Lankan Ranger
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The Sri Lankan government reiterated that there is no truth in shutting down Sri Lankan embassies in Europe.
Post No 34
Sri Lanka to shut some embassies in Europe
- Thread starter Paan Singh
- Start date
The Sri Lankan government reiterated that there is no truth in shutting down Sri Lankan embassies in Europe.
Post No 34
Skyline
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He asked recent and u post january news.....
Inflation in February 2012 drops to 2.7 percent,...
2012-03-05
(05.03.2012) Inflation, as measured by the Colombo Consumers' Price Index (CCPI) (2006/07=100) computed by the Department of Census and Statistics, decreased on a year-on-year basis (YoY) from 3.8 per cent in January 2012 to 2.7 per cent in February, which is the lowest rate since January 2010.
Inflation in February 2012 drops to 2.7 percent,... | Media Center for National Development
ChinaToday
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In south asia maldive is the most popular destination for chinese tourists but srilanka is catching up fast
Lankan Ranger
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He asked recent and u post january news...
Feb 29, 2012
Sri Lanka Inflation Slows to 28-Month Low on Food Prices
Sri Lankan inflation slowed to a 28- month low as the cost of food and beverages dropped.
Consumer prices in the capital, Colombo, increased 2.7 percent from a year earlier after gaining 3.8 percent in January, the Department of Census and Statistics said on its website today. The median of six estimates in a Bloomberg News survey was for a 4 percent advance.
“There is no need to raise rates again to cool inflation or support the currency, as that would hamper growth,” Sarath Rajapakse, director of research at Capital Trust Securities Pvt. in Colombo, said before the report.
Sri Lanka Inflation Slows to 28-Month Low on Food Prices - Bloomberg
ARCHON
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thats better and more recent.. ask ur friend to learn english like you speak. good job skyline.
Also what about these news??
Sri Lanka exports fall in January, trade gap up - LANKA BUSINESS ONLINE
Yesterday news
Sri Lanka forex reserves down 39-pct - LANKA BUSINESS ONLINE
today news
skyline understands what recent is in english.. he has posted ... it .. so no thanks,.,,
Skyline
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yeah yeah up downs in different sections, but Sri Lankans are enjoying the life.
more positive links...
Record export income in 2011: Apparel Industry tops US $ 4 b mark... | Media Center for National Development
New vehicle registrations up 42 percent... | Media Center for National Development
Major investments for SL hospitality sector... | Media Center for National Development
Gem and jewellery sector continues growth momentum ... | Media Center for National Development
you're so silly mate!
Lankan Ranger
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IMF backs Sri Lanka’s fiscal policies
The International Monetary Fund (IMF) is optimistic of Sri Lanka's economic prospects and the country has taken several meaningful steps to thrust economic growth, said IMF Resident Representative in Sri Lanka Dr. Koshy Mathai.
Speaking at the HSBC organized Power Breakfast meeting at Colombo Hilton yesterday he said the depreciation of rupee was a step in the right direction. “It is good that the currency rate is now decided by market forces rather than it being set by the Central Bank,” he said.
Dr. Mathai also said that on the long run it would also lead to a drop in imports which in turn would help the local manufacturing process increase. “If this trend continues exports too are bound to increase,”he said. The IMF representative said that the country can look for a formula for fuel prices where the price would be decided on a check and balance system.
Commenting on infrastructure he said that it was pleasing to note that the government had invested 6.5% on capital expenditure.
“We see a great deal of investments being made towards the building of domestic air strips, roads and power sector related projects. However we also like to see the private sector getting involved more in this segment in the future,” he said.
He also said that one of the drawbacks he sees in the country is the deficiency of long term credit being offered by banks.
“In addition though Sri Lanka boasts of a high literacy rate, human capital needs to be more ‘thinkers’ and for this they have to be educated in IT, engineering and given university education.”
Sri Lanka needs to focus more on vocational training for youth as there is a demand in this sector. He also said that Sri Lanka currently exports only around 5% to China and India and the exporters should try to concentrate more on this region.
“However, it may be a tall order as these countries posses similar products that are manufactured in Sri Lanka. However I have seen a Sri Lankan company exporting tea to China which proved that opportunities do exist,” he said.
Sri Lanka Business News | Online edition of Daily News - Lakehouse Newspapers
The International Monetary Fund (IMF) is optimistic of Sri Lanka's economic prospects and the country has taken several meaningful steps to thrust economic growth, said IMF Resident Representative in Sri Lanka Dr. Koshy Mathai.
Speaking at the HSBC organized Power Breakfast meeting at Colombo Hilton yesterday he said the depreciation of rupee was a step in the right direction. “It is good that the currency rate is now decided by market forces rather than it being set by the Central Bank,” he said.
Dr. Mathai also said that on the long run it would also lead to a drop in imports which in turn would help the local manufacturing process increase. “If this trend continues exports too are bound to increase,”he said. The IMF representative said that the country can look for a formula for fuel prices where the price would be decided on a check and balance system.
Commenting on infrastructure he said that it was pleasing to note that the government had invested 6.5% on capital expenditure.
“We see a great deal of investments being made towards the building of domestic air strips, roads and power sector related projects. However we also like to see the private sector getting involved more in this segment in the future,” he said.
He also said that one of the drawbacks he sees in the country is the deficiency of long term credit being offered by banks.
“In addition though Sri Lanka boasts of a high literacy rate, human capital needs to be more ‘thinkers’ and for this they have to be educated in IT, engineering and given university education.”
Sri Lanka needs to focus more on vocational training for youth as there is a demand in this sector. He also said that Sri Lanka currently exports only around 5% to China and India and the exporters should try to concentrate more on this region.
“However, it may be a tall order as these countries posses similar products that are manufactured in Sri Lanka. However I have seen a Sri Lankan company exporting tea to China which proved that opportunities do exist,” he said.
Sri Lanka Business News | Online edition of Daily News - Lakehouse Newspapers
WS-10 Engine
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good decision by sri lanka.
europe is bankrupt and going back to the stone age.
china is the future.
europe is bankrupt and going back to the stone age.
china is the future.
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