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Sunday, 5 April 2009

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The chief financial officer Ravi Dassanayaka cuts the ribbon to mark the first journey. Pic: Iresha Waduge.

G20 Summit in London:

World leaders agree to tackle global crisis

Leaders of the world’s largest economies have reached an agreement at the London Summit to tackle the global financial crisis with measures worth $1.1 trillion (681 billion pounds).

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Demand for gold declines

The gold market is severely affected by the global financial crisis creating low demand for products, said gold manufacturers in Colombo. “The demand for gold declined sharply during the past six months due to surge in gold prices.

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Railway banking launched

LankaPuthra Development Bank (LDB) and Ceylon Government Railway made history by launching Railway banking, the latest concept banking at railway stations and in the compartments of trains.

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