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Sunday, 17 June 2012

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DG Telecommunication Regulatory Commission Anusha Palpita, Dr. Hans Wijayasuriya and Central Bank Governor Ajith Nivard Cabraal at the launch

First mobile money and payment service:

Dialog launches eZ-cash

The country’s first Mobile Money service eZ Cash was launched by Dialog Axiata, the company which revolutionised the mobile telephone market. The custodian services for this pioneering effort will be provided by Hatton National Bank PLC, while the Trustee will be Deutsche Bank.

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Hush puppies to make its debut in Sri Lanka

The origins of Hush Puppies brand name are clearly unsophisticated. The name was coined by the brand's first sales manager, after a snack of deep fried corn fritters called “hush puppys”. It was popular among American farmers to throw 'hush puppies' at their barking dogs to quiet them.

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SriLankan ties up with Oneworld

SriLankan Airlines would have additional opportunities to generate revenue with the airlines teaming up with the Oneworld airline group which is among the top three airline alliances in the world. Speaking after signing the agreement in China during the 68th International Air Transport Association annual general meeting in Beijing, Chairman SriLankan Airlines, Nishantha Wickramsinghe said,

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NBEA awards on December 4

Small and medium sector enterprises will exhibit their potential and boost businesses by taking part in the National Business Excellence Awards,(NBEA), National Chamber of Commerce NCCSL) President, Asoka Hettigoda said. He was addressing a ceremony to launch the NBEA. He said that a large number of SMEs has shown a keen interest in taking part in the competition and added that a lenient criteria will be followed in judging their performance.

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'CBL's CSR initiative, an example '

The annual Distributor Convention and Star Awards Presentation ceremony of Ceylon Biscuits Limited (CBL) was held recently at the Waters Edge. Secretary, Ministry of Finance, Dr.P.B. Jayasundera who was the guest of honour said that CBL's social initiatives were an example to other Corporates.

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CB policy moves bring desired results

Policy moves adopted by the Central Bank (CB) and the Government from February this year to re-balance the external sector of the economy are delivering expected results, a CB monetary policy review released last week stated. It stated that credit growth curtail and reduction of import demand have helped to achieve external sector stability.

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