Today’s Front Page 30-04-2011
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Govt. inhales Rs. 2.6 b more from fags
Tax revenue from Ceylon Tobacco tops Rs. 14 b in 1Q of 2011 as against Rs. 11.4 b a year earlier
The Government has earned Rs. 2.6 billion more in revenue from the tobacco industry in the first quarter of this year as against the corresponding period of last year.
Ceylon Tobacco Company (CTC) said yesterday that it contributed Rs. 14.02 billion revenue to the Government coffers in the first three months of 2011.
Does he know it’s his day?
A differently-abled man drags his heavy load in Pettah as May Day is celebrated worldwide tomorrow
April inflation bursts past forecast to 9.8%
* Consumer prices hit 27-month high sparked by oil prices
* CB says to take action to ease demand pressure
* Annual average inflation hits 6.6% vs March 6.2%
COLOMBO (Reuters): Sri Lanka’s annual inflation jumped to a 27-month high of 9.8 per cent in April from a year earlier, data showed on Friday, sprinting past forecasts and pressuring the Central Bank to adopt a tighter monetary policy to curb demand-driven inflation.
COYLE rejects UN panel report
The Chamber of Young Lankan Entrepreneurs (COYLE), being a national chamber of the entrepreneur community of Sri Lanka, rejects the UN Secretary General’s Panel of Experts Report on Accountability in Sri Lanka as its conclusions are based merely on information available to the panel members.
IFC selling COMBank shares
One of the long-standing institutional shareholders, the International Finance Corporation (IFC) – the private sector investment arm of the World Bank – figured on the selling side of Commercial Bank deals, which dominated market turnover.
Rajaratnam trial: No word from jury yet
Reuters: Apart from the murmur of voices and bursts of laughter, nothing was heard on Thursday from 12 jurors studying the evidence in hedge fund manager Raj Rajaratnam’s high-profile insider trading trial.
Public protest against Ban’s Report
While the Government has shown its opposition to the report put out by the three member Panel appointed by the UN Secretary General which has accused the Sri Lankan
Wreck wealth
Sri Lanka’s range of sunken vessels provides a memorable experience
Diving captures a time in another world. The clarity of the water surrounded by colourful fish and reefs make diving in Sri Lanka a wonderful experience. However, what really takes the experience over the edge is the presence of many ship wrecks along the coastal belt.
German helping hand for IDPs resettled in Mullaitivu and Kilinochchi
The first phase of a three year long German Federal Government funded project worth Rs. 275 million (1.7 million €) to revive livelihoods in the Vanni was kicked off yesterday.
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