Lanka’s growth solid in region
Private sector investment picking up:
There was broad based economic rebound in 2010 in
all three sectors and Sri Lanka recorded solid growth compared to
the region. The robust growth will be moderating this year,
Institute of Policy Studies Director Dr. Dushni Weerakoon said.
Etisalat launches LTE ready 3.75 G network
Etisalat launched the country’s only 3.75 G
network. Etisalat plans to expand Sri Lanka’s largest 3.75 G network
with the latest and most cutting edge technology.
Banks hail limiting of lending portfolio for buying equities
The banking community yesterday hailed the
Central Bank directive to limit the lending portfolios for the
purchase of equities in the Colombo Stock Exchange, claiming that it
was a move in the right direction.