Today’s Front Page 31-01-2012
Mahinda doing a Mike?
World heavyweight champion Evander Holyfield paid a courtesy call on President Mahinda Rajapaksa yesterday at Temple Trees along with Dr. K.A. Paul, a Christian preacher from the United States. Here during their meeting the sporty Rajapaksa gestures a fight and the return from Holyfield is only a smile.
Conspicuous correction by CB
- After statements to the contrary by Governor over applicable interest rate and on which loan amount, monetary authority issues clarification
For few days, the not so ‘whole truth’ was out in the market, but perhaps due to the Opposition’s fire and realising the blunder and implications, a better-late-than-never conspicuous correction termed “clarification” has finally saved the face of Central Bank.
Swimming lowers older adults’ blood pressure
Reuters Health: Many older adults like to take a dip a pool, and now a small study suggests it can be good for their blood pressure.
Researchers found that among 43 older men and women, those who started swimming a few times a week lowered their systolic blood pressure — the “top” number in a blood pressure reading.
On average, the swimmers started the study with a systolic blood pressure of 131 millimeters of mercury (mm Hg). Three months later, it was 122 mm Hg.
Construction of 150-room Citrus Leisure Waskaduwa begins
Hot on the heels of the opening of Citrus Hikkaduwa, a 93-room luxury resort, Citrus Leisure Plc yesterday laid the foundation stone for Citrus Waskaduwa, a 150-room 5-star luxury resort that is expected to be opened towards the end of 2012.
Piramal Glass Ceylon beats FY 11 net profit in 9 months of FY12
Sales during this quarter grew by 18% to Rs. 1.37 b
Piramal Glass Ceylon PLC (PGC), a manufacturer of specialty glass containers for food and beverages, pharmaceuticals, and cosmetics and perfumery, has reported a turnover of Rs. 1.37 billion and Net Profit of Rs. 205 million for the third quarter ended 31 December 2011 of FY 2011/12.
NDB Investment Bank raises Rs. 38 b in 2011
NDB Investment Bank (NDBIB), the premier investment bank in Sri Lanka, concluded its most successful year to date, raising approximately Rs. 38 billion funds and retaining its unrivalled position as the market leader in investment banking.
NDB Group Investment Banking Cluster CEO Vajira Kulatilaka commenting on this feat said: “We are proud to have retained our leadership as the dominant force in investment banking in Sri Lanka having successfully met the diverse capital requirements of our valued clients in exploiting the growth prospects of the economy.
Sri Lanka kicks off 20th session of FAO/IGG
By Cheranka Mendis
To be on top of the world tea trade as a producer, countries must learn and understand the criteria for being developed continuously in the main trading countries and innovatively come up with new marketing strategies to promote their products.
These must be backed by new product variation and differentiations in terms of marketing, research and development according to Plantation Minister Mahinda Samarasinghe.
Road development roars ahead
Pix by Chaminda Hittatiya
Minister of Economic Development Basil Rajapaksa participated in the handing over ceremony of approximately Rs. 827 million worth of machinery to expedite the Provincial Road Development Programme and Irrigation System Development Programme initiated by the Ministry of Economic Development islandwide. This handing over ceremony was held at Colombo Municipal Ground yesterday.
Cinnamon Grand’s Dragon Brunch a truly Oriental feast
The sumptuous Sunday afternoon buffet spread at the Cinnamon Grand’s ‘Dragon Brunch’ offers you a chance to savour the flavours of the exotic Orient, dish by dish.
Dedicated solely to the flavours of East Asia, the Dragon Brunch offers over 50 dishes in a feast, that boast cuisines from China, Thailand, Japan, Singapore, Malaysia and Indonesia for just 1,800+++. The brunch is held at the Courtyard Restaurant of the Cinnamon Grand from 12 noon to 3pm. Children less than four feet in height are entitled to a discount of 50%.
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