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DateLine Sunday, 16 March 2008

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SAFTA to boost stronger economic growth in the region

The South Asian Free Trade Agreement (SAFTA) will contribute to stronger economic growth in the region. While some sectors will gain and some sectors will lose in each country the net effect on economic output is positive.

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Business chambers welcome Special Consumer Court

Move to protect consumer rights:

The business chambers while welcoming the government’s move to set up the Special Consumer Court to safeguard the rights of consumers’ said that the court should act independently and impartially.

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WB seeks feedback for new CAS

SRI LANKA has everything for economic prosperity but the country has not exploited the real potential, World Bank Country Director Naoko Ishii told a meeting of journalists last week. Sri Lanka has a good potential and despite a quarter century of civil conflict, GDP growth has averaged 4.9% during the period.

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