Sunday Observer Online


Sunday, 20 September 2015


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Marriage Proposals
Government Gazette
Tourists take a close look at casual wear at the newly opened Embark store at the Galle Fort. Pic: Vipula Amerasinghe

SL’s economy grows 6.7% in 2Q

Sri Lanka’s economy grew 6.7% in the second quarter of the year, compared to 4.4% in the first quarter, and the Gross Domestic Product (GDP) during the April-June quarter (2Q15) grew by 6.7 percent compared to the corresponding quarter last year with the three pillars of the economy — agriculture, industry and services — performing better,

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GSP Plus facility:

‘Sub-Committee to finalise application soon’

The Sub-Committee formed by the Department of Commerce, to have the GSP Plus benefit restored, is preparing the draft application which includes a comprehensive report on the issues raised by the European Union, Director General, Department of Commerce, Sonali Wijeratne told the Sunday Observer.

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‘Country pushed into crippling debt’:

Drastic policy reforms vital

Sri Lanka is enjoying the most propitious circumstances for development, unprecedented when taking into account the past 50 years and the best use of this period could only be brought about by drastic policy reforms. “The welfare State was no longer affordable. However, many people would refer to the welfare State as ‘the Sri Lankan way’ of looking after its people by giving them the financial support they needed and were not willing to give it up just yet,”

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Defeated elements trying to revive ‘defamed political image’:

No CEPA talks with India - Samarawickrema

The Sri Lankan government clarified that the CEPA with India was not on the agenda during Prime Minister Ranil Wickremesinghe’s visit to New Delhi last week. Minister of Development Strategy and International Trade, Malik Samarawickrema said that there was no discussion or signing of any agreements on the controversial trade agreement with India during the PM’s visit.

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Orion Towers to position Lanka as IT/BPO destination

The Orion Towers will be constructed with an investment of US $ 70 million to add 1 million square feet to the Orion IT Park in Dematagoda. It is due to be completed within three years. The first phase is expected to be completed in 2017. Having introduced Sri Lanka’s first IT Park in 2009,

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