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Sunday, 11 January 2009

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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 countryís mobile phone industry with its state-of-the-art technology and customer-friendly services.

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CBís 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 Bankís stability and its future strategic plans, at the Ceylinco Seylan Towers on Thursday.

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