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Wednesday, 22 September 2010

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Second MDG Progress Report launched:

Country’s poverty rates declining

Second Millennium Development Goals (MDGs) Progress Report says that Sri Lanka’s poverty rates are clearly declining and country has succeeded in mobilizing a large volume of bilateral assistance in difficult times, with continued assistance from non-traditional and some traditional development partners.

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Record 7.6 percent 1H growth

Sri Lanka today is on the economic map again after five extraordinary years. The country has been recording high growth levels even during the most difficult times due to internal and external factors.

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UWU Research Symposium:

Industries will flood growth regions

Sri Lanka needs many innovative products to enter new markets from the universities as the country is now rapidly becoming attractive as an investment centre for industry. Speaking at the Uwa Wellessa University Research Symposium on Friday Vice Chancellor Chandra Embuldeniya said that industries will be flooding into growth regions such as Hambantota, Batticaloa, Trincomalee, Jaffna, Vavuniya, Colombo and Gampaha very soon.

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Market up

There has been significant buying at the end of the market yesterday making high profits. It is expected that market will be high in the coming few days, Capital Trust Securities Director, Sarath Rajapakse told Daily News Business.

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From left: Former Director Economic Affairs and Commonwealth Secretariat, Dr. Indrajith Coomaraswamy, Securities and Exchange Commission of Sri Lanka Chairperson, Indrani Sugathadasa, Colombo Stock Exchange Chairman, Nihal Fonseka, Hatton National Bank Managing Director and CEO, Rajendra Theagarajah and Global Equities Middle East and RBC Capital Markets Managing Director, William Kostoff at the Forum. Picture by Roshan Pilapitiya



 
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