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DateLine Monday, 21 May 2007

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 Lankaputhra Bank official Kennedy Michael.
Picture by Sumanachandra Ariyawansa

Lankaputhra Bank loans Rs. 2 b for local enterprises

Loans worth Rs two billion have been given to local entrepreneurs in 18 districts, Senior Business Development Manager, Lankaputhra Development Bank, Kennedy Michael said.

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Continuous action against pyramid schemes

The Central Bank informs the public that it has contrary to reports, strengthened its action against pyramid schemes. Some of the recent measures initiated by the Central Bank are - the conduct of investigations into pyramid schemes and other unauthorised finance businesses

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Lanka seeks US assistance for oil exploration

Sri Lanka needs technological assistance to exploit its oil resources and the country needs the US business community to take part in the bidding for the exploration of oil resources in Sri Lanka.

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