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Policy consistency hailed:

National Chamber welcomes positive budget

The National Chamber of Commerce of Sri Lanka (NCCSL) welcomes the budget proposal 2008 as a positive but challenging one as it aims to reduce the fiscal deficit to 7 per cent of GDP.

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Emirates marks another record half-year

Holds 40 per cent of SriLankan:

Emirates Airline has announced another record performance for the first six months of its current financial year 2007-08 ending September 30, 2007, with net profits of Dhs 2.36 billion (US$ 643 million) up 99 per cent compared to Dhs 1.18 billion (US$ 323 million) for the same period last year.

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Seylan mulls reducing lending rates

Chairman Ceyli-nco Consolidated Lalith Kotelawela said the existing lending interest rates offered by commercial banks are high.

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Ceylinco Grameen Automobiles joined hands with Peoples Leasing to provide vehicles for the poor to start their own businesses. The first vehicle under this scheme was presented free of charge to a 13 year old from Anuradhapura who has lost both his arms and legs. Here Chairman Ceylinco Group Lalith Kotelawala, Chairperson Mrs. Kotelawala and CEO, Peoples Leasing hand over the keys to R.G. Jayalath. Picture by Sumanachandra Ariyawansa

• Softlogic achieves “Superbrand” status

• Biz Thumbnails

• Reduction in ESC welcome - Exporters’ Association

• Business Advertorial

• Business Global Scene

• Lanka’s banking system remains resilient - Fitch Ratings

• Regional infrastructure to bloom - BPA

• The impact of high interest rates on finance and leasing companies

• Proposed automation of the Colombo Tea Auction

• Management Tips:

• Business Travel

• World Travel Mart begins Monday in UK

• Cinnamon Lodge invests Rs. 70 m for conference

• Lankan becomes World’s No.1 Chef