Sunday Observer Online


Sunday, 30 November 2014


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Marriage Proposals
Government Gazette
A woman loading roses in Poonagala, Bandarawela to be transported to Colombo. Poonagala is one of the main tea producing areas producing high grown tea. In addition to tea cultivation the area is famous for vegetable cultivation, dairy farming and cut-flowers and foliage. Today, the people displaced by the Meeri-yabedda landslide reside in five camps in Poonagala and some villages in the area too have been identified as landslide prone areas Pic: Susantha Wijegunasekera

Five-year plan to enhance quality of power

The Public Utilities Commission of Sri Lanka (PUCSL) the regulator of the electricity sector has launched a five-year strategic plan to enhance efficiency in electricity generation, transmission and distribution.

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Policies for financial inclusion of elderly vital

Demographic changes with the increasing elderly population in developing countries has compelled us to bring policies for financial inclusion of the elderly and give them the opportunity to contribute to economic development, senior financial adviser, Medical Committee Netherlands-Vietnam (MCNV), Tran Le Heu He told a seminar in Colombo last week.

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Sampath Bank to issue Rs 7 b debenture

Sampath Bank will issue 70,000,000 rated unsecured redeemable subordinated debenture, according to a Stock Exchange media release. The bank which will issue 70,000,000 debenture at a rate of Rs. 100 per share has been approved by the regulator.

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Central Bank outlines agenda for economic growth

The Central Bank outlined an eight-point agenda at a media briefing last week to align the country's banking sector with the government's 20-20 Vision. Central Bank Governor Ajith Nivard Cabraal outlining the program said that the objective of the agenda is to achieve a US$ 150 billion economy and a Gross Domestic Product (GDP) Per Capita Income of US$ 7,000 by 20-20.

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Emerging Asian markets, a strong opportunity for British businesses

"The emerging markets of Asia present strong opportunities for British businesses, whose experience and expertise can be matched with the needs of these markets,’ said British High Commissioner to Sri Lanka, John Rankin in his message to the UK companies at the inauguration of the UK trade mission to Sri Lanka, last week in Colombo.

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Russia to buy fish from Sri Lanka

Russia has agreed to purchase Sri Lankan fish products, government sources said. After extensive discussions with the Russian authorities by the government through the Embassy of Sri Lanka in the Russian Federation, the Federal Service of Veterinary Surveillance under the Ministry of Agriculture of the Russian Federation granted approval recently to import fish and fish products from Sri Lanka.

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LANKAPUVATH - National News Agency of Sri Lank
Telecommunications Regulatory Commission of Sri Lanka (TRCSL)
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