Wednesday, December 10, 2008

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A poorer Lanka next year?

World Bank forecasts country’s economic growth to slump to lowest level of 4% in 2009; Central Bank to make its stand known on January 2

Midst worsening global crisis the World Bank yesterday signalled what could be the lowest in a decade of economic growth of 4% for Sri Lanka next year though Government officials remain more optimistic.

 

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Anti-corruption heroes
Winners of the National Integrity Award Thusitha Pitigala (Centre) and Priyantha Fernando (right) with Special Mention winner Deshabandu Senaratne at the Anti-Corruption Day organised by Transparency International Sri Lanka. Pic by Rukshan Abeywansha.


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Hot CSE to impose cooling “Market Halt”

With the Bourse reeling owing to Rs. 194 billion loss in market capitalization year to date, the Board of Directors of the Colombo Stock Exchange (CSE) has decided to impose “Market Halt” effective from January 2, 2009. Full story




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