Sri Lanka's Laugfs Holdings, a petroleum gas distributor, is planning to public issue to raise cash for expanding its businesses in energy and leisure, a media report said.
Last Updated ( Tuesday, 07 September 2010 06:16 )
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Laugfs to go for a public share issue
Economy is heading to a depression
It is reports that current lowering of interest rates helps Government to borrow, but, the middle class that depends on interest earned from capital, may be driven to s...
Govt debts increased
Latest reports of Central Bank of Sri Lanka have revealed that the local and external debts of the Government have sharply increased. The report says that the unpaid debt...Last Updated ( Saturday, 04 September 2010 16:36 )
Sri Lankan Airlines incurred heavy losses
Sri Lanka’s national carrier SriLankan Air Lines has recorded massive loss of Rs.9.99 billion last year has already incurred a loss of Rs.6.06 billion ...Last Updated ( Friday, 03 September 2010 06:51 )
Read more...Apparel sector lost 15 percent revenue due to loss of GSP Plus
Several industrialists point out that the apparel sector will face a revenue decrease of approximately 15 per cent due to the loss of GSP Plus concessions. Speaking ...
Food prices to go up
Concurrent with the Ramazan fast, prices of popular food in the Colombo marketplaces have increased by around 40 percent. These foods include dates, papaw, bananas and ...
The mis-management created SPC a liability
The Auditor General’s report that presented to the Parliament pointed the cost of medicines and medical equipment State Pharmaceuticals Corporation (SPC) had destroyed ...Last Updated ( Saturday, 28 August 2010 15:30 )
Lanka's FDI growth slow
Foreign Direct Investment (FDI) into Sri Lanka fell 16.8 percent in the first six months of the year compared with the same period last year, officials said on Wednesday...Last Updated ( Thursday, 26 August 2010 05:24 )
Read more...Import tax for potatoes
President Mahinda Rajapaksa has instructed the Secretary to the Ministry of Finance to impose a tax of Rs. 30 a kilo for imported potatoes with immediate effect. Thi...
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