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Saturday, 17 July 2010

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Regional Development Bank opens

Regional Development Bank (RDB) will be launched today.

The country will be geared to produce more entrepreneurs with the aim to fuel the rapid development drive. The Bank launched today will be a bank with a local touch assisting the emerging entrepreneurs to establish viable commercial ventures, Regional Development Bank Chairperson Janaki Kuruppu told Daily News Business.

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Special Credit Guarantee Scheme:

Industrial Finance gets first CBSL loan

The Central Bank Sri Lanka has initially allocated Rs 120 million to provide loan facility to Registered Finance Companies in trouble under the Special Credit Guarantee Scheme. This is in order to improve their liquidity position and to resume normal business operations.

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Increase in gold use now

The gold usage in Sri Lanka has increased by 20 percent in the post-war situation. It is due to the free movement of people. Many people from distance cities are now heading to Colombo in the hope of purchasing gold jewellery, making it a special occasion of their life, Vogue Jewellers Director, Nanda Perera told Daily News Business.

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Noritake Group of Companies President Hitoshi Tanemura paid a courtesy call on President Mahinda Rajapaksa at Temple Trees yesterday. Noritake Lanka Porcelain Deputy Chairman/Managing Director Sean Hasegawa and Noritake Lanka Porcelain Executive Consultant Nimal Perera were present. Picture by Sudath Silva

Ulagalla Resort opens: Ulagalla Resort, the latest luxury boutique hotel in the country commences operations today. The resort is built on the site of an ancient mansion, belonging to aristocracy and it is located in the hamlet of Tirappane, 40 kilometres north of Dambulla on the Dambulla-Anuradhapura road, Anuradhapura is 20 kilometres from the resort.



 
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