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Sunday, 5 July 2009

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Workers doing up a road in the peninsula


Road development, a priority in the North


Investigations and surveys on reconstruction of the A-9 road and on around 300 kilometres of roads in the Jaffna peninsula have commenced and the work on the project is expected to resume by the end of the year, said Secretary to the Ministry of Highways, S. Amarasekera.

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Inflation continues to dip


Inflation continued to decline in June and the 12 month moving average inflation declined to 12.5 percent from 14.7 percent in May. The point-to-point inflation dropped below 1 and recorded at 0.9 percent.

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Sri Lanka promises dramatic growth potential


Asia shows collapse but optimism rises as Asia hits the bottom of the sharp V downtrend. Turn around is imminent as Asian trade centres around the region itself are not directly linked to the US recession. Sri Lankan industrial dip is showing.

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