BoC to set up investment banking unit
Focus on equity to channel lending:
Bank of Ceylon, the largest state bank in the
country will embark on setting up a separate investment banking unit
aim to diversify its portfolio. “BOC is changing ways of doing
business and focus on investment and equity activities to channel
lending.
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Careful study into tea industry
The Sri Lanka tea industry and various
implications to it are to be carefully studied by the new Tea Board
Chairman Susantha Ratnayake. “Consultation of all stakeholders to
seek their views has already commenced and within a short period of
time strategies will be formulated to take the industry forward,”
Ratnayake told Daily News Business.
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Tourism Authority launches Rooms in Homes project
Fifteen guest houses have been set up without
any help in Jaffna soon after the end of terrorism up to now. This
is a healthy sign for the development of tourism in Jaffna, a senior
tourism official said.
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