Tag Archives: Public

Sri Lanka increases Rates for the First Time in Five Years

Sri Lanka Central bank raised interest rates for the first time since 2007 to curb credit growth in the nation and ensure inflation stays low.   The Central Bank of Sri Lanka CBSL Thursday raised the reverse repurchase rate to … Continue reading

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All set for a Grand Deyata Kirula National Exhibition

All arrangements are underway to hold the “Deyata Kirula” National exhibition at Oyamaduwa in the Anuradhapura district from the 4th to 10th of this month.  The exhibition will be ceremonially declared open by President Mahinda Rajapaksa.   Minister Ranjith Siyambalapitiya, … Continue reading

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Sri Lanka to enforce Spot fine against motorists contravening Seat Belt Regulations

The cabinet of ministers on a proposal made by Mr. Kumara Welgama, Minister of Transport, gave its approval to amend Section 157 A( 4) of the Motor Traffic Act, to impose spot fines against drivers and passengers traveling in the … Continue reading

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Czech Ambassador meets Minister Basil Rajapaksa

Hon. Basil Rajapaksa, Minster of Economic Development met H.E.Miloslav Stasek, Ambassador of Czech Republic for Sri Lanka, at Ministry of Economic Development 1st of February 2012.   The discussion focused on improve economic cooperation between two countries, on going Czech … Continue reading

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