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DateLine Thursday, 1 March 2007

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News: Navy destroys LTTE weapons ship ...           Political: Mud slinging campaign against crossovers, says Lokuge ...          Financial: Banks welcome CB directive on single borrowing limits ...          Sports: Australia will be tough to beat - Ponting ....

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Banks welcome CB directive on single borrowing limits

The Central Bank has issued a new directive to all banks in the country with regard to single borrowing limits. It has been described as prudential requirements for banks.

 

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JAAF ties up with Fulbright Commission on human capital strengthening

The Joint Apparel Exporter’s Forum (JAAF) has secured the services of the Fulbright Commission to provide direction and guidance in developing the education levels of the industry and to strengthen the competence of the human capital of the Apparel Industry.

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All eyes on telecom sector shares

Colombo stock market continued the downward trend yesterday with both indices recording losses while the turnover remained moderate due to strong interest in telecommunication sector shares.

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