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DateLine Monday, 2 March 2009

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Business

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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Female workers at food processing factory



 
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