s top civil servant in charge of the economy apologized to the media after they were thrown out of a […]

The government will present a new poverty reduction strategy based on accelerating rural growth and export oriented market strategies to donors by the end of the year.The government will present a new poverty reduction strategy based on accelerating rural growth and export oriented market strategies to donors by the end of the year. The Finance […]

Sri Lanka Customs Officers Union says a reward is on offer for assistance in the apprehension of the gunmen who attempted to shoot Senior Superintendent Athula Lankadeva.Sri Lanka Customs Officers Union says a reward is on offer for assistance in the apprehension of the gunmen who attempted to shoot Senior Superintendent Athula Lankadeva. Mr. Lankadeva […]

Royal Ceramics (RCL) share will be suspended for trading over three day to allow the company to push through a share capital restructuring proposal.Royal Ceramics (RCL) share will be suspended for trading over three day to allow the company to push through a share capital restructuring proposal. Shareholders on Tuesday approved the proposal to subdivide […]

Government expenditure is estimated to go up to Rs.438 bn in 2005, from Rs. 353 bn this year, Finance Minister, Dr.Sarath Amunugama told parliament.Government expenditure is estimated to go up to Rs. 438 bn in 2005, from Rs. 353 bn this year, Finance Minister, Dr. Sarath Amunugama told parliament. Presenting government finances for next year […]

The government and the Central Bank have lost their independence in setting fiscal and monetary policies, the Treasury Secretary said in Colombo last week.The government and the Central Bank have lost their independence in setting fiscal and monetary policies, the Treasury Secretary said in Colombo last week. The falling government revenue has meant that increasing […]

Import tax on cars, vans and dump trucks went up from midnight Thursday after excise duty on these vehicle categories were increased. Import tax on cars, vans and dump trucks went up from midnight Thursday after excise duty on these vehicle categories were increased. Excise duty on cars went up from 25 percent up to […]

The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of interest from the LTTE.The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of […]

Sri Lanka and India are trying to harmonise standards and certification procedures between the two countries by early next year to move the Indo-Lanka agreement another step forward.Sri Lanka and India are trying to harmonise standards and certification procedures between the two countries by early next year to move the Indo-Lanka agreement another step forward. […]

The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of interest from the LTTE.The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of […]