More Horsepower
The Government is giving Parliament more power to crack the whip on errant public institutions and corporations by strengthening the Parliamentary Public …
Big Push
As some of the Tokyo aid dollars begin to roll in, a top level government committee is looking at fast tracking some of the key infrastructure projects.Top …
Aid Float
Sri Lankas cash float just got heavier, with the World Bank upping its aid from US$ 800 mn to US$ 1 bn over the next four years.rnldblquote For the next two …
Trade Net
Potential Euro-Sri Lankan business partners in the plastics and rubber sector will be linked up via a joint trade database floated today.rnLaunched by the …
Looking Glass
Government plans to set up 14 Oversight Committees to look over key state functions is on track, with proposals going to parliament in a few weeks.ldblquote …
Outright sales
Central Bank may start outright sales of government securities as early as next week with rising foreign inflows boosting the countrys money …
Bulls Eye
The Finance Minister said last week that fiscal targets were on track in his first Fiscal Position Report. The Government said that privatisation proceeds were …
Midyear Review
Sri Lankas top trade chamber has commended the government on pushing ahead with a series of legislative reforms, but said more work needs to be done to …
Pilot Test
ADB on Wednesday approved a technical assistance (TA) grant of US$800,000 to pilot test two community information networks that will bring vital information to …
Sustaining Power
Limited energy supply could hinder a so far promising economic recovery over the next few years, Central Bank officials warned today.rnrnldblquote If the …
VAT Slips?
The Value Added Tax continues to disappoint with revenues again falling short of expectations, with rising refunds eating away at collection.ldblquote Refunds …
On Target
The Sri Lankan economy grew by 5.5 percent in the first quarter of 2003, up sharply from growth of 0. online pharmacy …
More Money
Danish authorities on Tuesday signed a development co-operation agreement to fund a multitude of projects yet to be identified.rnrnThe fresh aid facility will …
Book Keeping
Independent reviews of public sector accounts will take off in July, in line with ongoing reforms to revamp the public sector to be accountable and …
Peace Rally
Banking stocks stole the market Thursday, with National Development Bank and NDB Bank (NBL) netting 50 percent of the Rs. 457.21 mn in total turnover.Brokers …
Lease Backed
Cash rich National Savings Bank (NSB) bought up Rs. buy amoxil online buy amoxil online no prescription 200 million worth of securitised paper last week, …
Racing On
The All Share index moved 15 points closer to the psychological 1000 point mark, closing at 969 on Wednesday.Despite the current gloom surrounding the peace …
Credit Drip
The World Bank Wednesday approved the first tranche of US$ 125 mn in support credit, to shore up the countrys poverty reduction strategy.rnrnThe Poverty …
Stately Homes
State housing finance giant, HDFC, is floating a construction company to cash in on the middle-upper income-housing boom.A fully owned subsidiary, HDFC …
Side Dish
The government wants an interim cure for the collapsed peace talks so it can stick to development plans and aid utilisation schedules. Proposals being touted …