Sunday Observer Online


Sunday, 24 April 2011





Marriage Proposals
Government Gazette

Tourist arrivals to top 700,000 this year

The number of tourist arrivals recorded an impressive growth during the first three months of this year compared to last year, an official of the Sri Lanka Tourism Promotion Bureau (SLTPB) said.

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98 percent loan repayment rate:

BoC operations in North successful

The Bank of Ceylon’s financial support has accelerated recovery in the North and the Bank’s operation in the North is extremely successful, with a 98 percent loan repayment rate. The Assistant General Manager (North) of the BoC K.E.D. Sumanasiri told the Sunday Observer.

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BoC posts record Rs. 10,053 m pre-tax profit

The premier state bank, the Bank of Ceylon (BoC) recorded a pre-tax profit of Rs. 10,053 m in the financial year 2010, a 138.9 percent YoY increase compared to the previous year.

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Making Colombo an aviation hub

Construction work on the Mattala International airport progressed in 2010 and phase 1 would be completed by 2013. The Bandaranaike International Airport expansion project is also in progress. This includes expansion of the transit area, construction of a new baggage re-claim area, multi-storey car park and widening of the existing runway.

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New authority to monitor MFIs

An authority will be set up to regulate and supervise micro finance businesses, for which the Monetary Board of the Central Bank will set the regulations,principles and standards, states the 2010 Central Bank report.

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