Hedging arrangements planned for crude oil
THE Ceylon Petroleum Corporation was able to
conclude the first oil hedge with Standard Chartered Bank for
150,000 diesel barrels and expects to go for hedging arrangements
for crude oil in the future, Minister of Petroleum and Petroleum
Resources A.H.M Fowzie said.
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Banking sector urged to facilitate gem and jewellery
industrialists with loans
In response to a request made by the
industrialists, exporters and manufacturers engaged in the gem and
jewellery trade, the Minister of Export Development and
International Trade Prof. G.L. Peiris requested the State and
private banks to provide financial facilities to beef up their
trading.
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Malaysia as springboard for Lankan business expansion
MALAYSIA located in the heart of ASEAN provides
great opportunities for Sri Lankan businesses to venture into wider
regional ASEAN markets and invest in competitive investment
locations, High Commissioner for Malaysia in Sri Lanka Nazirah
Hussain said.
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