Rural Rescue
rnrnrnrnrnrnThe rural and informal private sector should step up their investmentsrnand business initiativesrnrnrnrnrnTotal investment inrn2002 dropped 0.7 per …
Perception Problem
rnrnrnrnrnrnApril 2003rnrnrnrnrnInflationrnrate measured on a 12-months moving average remained static at 9.9 percent inrnApril, from the previous month, the …
Border Crossing
Sri Lankas trade deficit widened to Rs. 271 million by February, fuelled by higher imports of consumer and intermediary goods. buy arimidex online …
Quick Flow
The Asian Development Bank plans to raise its annual contributions to Sri Lanka to about US$ 250 mn and is also keen the government steps up its aid …
Asset Sale
The government hopes to sell off a further 8.5 percent of its shares held in Sri Lanka Telecom this year, as part of its privatisation programme. online …
Leap Frog
The Central Bank is optimistic the economy will leap frog and can add another 4 percent growth, if the peace initiatives continue.Central Bank governor A S …
Avrudu Bonus
Sri Lanka on Friday received a US$ 567 mn concessionary aid package from the International Monetary Fund.The funds will be disbursed over a three-year period …
Building Blocks
The has government got international commitment to raise in excess of a billion dollars, over the next three years to rebuild the war ravaged economy.The …
Quality Growth
The National Chamber of Commerce Sri Lanka is advocating a socio economic policy that will benefit the masses.Economists say that regular U turns in national …
Safe Hands
The Mahapola Trust Fund has floated a fully owned subsidiary to manage its fee and fund based activities.The new firm, National Wealth Corp. (NWC), will invest …
New Year Tidings
The Swedish government on Monday agreed to lend Rs. 3.083 bn towards economic and social development projects.buy xifaxan online buy xifaxan online no …
First Dip
The World Bank is expected to release the first US$ 100 mn tranche from its poverty reduction strategy to the government in early June.The funds come under the …
Public Poll
A proposal to have a referendum to test the pulse of the people on the ongoing peace process has got the governments attention.Civic groups have approached the …
Labour Export
Asian countries producing the world migrant worker population will lobby for free labour migration at future trade negotiations with developed economies.rnThe …
Danish Love
The government on Monday signed up for US$ 60 mn worth of aid from the Kingdom of Denmark to finance key development projects.Around 35 percent of the aid …
Builders Inc.
The Urban Development Authority on Monday rolled out its ambitious plans to build low income housing in densely populated Colombo. Ten locations have been …
Golden Handshake
The government is seeking World Bank funding to reduce the public sector cadre by offering them a voluntary retirement package.The government is planning to …
Wider Gap
rnrnrnrnrnrnNew Page 1rnrnrnrnrnTrade deficit expanded to US$ 150 mn in Januaryrnfrom US$ 131 mn in the same period 2002, largely due to higher import costs, …
Yen Deposits
Sri Lanka on Tuesday signed up for Rs. 26.1 bn in long-term funds from the Japanese government to develop key sectors in the economy.The loan carries a 2.2 …
Big Catch
The Ministry of Fisheries is pushing for new infrastructure to harbour foreign vessels fishing in international waters off Sri Lanka. Thernproposal along with …