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Rs. 420b targeted in 2009:

Inland Revenue Dept nets Rs. 105b in five months

The Department of Inland Revenue has collected Rs.105 billion from taxpayers’ money on behalf of the Government for the first five months of 2009, Commissioner General Inland Revenue Mahinda Medagoda said.

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For fourth consecutive month:

Trade deficit contracts by 75.9 percent

Year-on year, Sri Lanka’s trade deficit contracted for the fourth consecutive month in April 2009 by 75.9 percent to US dollars 167 million.

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hSenid’s People’s Web to cut 50 percent HR costs

CHARUMINI DE SILVA

With the launch of ‘People’s Web’ by hSenid Software International, 50 percent of the Human Resource (HR) cost would be reduced,CEO, hSenid Software International (Pvt) Limited., Dinesh Saparamadu said.

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Earnings from exports of coconut kernel increased by 34.8 percent to US dollars 3 million despite the 43.4 percent decline in the prices.

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• Rewarding employees creatively

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• HR growing in Sri Lanka

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