OTHER NEWS "Holistic" approach to waste management SANASA DEVELOPMENT BANK MAINTAINS ITS GROWTH MOMENTUM Colombo stocks slide on negative judgment on JKH CCC AGM – Jayampathy takes over    Advertisement Print Version | Email to friend Tamil businessman shot dead by LTTE gunmen- Jaffna 13-05-2008 Alleged LTTE gunmen shot and killed a Tamil businessman, owner of a communication center at Pothapady Road in Kokuvil East, Jaffna yesterday (May 12) evening. The victim identified as Mahendran Paramanathan, 36, was shot by alleged LTTE gunmen who stormed into his communication store at around 7.p.m. The gunmen were on motor bikes and have immediately fled the area, Jaffna Police said citing witnesses. According to relatives Mr. Paramanathan sustained severe gunshot wounds and succumbed to injuries after been rushed to the Teaching Hospital in Jaffna. LTTE operatives are alleged to have increased extortions from Tamil businessmen discretely through intimidations as reported by Police sources. Earlier, on 9th May LTTE gunmen similarly shot dead a Tamil businessman in general area Nallur at Kopay in Jaffna, as he was said to have refused paying ransom to the terrorist operatives. Print Version | Email to friend

"Holistic" approach to waste management Wed, 23-07-2008 13:00:00 Staff at the UN Office for Project Services (UNOPS) who manage a waste-management project in the southeastern Sri Lankan District of Ampara consider it a sign of success when town residents complain that their rubbish needs collecting. "When we started [the project] there was very little awareness of the negative aspects of improper disposal or of proper waste-management systems," Gary Morris-Iveson, UNOPS's programme manager for environmental restoration in Ampara, 350km east o... |FULL STORY|

SANASA DEVELOPMENT BANK MAINTAINS ITS GROWTH MOMENTUM Tue, 22-07-2008 20:00:00 The SANASA Development Bank (SDBL) has recorded yet another impressive performance for the first half year ending 30th June 2008. The Bank has recorded a pre-tax profit of Rs.124.5mn as against Rs.83.6mn for the corresponding period ending year 2007, which is an increase of 49%. Despite the adverse impact of the security and the economic conditions the bank was able to maintain its growth momentum said General Manager/CEO, Mr. Nimal Mamaduw... |FULL STORY|

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Colombo stocks slide on negative judgment on JKH Tue, 22-07-2008 09:00:00 John Keells Holdings’ (JKH) stocks slumped on Tuesday when trading opened in the Colombo bourse on the back of yesterday’s Supreme Court judgement of 2002 privatisation of Lanka Marine Services (LMS). There was anticipation of a similar (judgement) outcome in the dispute over the Sri Lanka Insurance Corporation (SLIC) privatisation also being contested in the Supreme Court, which could negatively impact on SLIC subsidiary Distilleries Corporation shares. “The LMS ruling ha... |FULL STORY|

CCC AGM – Jayampathy takes over Tue, 22-07-2008 09:00:00 Jayampathy Bandaranayake, chairman of Ceylon Tobacco Co (CTC), took over the reins as chairman of the Ceylon Chamber of Commerce yesterday at the chamber’s annual general meeting. Chief Justice Sarath N. Silva, chief guest, was unable to attend as he was indisposed, chamber officials announced at the event. Anura Ekanayake, formerly from Unilever and now a business consultant, was elected Vice Chairman and Susantha Ratnayake, Chairman of John Keells Holdings (JKH) as Deputy Vice Ch... |FULL STORY|

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