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DateLine Monday, 23 April 2007

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News: President returns after successful Rome visit ...           Political: SLFP revised devolution proposals finalised ...          Financial: Hedging arrangements planned for crude oil ...           Sports: Lara bids farewell with run out ....

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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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