* Managing fiscal deficits can increase investments in health and education in Sri Lanka - World Bank Thu, Feb 21, 2019, 08:17 pm SL Time, ColomboPage News Desk, Sri Lanka.Sri Lanka must reduce its fiscal deficits to create the space for critical investments in health, education and social protection. Feb 21, Colombo: What happens when a population pyramid no longer resembles … [Read more...] about Sri Lanka : Managing fiscal deficits can increase investments in health and education in Sri Lanka
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Red clay roofing tile industry urges govt. to relax excessive red tape blocking raw material sourcing – Daily Mirror
Says excessive red tape hikes production costs Number of active clay roofing tile plants down to 200 By Nishel FernandoSri Lanka’s red clay roofing tile industry recently urged the government to reduce excessive regulations and procedures in place with regard to sourcing their main raw material—clay— which has hiked the cost production, driving over 200 clay roofing … [Read more...] about Red clay roofing tile industry urges govt. to relax excessive red tape blocking raw material sourcing – Daily Mirror
World Bank commends the progress of Sri Lanka poverty alleviation programs
* World Bank commends the progress of Sri Lanka poverty alleviation programs Sat, Feb 16, 2019, 01:34 pm SL Time, ColomboPage News Desk, Sri Lanka. Feb 16, Colombo: The World Bank has commended the progress achieved in the programs launched by Sri Lanka to alleviate poverty among rural masses. World Bank Vice President South Asia Region Dr. Hartwig Schafer, who is … [Read more...] about World Bank commends the progress of Sri Lanka poverty alleviation programs
KKS port area to be made vibrant economic hub: PM – Daily Mirror
Prime Minister Wickremesinghe and Ports Development Minister Sagala Ratnayaka taking a look at the development planPic by Pradeep Pathirena Prime Minister Ranil Wickremesinghe said step would be taken to develop a vibrant economic hub around the Kankesanthurai harbour that would be transformed into a commercial port with Indian assistance.Wickremesinghe visited the … [Read more...] about KKS port area to be made vibrant economic hub: PM – Daily Mirror
Hutch signs BOI agreement to invest US $ 115mn – Daily Mirror
From Left: Hutch Head of Legal Sharmini Jayasuriya, CFO Lalith Fernando, Finance and Operations Advisor Bandhunath De Alwis, CEO Thirukumar Nadarasa CEO Hutch, BOI Director General Champika Malalgoda Director and Senior Deputy Director-Legal, Shama Herath Hutchison Telecommunications Lanka (Pvt) Ltd (Hutch) signed a supplementary agreement with the Board of Investments … [Read more...] about Hutch signs BOI agreement to invest US $ 115mn – Daily Mirror
Govt. to spend extra Rs.1.2bn on plantation sector worker wages – Daily Mirror
From right: Plantation Industries Minister Navin Dissanayake, Sri Lanka Tea Board Chairman Lucille Wijewardena and a Sri Lanka Tea Board official Pic by Kushan Pathiraja By Nishel FernandoThe government yesterday said it would contribute Rs.50 to the daily wage of every tea plantation worker, for a period of one year, which can only be described as a desperate measure to … [Read more...] about Govt. to spend extra Rs.1.2bn on plantation sector worker wages – Daily Mirror
Sri Lanka advertises for hangmen – Daily Mirror
Sri Lanka began advertising for hangmen this week, as the President Maithripala Sirisena pushes ahead with a hardline policy modeled on the Philippines, to combat drug trafficking. The photo shows a man reading an advertisement of the vacancy for hangmen published on a local newspaper(Reuters Photo)Source link … [Read more...] about Sri Lanka advertises for hangmen – Daily Mirror
Hayleys bounces back in 3Q with strong sectoral contributions – Daily Mirror
Diversified conglomerate Hayleys PLC with an asset base of Rs.233 billion, bounced back strongly during the quarter ended December 31, 2018 (3Q18), after recording losses for two consecutive quarters, the interim financial accounts released to the Colombo bourse showed. The group earnings for the quarter under review improved to Rs.5.86 a share or Rs.439.4 million, compared … [Read more...] about Hayleys bounces back in 3Q with strong sectoral contributions – Daily Mirror
Sri Lanka to take sports tourism towards a new dimension hosting Adventure Racing World Championship’
* Sri Lanka to take sports tourism towards a new dimension hosting Adventure Racing World Championship' Tue, Feb 12, 2019, 12:05 pm SL Time, ColomboPage News Desk, Sri Lanka. Feb 12, Colombo: Sri Lanka Tourism Promotion Bureau (SLTPB) will be making inroads towards sports tourism, by supporting the internationally acclaimed adventure sporting event "Adventure Racing World … [Read more...] about Sri Lanka to take sports tourism towards a new dimension hosting Adventure Racing World Championship’
Strong sectoral contributions drive Hayleys third quarter PBT to Rs. 1.7 billion
* Strong sectoral contributions drive Hayleys third quarter PBT to Rs. 1.7 billion Tue, Feb 12, 2019, 09:06 am SL Time, ColomboPage News Desk, Sri Lanka. Feb 12, Colombo: Iconic Sri Lankan multinational, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group turnover rose by 20% Year-on-Year ( YoY) to Rs. 59.7 billion, resulting … [Read more...] about Strong sectoral contributions drive Hayleys third quarter PBT to Rs. 1.7 billion
