Richard Pieris mulls tourism
Sets target to achieve Rs 2.5 b net profit:
To venture overseas with strategic investments:
Richard Pieris Group has set targets to achieve a
net profit of Rs 2.5 billion by the end of this year, while
expecting to exceed the net profit Rs three billion in 2011, Richard
Pieris Group Chairman Dr Sena Yaddehige told Daily News Business.
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Big business for fashion retailers
Basket value, spending increase:
Local fashion retailers are experiencing
significant sales growth during this festive season than last year.
Daily News Business spoke to several fashion retailers in the
country last week.
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CBL to invest in new factory
The Sri Lankan confectionery industry has
recorded a satisfactory expansion with a 10 percent annual growth
showing signs of being a dominant industry. It is capable of
generating much foreign income to the country while reducing the
unemployment rate considerably.
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