Share market ‘bullish’
Sri Lanka’s share market has been the best
compared to any country in the world, during the first half of 2010.
When share markets across the world recorded one percent to two
percent increase as a result of recovering from the economic
recession, Sri Lanka recorded a 36 percent increase from January to
June this year, Capital Reach Research Manager, Sarath Rajapakse
said.
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Mini-hydropower, cheapest for national grid
Mini-hydro power contribution to the national
grid will be the cheapest source of power to the country compared to
other renewable energy sources. The total installed capacity of the
mini-hydro power plants to the national grid is 181 megawatts. It
contributed 546 giga watt hours (GWH) which is four percent of the
national demand as at December 31 last year, a Small Hydropower
Developers Association official told Daily News Business. There was
a 20 megawatts increase in the total contribution to the national
grid from the mini-hydro power sector.
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Gem and jewellery centre for World Trade Centre
To develop supply, demand and capacity building:
The National Gem and Jewellery Authority plans
to set up a fully-fledged gem and jewellery centre to be housed at
the World Trade Centre tower soon. The gem and jewellery industry
will become a one-stop-shop facility with this gem centre along with
industry related services under one roof.
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