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New Finance Business Act

Enhanced financial stability:

The new Finance Business Act that will introduced soon will further enhance financial stability while giving more power to the Central Bank. Central Bank Deputy Governor Dharma Dheerasinghe said the new Finance Business Act will be presented for Cabinet approval on December 29.

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Tea gets global recognition:

Ceylon Cinnamon to get Geographical Indicators

Ceylon Cinnamon will get registration for Geographical Indicators (GI) at the end of February next year. The Spice Council together with Export Development Board (EDB) has selected four logos for Ceylon Cinnamon,

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Exports driving Asia Pacific economies

According to a new United Nations Report exports are driving a V shaped recovery in Asia and the Pacific with developing economies in the region posting double-digit growth for both exports and imports in 2010.

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Christmas trees from recycled material : A visitor to the Heritance Tea Factory this season will be able to enjoy a unique set of environmentally friendly Christmas trees made out of recycled material. These Christmas trees that adorn the public areas of Heritance Tea Factory hotel have been made with waste and used material supporting the 7R environment policy internally developed and widely used by the Aitken Spence Hotels. These trees have been made with bottles, wax and twigs of tea bushes.

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