Hayleys records Rs 1.3 b profit
Highest ever profit after tax for nine months:
The Hayleys Group has achieved significant growth
in profits at the end of the first nine months of 2009-10, with its
businesses in global markets and manufacturing continuing their
strong performance in the third quarter.
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Indo-Lanka trade ties:
Greater trade cooperation vital
India and Sri Lanka have created a conducive
legal framework to take forward bilateral trade and look forward to
greater economic engagement through economic and trade cooperation,
International Trade and Relations Committee Chairman of Hyderabad
and Andra Pradesh Federation of Chambers of Commerce and Industry
member Sri Nivas Ayyadevara told the inaugural session of a trade
seminar held at the Federation of Chambers of Commerce Sri Lanka
yesterday.
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Performance Index gives wrong signal to investors - Rohan
Masakorala
Sri Lanka has been ranked 137th in the World
Bank released Logistic Performance Index (LPI) for 2009. The country
secured the 92nd place according to LPI 2007. The LPI has not given
a true picture of the country’s capability and the list and the
criteria, and Sri Lanka has been pushed from 92 to 137, it is unfair
as the country has an efficient air and ocean shipping sector, Sri
Lanka Shippers’ Council former Chairman and Asian Shippers’ Council
Secretary General Rohan Masakorala told Daily News Business.
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