Despite challenges GDP growth rate records 2.1
percent:
Economic performance in Q 2 encouraging
The economic performance in the second quarter of
2009 is encouraging since the second quarter showed a better
performance compared to the first quarter. Despite many challenges
the estimated Gross Domestic Production (GDP) growth rate recorded
2.1 percent in the second quarter.
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New system to be implemented from Oct 5:
BoC to channel ANCL classified advertisements
The Associated Newspapers of Ceylon Ltd (ANCL)
entered into an agreement with the Bank of Ceylon (BoC) with regard
to classified and word based advertisements which will be
implemented from October 5. The agreement was signed at the BoC Head
Office in Colombo yesterday.
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Political risk insurance cover to mitigate
losses:
MIGA promotes direct foreign investments
The Multilateral Investment Guarantee Agency (MIGA)
under the umbrella of the World Bank Group works towards promoting
direct foreign investments by providing political risk insurance
cover to mitigate losses, said Chief Counsel/Advisor Dr. Srilal M.
Perera.
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