Daily News Online

Saturday, 22 May 2010


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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Tea pluckers in action File photo

LANKAPUVATH - National News Agency of Sri Lanka
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