Category: Economy and Markets
Inland Revenue gunning for GST dues again
The Inland Revenue says it is gunning for GST dues again this year since the current amnesty is not valid for indirect taxes.The Inland Revenue says it is gunning for GST dues again this year since the current amnesty is not valid for indirect taxes. “We are going to collect all GST dues.Even if anyone […]
Three killed in Sri Lanka blast as Bush and Clinton tour
Three people were killed and 38 injured in a blast at a courthouse in southern Sri Lanka, police said, as former US presidents George Bush and Bill Clinton toured the region.Three people were killed and 38 injured in a blast at a courthouse in southern Sri Lanka, police said, as former US presidents George Bush […]
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Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said.Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said. Bush and Clinton will arrive in […]
Sri Lanka on alert ahead of ex-US presidents’ visit
Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said.Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said. Bush and Clinton will arrive in […]
Asian Human Rights Commission raps Sri Lanka for heavy customs duties blocking aid.
The Asian Human Rights Commission (AHRC) rapped Sri Lanka on Friday for heavy customs duties on relief goods, blocking up aid at the port.The Asian Human Rights Commission (AHRC) rapped Sri Lanka on Friday for heavy customs duties on relief goods, blocking up aid at the port. The AHRC says 100 container loads of relief […]
Multi-donor Asian Tsunami Fund approved by ADB
The Asian Development Bank (ADB) approves the setting up of a multi-donor Asian Tsunami Fund on Thursday.The Asian Development Bank (ADB) approves the setting up of a multi-donor Asian Tsunami Fund on Thursday. “ADB’s Board of Directors yesterday approved the setting up of a multi-donor Asian Tsunami Fund, with ADB making its own initial contribution […]
The Central Bank says it has got Rs. 5.9 bn in tsunami aid to date.
The Central Bank said on Friday that it had received Rs. 5.9 bn in tsunami aid through government and Non Governmental Agencies as at February 15.The Central Bank said on Friday that it had received Rs. 5.9 bn in tsunami aid through government and Non Governmental Agencies as at February 15. The funds had come […]
Legal experts are proposing a new technique to carry out securities transactions, more easily, cutting costs and legal uncertainties
Sri Lanka’s financial market players are looking for ways to carry out securitisation transactions, to cut costs and legal uncertainties.Sri Lanka’s financial market players are looking for ways to carry out securitisation transactions, to cut costs and legal uncertainties. The latest proposal is a legal techniques knows a Declaration of Trust, where a group of […]
Iran seeks more trade with Sri Lanka, offers US$ 10 mn for tsunami relief
Iran gave US$ 10 mn to Sri Lanka for tsunami relief during talks here Thursday on increasing bilateral trade in tea and oil, a government statement said.Iran gave US$ 10 mn to Sri Lanka for tsunami relief during talks here Thursday on increasing bilateral trade in tea and oil, a government statement said. Discussions were […]
Make use of lowering trade barriers in China, says the Chinese government
Sri Lankan exporters and tourism industry must make use of lowering trade barriers in the US$ 13 trillion Chinese economy, says the Chinese government.Sri Lankan exporters and tourism industry must make use of lowering trade barriers in the US$ 13 trillion Chinese economy, says the Chinese government. “There are many opportunities in China after the […]
Top UN officials to meet local lawmakers to set up a team on disaster preparedness.
Top officials of the United Nations will tour tsunami hit Asia, also meeting local lawmakers to help set up a select committee on disaster preparedness.Top officials of the United Nations will tour tsunami hit Asia, also meeting local lawmakers to help set up a select committee on disaster preparedness. Sri Lanka has asked for United […]
Sri Lanka expects to reign in its galloping inflation in the next few months, but savers will still get a raw deal as the Central Bank fights shy to tighten monetary policy
Sri Lanka expects to reign in its galloping inflation in the next few months, but savers will still get a raw deal as the Central Bank fights shy to tighten monetary policy.Sri Lanka expects to reign in its galloping inflation in the next few months, but savers will still get a raw deal as the […]