LOLC ventures into microfinance
Lanka ORIX Leasing Company PLC (LOLC), signed an
agreement with the Dutch Development Bank FMO in Netherlands to
launch LOLC Micro Finance Company Ltd.
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FDB to tap new, unexploited markets
The Export Development Board (EDB) is looking
for new markets to strengthen local exports from Sri Lanka, which
are unexploited upto now, its Chairman Anil Koswatte said.
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Stockbrokers hail derivatives trading
Three Chief Executive Officers of frontline
stock brokering companies hailed the Securities and Exchange
Commission (SEC) for arranging to launch derivatives in the local
market, claiming that it was a very positive move in the right
direction.
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