Business community optimistic of better growth in 2014
The business community expressed mixed views on
economic activity in 2013 and projections for the new year which
would be another challenging year as many countries are yet
grappling with the global financial crisis.
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Fitch affirms Distilleries at 'AAA(lka)'
Fitch Ratings has affirmed Distilleries Company
of Sri Lanka PLC's (DIST) National Long-Term Rating at ‘AAA(lka)’
and stable outlook. DIST's strengths are reflected in a high
Earnings Before Interest, Taxes, Depreciation and Amortization
(EBITDA) margin of over 30%,
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ICTA to amend eGoverment policy
The ICT Agency of Sri Lanka (ICTA) has decided
to amend the eGovernment policy. The first eGovernment policy 'The
ICT Policy and Procedures for Government' was initially approved by
the Cabinet of Ministers in December, 2009.
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Lanka, a good investment destination – Japanese Special Envoy
Sri Lanka’s third largest global financier
envisions the country to be a good investment destination. “As you
recover and restore a country which is now peaceful and united, we
are on your side. Lanka provides a good investment environment for
Japanese,”
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