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DateLine Wednesday, 30 July 2008

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News: SAARC geared for firm action on several fronts ...        Political: 11,000 postal voting applications rejected ...       Business: Nimal to sit in Hayleys Board ...        Sports: China says it will increase Games security ...

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Nimal to sit in Hayleys Board

Former investment advisor Nimal Perera is likely to acquire a seat in the Board room one of the Lankan leading blue-chip companies Hayleys Group, its sources said.

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Fitch affirms National Savings Bank’s ratings

Fitch Ratings Lanka has affirmed NSB National Long-term rating at ‘AAA(lka)’. The Outlook is Stable. NSB’s rating reflects its full State ownership, systemic importance, the low credit risk on a majority of its assets and the explicit government guarantee on deposits.

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UML records Rs. 519.7 m profit after tax

UML completed yet another successful year, sustaining its consistent record of profitability and growth and the Group as a whole, earned its highest ever profit in the financial year 2007/08 reporting a profit after tax of Rs. 519.7 million

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CSE indices move up

The indices at the Colombo Stock Exchange moved up marginally with the ASPI gaining five points (+0.2%) to close at 2,409 while the MPI, which tracks the most liquid stocks, gained 7 points (+0.2%) to close at 2867.

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In view of the 15th SAARC Summit the Handicraft Exhibition and Trade Fair organised by the National Craft Council was inaugurated at the National Arts Gallery yesterday. The event will conclude on August 3. Here some visitors making purchases at the fair.
Picture by Sumanachandra Ariyawansa



 
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