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Workers’ remittances up 10.3 percent to $2,481
million:
Trade deficit contracts for ninth month
The trade deficit contracted for the ninth
consecutive month in September 2009 by 62.2 percent to US dollars
220 million. The cumulative trade deficit decreased by 60.0 percent
to US dollars 1,848 million during the first eight months of 2009
from US dollars 4,615 million in the corresponding period of 2008.
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Potential to develop telecommunication services:
SLT to invest over Rs 750 m on N-E expansion
Sri Lanka Telecom (SLT) has over 50,000 fixed
line telephones, 80,000 CDMA connections and around 3,500 broadband
customers in the Northern and Eastern provinces.
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Sri Lanka, one of the best emerging economies in Asia
Moving towards single global accounting standard
vital:
International Accounting Standards Board (IASB)
Chairman, Prof. David Tweedie said that Sri Lanka is one of the best
emerging economies in the Asian region while maintaining high
accounting standards in financial reports and statements.
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