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| Export sector records 10 percent growth |
| The country’s export sector recorded significant growth due to the favourable global economic environment. The first four months recorded a 10 percent growth of US $ 2.7 billion. However the apparel sector recorded a 11 percent negative growth. The global economy grew by three percent and the consumer demand is catching up as the world trade recorded 10 percent growth. The emerging economies will drive the world economic growth and Sri ... 7/30/2010 6:32:08 PM more |
| FDIs to enter State service |
| The global business dynamics compels businesses in Sri Lanka to continuously re-imagine the challenges to survive and re-create the business model. Speaking at the CIMA 2010 Business Leaders Summit at Cinnamon Grand Hotel, Board of Investment ... 7/30/2010 6:31:06 PM more |
| JKH posts Rs 1.53 b profit in Q1 |
| John Keells Holdings PLC recorded a profit before tax (PBT) of Rs 1.53 billion for the first quarter ended June 30, 2010. This reflects an increase of 60 percent compared to the Rs 959 million in the corresponding period in the previous year. The ... 7/30/2010 6:30:31 PM more |
| Indian investments to boost Lankan economy |
| Sri Lanka could benefit from massive outward remittances from India to boost the investment level, said Indian High Commissioner in Sri Lanka Ashok K Kantha. India and Sri Lanka will further improve on its closer economic partnership with the ... 7/21/2010 2:16:30 PM more |
| Etisalat expands with US $ 163 m project |
| Etisalat Lanka has initiated a massive network expansion program and this will cover 480 new 2G sites. The project commenced on a cost of US$ 163 million over the period of the next six months, making it one of the largest and most significant ... 7/21/2010 2:15:25 PM more |
| Freight forwarders could benefit from self-regulation |
| The freight forwarding industry could grow to greater heights with self-regulations. Any regulation imposed should be on purpose and not to the whims and fancies of a party with vested interests. We must work hand in hand with the Government ... 6/30/2010 5:33:10 PM more |
| Wilpattu to be major tourist attraction |
| The Wilpattu National Park, one of the most beautiful and the largest park in Sri Lanka would certainly be a key attraction and an income earner. Thus, under the instructions of Economic Development Minister Basil Rajapaksa plans are ... 6/30/2010 5:20:22 PM more |
| Source : NEWS LK |