The Sunday Times Financial Times - Sunday, February 25, 2007

ISSN: 1391 - 0531

Sunday, February 25, 2007

Vol. 41 - No 39

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Wijeya Pariganaka

Financial Times

Bandula’s plan to cut COL misfires
The Treasury, in a move that caught food importers by surprise, reintroduced import duty on all commodities this week just a few days before a crucial scheme to reduce prices of essential food commodities takes off.

IFS in big deal with Singer Pakistan
IFS Sri Lanka, a global enterprise applications company, has struck a deal with Singer Pakistan in a US$500,000 investment.The company said it is one of the largest single investments by Singer Pakistan while for Sri Lanka it is the country’s biggest software exports.

Export certificates must for recon. vehicles
Compulsory export inspection certificates for all imported reconditioned vehicles will finally become effective from March 1 but with mixed feelings in the trade.

Central Bank way to curb illegal remittances
The Central Bank (CB) is targetting foreign investors and Sri Lankan expatriates to invest in Sri Lanka Development Bonds (SLDB) worth US$ 200 million in the coming year.

	Snags in SLSB

	More institutions to pursue hedging

	Food-in-the-mouth

	Raising the level of strategic readiness

	LB Finance delivers 116 percent growth

	Dialog hopes to reach all parts of Sri Lanka by end ‘07

	Enhancing the dignity of female apparel employees

	SriLankan’s International Aviation Academy operating in Maldives

	World Bank helps rebuild the lives of Puttalam’s IDP

	ICICI Bank’s new salary account product

	Ceylinco at the top with Rs 15.3 bln premium income in 2006

	Cleaning the accountancy stables

	Lanka home to Asia’s first medical mall

	Cargills -A royal celebration of Independence

	HNB sees profits soar despite huge tax burden

	‘POP Love’- Unilever day with customers

	British Standards Institution (BSI) now in Sri Lanka

	Export opportunities - passage to India and Europe

	Crysbro chicken in hygienic Cryovac packaging

	Directors’ duties under the new Companies Act

	LWL considers overseas investments

	Brandix’s top ‘seven’ win Six Sigma Black Belts

	Blueprint for Chillies 2007 to be upgraded

	RP group estates recognised for fair practices

	Prolonged war taking toll on economy – Ranil

	CB shows mixed trends in economic indicators

	OPA ignores human resources - Letter

	Eagle Insurance continues growth trend

	Small industry chamber meets Prof. Peiris

	JKH rights issue unlikely to change shareholding

	Civil society silent on 10-year plan

	Lankan heavyweights set up joint palm oil mill worth Rs 250m

	Sri Lanka clarifies ‘overblown media reports” at MICE show

	ComBank extends 'Com-e Load' to Mobitel subscribers

	Interest rates lifted amidst high inflation

Copyright 2007 Wijeya Newspapers Ltd.Colombo. Sri Lanka.