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DateLine Friday, 25 April 2008

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Security: 200 Tigers killed in fresh offensive in Muhamalai ...        Political: 'Easterners aware of UNP-LTTE tie up' ...       Business: Brandix leads green drive ...        Sports: Will Isipatana get off to a flying start ? ...



Brandix leads green drive

Commissions redesigned environmental friendly factory:

Brandix will be the first Lankan apparel factory to get the LEED USA certification as a converted Green factory, said Brandix Group Director AJ Johnpillai.

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Strong financial system can control inflation - Prof. Rankaduwa

Sri Lanka should focus on finding long-term strategies to control inflation by increasing efficiency and productivity in all sectors, lecturer University of Prince Edward Island, Department of Economics in Canada Prof Wimal Rankaduwa said.

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NDB Bank among Top Ten in Lanka

NDB bank, one of the fasted growing commercial banks in Sri Lanka was ranked eighth among the top 10 Sri Lankan Companies for the financial year 2006 - 2007 recently chosen by the leading business magazine "Business Today".

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NEW CONCEPT: The largest condominium complex outside Western Province, is now being built in Lady Macallum’s Drive Nuwara Eliya by Seagull Property Developers. Built with an investment of Rs. 500 million Ashley Hills will consist of 70 apartments with modern amenities and developers are promoting the ‘second home’ concept through this project.The company has received 15 bookings for the project.

In 2007, total revenue in nominal terms increased by 18.3 per cent, compared to 2006. The increase was due to the continuous efforts made by the government in further strengthening tax administration, streamlining tax incentives and exemptions, enhancing tax compliance and strengthening enforcement. However, total revenue was lower than the budgetary target mainly due to the provision of tax concessions on essential imported commodities to counter the rising cost of goods and services, and lower volume and total value of vehicle imports in 2007, as people opted to import lower value motor vehicles due to the high import duty structure maintained on fuel inefficient vehicles as a measure of managing the impact of escalating oil prices. (Central Bank)

Gamin Gamata - Presidential Community & Welfare Service
Ceylinco Banyan Villas

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