Monday, 03  March 2003  
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The Tea Smallholder Factories Limited (TSFL) introduced modern equipment for tea smallholders who supply green leaf to tea factories of the TSFL at a Field Advisory Service. Here Deputy General Manager TSFL Duncan Jayasinghe instructs an employee on plucking and using of the innovative tea plucking basket of a tea estate in Morawak Korale. - (Picture by Theja Vidyarupa, Akuressa group correspondent)
Central Bank gets more control over Bank reserves: Open market operations from today

The Central Bank of Sri Lanka will implement today the system of open market operations (OMO) using the overnight money market, the bank said.It gives the Central Bank more control over the reserve money in the financial system as the transactions under the OMO will be conducted at rates of interest determined in the market which are more consistent with the move towards market based instrument of monetary policy, Deputy Governor, Central Bank, W A Wijewardene told the Daily News yesterday. Full story

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