Mon, Feb 17, 2020 - 5:50 AM Money FM podcast: Singapore and Sri Lanka celebrate 50 years of diplomatic relations The Breakfast Huddle: Singapore and Sri Lanka celebrate 50 years of diplomatic relations 14:09 min Synopsis: Since Singapore and Sri Lanka's independence, both nations have been enjoying cordial socio-economic and diplomatic relations over the last 50 years. … [Read more...] about Money FM podcast: Singapore, Sri Lanka celebrate 50 years of diplomatic relations, Government & Economy
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Sri Lanka bank profits to lift on SLDB tax relief
“Once we made SLDBs liable to tax, as time went on, we felt that it was difficult to find investors,” he said. DEMAND DROP: Since the new Inland Revenue Act was announced in October 2017, there has been lower demand for SLDBs, with three issuances being undersubscribed.On three SLDB auctions in 2018 and 2019, bids were less than the announced value of bonds. From 2016 to end … [Read more...] about Sri Lanka bank profits to lift on SLDB tax relief
Selling in banks drive Sri Lanka stocks retreat for fifth day
ECONOMYNEXT– Sri Lanka’s stocks retreated for the fifth day, closing 0.35 percent lower on banks, provisional data showed. The All Share Price Index (ASPI) closed 21.14 points down at 5,857.30. The ASPI rose to a daily high of 5,884.75 in the morning and fell to a low of 5,852.48 in mid-afternoon, before posting a recovery. The S&P SL20 Index of more liquid stock closed … [Read more...] about Selling in banks drive Sri Lanka stocks retreat for fifth day
Concerns that Sri Lanka tax changes may violate democratic principles, defy Supreme Court order
“People may have not realized it yet,” he said. “I don’t know whether the Department of Inland Revenue can put up a notice to say that that your tax rate has increased, to pay more tax in that event, because an order (from Supreme Court) is already there.” Slashing of value added tax and changes to tobacco tax has already been queried by the Parliament’s Committee on Public … [Read more...] about Concerns that Sri Lanka tax changes may violate democratic principles, defy Supreme Court order
Hope Sri Lanka will fulfil aspirations of Tamil people: Modi after talks with Lankan PM
India on Saturday hoped that the Sri Lankan government will realise the aspirations of the Tamil community in the island nation as the issue figured prominently in wide-ranging talks between Prime Minister Narendra Modi and his Sri Lankan counterpart Mahinda Rajapaksa. In their talks, the two prime ministers deliberated on the entire expanse of bilateral ties and resolved to … [Read more...] about Hope Sri Lanka will fulfil aspirations of Tamil people: Modi after talks with Lankan PM
Our security, economy intertwined: PM Modi at Indo-Sri Lanka joint statement | News
Feb 08, 2020, 02:43PM ISTSource: Times NowPrime Minister Narendra Modi while addressing the media along with Sri Lanka PM Mahinda Rajapaksa said that security and economy of both the countries are intertwined. PM Modi said that terrorism is a big problem for both the countries and they will further increase cooperation against terror. Prime Minister Modi said that India and … [Read more...] about Our security, economy intertwined: PM Modi at Indo-Sri Lanka joint statement | News
Sri Lanka stocks gain on Dialog, Carson Cumberbatch
Thursday February 6, 2020 17:19:56ECONOMYNEXT- Sri Lanka’s stocks ended 0.10 percent higher on Dialog Axiata and Carson Cumberbatch on Wednesday, provisional data showed. Colombo’s All Share Price Index (ASPI) closed 6.23 points up at 5,948.27 on Thursday. The market was volatile … [Read more...] about Sri Lanka stocks gain on Dialog, Carson Cumberbatch
Daily Mirror – 361 Degrees explores the impact of the Gig Economy at the first #Disrupt HR forum
361 Degrees, the pioneer in training and consultancy in Sri Lanka, has initiated #DisruptHR, an engaging platform that will enable discussions and involvement with the dynamic global innovations and best practices in HR. With the fast changing HR landscape that results from the shift in technology, business models and how people work, traditional HR methods have become … [Read more...] about Daily Mirror – 361 Degrees explores the impact of the Gig Economy at the first #Disrupt HR forum
Indian High commissioner in Sri Lanka bids farewell after seven years of service
* Indian High commissioner in Sri Lanka bids farewell after seven years of service Wed, Jan 29, 2020, 12:17 am SL Time, ColomboPage News Desk, Sri Lanka. Jan 28, Colombo: The Government of India has appointed the current Hgh Commissioner of India to Sri Lanka Taranjit Singh Sandhu as the next Ambassador of India to the United States.The Indian High Commission yesterday … [Read more...] about Indian High commissioner in Sri Lanka bids farewell after seven years of service
Sri Lanka’s Atlas Axilia overcomes boycotts, eyes exports
The firm, which has a 50 percent market share across all the products categories it is active in, managed to avoid any perceptable fall in revenue due to timely intervention, Samaraweera said. “It’s hard to say if there was a fall in revenue from the boycott because in some other areas we managed to grow our business,” he said. Administration at social media networks such as … [Read more...] about Sri Lanka’s Atlas Axilia overcomes boycotts, eyes exports
