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Focus on Asian countries:
Golden opportunity to expand exports
The country has a golden opportunity to expand
the export sector mainly to the Asian region and there are a number
of countries which we could further increase our exports, said
Chairman and CEO, Sri Lanka Export Development Board Anil Koswatte
at the 12th Annual General Meeting of the Exporters’ Association of
Sri Lanka in Colombo.
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DFCC bank PAT increases
For the three months ended June 30 :
The DFCC Bank’s own non-audited Profit After Tax
(PAT)for the three months ended June 30, 2009 was Rs468 million and
it was an increase of 35 percent over the comparable period said
press release issued by the bank.
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KVPL wipes off 1Q losses in 2Q ‘09
Continuous development of agricultural base and
other assets helps sustain business:
Kelani Valley Plantations PLC (KVPL) has reduced
its first quarter net loss of Rs. 46.6 million to a nominal loss of
Rs. 5.3 million for the six months ending June 30, 2009.
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New Electricity Act being implemented
Sector players should comply with provisions:
Ramani Kangaraarachchi
The new Electricity Act approved by Parliament
is being implemented and all electricity sector players should
follow the provisions under the Act as the Government wants
electricity to be provided to all citizens of Sri Lanka at an
affordable price with a high degree of reliability, said Minister of
Power and Energy W.D.J. Seneviratne.
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