PM's economic policy receives mixed reviews
Combining EPF and ETF could lead to mismanagement
warn experts:
Prime Minister, Ranil Wickramasinghe's speech in
Parliament on economic policy on Thursday makes some of right noises
that will go down well with international lenders and the business
community. Business leaders, Chambers, economists and bankers too
echoed this sentiment.
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Restructuring CPC: Trade union submits proposals
While the government is considering the
restructuring of the Ceylon Petroleum Corporation (CPC) to make the
entity a profitable venture, CPC trade unions have submitted
proposals for the new Budget to take the State entity out of its
financial mess.
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Coherent policies needed to attract FDIs - ICCSL
Investment policies in Sri Lanka have to be
further restructured to attract more Foreign Direct Investment (FDIs),
Chairman, International Chamber of Commerce of Sri Lanka (ICCSL),
Keerthi Gunawardane told,
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Austrian Airlines launches flights to Sri Lanka
The inaugural flight Boeing 767 of Austrian
Airlines, the flagship carrier of Austria touched down at
Bandaranaike International Airport on October 28, 2015. After a
lapse of almost eight years,
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Overseas Realty records Rs. 2.2 b group net profit
Overseas Realty (Ceylon) PLC recorded a Group
Net profit of Rs. 2.2 billion for the nine months ended September
30, 2015, a decrease of 12% over the corresponding period of 2014.
The Group recorded a revenue of Rs. 2.4 bn which was a decrease of
49% over the corresponding period of last year,
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