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Wednesday, 11 November 2009

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News: Govt to protect free education ...        Political: 'JVP-UNP TU action irony of fate' ...       Business: Mandatory deposit insurance scheme will have positive impact ...        Sports: Carlton 7’s Sri Lanka 2009 on a grand scale ...

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Move to enhance depositors’ confidence :

Mandatory deposit insurance scheme will have positive impact

Central Bank Governor Ajith Nivard Cabraal said that a mandatory deposit insurance scheme should be set up, as it will have a positive impact on the industry. This would enhance depositors’ confidence and it would be a self-corrective mechanism where companies would not have to take it as a burden. The mandatory deposit insurance scheme will also help to strengthen the financial system.

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Acer launches ‘Timeline’ laptops

Sri Lanka is one of the growing markets for the most convenient and affordable laptops and to fulfil that aspect a competition has been created among the computer dealers in Sri Lanka, said Acer Singapore Regional Business Development Manager Regina Lee.

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HNB’s 3Q PAT up

The third quarter group results of Hatton National Bank (HNB) PLC recorded an impressive 25 percent growth in the post tax profit amounting to Rs. 2.65 Bn. from Rs. 2.17 Bn. in the corresponding period of 2008.

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Acer Singapore Regional Business Development Manager Regina Lee presenting the first Acer Timeline Laptop to Metropolitan Computers Pvt Ltd CEO, Niranjan de Silva. Picture by Sumanachandra Ariyawansa



 
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