Budget 2016:
Price stability, public expectation
Sunday Observer Business and Finance spoke to a
cross-section of the people to seek their views and expectations
from the government’s first Budget which will be presented in
Parliament on November 20. A farmer of Nochchiyagama said,
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Economic reforms difficult to implement - IPS
Sri Lanka’s fiscal constraints, the demographics
of a contracting labour force and skill deficiencies suggest that a
rise in infrastructure investment will spur growth only temporarily,
Executive Director, IPS, Dr. Saman Kelegama told the launch of the
IPS ‘State of the Economy Report 2015’ at the IPS auditorium last
week.
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Plantation sector:
TUs want more time to study revenue sharing model
With the battle for a wage hike still raging,
estate sector trade unions are not willing to accept the model
proposed by the Regional Plantation Companies (RPCs). President,
Ceylon Workers Congress, Muttu Sivalingam told the Sunday Observer,
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Increase in loan to value ratio for vehicle
leasing:
‘Grave impact on environment’
The increase in the loan to value ratio for
vehicle purchase is a good move as it would boost sales and revenue
to finance companies, Assistant General Manager (Operations),
Commercial Credit Finance PLC, Ayesh Pitigala told Sunday Observer
Business.
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