Global credit crunch will not hit Lanka seriously -Senior WB
The credit crunch felt across the globe would not
affect the Sri Lankan market seriously, said Senior Economist,
Financial and Private Sector Development, South Asia Region at the
World Bank Colombo office Ismail Radwan.
Banking sector records significant growth in 1H, 2007
The Banking sector has shown a significant
expansion during the first half of 2007 reflecting continued
expansion in economic activity.
Over 2,000 farmers to produce 15,000 mt of maize annually Lanka
to save Rs. 3.2 b in forex
CIC Agri Businesses signed agreements last week
with over 2,000 farmers in the North Central Province to produce
15,000 mt of maize annually for the next five years which will save
Rs 3.2 billion in foreign exchange.