Post-war growth momentum to continue in 2012 - former DG, SEC
Sri Lanka has every reason to perform well in
2012. Our growth momentum will continue next year. Economically-able
countries such as China, Russia and many more have intensified their
interest in Sri Lanka, said former Securities and Exchange Commision
of Sri Lanka,
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2012 Budget focuses on infrastructure growth - Verité Research
In 2010, overall consumption as a percentage of
GDP decreased from 82.1 percent in 2009 to 81.3 percent in 2010. The
Government consumption as a percentage of GDP had decreased from
17.6 percent to 15.6 percent. This was a departure from the trend
followed in the past years, where Government consumption had
generally increased , a report by Verité Research on the 2012 Budget
stated.
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Tourist arrivals to exceed 950,000 next year
Sri Lanka is geared to attract over 950,000
tourists to the country next year given the infrastructure
facilities and prestige in the global travel map, said a top
official of Sri Lanka Tourism. Sri Lanka Tourism welcomed the
800,000th visitor last week
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Two Indian locomotives to reach Lankan shores early next year
The CGR will receive two M8 locomotives by March
next year to improve cargo transportation CGR General Manager B.A.T
Ariyarathne said. The two Indian locomotives which are currently
being manufactured will reach the island early next year. The CGR
will use them to improve cargo transportation and to increase
revenue,
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Toyota to boost production by 20 percent
Toyota is set to lose its position as the
world’s biggest carmaker to General Motors due to loss of
production. Toyota has said it plans to increase production by 20
percent next year as it is trying to recover lost ground due to the
March earthquake in Japan and the recent floods in Thailand.
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