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Industry calls for higher productivity, new market development to ride out uncertainties Tea industry stakeholders say the industry needs to urgently improve productivity and generate new markets, as volatility in major Middle Eastern markets continue to dampen tea export earnings. While there is strong demand for tea in global markets, price increases for Ceylon ...
- Local tea industry in a fix (Category: Business)
- Tea smallholders raise sustainability concerns (Category: Business)
- Closing on $ 5 b tea exports by 2020 doubtful: Industry (Category: Business)
- MJF rings alarm bell on future of tea industry (Category: Business)
Tyranny of the international capital markets Dr. Indrajit Coomaraswamy, ex-Central Banker and International Civil Servant, did not mince words when he addressed the country’s exporters last week. The veteran economist, having made an assessment of the risks associated with Sri Lanka’s external sector crisis, warned that the country will have to grapple with “the tyranny ...
- High costs of poor performance or high returns of sound management (Category: Business)
- Appreciating exchange rates: Not a boon always (Category: Business)
- Flexible exchange rates and impact on exporters (Category: Business)
- No more IMF loan for Sri Lanka (Category: Breaking News)
SINGAPORE (AFP): Oil prices rose in Asian trade on Monday as worries over supply disruptions in Nigeria outweighed concerns over the mass debt downgrade of eurozone nations, analysts said. New York’s main contract, West Texas Intermediate crude for delivery in February, gained three cents to $98.73 in morning trade. Brent North Sea crude for February ...
- Sri Lanka suffering huge loss after replacing Iranian oil with Arabian crude (Category: Business)
- Kuwait resumes full crude supply to Asia (Category: Business)
- Sri Lanka’s Iran crude imports may drop up to 20% (Category: Business)
- Reuters says Lanka has most reasons to worry about Iran oil (Category: Breaking News)
Expects 2012 to continue 2011 success despite anticipating slow year By Cheranka Mendis Kia Motors is geared to embrace a phenomenal year in 2012, riding high on the extraordinary success of 2011. Launching the final model that was to be introduced to the local market in 2011, the all new fourth generation Kia Rio, Kia ...
- KIA Motors to invest Rs. 1 b on service facilities (Category: Business)
- KIA To Drive Royal Rugby As Sole Team Sponsor Of 1st XV (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (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)
UNP Leader Ranil Wickremesinghe called Co Deputy Leader Sajith Premadasa for a discussion last week. The meeting between the two was held last Monday afternoon at the parliamentary complex. Wickremesinghe has discussed the appointments of the National Organiser and the new Working Committee scheduled to take place this week. The party’s consultative committee is to ...
- Sajith Threatens To Quit (Category: Breaking News)
- Cosmetic Changes At UNP (Category: Breaking News)
- Karu Defends UNP’s No Ball (Category: Breaking News)
- UNPers Gear To Bring Sajith To The Helm (Category: Breaking News)
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