Jaffna, a vibrant economic hub
The economy and lifestyle of the people in Jaffna
have improved tremendously following new investments and business
ventures launched in the region, said Jaffna Chamber of Commerce and
Industries, President, K. Poornachandran.
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Tourism industry needs to focus on training
There are substantial investments being made in
the tourism sector and an ambitious far reaching plan is necessary
to move forward. “As Sri Lanka has invested heavily to develop the
tourism industry we need to assess these investments carefully to
ensure that quality service delivery is in place.
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Asia to record the best economic growth
Shifting demographic patterns, the rapid pace of
technological advancement, shift to knowledge-based economies and
increasing pressures for innovation, productivity and
cost-containment will set the pace for work in the next five years,
said Commercial Bank, Chairman, Dinesh Weerakkody at the CIMA
Business Brief on Emerging Work Force Challenges for Sri Lankan
Business.
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CSE debt listings raise Rs 20 b in 2013
The Colombo Stock Exchange (CSE) has compiled an
Issuer Relations Guide titled 'Listing on the Colombo Stock Exchange
– A mark of distinction', to promote new listings. The CSE intends
to increase awareness of potential issuers and the public through
this guide.
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NSB launches Salli Salli
The National Savings Bank (NSB) launched its
latest promotional program Salli Salli in Colombo last week. General
Manager and Chief Executive Officer of NSB, H.M. Hennayake said that
the Salli Salli promotional program depicts that the NSB had the
well-being of customers in mind. All prizes will be in cash.
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Nation Lanka Finance assigned new credit rating
Nation Lanka Finance (NLF) which passed its Rs. 5
billion assets mark recently, was assigned a new credit rating by
the Investment Information Credit Rating Agency Ltd (ICRA) at an
event at the Galadari last week.
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Malwatte Valley records all time high prices
Malwatte Valley reported singular 1Q and 2Q
profits for 2013. Despite an era of gloom in the industry, Malwatte
Valley boasts of having achieved the highest profit in the industry.
During the Quarter April–June 2013 with a inflexible wage hike
imposed on the industry in addition to escalation in costs of power,
fertiliser and climate change took a heavy toll of the industry.
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