NSB’s 9-month pre-tax profit up 31% to Rs. 9.1 b   Savings giant NSB yesterday reported a profit before tax of Rs. 9.1 billion for the nine months ended 30September and impressive growth of 31% as compared to same period last year. “The profitability for nine month period was mainly fuelled by the growth in traditional lines of business, ” NSB said in a statement. The net interest income of the bank increased to Rs. 20.6 billion,which is an increase of 38% as compared to corresponding period of last year. As the interest income of the bank grew by 7% to reach Rs. 58.4 billion, while interest expenses recorded a decrease of 5% mainly due to re-pricing impact of fixed deposits and increase in normal savings base during the period under review. The profit after tax was reported at Rs. 5.6billion for the nine months ended 30September. These profits were ...

Ven. Maduluwawe Sobitha and The Imperatives Of True Tribute November 18, 2015 | Filed under: Colombo Telegraph, Opinion | Posted by: COLOMBO_TELEGRAPH By Krishantha Prasad Cooray I first met Ven Madoluwawe Sobitha Thero almost a decade ago, through my father-in-law Padmavarna Wijayatilake. The first impression marked me. There was an aura about Sobitha Hamuduruwo. That’s why when a friend, Martin Pieris, wanted to write a book about prominent Sri Lankan personalities, I said that Sobitha Hamuduruwo not only has to be in it but deserves to be featured in the cover. In all my encounters thereafter the impression I had of Sobitha Hamuduruwo as a visionary and a fearless leader who could mobilize people to a just cause was reaffirmed time and again. He had a good understanding of the state of things in the country. He had a vision of what this country could be and he had a road ...

In Sunday leader Why is Stroke so Common in Sri Lanka? By Dr Harold Gunatillake Health Writer According to the Consultant Neurologist in Sri Lanka 1 in 100 people in Colombo has had a stroke. Prevalence of such a ratio is unbelievable and people, young and old should take notice of its seriousness. Stroke in young adults is more common in India and Sri Lanka and the reasons for this are not well understood, according to a paper presented by Ranil De Silva, MBBS, MPhil,* Ranjani Gamage, MBBS, MD, MRCP,†Chandika Wewelwala, MBBS,*Dinusha Gunarathne, MBBS,* Steven Kittner MD, MPH,‡ Dharshan Sirisena, MBBS, MD,†Anura Weerasinghe, MBBS, MD, PhD,§ and Priyani Amarasinghe, PhD// It is considered a preventable disease, and why so many are affected is difficult to understand. Let’s discuss some risk factors. Stress factors In Sri Lanka, people of the low socio-economic group lead an over-stressed life with acceptance in accordance with ...

S.THOMAS COLLEGE OBA NSW/ACT – ANNUAL GENERAL MEETING 2015   The Annual General Meeting of the STC OBA NSW was held at the Wrights Community Centre in Castle Hill on Sunday November 01 2015. The meeting was chaired by the President Graham Masefield (STC Prep 1956 – 1962 Keble House, STC Mount Lavinia 1963 – 1969 Buck House) The Secretary Indrajith Gunawardhana (STC Mount Lavinia 1974 – 1978 De Saram House) was pleased to inform the assembly that in 2015, a record number of 70 Old Thomians had contacted the OBA prior to the AGM, of which, 49 had confirmed their attendance with 21 apologies. The committee was heartened by the result, as they saw it as an indication of the greater interest exhibited by the membership towards the activities of the OBA in Sydney. During the year the committee had held a series of functions to cater to the ...

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Gradient Alliance News Bulletin – October 2015 The only source for a roundup of key Sri Lankan News. Economic News Government expenses to reach an all time high in 2016 “revolutionary” budget. Sri Lanka improves to 107th in Doing Business Index. More debt approved; urges China to relook at its’ SL loans. Private sector credit growth at over a five year high. ASPI closes at 7,042.06 in Oct. (0.12% MoM). Business News Tourist arrivals in Sept. up 35.8% YoY to 143,374. Vehicle reg. up 57.3% YoY in Sept., LTV increased to 90%. Tea exports decline for the seventh consecutive month. Business sentiment index at a record 204 (+29 pts MoM). Consumer News Nielsen consumer confidence index at 87 (+4 pts). Inflation returns after a quarter of deflation. Alcohol and cigarette prices increased. Gradient Alliance News Bulletin – October 2015 ...

Polyphenols – Lifespan Essentials By Dr Harold Gunatillake Health Writer Polyphenols have recently been termed “lifespan essentials”, and they actively participate in the body to prevent diseases from occurring. Polyphenols are antioxidants from plant foods that work in the body to enhance health in complex ways, and as such they are not simply antioxidants. Their specific health-promoting actions are still being actively researched, and it is generally recognized that they can reduce the risk factors for cardiovascular disease and basically help to protect many body systems from the risks or ravages of many types of chronic disease. Boosting one’s intake of antioxidant polyphenols on a daily basis is easy to do, and can be a tasty, gourmet adventure. ...

In Sunday leader What Are Gluten Free Foods And Their Benefits? By Dr Harold Gunatillake Health Writer Gluten from Latin means glue. It is a protein found in wheat and other grains including in barley, rye and a cross between wheat and rye called triticale. It is the gluten composite that makes wheat flour into dough by mixing it with salt, yeast, water and oil. This could be moulded into a ball to make baked food, such as bread, roti and so on because gluten gives elasticity to dough. One cannot mould rice flour into dough because of the absence of gluten in it. Rice and maize too have stored gluten but their proteins differ from true gluten… You could make batter with rice flour to make hoppers, string-hoppers and other Asian treats. The batter is semi-liquid and has no elastic property like dough. Gluten is a composite of two ...