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Sri Lanka to get $ 2.5 B IMF loan
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slmate
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LK Information  17 Jun 2009 16:26:28 GMT  Report for Abuse  
Sri Lanka's Central Bank eases Forex rates to stimulate economic activity in the North
http://www.colom0page.com/archive_091/Jun1245156599CH.html

June 16, Colombo: Sri Lanka's Central Bank said on Tuesday it has decided to relax its monetary policy stance by reducing the Bank's Repurchase rate to 8.50 percent and the Reverse Repurchase rate to11.00 percent, with immediate effect.

'Today's reduction of the Central Bank's policy rates would help ease conditions in domestic credit markets further and thereby bring down market interest rates, facilitating an increased flow of credit,' the Bank said in a press release.

The CB said today's decision to lower the rates will support the new economic activity expected to be generated by the reconstruction and development work in the recently liberated areas of the North.

'The positive developments that took place in the recent period has uplifted the growth prospects for Sri Lanka as immediately reflected in the healthy developments in market sentiments, ' the CB said.
sk63
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LK Information  17 Jun 2009 16:29:01 GMT  Report for Abuse  
Dear Pharaoh

unemployed and people in grands of debt have more chance of helping Tamils than GOSL


Well it is a matter of opinion. Right now it is the GOSL that is helping the Tamils in IDPs. It is also MOda chingalaya organisations that are collecting donations to be delivered to tamils in IDPs. It is also the GOSL that kept Tamils in the North east of Sri lanka employed in govt institutions and continued to pay their salaries even during the times of terrirism. (Of course they need to be paid and there is no question)

it is also the GOSL which keeps universities, rtechnical colleges etc funded. It is indeed the GOSL which keeps other infrastructure (whatever is left) funded.

It is NOT the diaspora terrorists who are taking care of these people. Sorrryyyy

Soooo what was your point again????
slmate
Joined: Aug 2008
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LK Information  17 Jun 2009 16:31:42 GMT  Report for Abuse  
It is NOT the diaspora terrorists who are taking care of these people. Sorrryyyy

Dont be too harsh on them..
At least they sent Captain Ali..
walbaba
Joined: Jan 2009
Posts: 756
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LK Information  17 Jun 2009 16:34:54 GMT  Report for Abuse  
Www.srilankastocks.blogsp0t.com

I made 100% return by buying Cargills shares at 24/= and selling today at 49/=. this stock market is crazy and good for cowboys like milliband!

visit the blogsp0t.these guys are good n you will have no regrets.
slmate
Joined: Aug 2008
Posts: 833
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LK Information  17 Jun 2009 16:39:40 GMT  Report for Abuse  
No Petrol Diesel price hike in IOC
http://www.news.lk/index.php?option=com_content&task=view&id=10215&Itemid=44

There will be no price hike in petrol and diesel marketed by Lanka Indian Oil Company (LIOC) though the company yesterday requested the Ministry of Petroleum Resources to grant approval for a price increase, Secretary to the Ministry, W.B. Ganegala said.

Hikz.. the message is loud and clear..
Do as you are told or get lost..
Indian companies are forced operate charities in Sri Lanka..
No wonder they are making billions of losses..

Edited By - slmate - 17 Jun 2009 16:43:56 GMT
chennaiguuy
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LK Information  17 Jun 2009 16:45:50 GMT  Report for Abuse  
the message is loud and clear..
Do as you are told or get lost..


was this told to Mahinda by Delhi ?

Why still no delhi deity Darshan granted to Mahinda ?

lol
pharoah
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Joined: Oct 2006
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LK Information  17 Jun 2009 16:48:33 GMT  Report for Abuse  
Well it is a matter of opinion. Right now it is the GOSL that is helping the Tamils in IDPs. It is also MOda chingalaya organisations that are collecting donations to be delivered to tamils in IDPs. It is also the GOSL that kept Tamils in the North east of Sri lanka employed in govt institutions and continued to pay their salaries even during the times of terrirism. (Of course they need to be paid and there is no question)

it is also the GOSL which keeps universities, rtechnical colleges etc funded. It is indeed the GOSL which keeps other infrastructure (whatever is left) funded.

It is NOT the diaspora terrorists who are taking care of these people. Sorrryyyy

Soooo what was your point again????


sk63

so if GOSL is doing so well why ban international aid orgs?

why are TMVP and EPDP in camps abducting children 11 - 17 yrs of age

East is a pathetic situation and UTHR documented the killings and ethnic cleansing that happened there since 2006. Tamils are becoming a minority in Trinco. So nothing to boast about East

why even Sinhalese human rights activists are criticising the gov

Regading insults, I dont resort to using filth, threats, family insults like many LNPers do, only a bit of banter but if you are a light weight I will refrain in future. apologies...

BTW.... Dr. Neelan was also critical of GOSL actions, does that make him a terrorist too. Just wondering?
chennaiguuy
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LK Information  17 Jun 2009 16:48:40 GMT  Report for Abuse  
I made 100% return by buying Cargills shares at 24/= and selling today at 49/=. this stock market is crazy and good for cowboys like milliband!


While the experienced persons are playing havoc with Colombo Stock exchange, it is Stupid accounts students like SLMate who go bonkers abt Stock indices !

It is manipulated rise in Stock markets & unless IMF Loans comes up, everyone will be screwed up in srilanka sooner
Marksman
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LK Information  17 Jun 2009 16:53:54 GMT  Report for Abuse  
Buy assets to hide profits - Cesspit Accountant from Chennai
pharoah
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LK Information  17 Jun 2009 16:55:23 GMT  Report for Abuse  
It is NOT the diaspora terrorists who are taking care of these people. Sorrryyyy


sk63

LTTE activities made Tamils and Muslims suffer than Sinhalese, however people like yourself like to use LTTE to further deny basic rights of Tamils. So dont try and be smart

As I said many times diaspora can help when international aid orgs like UNHCR, ICRC and Oxfam have unrestricted access. Is that difficult for you to understand?
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