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Private sector shuns credit, CB steps in
In a move to stem the worsening poor demand for borrowing by private sector and bring down interest rates as well as step up flow of credit thereby stimulate the economy the Central Bank yesterday cut its policy rates.
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Return from Colombo stock market tops 50%
The performance of the Colombo stock market would surprise even the most ardent supporter of the Government and may confuse global markets in turmoil.
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Inaugural train journey of Yal Devi last week
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Buy ‘a ticket from the heart’ and book a seat to Jaffna
The government this week launched an ambitious campaign to raise Rs. 14 billion required to construct the Yal Devi railway track from Vavuniya to Kankesanthurai (KKS) within the next two years through ‘Uthuru Mithuru’ – a ticket from the heart’.
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valuable
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Global insurers gather in Colombo
By Nizla Naizer
Insurers from all corners of the globe, gathered in Colombo this week for the Federation of Afro-Asian Insurers and Re-insurers (FAIR) Seminar on Personal Lines Insurance.
With the intention of meeting the challenges of a rapidly changing environment, the seminar aimed at developing such concepts as bancassurance, micro-insurance, alternate distribution channels and the role of actuary in product development in the region.
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Make a date with
Malay cuisine
By Nizla Naizer
Pineapple stewed into sweet and delicious ‘dosi’, dates cunningly combined into an irresistible pickle, flour delicately turned into the white ‘mani pittu’, coconut and jaggery transformed into a scrumptious ‘dodol’ – the typical Malay cuisine has evolved from the traditional South East Asian meal to something a little more Sri Lankan and infinitely more tasty.
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Rivira Media Corporation Ltd.,
No, 742,
Maradana Road,
Colombo 10, Sri Lanka
Tele:
+94 11 4869969,(Editorial) +94 11 4708888 (General line),
Fax: +94 11 470814 |
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