ADB lends US$ 570 mn focusing on infrastructure and rehabilitation
The ADB is planning to lend US$ 570 m to Sri Lanka over the next two years, according to a Country Strategy and Program (CSP) Update for 2005-2006 endorsed by …
Profits Evaporated
Local gas consumption is expected to slide further following recent price hikes, but market mover, Shell, says it is still loosing millions of rupees each day. …
Mercury Rising
The Treasury says it will try to maintain fiscal discipline and try to keep interest rates low as much as possible.buy ivermectin online buy ivermectin online …
Energy Costs
The government is trying to sell its watered down electricity sector reform plans to lending agencies and top up sector funds this month. The government is …
Joint Forces
India’s energy sector currently going through an overhaul might see state owned Bharat Petroleum merge with Indian Oil Corp. online pharmacy buy ivermectin …
Sri Lanka’s inflation nudged up to double digit levels in August
Sri Lanka's inflation nudged up to double digit levels in August, as a hefty oil bill and a falling rupee took its toll on the economy.buy clomid online buy …
Shadow Boxing
The Public Utilities Commission will kick off work as a multi-sector watchdog, shadow regulating electricity services and later, the unbundled Ceylon …
Running Dry
The Water Board has asked for Danish help to fund a water treatment plant on the right bank of the Kelani River to bridge a 20-mn gallon a day shortfall to …
Gassed Up
Shell Gas may have to jack up prices by as much as Rs. online pharmacy buy synthroid with best prices today in the USA 100 a cylinder come September, as it …
Sri Lanka’s leading business chamber urges upward revisions to local fuel prices.
Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates. online pharmacy buy …
The Millennium Challenge Corporation announces the latest criteria to apply for assistance
The Millennium Challenge Corporation (MCC) announces the latest criteria on how developing countries can apply for assistance from its US bn fund in 2005. …
Short Circuit
Cabinet Spokesperson Mangala Samaraweera said Thursday that Cabinet approval for an electricity tariff hike was deferred, after no agreement was reached on how …
Hot Rod
A proposed 23 percent wage hike for Ceylon Electricity Board employees will be taken up tomorrow, appeasing trade unions that threatened to strike work on …
Sri Lanka’s traded deficit touched US$ 1.12 billion by June
Sri Lanka’s traded deficit touched US$ 1. online pharmacy buy diflucan with best prices today in the USA buy vilitra online …
Dizzy News
Domestic users will be slapped with a five percent hike in electricity tariffs and an eight percent hike in bus and rail fares, as the Treasury factors in …
Low Fuel
Treasury Secretary Dr. P B Jayasundara appealed to the public and business community to curb fuel consumption, and brace themselves for further oil-led …
India and Sri Lanka decide to tighten the knot for a closer fit under free trade pact
The latest round of talks on the Indo-Lanka FTA ended in Colombo this week with a promise to come closer together under the textile sector umbrella. buy …
Called Off
Ceypetco unions said Wednesday that they would not disrupt fuel supplies on the assurance that any decision on a third petroleum player would be fully …
Treasury Secretary dismisses speculations of exchange control limits, says rupee to stabilise at 102 to the US dollar
Treasury Secretary Dr. P B Jayasundara dismissed market talk of exchange control limits, saying that foreign inflows are on target to stabilise rupee at 102 to …
Holding Off
Crucial talks between Ceypetco unions and the President over plans for a third player in the retail petroleum sector was put off until Wednesday. buy cenforce …