New Finance Business Act in the offing
Amendments to Banking Act provisions:
A new Act named the Finance Business Act will
replace the current Finance Companies Act after the budget
Export earnings increase
Industrial sector leads in exports in August:
Earnings from exports increased by 7 percent to
US dollars 760 million in August, recording the highest monthly
value thus far in 2010 the Central Bank said.
Dockyard studying Hambantota facilities
Flags off another constructed vessel:
The Colombo Dockyard is conducting feasibility
studies in setting up ventures in the Hambantota port.