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- www.ft.lk - Category : Business - Relavancy : 0.07648762

 Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...

- www.ft.lk - Category : Business - Relavancy : 0.13385335

Point of view By a market participant The investors were compelled to wait nearly 17 years to reap the benefit of a real bull run in 2009 after the elimination of the LTTE terrorism and how the SEC destroyed it within a one-and-a-half year period due to ill conceived, irresponsible decisions is well known and ...

- www.ft.lk - Category : Business - Relavancy : 0.09936033

By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...

- www.ft.lk - Category : Business - Relavancy : 3.5476334

The Employees’ Provident Fund (EPF) yesterday categorically rejected the statement allegedly made by an Opposition Member of Parliament as reported in several news papers on 15 May 2012, where the EPF has been accused of fraudulent transactions in the stock market. "Such statement, read

- www.ft.lk - Category : Business - Relavancy : 0.047804765

Parliamentary accountability The Parliament, as the country’s foremost representative institution, has the sole authority over national resources and financial allocations and concurrently has a prominent role to play in fiscal responsibility, the budgetary process, economic development and effective transparent economic and financial management, with a view to assuring sustainable growth an...

- www.ft.lk - Category : Business - Relavancy : 0.15297525

The entry in to Sri Lanka by Malaysia’s sovereign wealth fund Khazanah Nasional Berhad via John Keells Holdings (JKH) is being hailed as a all round boost for the country, the Colombo stock market as well as the premier blue chip. JKH which has many first to its credit is also the first stock on ...

- www.ft.lk - Category : Business - Relavancy : 0.07648762

To focus on skills development, trade, investment, sustainable development and business excellence to sustain GDP growth rate of 8%Following is the address delivered by National Chamber of Commerce of Sri Lanka President Asoka Hettigoda at the NCCSL’s 53rd Annual General Meeting Ayubowan, good evening. Let me extend a warm welcome to all of you to ...

- www.ft.lk - Category : Business - Relavancy : 0.38243812

A business leader present at yesterday’s unveiling of 2012 and beyond roadmap by the Central Bank remarked that it was a “height of optimism.” A tourism industry representative quipped Governor Cabraal’s statement that 197 hotel projects are in the pipeline wasn't true whilst a capital market player said that Central Bank Chief mischievously gave a ...

- www.ft.lk - Category : Business - Relavancy : 0.15297525

To better harness the post-war rebound in tourism, The Lighthouse Hotel is to add more rooms. The Company’s Board of Directors last week resolved to expand the hotel by the construction of 15-20 new rooms, a new restaurant, and a new bar with an extension to the spa under the expansion plan of the Company ...

- www.ft.lk - Category : Business - Relavancy : 0.15297525

By Ian The President in his speech at the opening of the Southern Expressway said that this could be the beginning of building a modern society. He also mentioned that had there been such an expressway linking the north with the south the extremists would not have succeeded in capitalising on the mistrust among communities. ...

- www.ft.lk - Category : Business - Relavancy : 0.16225475

Marque fund manager and investor Asanga Seneviratne structures deal; Galadari Brothers part sell stake as part of settlement of cases in UAEThe buying of a 16% stake in Galadari Hotel (Lanka) Plc by the Dubai Government for Rs. 1.18 billion yesterday is expected to throw open the city five star as an attractive investment in ...

- www.ft.lk - Category : Business - Relavancy : 4.1389055

The adage ‘there is no smoke without fire’ appears to be a perfect fit to Monday’s mega deal of EPF buying an 8% stake in Laugfs Holdings Plc for Rs. 1.6 billion, given its timing and the price paid. The Employees Provident Fund (EPF), which is heading towards a fund base of Rs. 1

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