Drought hits agriculture sector
Sri Lanka may suffer the negative impact of
climate change this year as the north- west monsoon rain has
delayed. The drought continuing in most parts of the country hashit
the agricultural sector. The prevailing drought has affected paddy,
vegetable and other food cultivation and as a result vegetable
prices have increased sharply.
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BoC achieves Rs 1 trillion balance sheet
Bank of Ceylon (BoC), the premier state bank in
the country added another feather to its cap by becoming the first
bank in Sri Lanka to achieve a Rs one trillion Balance Sheet on May
31. BoC Chairman, Dr Gamini Wickramasinghe said that achieving a
profit of Rs 10b and a Rs one trillion Balance Sheet was mentioned
by us in 2008,
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Security restrictions relaxed for helicopters
Domestic airline and helicopter operator Deccan
Aviation was the first to announce the establishment of the first
privately run city helipad at the Colts Cricket Grounds on Havelock
Road, following the relaxation on stringent security restrictions on
civil flights over the capital city.
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CB rejects S&P report on banking sector
A statement issued by the Central Bank of Sri
Lanka(CBSL) rejected the latest Sand P report on the stability of
the banking sector. The statement issued by the CBSL said that it
noted the contents of the Report with grave concern. The S and P
report on the Sri Lankan banking system is factually incorrect,
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Jaffna agricultural sector thriving- K.Poornachandran
The agricultural sector in Jaffna has revived
due to the big demand for produce in the district said the Chamber
of Commerce and Industry of Jaffna President, K.Poornachandran. He
said that large acres of land have been brought under the plough
since the end of terrorism and the region is regaining its pristine
glory.
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International HR Conference 2012
The International HR Conference 2012, will be
held on June 26 and 27 at Waters Edge based on the theme “The
Evolving New HR Agenda”. It will feature a number of mini-events
including ‘The Great HR Debate’, Business Leaders’ Forum, a
Tripartite Forum and the Service Providers Exhibition 2012,
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