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DateLine Tuesday, 28 October 2008

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Business

Incentives for tea smallholders

Banks asked to differ loan interest payments:

The Central Bank Governor will meet all bank officials today to discuss the possibilities of helping tea smallholders to overcome difficulties they are facing as a result of the drop in tea prices at the last auctions.

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Hayleys to support oil and gas industry

Hayleys Advantis formed a joint venture with leading energy services group, Edgo Hayleys PLC, one of Sri Lanka’s oldest and most respected conglomerates, formalised plans to extend the Group’s expertise and interest into the oil and gas industry to support and facilitate efforts to explore, extract and develop hydrocarbon reserves in the country.

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Money laundering needs effective combating - CJ

All stakeholders should find preventive measures to end root causes of money laundering and terrorist financing, Chief Justice Sarath N. Silva said.

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