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Sunday, 10 July 2011

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Relax exchange control - Construction firms

Stiff exchange control procedures inhibit construction companies to compete and secure overseas bids, said Chairman Hydro Power International (Pvt) Ltd., and former Senior Lecturer, Faculty of Engineering, University of Moratuwa, Dr. Nishantha Nanayakkara.

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SEC, CSE must correct anomalies in system - Ex chairman, CNCI

To create a win-win situation and ensure that stakeholders benefit from the capital market the SEC and the CSE would take steps to correct the anomalies and bad practices prevalent in the system, said former Chairman, Ceylon National Chamber of Industries K.C. Vignarajah.

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Universities should increase research

Sri Lankan universities should research to increase our high tech products’ share in exports as it is only around 1.5 percent of our total exports, said Minister of Higher Education S.B. Dissanayake. The minister was addressing the Sri Lanka Economic Summit 2011 organised by the Ceylon Chamber of Commerce (CCC) in Colombo, last week.

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