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Friday, 21 October 2011


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World Bank ‘Doing Business Index’:

‘Lanka to be among top 30 by 2015’

Sri Lanka rose to the 89th position in the Global Ranking from 183 countries, as one of the best places to do business with, on the ‘Doing Business Index’ compiled by the World Bank and the International Finance Corporation yesterday.

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HSBC launches ‘Virtual Account’

Sri Lanka’s economy is on a fast growth track and project financing would be the way forward for large international banks. The HSBC has provided over $ 2 billion project financing and is in a better position to secure international funding for the country’s development drive,

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SriLankan Flight Academy opens

Aircraft flying training entered a new dimension in Sri Lanka, with the opening of SriLankan Airlines’ Flight Academy, with its first Airbus A320 full flight simulator, located in the Bandaranaike International Airport (BIA).

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President Mahinda Rajapaksa, who was the Chief Guest, is seeing officially launching the simulator yesterday. SriLankan Airline chairman Nishantha Wickramasinghe, Aviation Minister Priyankara Jayaratne, SriLankan Airlines CEO Kapila Chandrasena look on.

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