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Monday, 9 November 2009

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Value added rubber products for niche markets

Sri Lanka will export high value added rubber products to niche markets using natural rubber and will increase export revenue by 50 percent by 2014 achieving a stable supply at low price volatility, said Dr Shantha Walpalage of the Moratuwa University making a presentation on the national Action Plan for the Development of the value chain in the rubber sector organized by FCCISL (SMED)at Galle Face Hotel last week.

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Positive mindset necessary to derive benefits

Sri Lanka can contribute to growing Asian economy:

Sri Lanka could be a part of the strongly growing Asian economy by changing the perception as the country is now free of terrorism. It is necessary to have a positive mindset to derive the benefits of peace, Laugfs Holdings Limited Chairman, W.K.H. Wegapitiya told Daily News Business.

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Reducing lending rates timely decision

‘Customers’ confidence level in finance companies improving’:

The concept of reducing lending rates is a timely decision taken by the Central Bank. There is a slight improvement in the confidence level of customers about registered financial companies in the country as financial rules and regulations have been made stronger, the Finance Houses Association of Sri Lanka Chairman Shirley Perera told Daily News Business.

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The Footwear and Leather Fair 2009 concluded yesterday at the BMICH. There was a good response from local and foreign buyers during the three-day exhibition. Here, a foreigner taking a closer look at a leather bag. Picture by Saliya Rupasinghe



 
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