Millionaires are the biggest loan defaulters in Lanka
The biggest loan defaulters in Sri Lanka are the
rich millionaires in Colombo and not the poor peasants in rural
areas. The BoC does not ask farmers to mortgage their land as
collateral to obtain agricultural loans and there are other ways we
ensure the security of loans, said BoC Chairman Dr. Gamini
Wickramasinghe.
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Maxis to make big impact on SLT
CEO Maxis Communications Berhard Malaysia Sandip
Das told a group of journalists from Sri Lanka in Malaysia last week
that Sri Lanka still has a lot more potential to expand in the
sphere of telecommunications and he was confident that the biggest
impact will be felt in the mobile arm of SLT where Maxis has the
experience and the expertise.
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