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Sunday, 9 December 2012

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LONDON, ENGLAND- Shoppers pass festive shop window displays on Kings Road in Chelsea in London, England. The Chancellor of the Exchequer George Osborne has stated that the United Kingdoms economy is still struggling during his Autumn budget statement to Parliament. - AFP

Deveni Batha to meet nutrition needs:

Raigam goes for Rs 300m noodle product

Raigam has introduced Deveni Batha, a 100 percent rice product to fill the much-needed gap in nutrition. Deveni Batha, will cater to the needs of Sri Lankans in taste and nutrition. Formulated out of 100 percent rice flour, it is the much-anticipated solution to dependency on wheat.

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Gem and jewellery exports target $ 1 billion

Gem and jewellery exports have increased with Russia, China, Italy and many Middle East countries showing tremendous interest in Sri Lankan gems, Sri Lanka Export Development Board (EDB), Chairman Janaka Ratnayake said. He was speaking at the Jewels Sri Lanka an international gem and jewellery exhibition at the BMICH on Friday.

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People’s Leasing and Finance to raise $100m from ME investor

People’s Leasing and Finance PLC, the largest non-bank financial institution plans to raise $ 100 m from an investor in the Middle East. “We are negotiating with an investor in the Middle East to raise funds to finance the company’s future working capital requirements. The company is positive of forging a deal to acquire foreign funding by next year,”

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BoC among top 1,000 global banks

The Bank of Ceylon received global recognition as one of the top 1,000 banks in the world, by the banking and finance magazine, 'The Banker'. The top 1,000 banks were selected for their achievements by global leaders in the industry. The rankings are one of the industry’s most widely used index of global banking,

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German companies focus on excellence

German companies are focused on excellence and are not out to betray one another, said German Ambassador Dr. Jurgen Morhard at the National Business Excellence Awards (NBEA) of the National Chamber of Commerce (NCCSL) on Tuesday. He said that Germany is a model of how to run an economy successfully.

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Sri Lanka hosts UN Global Compact’s Exchange program

Global Compact Network Ceylon hosted the United Nations Global Compact’s Local Networks Exchange program in Sri Lanka recently. Organised jointly with the UN Global Compact Office in New York, the four-day event convened Global Compact officials and representatives of local networks from Sri Lanka, India, Egypt, Indonesia and Bangladesh.

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