Tag: Finance
‘s import bill for August
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, […]
Key Sri Lankan Tamil, Muslim parties back opposition presidential hope
Sri Lanka’s Tamil and Muslim parties, potential kingmakers in next month’s presidential polls, on Wednesday came out in support of the Sinhalese opposition candidate hoping he would end ethnic bloodshed.Sri Lanka’s Tamil and Muslim parties, potential kingmakers in next month’s presidential polls, on Wednesday came out in support of the Sinhalese opposition candidate hoping he […]
Thirst for fuel swells Sri Lanka’s import bill for August
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 1 million registered voters can’t vote because they work abroad
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 […]
‘s September inflation dips
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 […]
The US will defer Sri Lanka’s debt for a year as tsunami bonus
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 […]
‘s debt for a year as tsunami bonus
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 […]
Everybody’s getting richer says the Central Bank
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 September inflation dips
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 […]
Foreign investments bypassing paradise isle
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 […]
‘s getting richer says the Central Bank
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 main opposition party plans to splash millions on welfare subsidies and ban dowries
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 […]