Minimum rate to generate more revenue for City hotels
City hotels would be able to generate additional
revenue of 30 per cent with the introduction of the minimum room
rate system. The hoteliers expect to generate US$ 9 million annually
with the implementation of this system.
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Dambulla market's daily trade tops Rs 500 million
Trading at the Dedicated Economic Centre in
Dambulla has increased with 'per day trading' increasing to over Rs.
500 million. The latest trend in the market is that containers
direct from the Port are now coming to the Centre to unload their
cargo.
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Lanka IOC shares increase with oil price hike
Lanka IOC had one share crossing and its share
price increased by one rupee at the Colombo Stock Exchange with the
oil price hike yesterday, its Senior Vice President - Finance K. B.
Jambekar said.
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