ISSN: 1391 - 0531
Sunday, January 07, 2007
Vol. 41 - No 32
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Financial Times
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Wijeya Pariganaka
Financial Times

Curtains for major players in banks  
By Duruthu Edirimuni
With the Central Bank preparing to tighten controls on shareholdings in commercial banks, it may be curtains for some powerful business moguls like Harry Jayawardena, Dr. Sena Yaddehige and Dhammika Perera who control banks directly or indirectly through other parties.
Sri Lankan oil exploration becomes hot political issue
By Chathuri Dissanayake & Natasha Gunaratne

A meeting of all political party leaders is to be called by President Mahinda Rajapaksa to discuss the course of action to be taken with regards to oil exploration in the country in which American, Indian and British companies have expressed interest.

COPE probes BOI agreement with Merbok
The Parliamentary Committee on Public Enterprises (COPE) is probing the agreement between the Board of Investment (BOI) and Merbok MDF Lanka Pvt Ltd which was the subject of much discussion last year.
Harry J fails in Asiri bid

Efforts by business tycoon Harry Jayawardena to take control of Asiri Hospital were botched after few shareholders responded to his offer to sell their stock.

Pizza deal next week

John Keells Holdings (JKH) is considering bids from three parties for the sale of its Pizza Hut business, a company spokesman said. He said bids from two local parties and one foreign group are being evaluated and a decision would be taken next week. The spokesman said the JKH was selling the Pizza Hut franchise as it wants to concentrate on its core businesses. He declined to give details.

Where are the benefits of higher growth?
Business on a war footing
Lankan roadmap for monetary and financial sector
Etihad moves into 2007 after success-filled 2006
NCCSL promotes SME sector
iOM acquires insurance software firm ATLAS,
New import rules from Jan 1 - Letter
New offers from Emirates
Dialog confident of the economy
Air transport passenger traffic in Sri Lanka seen growing
ICICI Bank launches Children’s Account
Seminar on ‘Global Mindset and Challenges’
Optimistic market for Lankan tea in first half 2007
The importance of IT business analysis
MBSL Midcap Index revised, market cap range raised
Immigrant entrepreneurs account for one-quarter of tech startups in U.S.
No major threat to Lanka’s financial stability - CB
Thriving in ’60; struggling in ‘06
Rules on corporate governance for listed companies
LIOC finally gets state subsidy
Time running out in SLIC deal issue
Year of the Yin Fire Pig – “DING HAI”
Passing away of a great Lankan entrepreneur
Premier Pacific gets ICTAD ‘A’ rating
CCC seeks urgent progress in peace process
Sarvodaya’s new tourism initiative through the community
MillenniumiT implements trading system in Tanzania
Lankan mobile phone industry now totally GSM

Copyright 2006 Wijeya Newspapers Ltd.Colombo. Sri Lanka.