NDB Group to partner DBS Bank in investment banking
The NDB Group will enter into a strategic
alliance with DBS Bank, Singapore to commence investment banking.
DBS is a leading financial service group in Asia, with over 200
branches across 15 markets.
SLTB to switch to ‘Miracle’?
The Sri Lanka Transport Board (SLTB) is ready to
switch to 'Miracle', as alternative fuel introduced by a Sri Lankan
company, Nmiracle Power (Pvt.) Ltd. Miracle is a fuel produced by
mixing diesel and water, using hydro thermal technology.
Cargills to set up agri-commercial bank
Cargills will set-up an agri-commercial bank in
Sri Lanka which will be a new venture by a supermarket chain
operator, said Cargills Quality Confectionaries Chairman, Stuart
Young at a ceremony to launch a range of Kist Biscuits on Thursday.
Half of world’s PC users acquire software illegally -BSA
Nearly half the world’s personal computer users,
47 percent, acquire software through illegal means most or all of
the time, and in developing economies the figures are much higher,
according to a survey undertaken on PC users’ behaviour and
attitudes toward software piracy and intellectual property rights.
Tea exports continue despite Mideast ripples
Tea production this year is expected to nudge
last year’s figures despite a marginal dip, during the first seven
months, said Chairman, Colombo Brokers Association, Sugath
Munasinghe. He said that production by the end of the year will
reach around 320 m kilos despite the adverse weather conditions,
during the first half of the year. Last year 323 m kilos of tea was