Lanka’s anti-money laundering laws on par with
international law :
Authorities lack proper tools
Sri Lanka’s anti-money laundering laws are on par
with international law and the only issue is that the compliance
officers do not have proper tools and systems to implement them,
said SunGard Vice President, Compliance and Financial Crime
Solutions Colin Day.
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Processed food industry records steady growth
Investments in the processed food sector has
been increased to Rs. 53 billion since 2002 with the high demand for
processed foods in the market.
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South European investors eyeing Lanka
Greek companies are keen to invest in Sri Lanka
and other Asian countries said President of the Chamber of Commerce
and Industry of Drama Greece Kyriakos M. Charakidis.
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Resilience in diversity makes SLT profits rise
The SLT Group has achieved a 31 per cent growth
in Net Profit after Taxation (NPAT) of Rs. 7,367 million in 2008
when compared to Rs. 5,640 million of the previous year.
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