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Monday, 31 January 2011

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Fiscal discipline essential - IMF

Budget moving in the right direction:

A Sri Lankan policy agenda that takes into account new global developments would include continued fiscal discipline, financial market development and national consensus, International Monetary Fund’s (IMF) Asia Pacific Department Anoop Singh said.

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HDFC doubles housing loans

Expects 16,000 loans worth Rs 4 b this year:

The HDFC Bank has doubled its housing loan disbursements last year recording over 10,700 housing loans worth of Rs 3,069 million, which in 2009 was Rs 1.4 billion with 5,977 housing loans.

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Awareness on incoterms vital - BoC official

Sri Lanka needs to improve awareness on International Commercial terms (Incoterms) to facilitate trade industry, an expert said. Bank of Ceylon (BoC) Corporate Branch Trade Division last week held a seminar on recent changes on Incoterms for its customers in Colombo.

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All for tourism promotion : A Tourist Information Center and a Tourist Facilitation Center at Buthgamuwa in the North Western Province was opened by Economic Development Minister Basil Rajapaksa on Saturday. The Minister examines the information center. Picture by Chaminda Hittatiya



 
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