Vehicle Importers Association warns:
Indiscriminate import of vehicles harming economy
India produces vehicles in keeping with the needs
of the country and the purchasing power of consumers. The
indiscriminate import of Indian vehicles and sub-standard
commodities affects the economy and environment, Chairman, Vehicle
Importers Association of Sri Lanka (VIASL), Mahinda Sarathchandra
told Sunday Observer Business.
Sustaining agriculture, an uphill task
Sri Lanka’s agricultural sector is in dire
straits due to the lack of new technology and innovation to
spearhead growth and attract the younger generation to the sector,
University dons told a workshop on ‘Commercialisation of Innovation
in Agriculture’ organised by the National Chamber of Commerce of Sri
Lanka last week.
New rice brand for the health-conscious
Grains ‘n’ Green (Pvt) Ltd, a company headed by
businessman Roshan Perera has ventured into agriculture with an
investment of Rs. 150 million. The company has introduced a new
brand of rice Akshata, which caters to fast-growing health-conscious
consumers who wish to change their eating habits.
Call for wage hike in estate sector:
Plantation companies propose productivity-based increase
Regional Plantation Companies (RPCs) which shot
down the claim for higher wages for workers by Trade Unions (TUs)
have proposed a productivity-based wage increase to boost output per
worker and enhance export volume.
SEC will come down hard on non-compliance - Chairman
The capital market is considered a vital conduit
for long-term fund mobilisation and a key driver of economic growth.
As the capital market regulator, our focus is to facilitate a fair,
efficient, orderly and transparent market, in which issuers can
raise funds with adequate safeguards to protect investors, Chairman,
Securities and Exchange Commission of Sri Lanka (SEC),