Essential goods prices slashed

Price stability pact comes into effect:

Prices of essential commodities have decreased substantially with the signing of the price stability agreement between the Government and essential commodity importers in the Pettah Market for the first time.

Full Story

Yen 39.2 billion Japanese loan for Lanka

President’s Senior Advisor meets Japanese Foreign Minister:

Japanese Foreign Minister Taro Aso announced the 38th Yen loan package amounting to 39.2 billion Japanese Yen (around Rs. 40 billion) offered by the Japanese government to Sri lanka during his meeting with President’s Senior Advisor Basil Rajapaksa on Monday in Tokyo.

Full Story

Govt help for organic fertiliser production

President Mahinda Rajapaksa yesterday stressed the importance of expediting agricultural development as per the 10-year development plan of the Government.

Full Story


Editorial Page	Political	Security
Editorial: University admissions and LTTE racism Mangoes and Olive Branches more »	No Govt-LTTE pact : PM Cabinet has no bearing on CoL - Vasu more »	Tiger terrorists execute plan to Balkanise India more »

Financial News	World	Sport
CB sees cheque transaction boom after CIT entry HNB delivers robust performance earning 54% pre tax profit SriLankan to promote Lanka in China more »	Indonesia to halve number of state-owned firms by 2009 Israeli-Palestinian summit ends with vague promise Insurgents slaughter 40 Iraqis in day of bombs more »	Three new venues to boost Sri Lanka Rugby Prabagaran is All India Amateur Golf Champion Kotte’s soccer giants clash on Saturday more »

Special


Daily News Debate	‘On Wings of Love’ to heal your soul	Daily News Woman


	Buddhist Spectrum

CB sees cheque transaction boom after CIT entry

The Central Bank (CB) is anticipating a major boom in the cheque transaction system in the country within the next few years with the introduction of the Cheque Imaging and Truncation System (CIT) system, its sources said.

Full Story