Pineapples, a viable export production

Sri Lankas' pineapples are among the best in the world and has a high commercial value although it is not supported and promoted adequately in the country, a research conducted by LIRNEasia revealed. According to experts Sri Lanka produces some of the finest pineapples in the world which has a huge potential for a major export market.

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Lubricant industry poised for take off

The lubricant industry, a vital cog in the country’s economy is recovering from a lull that hampered the growth prospects of the sector according to industry experts. The high vehicle import taxes, natural disasters and proliferation of substandard lubricants had severely stifled growth in the industry.

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Axis Bank launched in Sri Lanka

Axis Bank sees a lot potential in Sri Lanka for trade and cross border flows said Axis Bank of India Chairman, Dr. Adarsh Kishore. He was addressing a ceremony to launch the bank in Sri Lanka on Friday. He said Axis Bank wants to add a new dimension to investment banking in Sri Lanka and added that it is not in Sri Lanka to compete and cut into the territory of other banks.

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Sri Lanka poised to exceed MDGs by 2015

Sri Lanka is well poised to meet and exceed the Millennium Development Goals (MDGs) before 2015, said Executive Director Institute of Policy Studies, Sri Lanka Dr. Saman Kelegama. He was addressing the policy Dialogue ‘From Poverty to Sustainability-putting people,

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Step up exports to regional countries - Dr. Koshy Mathai

Sri Lanka should explore regional markets to increase its exports under the present global scenario where the recovery in consumer demand in the traditional markets in the US and EU is slow, said resident representative of the IMF Dr. Koshy Mathai. At the opening of the 2011,

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Joint action vital to combat cyber crime

Joint action is needed to combat against cyber crime. A concerted effort can build an appropriate safeguard against cyber crime, said ICT Agency of Sri Lanka (ICTA) CEO Reshan Dewapura. Delivering the keynote address at the fourth annual national conference organised by the Sri Lanka Computer Emergency Readiness Team (Sri Lanka CERT),

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HSBC’s Virtual Account to help banking sector

Sri Lanka is heavily over banked considering the geography and population of the country, said HSBC CEO for Sri Lanka and Maldives, Nick A Nicolaou. He was addressing the media on the launch of Virtual Account, an innovative receivable solution for the banking sector.

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