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Sunday, 31 March 2013

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Jockeys rehearsing at the Nuwara Eliya racecourse: Nuwara Eliya is getting ready for the spring festival season. City authorities and hoteliers anticipate the highest influx of local and foreign tourists this year with the boom in the tourism industry. The Nuwara Eliya racecourse is the setting for a variety of horse racing events in April. In previous years, the races included the Governor's Cup, Labookelle Cup, Upali Wijewardene Kandos Cup, Nescafe Cup, Sporting Times Trophy, Sumathi Cup and the Sunquick Cup. Pic: Susantha Wijegunasekera

Ex-Tigers turn successful entrepreneurs

The Rehabilitation Authority (RA) has made successful entrepreneurs out of around 11,500 ex-LTTE cadres supporting them in vocational training and providing capital to start self-employment ventures. “We have released over Rs. 255 million at 4 percent interest to over 1,500 rehabilitated ex-LTTE cadres to start livelihood ventures under phase one of the livelihood support project,”

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CSR should meet national needs - Chandula Abeywickrema

Private sector companies spend over Rs. 1.5 billion a year on Corporate Social Responsibility projects (CSR) which do not help boost economic growth in the country, said Deputy General Hatton National Bank (HNB) Chandula Abeywickrema.

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Inflation decelerates in March

Inflation, as measured by the Colombo Consumers’ Price Index (CCPI) (2006/07=100) computed by the Department of Census and Statistics decreased significantly to 7.5 percent on a year-on-year (YoY) basis in March from 9.8 percent in the previous month.

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$ 200 million for health sector

The World Bank has approved a concessionary loan of US $ 200 million to Sri Lanka for the Second Health Sector Development Project (SHSDP) to help the government to upgrade the public health system and enable it to better respond to the challenges of a middle income country.

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