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Wednesday, 09 September, 2009
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Go slow stains tea
industry
By Nizla Naizer and
Uditha Jayasinghe
The stand off between estate unions and plantation owners have already cost the industry Rs. 1 billion dollars and seems set to wreak more damage as striking workers are sabotaging the movement of produce resulting in buyers being discouraged.
Full story...>>
Sign of the times? Sri Lanka slips in ‘Ease of Doing Business’ rankings
Perhaps reflecting the trying circumstances for the entrepreneurial community, Sri Lanka has slipped in the influential and annual global rankings of Ease of Doing Business, released yesterday by the World Bank and the International Finance Corporation (IFC).
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Did Central Bank, which has been striking rich in terms of boosting foreign reserves, give some winning lessons to Sri Lanka Cricket yesterday to clinch victory over New Zealand in the India-involving Tri-Nation 50 over cricket encounter? The mood captured in the Chairman’s Box at the Kettarama Stadium yesterday suggests so with Central Bank Governor Ajith Nivaard Cabraal all smiles flanked by Sri Lanka Cricket’s interim Chairman D.S. De Silva (right) and the Former Permanent Representative to the UN Prasad Kariyawasam. After losing the T20 series, Sri Lanka last night defeated New Zealand by 97 runs.
Pic by Rukshan Abeywansa. |
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Hemas Power launches IPO to
expand renewable energy projects
Hemas Power Limited announced the launch of their Initial Public Offering (IPO), aimed at generating a maximum of over Rs. 600 million in funds yesterday.
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