Infrastructure development:
Corporate and Banking sector to play major role
Sri Lanka's Road Development Authority (RDA) can
bring the Southern Expressway to the market and raise funds for the
construction of another expressway, said Director, Global
Infrastructure and Project Finance of Fitch Ratings New York,
Cynthia Howells.
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JIFT to build trade links
The fourth Jaffna International Trade Fair 2013
(JIFT) will be held from January 18 to 20 next year at the Alfred
Durayappah Stadium, Jaffna. Over 300 companies will take part with
more than 400 local and international stalls.
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India, a leading source market - TDA report
The tourism industry in Sri Lanka is booming
with a marked increase in tourist arrivals, the annual report of the
Sri Lanka Tourism Development Authority - 2011 stated. According to
the report, tourist arrivals reached the 855,975 mark and it is the
highest recorded in a year.
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Regional disparity narrows - CB
Regional disparity in economic development is
narrowing with the increase of regional economic growth, the Central
Bank stated last week. Provincial GDP data released by the
Statistics Department of the CB revealed that the Northern province
recorded the highest nominal 27.1 percent growth rate,
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Imports, credit growth curtailed, external sector strengthened -
Central Bank
Policy measures implemented in February and
March this year, aimed at reducing the high import growth and the
high credit expansion are yielding expected results, the Central
Bank (CB) stated in its monetary policy review last week.
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Top Lankan CEOs become bullish, post Indo-Lanka meet
The Sri Lankan business community and CEOs are
now upbeat on the dawning new business prospects following the high
level Indian trade push on Sri Lanka. Fresh initiatives by the high
level Indian business delegation to Sri Lanka led by Anand Sharma,
the Indian Minister of Commerce,
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