LIOC to expand business in Lanka
Government agrees to pay Rs. 5.1 billion as subsidy
The visiting Chairman of Indian Oil Corporation
Ltd., Sarthak Behuria yesterday said that Lanka IOC Ltd. and the Sri
Lankan Government have been able to solve major issues with regard
to marketing petroleum products in Sri Lanka and the two parties
would soon ink a 'Settlement Agreement'.
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USD 2 billion for the taking for Lanka from BPO
Sri Lanka could gain USD 2 billion through the
Business Process Outsourcing industry if the country could secure 1%
of the BPO market in the next two to three years.
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Inland Revenue nets surplus
The Department of Inland Revenue has recorded Rs.
20,571 million revenue last month. This is a surplus of Rs. 2600
million compared to the monthly target.
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