Tag: Government
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Listed companies March quarter earnings record 135 percent increase
Listed companies combined March quarter earnings posted a whopping 135 percent increase year on year to Rs. 262 billion largely on account of substantial forex gains, First Capital Research revealed yesterday. Quarter on Quarter up 51% to Rs. 173.2 billion.
WFP says 66 percent Sri Lankans reduce their daily meals
The World Food Programme (WFP) says 66 percent of Sri Lankans surveyed have been found to have reduced the number of meals eaten daily.
SL Public Sector Accounting and Audit training strengthen with US aid
The U.S. Government, through its development agency, the U.S. Agency for International Development (USAID), is partnering with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Association of Public Finance Accountants of Sri Lanka (APFASL) to strengthen Sri Lanka’s accounting and auditing sectors.
U.S DFC approves US$120M in new Loans to improve Sri Lanka economy 
The Embassy of the United States of America announced today that the U.S. International Development Finance Corporation (DFC) Board of Directors has approved $120 million in new loans to grow and support the Sri Lankan economy.
Govt offers special 40-year tax amnesty for Port City investors
Cash strapped Sri Lanka is to provide special 40-year tax amnesty for Chinese-built Colombo Port city to attract potential investors as it has so far failed to attract major foreign direct investments after the much-hyped since its opening for investors nearly one year ago, a senior treasury official said.