Govt makes every effort to reduce budget deficit, curtail inflation - IMF

The IMF welcomes the structure of the budget, tax reforms, BOI reforms as well as plans that are under way to improve the CEB, and CPC said IMF Resident Representative Dr. Koshy Mathai.

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Divi Neguma, a people’s movement

“Divi Neguma the Upliftment of Lives program launched by the Ministry of Economic Development should be a people’s movement” said Minister of Economic Development Basil Rajapaksa.

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UK companies express interest in investing in SL

Eighteen months after the end of the conflict huge opportunities are open in Sri Lanka and UK companies are willing to invest here, said Country Risk Analyst of the Export Credit Guarantee Department (ECGD) of UK Olwen Renowden.

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FLCH to set up two boutique hotels

Free Lanka Capital Holdings Ltd., a plantation and power sector company plans to set up three-star-class boutique hotels at its Pussellawa Plantations in Girigama, Kandy and Ayr, Padukka

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Govt takes over Hilton

The government took over stakes in the Hilton, Colombo’s landmark hotel as the owners had failed to pay the lease and the agreement lapsed, last week.

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