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US administration fights new Iran sanctions by parliament

WASHINGTON, November 26, 2013 (AFP) - The US administration stepped up its battle Tuesday to thwart moves by lawmakers to tighten sanctions on Iran, warning …

November 27, 2013 | Politics | Read More

Sri Lanka biz chamber recognizes corporate good works

Nov 27, 2013 (LBO) - Sri Lanka's Ceylon Chamber of Commerce has announced the winners of its 'Best Corporate Sustainability Awards' which encourages firms to …

November 27, 2013 | Economy | Read More

Sri Lanka state firms to repay debt, but Treasury guarantees up

Nov 27, 2013 (LBO) - Sri Lanka's state energy firms are repaying debt to banks with returning profits, but off-budget bank borrowings under Treasury guarantees …

November 27, 2013 | Economy | Read More

Lubricant Liberties

Nov 26, 2013 (LBO) - Sri Lanka will shortly license more players to sell lubricants in in the island officials said, expanding the freedoms of citizens. online …

November 26, 2013 | Petroleum | Read More

Sri Lanka income tax responds strongly to rate reduction

Nov 26, 2013 (LBO) - Sri Lanka's income tax volumes showed the strongest gain following a cut in the rates, in the middle of an economic downturn the reduced …

November 26, 2013 | Economy | Read More

Sri Lanka chamber forum with legislators on budget

Nov 26, 2013 (LBO) - Sri Lanka's Ceylon Chamber of Commerce said it is holding a forum with legislators from key political parties set to take part. online …

November 26, 2013 | Economy | Read More

Sri Lanka bans remembrance of Tamil Tigers

COLOMBO, November 25, 2013 (AFP) - Sri Lanka's military Monday announced a ban on commemorations of the island's defeated Tamil Tiger rebels following reports …

November 26, 2013 | Politics | Read More

Sri Lanka budget good for rating: Fitch

Nov 25, 2013 (LBO) - Fitch Ratings said the Sri Lanka's recent budget would help Sri Lanka's 'BB'' sovereign rating. buy lariam online …

November 25, 2013 | Economy | Read More

Petro Gains

Nov 24, 2013 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has reached break-even level and made a marginal loss after adjusting for losses on …

November 24, 2013 | Petroleum | Read More

Sri Lanka opposition slams cronyism in budget, commends restraints

Nov 23, 2013 (LBO) - Sri Lanka's main opposition United National Party slammed the 'cronyism' displayed in some of the tax cuts but said bringing down the …

November 23, 2013 | Economy | Read More

Sri Lanka targets lower deficit in 2014 budget, ups protectionism

Nov 22, 2013 (LBO) - Sri Lanka has slapped a series of new taxes to raise revenue and worsen protectionism setting an ambitious state revenue targets for 2014 …

November 22, 2013 | Economy | Read More

Sri Lanka to tax land leased to foreigners at 15-pct

Nov 21, 2013 (LBO) - Sri Lanka will stop the freehold sale of state or private citizen's land to foreigners and will charge a 15 percent tax on leases, …

November 21, 2013 | Economy | Read More

Sri Lanka raises telecom levy, ups taxes on foods, removes VAT exemptions

Nov 21, 2013 (LBO) - Sri Lanka has raised a tax on telecom services and imposed import taxes on a series of foods and other goods to help favoured businessmen …

November 21, 2013 | Economy | Read More

Sri Lanka presents budget amid slow economy

Nov 21, 2012 (LBO) - Sri Lanka is presenting at budget to the parliament for 2014 today amid tight economic conditions that has reduced tax revenues in the …

November 21, 2013 | Economy | Read More

Sri Lanka expects 8.0-pct growth, 5.2-pct budget deficit in 2014

Nov 21, 2013 (LBO) - Sri Lanka is expected to grow 8. online pharmacy buy spiriva inhaler with best prices today in the USA buy naprosyn online …

November 21, 2013 | Economy | Read More

Sri Lanka state carriers to get US$200mn bailout

Nov 21, 2013 (LBO) - State-run SriLankan Airlines and Mihin Lanka will be given 200 million US dollars bailout in the 2014 budget, President Mahinda Rajapaksa …

November 21, 2013 | Economy | Read More

Sri Lanka offers tax breaks for R&D, royalties

Nov 21, 2013 (LBO) - To encourage research and development a tax deduction will be raised to 300 percent, and royalties will be made tax free, President …

November 21, 2013 | Economy | Read More

Sri Lanka to impose 2-pct tax on banks, ups export and import taxes – Updated

Nov 21, 2013 (LBO) - A two percent nation building tax will be imposed on banks, export taxes will be charged on cinnamon and pepper and import taxes will be …

November 21, 2013 | Economy | Read More

Sri Lanka port leases tanks to Litro Gas

Nov 20, 2013 (LBO) - State-run Sri Lanka Ports Authority said it had leased liquefied petroleum gas tanks in a facility at newly built Hambantota port to …

November 20, 2013 | Petroleum | Read More

Sri Lanka has to guard against external risks: IMF

Nov 20, 2013 (LBO) - Sri Lanka has expressed a commitment to keep the budget deficit down next year, but the country has to guard against external risks and …

November 20, 2013 | Economy | Read More
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