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Ten-fold approach to maintain sustainability:
‘Market regulations to boost investor-confidence’
A joint effort will be taken to develop the
capital market, with the implementation of a three-year roadmap to
enable the Colombo Stock Exchange(CSE) to become vibrant and robust
in the long run. In keeping with the ambitious growth plan, the
capital market will be developed through a ten-fold approach to
maintain sustainability and attract local and foreign investors.
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Ugandan President invites local investors to Uganda
The President of the Republic of Uganda Yoweri
Kaguta Musaweni invited Sri Lankan investors to exploit the huge
opportunities in a range of sectors in Uganda. President Musaweni
was on an official visit to Sri Lanka with a high level business
delegation. He met the Sri Lankan business community at a meeting
organised by Sri Lanka Export Development Board (EDB).
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Localised Budget to reach economic targets
The holistic view taken to address the entire
spectrum of the economy is the highlight of the Budget, a business
community leader said. “This is an advanced Budget created with the
joint effort of the public and private sectors. The consultation
process began from the inception and the proposals made by the
Chambers,
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Agri project in Valaichchenai
The National Paper Company Limited jointly with
Brio Agro (Pvt) Limited launched a new agriculture project at its
paper mill premises in Valaichchenai in Batticaloa. Competent
Authority, Mangala Senerath said that the project will diversify the
business of the company and put to better use the huge resources of
the company which was abandoned for over three decades.
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Ramco invests Rs.1.1 b on factory
Sri Ramco Lanka, a leader in fibre cement
roofing sheet industry has invested Rs.1.1 b on a state-of-the-art
factory in the Matugama Industrial Park, Ramco Industries Limited
CEO, Prem Shanker said. He said that there is a big demand for fibre
cement roofing sheets in the local and international market.
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