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ComBank weathers adverse first quarter profits

Bank restructures loans to help customers:

Commercial Bank of Sri Lanka’s first quarter profits have gone down compared to the corresponding year (2007) due to the tough market conditions, Chairman Mahendra Amarasuriya told Daily News.

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Pathirana develops unique vegetable, fruit dehydration machine

A Sri Lankan engineer from Veyangoda, Rankoth Pathirana has manufactured a vegetable and fruit dehydration machine that can be operated without fuel.

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Thai gem and jewellery men want red tape removed

Sri Lankan businessmen in Thailand involved in the gem and jewellery sector are requesting that red tape be removed to achieve further growth in the industry.

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MTI develops Knowledge Conglomerate

The Knowledge Conglomerate, an idea conceptualised, developed and spun off by MTI Consulting, is to be launched in Sri Lanka.

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The dehydration machine.

Foreign inflows to the government consisting of both loans and grants increased substantially in 2007 with the successful launch of the debut sovereign bond issue.
                              Central Bank Annual Report 2008

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