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Sunday, 21 November 2010

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Government Gazette
The Bank of Ceylon, Lake House branch launched the ‘Unity Premium Bond’, a savings certificate scheme, to mark President Mahinda Rajapaksa’s birthday and his assumption of office as President for the second term. Here the Chairman of Associated Newspapers of Ceylon Ltd., (ANCL) Bandula Padmakumara presents the first deposit to the Manager, BoC, Lake House branch, R.M.S. Nugegoda. Director Editorial, ANCL, Seelaratne Senarath, Director, Administration and Legal, Rasanga Harischandra, DGM National Distribution, ANCL, K.G.S. Gamini and Executive Officer, Bank of Ceylon, H.B.K. Tissera look on.
Pic: Saliya Rupasinghe

Economy poised for strong rebound - Chief Economist, RAM Ratings

In the instance Sri Lanka can maintain a 6-10 percent growth in the medium to long-term, the country can move to an upper middle income country by the end of the decade, said Chief Economist RAM Ratings Malaysia Dr Yeah Kim Ling.

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Laugfs IPO attracted the common man - Laugfs Chairman

“The Laugfs IPO attracted the common man and mostly persons who had never participated at an IPO or had any dealings in stocks previously, said Laugfs Chairman W.K.H. Wegapitiya.

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Poor city maintenance:

Drains off wealth

The loss of man-hours and business opportunities due to floods are enormous and to-date city maintainers have failed to address the problem. The recent submergence of Colombo city by torrential rains is a case in point of the poorly maintained roads and drainage systems.

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Task Force to popularise broadband connections

A Task Force comprising members of the TRC and ICTA have been appointed to explore avenues of popularising broadband connections in Sri Lanka due to the low penetration of broadband connections, said Intel country Manager
 

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