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Council calls for govt. intervention on a slew of issues, says production can increase by 50%, plans to launch pepper brand By Uditha Jayasinghe The spice industry yesterday urged the government to resolve a slew of issues to increase productivity and promote the sector. Spice Council Chairman Sarada de Silva making his address at the ...
- Sri Lanka asks exporters to push product quality (Category: Business)
- Spices can be a main sector of Sri Lanka economy: President (Category: Breaking News)
- Sri Lanka unleashes Pure Ceylon Cinnamon brand to international markets (Category: Business)
- Government pledges support for spice industry revival (Category: Breaking News)
Haycarb PLC has reported revenue growth of 21 per cent to Rs 3.8 billion for the six months ending 30 September 2011, with stable demand in global markets and the company’s reliable supply stream of high quality carbons with a product mix of value-added carbons protecting its top line in a period of narrowing margins. ...
- Haycarb expands activated carbon biz with Thailand JV buying new unit for Rs. 500 m (Category: Business)
- Haycarb’s 9 month sales Rs 5.9 billion, PBT Rs. 535 million (Category: Business)
- Haycarb posts 1Q net profit of Rs. 217 m (Category: Business)
- Haycarb records Rs. 8.5 b sales (Category: Business)
By Devin Jayasundera The Sri Lanka Medical Association (SLMA) in celebrating its 125th anniversary announced the launch of the SLMA 2012 International Conference and Exhibitions to professionals in the medical field and the media on 4 October. The theme of this year’s conference will be ‘Global Forum for Sri Lankan Doctors’. The SLMA, which is ...
- SLMA to celebrate 125th anniversary in 2012 with exhibition (Category: Business)
- Series of events to mark Sri Lanka Medical Association’s 125th anniversary (Category: Business)
- SLMA sends letter to MR (Category: Breaking News)
A reader of My View on popular fallacies of currency appreciation published in the previous few weeks has directed a series of questions to me. What is Central Bank’s mandate? Should it just target to stabilise the domestic prices? Or should it try to maintain stability in the exchange rate? Or should it work for ...
- Inflation – Public Enemy Number One (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Appreciating the exchange rate to create prosperity (Category: Business)
The Maldivian administration’s key economic strategy is to engage the private sector and enable the diversification of the economy for sustainable development, said Mahmood Razee, Minister of Economic Development in the Republic of Maldives who was in the country to attend the fourth Annual General Meeting of the Sri Lanka-Maldives Bilateral Business Council recently. ...
- Maldives Hotel Asia 2012 from 10 to 12 Sept. (Category: Business)
- Budding Business (Category: Business)
- Seminar on bilateral trade between Maldives and Sri Lanka (Category: Business)
- Lankan businesses asked to invest in Maldives (Category: Breaking News)
Reuters: Sri Lanka’s stock market narrowly edged up on Monday from a seven-week low, ending four straight falls as investors snapped up battered shares though a liquidity shortage and global worries cooled sentiments, dealers said. The island nation’s main share index closed 0.02 per cent or 1.42 points up at 6,736.02, from the lowest since ...
- Stock market at two-week low; block deals boost activity (Category: Business)
- Stock market at 11-week low despite foreign inflows (Category: Business)
- Kenya tea exports up 10% in first quarter (Category: Business)
- Stocks slip on profit-taking ahead of SEC ruling (Category: Business)
Reuters: Sri Lanka’s stock market fell for a third session to a more-than six-week low on Thursday, following Asian peers on a gloomy global economic outlook, a local liquidity shortage and forced selling to meet margin debt reductions. The island nation’s main share index closed 0.45 per cent or 30.50 points weaker at 6,762.38, its ...
- Controlling shareholder CFLB buys 12% more of Colonial Motors for Rs. 319 m (Category: Business)
- Bottomed Out or SEC change talk? Market opens week on the up (Category: Business)
- Royal Ceramics’ 2Q shines with half a billion pre-tax profit (Category: Business)
- Stock market up ahead of Budget; rupee weaker (Category: Business)
Large parcels of The Finance Co. traded, foreign investors net buyers after 12 sessions The bourse continued its downward trend yesterday where broad levels of selling were displayed on stocks but foreign buying returned to after an absence of a dozen sessions. ASI decreased by 35.69 points (-0.52%YoY) to close at 6,792.88 where as sensitive ...
- Foreigners step up buying in a market full of local blood (Category: Business)
- EPF ups stake in Vallibel One to 2% (Category: Business)
- Bourse blues persist (Category: Business)
- Decline in net foreign outflows from CSE this year (Category: Breaking News)
Retail selling push stocks near two-week lows Foreign investors net sellers of Rs. 339.9 m Rupee flat despite heavy importer dollar demand Reuters: Sri Lanka’s stock market fell near a two-week low on Tuesday on high turnover and volume as retail investors sold amid a credit shortage while institutional investors stayed cautious in line with ...
- Stock market up ahead of Budget; rupee weaker (Category: Business)
- Colombo bourse slide on credit; rupee flat (Category: Business)
- Rupee on a yo-yo! (Category: Business)
- Shares at 22-month low on SEC rule, economic woes (Category: Business)
Last week, media were abuzz with two reports on how undesired exchange rate movements could worry governments. One was a currency under pressure for appreciation in the market and the other was a currency moving in the opposite. Swiss Franc: One way Journey to Appreciation The first was the case of the Swiss Franc which ...
- Six popular fallacies of currency appreciation – Part 2 (Category: Business)
- Swiss central bank intervention fails to stem franc’s rise (Category: Business)
- External value of the rupee: Market driven or Central Bank driven? (Category: Business)
- Rupee sinks to record low (Category: Business)
By Devin Jayasundera A top Finance Ministry official last week declared that the country’s import sector has bright opportunities on to the future in tandem with fast growing economy and per capita income of the people. Delivering the keynote address at the Ceylon Chamber Import Section Annual General Meeting the Ministry of Finance and Planning ...
- The Economic Impact of Exchange Controls (Category: Business)
- Mixed bag for Lankan exports (Category: Business)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
United National Party Parliamentarian Kabir Hashim who once served as a mediator between the two fractions now says it is the responsibility of the three leaders to take the party cadre out of the mess they themselves created. Hashim asserts that leaders should be able to resolve the leadership crisis amongst themselves without pushing the ...
- Ranil Asks For Leadership For Another Year (Category: Breaking News)
- Karu Defends UNP’s No Ball (Category: Breaking News)
- For A Public Dialogue With UNP As “Twenty-Eleven” Rolls Out (Category: Breaking News)
- He Who Dares Wins (Category: Breaking News)
A queue of a different type Last Sunday when the sun was shining hot and bright in the western sky, thousands of youth — almost all were boys — had assembled themselves with backpacks still hanging on their backs, along the wrought iron fence of a park in Colombo ready for an overnight stay there. ...
- Appreciating the exchange rate to create prosperity (Category: Business)
- Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age (Category: Breaking News)
- Appreciating exchange rates: Not a boon always (Category: Business)
- The GDP Per Capita in the Central Bank Annual Report for 2011 (Category: Business)
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