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Gem and jewellery sector exceeds Rs. 40b target in 2006

THE local gem and jewellery sector was able to exceed this year's target of Rs. 40 billion revenue before the year end through gem and jewellery exports.

 

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Monetary Board to tighten policy to contain inflationary pressures

THE Central Bank of Sri Lanka announced on Friday that the Monetary Board decided to further tighten the monetary policy to subdue the demand pressures arising from monetary expansion and to contain inflationary pressures and inflation expectations.

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Pelwatte Sugar and BoC sign multi-billion rupee MoU

Bank of Ceylon and Pelwatte Sugar Industries Ltd. signed an MoU that marks the start a multi-billion rupee joint development programme.

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