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.
 Full Story
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.
Full Story
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.
Full Story
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.
Full Story
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.
Full Story
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.
Full Story |
