We have a debt to pay to our fans, Sangakkara says Below is an exclusive interview given by Sri...
Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening Sri Lanka’s National Rugby Coach Phil Greening, the...
Former Chairman of the Sri Lanka Tea Board Lalith Hettiarachchi cautions that the productivity of the local tea industry is in danger as replanting is not taking place in the tea Plantations.
He said the productivity drop will be experienced in the not to distant future if the overall norms of replanting is not met.
The Former [...]
Sri Lanka’s Touchwood PLC, has decided to go in for a rights issue, to raise Rs. 532 million in a bid to expand company’s current operations.
A statement by the company said, the funds once raised will be invested to expand the acreage under cultivation and also introduce new products.
Under the terms of the rights issue, [...]
The International Monetary Fund said yesterday that they are encouraged by the set of policies laid out by the government intended at correcting the slippages and move towards sustainable deficit reduction plan, by securing spending for protecting the most vulnerable parts of the society.
This was stated by Dr. Brian Aitken who led a review mission [...]
The 5 member “IMF Standby Review Mission” currently in Sri Lanka to ascertain, whether they should continue with the ongoing IMF program in Sri Lanka or not, started its “review meetings” this morning.
The team was expected to meet with Dr. Sarath Amunugama, the Deputy Minister of Finance and Planning this morning, starting its series of planned [...]
IMF Resident Representative here in the Island Dr. Koshy Mathai says, the IMF program will play a confidence building role, for the Sri Lankan economy.
Mathai said this, when www.news360.lk asked him whether Sri Lanka has a real need to continue with the current IMF program.
In reply he said, “The need for IMF dollars in order [...]
Credit flows to Sri Lanka’s private sector has contracted 2009 by 5.7%, compared to a growth of 7 % at end 2008, which is still a slower growth rate.
Central Bank says this is a “considerable” decline and attributes the sharp decline to the negative spin-off effects of the global financial crisis on domestic economic activity.
The [...]
Rentokil obtains ISO certification for its unique Wood Preservation process
BOC rewards its customers
‘Queen Elizabeth’ in Sri Lanka
Cathay offers Hongkong Disneyland summer packages
Foreign tour operators at the EXPO 2012
Big screen in Geneva showing the results
Nupur Mehta accused of match fixing says she has “dated” Dilshan