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Sunday, 9 May 2010

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Central Bank Governor, Ajith Cabraal hands over a report to Economic Development Minister, Basil Rajapaksa  Picture by Sudath Nishantha

CB, a major stakeholder in country’s development

The people of Sri Lanka have given President Mahinda Rajapaksa led UPFA government a majority and their aspirations are high. They gave this mandate to make Sri Lanka a developed country.

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SEC improves CSE structure

Investors hailed the move by the Securities and Exchange Commission (SEC), to enhance the effectiveness of the microstructure of the Colombo Stock Exchange (CSE) to lure more investors to a vibrant stock market.

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Mismanagement, a drawback for profitable ventures

Tough measures have to be taken to protect the Ceylon Petroleum Corporation and Ceylon Petroleum Storage Terminals Limited (CPSLT) which are running at a loss and on the verge of bankruptcy,

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