Today’s Front Page 18-09-2012

Published : 1:38 am  September 18, 2012  |  Category: PRINT PAPER  |  Leave a Comment  |  531 views  |  
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SL-China sign 16 agreements

Published : 1:36 am  September 18, 2012  |  Category: Uncategorized  |  2 Comments  |  682 views  |  
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Sri Lanka and China inked 16 agreements yesterday in a move that will solidify already strong relations. Xinhua News reported that China’s National People’s Congress Standing Committee Chairman Wu Bangguo together with his 150-strong delegation singed the agreements when they met with President Mahinda Rajapaksa.  Read More →

Growth gloom

Published : 1:35 am  September 18, 2012  |  Category: TOP STORY  |  Leave a Comment  |  732 views  |  

Tightening brakes on growth, Government data released yesterday showed the country has slowed to a two-and-a-half-year low, slipping from 7.9% in the first quarter to 6.4 % in the second when compared with the same period last year.    Read More →

Hemas Transportation in JV with Forwardair Logistics

Published : 1:34 am  September 18, 2012  |  Category: Front Page  |  1 Comment  |  1,648 views  |  
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Hemas Transportation yesterday announced the expansion of its logistics service portfolio, through a joint venture with Forwardair Logistics (Pvt) Ltd., and has rebranded it as Hemas Logistics.  Read More →

NSB-TFC deal: CID questions Kariyawasam

Published : 1:31 am  September 18, 2012  |  Category: Front Page  |  3 Comments  |  1,158 views  |  

As part of investigations, the Criminal Investigations Department (CID) has begun questioning Pradeep Kariyawasam, the former Chairman of National Savings Bank (NSB), in connection with the controversial decision to invest in The Finance Company Plc (TFC), a move which was revoked subsequently.  Read More →

Bourse at eight-month high

Published : 1:31 am  September 18, 2012  |  Category: Front Page  |  1 Comment  |  697 views  |  

Reuters: The stock market rose to an eight-month high on Monday as institutional investors bought banks, a day ahead of the Central Bank’s September policy rates decision, which the market expects to be unchanged.  Read More →

CB seen keeping rates steady for fifth straight month

Published : 1:29 am  September 18, 2012  |  Category: Front Page  |  1 Comment  |  442 views  |  

Reuters: The Central Bank is expected to keep interest rates steady for a fifth straight month on Tuesday despite high inflation to help bolster economic growth, which has been cooling due to sweeping policy measures and an extended drought.  Read More →

Cyprus Airways to return?

Published : 1:28 am  September 18, 2012  |  Category: Front Page  |  Leave a Comment  |  450 views  |  

By Cheranka Mendis Negotiations are ongoing to bring back Mediterranean carrier Cyprus Airways to fly to Sri Lanka thanks to the tourism boom experienced in both countries.  Read More →

Private sector told to take biz to US

Published : 1:28 am  September 18, 2012  |  Category: Front Page  |  Leave a Comment  |  536 views  |  

By Shanuka Tissera Newly appointed US Ambassador Michele Sison has called on the Sri Lankan private sector to promote entrepreneurship to galvanise partnerships with US companies and foster post-war economic growth.    Read More →

Malaka remanded

Published : 1:24 am  September 18, 2012  |  Category: News  |  4 Comments  |  1,378 views  |  
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By Lakmal Sooriyagoda Minister Mervyn Silva’s son Malaka and six others were remanded till 24 September by a Colombo Court on charges of having assaulted an Army Major and having robbed his service revolver and mobile phone.  Read More →

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