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Fruit and vegetable sector:
Rs. 10b export income by 2010
The fruit and vegetable sector is confident of
earning an export income of Rs. 10 bln by 2010 as all policies and
infrastructure facilities are in place to increase cultivation, said
IFCO Chairman and Director EDB Sarath De Silva.
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Road shows to woo Lankans to invest in TBs, bonds
The Central Bank, the regulator of the finance
industry together with the participating banks will conduct a series
of road shows to attract the Sri Lankan diaspora to invest in
Treasury Bills and Bonds.
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Airtel to make its grand entry tomorrow
Bharti Airtel, a leading mobile service provider
in India will commence operations tomorrow in Sri Lanka, which is
expected to revolutionise the country’s mobile phone industry with
its state-of-the-art technology and customer-friendly services.
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CB’s rural credit programs a success
The interest subsidy mechanism introduced by the
Central Bank (CB) for rural credit programs, mainly focusing on the
agricultural sector has been highly successful, the Director,
Regional Development Department of the CB W.M. Karunaratne told the
Sunday Observer.
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Seylan Bank will honour withdrawals - Narangoda
Seylan Bank is stable and will be made one of
the premier banks in the country, Chairman, Seylan Bank PLC, Eastman
Narangoda, said while addressing the media on the Bank’s stability
and its future strategic plans, at the Ceylinco Seylan Towers on
Thursday.
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