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DateLine Friday, 23 February 2007

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News: Govt targets US$ 1 b tourism revenue ...           Political: COPE findings will be fully probed - Media Minister ...          Financial: Wide acceptance for the new Companies Act ...          Sports: Confident Thurstanites out to break 15-year hoodoo ....

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INVESTMENT
 Minister of Enterprise Development and Investment Promotion Dr. Sarath Amunugama held discussions with a foreign delegation at the Ministry of Enterprise Development and Investment Promotion regarding the investment opportunities in Sri Lanka. Dr. Amunugama, CEO - Oberoi Group Of Companies UAE Inder Oberoi, CEO Royal Group Of Company Thomas Saje.

Wide acceptance for the new Companies Act

Greater accountability demanded of Governing Boards; shareholders' rights strengthened :

A new Companies Act shortly to come into force constitutes a bold reformation of the country's present Companies Act. The new Companies Act specifies the demanding responsibilities and proportionate accountability imposed on Directors in the governance of their companies.

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Corporates in crude palm oil venture

A joint venture crude palm oil mill set up by Agalawatte Plantations Ltd. Elpitiya Plantations Ltd, and Namunukula Plantations Ltd., under AEN Palm Oil Processing (Pvt) Ltd. commenced commercial production recently.

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Blueprint for Chillies 2007 to be upgraded

The Chillies 2007 Steering Committee met with Advertising Agency Heads at the Colombo Swimming Club, last week. The Steering Committee and nineteen Agency Heads and their nominees discussed proposed amendments to the Blueprint of the Sri Lanka Advertising Awards.

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Security Forces victory in the East key to protecting the North

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