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Friday, 29 October 2010

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New Finance Business Act in the offing

Amendments to Banking Act provisions:

A new Act named the Finance Business Act will replace the current Finance Companies Act after the budget presentation,

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Export earnings increase

Industrial sector leads in exports in August:

Earnings from exports increased by 7 percent to US dollars 760 million in August, recording the highest monthly value thus far in 2010 the Central Bank said.

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Dockyard studying Hambantota facilities

Flags off another constructed vessel:

The Colombo Dockyard is conducting feasibility studies in setting up ventures in the Hambantota port.

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Fashion for a cause: Parisian dress designer Georges Hobeika was here to launch his prestigious label to Asia at a Red Carpet Invitees Only event at Cinnamon Grand Colombo. Models walked the ramp showcasing the fall and winter collection designed by Hobeika. All the proceeds of this fashion show will be donated to the Carlton Suwa Sevana cancer charity under the aegis of First Lady Shiranthi Rajapaksa. Georges Hobeika with First Lady Shiranthi Rajapaksa. The First Lady is wearing the first ever couture Kandyan saree designed by Georges Hobeika himself. Picture by Thushara Fernando



 
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