Sunday Observer Online


Sunday, 29 May 2016


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Marriage Proposals
Government Gazette

RPCs hope to raise funds through tea bonds

Regional Plantations Companies (RPCs) and the Asian Development Bank (ADB) are discussing the raising of funds by selling US dollar-denominated ‘tea bonds’ to foreign investors. The ADB has come forward to assist the industry hit hard by the long slump in tea prices and heavy debts,


Business chambers urge better urban, rural planning

Even as the insurance companies announced flexibility and quick respite in meeting the thousands of insurance claims arising from the recent island-wide storm disaster, two major national business chambers called for a return to systematic town,


DFCC to offer low-cost personal and business loans

Flood-affected people and enterprises to benefit:

DFCC Bank will launch an initiative to help flood victims as they commence the process of rebuilding their lives. Going beyond providing short-term relief, the Bank is focusing its efforts on facilitating a long-term rebuilding,


John Keells Group PBT - Rs 19.20b

John Keells Group said its profit before tax increased by 3 percent to Rs. 19.20 billion in the financial year 2015/16. The group's recurring profit before tax increased by 10 percent to Rs.18.94 billion and group's revenue increased by 2 percent to Rs. 93.28 billion and profit attributable,


LSE signs BOI agreement

Investor-confidence rises:

The Board of Investment of Sri Lanka signed an agreement with the London Stock Exchange Group (LSEG) to set up its global business services arm in Sri Lanka. The agreement was signed by Chairman of the BOI of Sri Lanka, Upul Jayasuriya and LSEG Group Head of Shared Services, Martin Ryan.

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