Economy poised to achieve 8 per cent growth

Enterprise Development and Investment Promotion Minister Dr. Sarath Amunugama yesterday told Parliament that the Government through 2008 Budget proposals intends achieve eight per cent economic growth.

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High-powered Committee to oversee Indo-Lanka security

A high powered committee has been set up to deal in matters affecting the security of India and Sri Lanka, Government sources said. This followed a meeting between two top delegations from India and Sri Lanka on September 3 and 4 in New Delhi.

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Money Bills passed amidst pandemonium

The Government yesterday saw through the passage of five Monetary Bills amidst scenes of unprecedented pandemonium and violence with legislators trading blows in the Chamber of the House.

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Tourism Act to bring Rs. 1b from Cess Fund Lanka must aim for 'The Tea Nation' status Munchee eyeing CIS market more »	Bay of Bengal war games to help fight terror, piracy Bhutto ready to meet Musharraf Britain to allow creation of human-animal embryos more »	Sports Ministry join hands with SLC for Olympic Torch Ceremony Sri Lanka fail to qualify Murali in line for Test Player of the year Award more »

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Tourism Act to bring Rs. 1b from Cess Fund

The proposed Tourism Act would bring an annual income of nearly Rs. one billion to the industry, the Additional Secretary to the Ministry of Tourism George Michael said. This money would be collected from the CESS fund, which is being accumulated from a levy from registered hotels and a percentage from the Embarkation tax.

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