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Wednesday, 30 September 2009

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Seize opportunity, Sri Lankan entrepreneurs told:

Huge potential to set up manufacturing factories in UAE

Sri Lankan entrepreneurs can take their companies beyond Sri Lanka’s shores since there is a huge potential to set up new manufacturing factories and branches in the United Arab Emirates (UAE). Sri Lankan entrepreneurs have to meet the required standards and maintain the quality of their products.

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CPEP to boost shipping industry:

Colombo Port records highest cargo throughput in 2008

The Colombo Port recorded the highest ever annual cargo throughput in its history during 2008. According to the Performance Report 2008 of the Ports and Aviation Ministry, the total cargo tonnage handled at the Colombo Port during 2008 was 30,923,831 tons (including containerised cargo), an increase of 6.7 percent compared to 28,984,807 tons of total cargo tonnage handled in 2007.

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Rehabilitation of sick businesses need systematic approach - CEO MBSL

Sick business can be defined as business units which perform poorly against expected results, incur cash losses for consecutive years, gradually erode the entire net worth and obviously fail to service the debt obligations, Merchant Bank of Sri Lanka (MBSL) PLC CEO Gamini Karunathilake said.

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The total cargo tonnage handled at the Colombo Port during 2008 was 30,923,831 tons (including containerised cargo), an increase of 6.7 percent compared to 28,984,807 tons of total cargo tonnage handled in 2007.



 
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