Opportunities in Israel for skilled labour
This is the best time to strengthen trade,
investment and friendly relations between Sri Lanka and Israel
because there are many opportunities in diverse sectors that both
countries could benefit from, said Sri Lankan Ambassador to Israel,
Sarath Wijesinghe.
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Economic summit to assess Lanka's export potential
The 14th annual Sri Lanka Economic Summit to be
held from July 9-11 in Colombo will discuss Sri Lanka’s export
strategy in one of its sessions. The Government policy framework has
targeted to raise the rate of growth in exports to double that of
GDP growth, but exports as a percentage of GDP in 2012 was half of
what it was in 2000.
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Global remittances rise
The number of migrant workers and their
remittances globally have increased sharply over the past 15 years,
the Global Forum on Remittances (GFR) held in Thailand recently
revealed. It stated that for the majority of developing economies in
Asia and the Pacific remittances are the single largest financial
inflow,
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Laugfs revenue surpasses Rs. 10 b
Laugfs Gas PLC and its subsidiaries in a Stock
Exchange filing of the un-audited financial statements for the
fourth quarter ended March 31, 2013, indicated record performance
with Group revenue for the year under review reaching Rs. 10.6
billion.
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Expolanka Holdings records 41% growth
Expolanka Group reached an annual turnover of 50
billion for the first time, recording a 41% year-on-year growth
propelled by a 64% growth in the Freight and Logistics sector.
Expolanka Holdings PLC sustained its consolidated NPAT for the FY
2012/13 at Rs. 1.28 billion,
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Hayleys Fibre posts Rs 30.7 m PBT
Hayleys Fibre PLC, formerly known as Hayleys
Exports, a global player in the natural fibre products market,
recorded a commendable performance in the financial year 2012/2013.
Despite a drop in turnover to Rs. 487 million during the year from
Rs. 595 million in the previous financial year,
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