Sand to Maldives The cabinet has granted approval to sell sea sand in the Kirinda harbor to the Maldives, the Geological Survey and Mines Bureau told. [Views:29] [Thu, Sep 02, 2010] [Full Article]
Gas tax goes up The Finance Ministry has decided to increase the import tax on gas by Rs. 5 from today. The decision has been communicated to the Customs Authority, the Tariff Facilitation and Appraisement department of the Customs Authority told. [Views:23] [Thu, Sep 02, 2010] [Full Article]
Laugfs gas comes down: Shell unchanged The price of a 12.5 kilogram cylinder of Laugfs domestic LP gas has been reduced by Rs. 46 with effect from midnight today (August 31). The revised price will be Rs. 1593. Shell LP domestic gas prices will however remain unchanged at Rs. 1,652 per 12.5 kg cylinder.
[Views:26] [Wed, Sep 01, 2010] [Full Article]
Changes in CEB All Deputy General Managers of the Ceylon Electricity Board (CEB) will be transferred in a move to make the CEB a more efficient institution and minimize its losses, CEB Chairman Vidya Amarapala told. [Views:25] [Tue, Aug 31, 2010] [Full Article]
Rs. 30 tax slapped on imported potatoes A tax of Rs. 30 is to be imposed on every kilogram of potatoes imported. The Finance Ministry Secretary has been directed by President Mahinda Rajapaksa to implement this tax with immediate effect, says the President’s Media Unit. [Views:35] [Wed, Aug 25, 2010] [Full Article]
CB lowers reverse repo rate by 50 base points The Monetary Board, at its meeting held on 19 August 2010, has decided to reduce the Reverse Repurchase rate by 50 basis points with immediate effect, while keeping the Repurchase rate unchanged. Accordingly, the Repurchase rate and the Reverse Repurchase rate of the Central Bank would be 7.25 per cent and 9.00 per cent, respectively. [Views:51] [Sat, Aug 21, 2010] [Full Article]
Couldn’t have achieved what we did without the UN – Basil We could not have achieved what we did without the help of all humanitarian workers and especially the UN, Economic Development Minister Basil Rajapaksa said today at a function held at the UN compound to mark the World Humanitarian Day.
[Views:58] [Fri, Aug 20, 2010] [Full Article]
Sri Lanka at the brink of ‘inevitable 10pct growth rate’ – Anand Mahindra We are looking to invest in a variety of sectors not just tourism or financial service, maybe in all ten sectors we operate in, Vice Chairman and Managing Director of Mahindra and Mahindra Ltd. Anand Mahindra told in an exclusive interview with Ada Derana [Views:46] [Fri, Aug 20, 2010] [Full Article]
ADB VP in Lanka Asian Development Bank (ADB) Vice President , Xiaoyu Zhao will visit Sri Lanka from 19-21 August 2010, where he will hold discussions with the Government and visit ADB funded projects especially in the north of Sri Lanka. [Views:54] [Wed, Aug 18, 2010] [Full Article]
Regulations for mopeds New regulations will be put in place for mopeds to prevent the high number of accidents that occur in the country due to these low power vehicles, told B.D.L. Dharamapriya Commissioner General of the Department of Motor Traffic. [Views:58] [Tue, Aug 17, 2010] [Full Article]
Qatar, Lanka sign deal to regulate air traffic Qatar and Sri Lankasigned a memorandum of understanding (MoU) on bilateral air service, here, yesterday. The air service agreement was signed by Abdul Aziz Al Noaimi, Chairman of Qatar Civil Aviation Authority representing and K V P R de Silva, the Secretary of the Ministry of Ports and Aviation, Sri Lanka. [Views:50] [Thu, Aug 12, 2010] [Full Article]
Restaurants shut The police shut down at least 17 restaurants operating in the Kurunegala area without a valid license, Kurunegala SSP Vas Gunawardena told. [Views:37] [Thu, Aug 12, 2010] [Full Article]
Lanka gets tough The Sri Lanka Foreign Employment Bureau says that they have decided not to send domestic workers to Jordan if the domestic workers are to receive a pay less than 200 US Dollars. [Views:51] [Wed, Aug 11, 2010] [Full Article]
Shares rebound, jump as much as 5 pct Sri Lanka’s benchmark share index .CSE jumped more than 5 percent on Tuesday, clawing back early losses, as investors hunted for bargains after heavy selling in recent sessions sparked by regulatory curbs on how much share prices can move. [Views:54] [Wed, Aug 11, 2010] [Full Article]
Private bus owners withdraw from Road Passenger Transport Authority All Island Private Bus Owners’ Association will withdraw completely from the management of the Western Province Passengers Transport Authority, says the President of the All Island Private Bus Owners’ Association, Gamunu Wijerathne. [Views:47] [Wed, Aug 11, 2010] [Full Article]
Busmen go to courts over Colombo-Jaffna route permits The Lanka Private Bus Operators’ Association (LPBOA) is to go to courts against what it claims the loss incurred by the government from private buses operating between Colombo and Jaffna. [Views:63] [Mon, Aug 09, 2010] [Full Article]
Sri Lanka tea export earnings to hit record high Sri Lanka is expected to earn a record 1.4 billion dollars from its tea exports this year thanks to a bumper crop, an official said Thursday. Tea, Sri Lanka’s biggest cash crop, earned 71.3 billion rupees (635 million dollars) in the first six months of 2010 compared with 58.2 billion rupees in the corresponding period last year. [Views:68] [Fri, Aug 06, 2010] [Full Article]
Inflation drops further in July Inflation decreased to 4.3 per cent in July from 4.8 per cent in June 2010, figures released by the Central Bank’s Department of Census and Statistics said. [Views:72] [Wed, Aug 04, 2010] [Full Article]
Emirates to fly Male-Colombo daily Dubai-based airline Emirates is set to launch daily scheduled flights between the Maldives and Sri Lanka from August 1, increasing its services from Colombo to Male from four to five flights a week. [Views:95] [Fri, Jul 30, 2010] [Full Article]
Tariff case dismissed The Supreme Court today refused to grant leave to proceed with the fundamental rights petitions filed by Bharati Airtel Lanka (Pvt) Ltd as well as two consumers challenging the floor price imposed on tariffs implemented by mobile operators. [Views:98] [Fri, Jul 30, 2010] [Full Article]
