Long term fuel conservation vital for economic growth -
Jaliya Medagama
The lack of a sustainable energy policy, poor
macro-economic planning and financial mismanagement have resulted in
the Ceylon Petroleum Corporation incurring massive losses annually,
said former CPC Chairman Jaliya Medagama.
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Tea industry targets Rs. 100 b - SLTB chief
The tea industry must achieve a net income of Rs.
100 billion in the next few years, increase its value added exports
to 65 percent and reduce exports in bulk form, said Sri Lanka Tea
Board Chairman Lalith Hettiarachchi.
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$ 500 m Bond issue will strengthen rupee - CB Governor
The rupee depreciated 4.9% during this year
against the dollar and the main reason for the depreciation is the
floating exchange rate regime which came into force in the country
since 2001, said the Governor of the Central Bank Ajith Nivard
Cabraal.
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