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Negotiating with banks to mitigate losses:
CPC to restructure hedging
Ceylon Petroleum Corporation (CPC) will
restructure the hedging arrangements with all banks that have
entered into hedging arrangements to mitigate losses arising from
lower crude oil prices in the global market, its Chairman Asantha de
Mel said.
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Kaluthota Finance added to crooked list
Central Bank has named Kaluthota Finance as an
unauthorised financial institution adding to its list of unlicensed
finance companies. Central Bank has named Kaluthota Finance as an
unauthorised financial institution adding to its list of unlicensed
finance companies.
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Budget 2009, another milestone
The budget 2009 is another milestone to help
expand our capacity to grow while facing the new challenges faced by
the world crisis, said Deputy Secretary to the Treasury, Ministry of
Finance and planning R. A. Jayatissa.
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