Vehicle imports rise sharply
Vehicle imports have increased by around 65
percent during the first five months this year compared to the
corresponding period last year, said Chairman Ceylon Motor Traders
Association (CMTA), Tilak Gunasekera.
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High margin service industries, base of future growth
The growth of the country will come from high
margin service industries as opposed to labour intensive, low value
added manufacturing industries. According to Chief Operating Officer
and Senior Vice President – Capital Markets IIFL Ceylon Sherman
Gunatillake there will be a shift in industries from where growth
will come.
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Revised CCPI less sensitive to food prices
The Department of Census and Statistics (DCS)
last week updated the base period of the Colombo Consumer Price
Index (CCPI) the official consumer price index to 2006/07. It was
based on 2002.
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2011, record year for IPOs
2011 is a record year for Initial Public
Offerings(IPOs) with seven upto now and many more in the pipeline,
said Director Bartleet Mallory Stock Brokers Anjelo Ranasinghe.
Speaking on ‘IPO’s in the current Sri Lankan Economy’,
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