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Monday, 2 November 2009

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‘Sri Lanka can face the GSP+ risk’

With proper focus and preparation Sri Lanka can face the GSP+ risk and the Government has already taken necessary steps to manage this risk, Central Bank Governor Ajith Nivard Cabraal said at a media briefing on “ GSP+ Scheme and Sri Lanka from a risk management perspective” at the Central Bank yesterday.

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JKH records Rs 1.86 b PBT

For the six months ended September 30, 2009:

John Keells Holdings PLC (JKH) recorded Profit Before Tax (PBT) for the six months and quarter ended September 30, 2009, as Rs. 1.86 billion and Rs. 905 million respectively, these being decreases of 38 percent compared to Rs.3.01 billion and 51 percent compared to Rs. 1.86 billion respectively, the company interim report said.

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Post-conflict economic prospects in Sri Lanka:

Country poised for positive outlook in development

Sri Lanka is poised for a positive outlook in the country’s development process in the next decade. The country would cross the US $ 5,000 per capita income mark in next five to ten years, Finance Ministry Secretary Dr. P.B. Jayasundera said at a meeting on “Post conflict economic prospects in Sri Lanka” organized by the Sri Lanka - Canada Business Council held yesterday in Colombo.

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The apparel industry can survive without the GSP+ facility. Here apparel workers busy at work



 
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