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Thursday, 30 September 2010

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Micro starts car exports

First consignment for Nepal:

Micro Cars Limited will be exporting ten cars, of the Micro MX7 model as an initial shipment to Nepal. There will be 150 cars in line with the first year commitment from Micro to Nepal which will include Micro cars as well as mini vans in the future.

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The Finance to infuse fresh capital

CBSL wants new Director Board representing shareholders:

The Monetary Board of the Central Bank of Sri Lanka has decided to recapitalize The Finance Company PLC (TFC) to facilitate smooth operations of the company in the future, the Central Bank said. It has also been decided that the company must be managed by a capable Board of Directors representing shareholders so that the Managing Agent could exit from the operations of TFC as soon as normalcy has been restored.

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To win the economic war :

Strategic plan needed

Sri Lanka needs to adopt strategies to drive the country to success said Defence Ministry Secretary Gotabhaya Rajapaksa. He was speaking at a presentation on “Economic Management : Lessons from the war” at the Sri Lanka Central Bank 60th Anniversary Oration Series which was held at Central Bank Banking Studies Centre yesterday.

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Economic Development Minister Basil Rajapaksa inspecting a car to be exported to Nepal while Micro Cars Limited Chairman/CEO Dr Lawrence Perera looks on. Picture by Chaminda Hittetiya



 
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