From left: Treasury Secretary and Finance and Mass Media Ministry Secretary Dr. R.H.S. Samaratunga, Finance and Mass Media Minister Mangala Samaraweera and SLC Director General P.S.M. CharlesPic by Waruna Wanniarachchi Says Customs failed to achieve revenue target set for 2018 due to activities of port mafia Charges port mafia is led by certain businesses with support of … [Read more...] about Removal of Charles aimed at crushing “port mafia”: Mangala – Daily Mirror
sri lanka cricket
Customs TU action cripples Colombo business – Daily Mirror
Food importers and wholesalers shut their shops in the capital city yesterday, demanding the government to resolve trade union action by Customs officials. Picture shows a labourer sleeping on a cart in a street in Pettah without any work. However, following discussions with the Finance Minister and the President last night, Custom trade unions had called-off all trade union … [Read more...] about Customs TU action cripples Colombo business – Daily Mirror
‘We’re bringing discipline to the Fiscal Policy’ – Daily Mirror
Non-Cabinet Minister of Economic Reforms and Public Distribution Dr. Harsha de Silva spoke to the Daily Mirror regarding his engagement with the International Monetary Fund (IMF) and future plans. Excerpts: We’ll look at some intertemporal shifts to strike a balance between public concessions and revenue targets We know this is an election year If you eat more today, … [Read more...] about ‘We’re bringing discipline to the Fiscal Policy’ – Daily Mirror
Sri Lanka @ 71 adrift in a chaotic world – Daily Mirror
oday the country celebrates its 71 anniversary of independence at a time marred by internal political divisions and heading towards decisive elections which may yet not fix most of our system of governance that has metastasized, with the only hope of a complete makeover which is unimaginable at the current conjuncture.This column will focus on the greater challenges of a … [Read more...] about Sri Lanka @ 71 adrift in a chaotic world – Daily Mirror
China and Singapore to invest US $ 1.1bn in cement and steel plants – Daily Mirror
Development Strategies and International Trade Minister Malik Samarawickrama chairs 17th Exporters’ Forum along with Ministry Secretary S.T. Kodikara (extreme left), Deputy Minister Nalin Bandara (left) and Export Development Board Chairperson Indira Malwatte (extreme right)Pic by Pradeep Pathirana Over US $ 10bn investments from Singapore under discussions Steel … [Read more...] about China and Singapore to invest US $ 1.1bn in cement and steel plants – Daily Mirror
JKH records growth in 3Q despite challenging operating conditions – Daily Mirror
Top line increases 17% to Rs.36.5bn Net profit up 7% helped by tax reversal SAGT boosts transportation sector profits Ice cream volumes show early signs of recovery Supermarket biz gaining momentum following rebranding Sri Lankan and Maldives resorts show improvement ‘Tri-Zen’ to impact property performance from June quarter Financial sector hit by marked to … [Read more...] about JKH records growth in 3Q despite challenging operating conditions – Daily Mirror
Developing human resources SL’s best bet to move forward – Daily Mirror
By Nishel Fernando Sri Lanka must prioritize developing its human resources with continuous investments over hard infrastructure developments, to move forward with the increasing competition in the South Asian region, which is overshadowed by economies with large populations, according to the country’s junior finance minister. “We need to recognise our human resources. … [Read more...] about Developing human resources SL’s best bet to move forward – Daily Mirror
CB cuts foreign holding in G-Secs to limit hot money stock – Daily Mirror
Reduces threshold of foreign investment in T-bills and bonds from 10% to 5% Currently, foreign holding stands below 5.0 % of total stock of issued G-secs Foreigners held around 3.11 % of total G-Secs stock at end of 2018 Foreigners sold net Rs.159.9bn of G-secs during 2018; rupee fell 19% Sri Lanka’s Central Bank has cut foreign investor threshold in purchasing … [Read more...] about CB cuts foreign holding in G-Secs to limit hot money stock – Daily Mirror
Footwear and Leather Fair 2019 – Daily Mirror
The 11th Footwear & Leather Fair opened at the BMICH yesterday. The events brings together exhibitors comprising manufacturers, suppliers and exporters who specialize in products like travel goods, footwear, leather goods, raw materials, machineries, chemicals, components and accessories and other services related to the sector. Picture shows former Export Development … [Read more...] about Footwear and Leather Fair 2019 – Daily Mirror
Asian markets end week on strong note – Daily Mirror
There are hopes that next week’s meeting in Washington between top Chinese and US officials will see some progress HONG KONG (AFP) - Asian markets rose yesterday putting them on course to end a shaky week on a positive note as investors look ahead to crucial trade talks between China and the United States at the end of the month.Small signs of a break in the impasse on … [Read more...] about Asian markets end week on strong note – Daily Mirror
