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Sunday, 21 June 2009

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Outlook for tea industry bright

The tea industry outlook for 2009 is bright and country can expect over 300 billion kg production and over $ 1 billion revenue this year, Chairman Sri Lanka Tea Board (SLTB) Lalith Hettiarachchi said.

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Accelerated development with war end

Asian Development Bank (ADB), one of Sri Lanka’s key development partners while welcoming the end of the war said that it has paved the way for an accelerated development program that would help boost the economy.

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Ratings help to restore market confidence

Ratings can help in a large way to restore market confidence, as it will create investor confidence, said CEO RAM Ratings (Lanka) Ltd Adrian Perera. He said that since a rating is given by a third party it is an independent opinion and therefore the correct information about the company is given to the market as well as to investors.

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