Rates reduced due to CB strategy:
Catalyst for rapid growth
The decision to lower the rates of lending
interests of public sector banks was made consequent to the
inflation rate coming down from 28 percent in June 2008 to one
percent now due to the strategies of the Central Bank and the
Treasury, Minister Ranjith Siyambalapitiya told a press conference
yesterday.
Full Story
President tells Sri Lankans in Nepal:
Return to country to foster nation building
President Mahinda Rajapaksa on Thursday
requested all Sri Lankans abroad to return to the motherland and
contribute towards the nation building effort. The President made
this appeal when he addressed the Sri Lankan community in Kathmandu,
Nepal.
Full Story
President opens Sri Lanka Maha Vihara in Lumbini
President Mahinda Rajapaksa ceremonially opened
the Sri Lanka Maha Vihara, a monastery constructed by the Sri Lankan
Government in Lumbini, Nepal, the birth place of the Buddha as the
Prince Siddhartha Gautama yesterday morning.
Full Story
President meets Nepal’s leader
President Mahinda Rajapaksa met Nepal President
Dr. Ram Baran Yadav and held bilateral talks yesterday for nearly
one hour in a cordial atmosphere at the Sheethal Nivas Rashtrapathi
Bhavan, Kathmandu
Full Story
Visa overstayers face tough action
In a major crackdown, sleuths of the Immigration
and Emigration Department arrested over 100 foreigners within the
last 45 days, who have violated Sri Lankan visa regulations.
Full Story
|