New BOI structure
Announces novel plans to boost FDI:
The BOI announced a new strategy to raise FDI in
Sri Lanka to the desired level of four to five percent of GDP over
the next three year period. The FDI this year is expected to reach
the highest ever achieved by the country and will be well in excess
of one billion US dollars, the BOI said.
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Record results for Browns Group
Profit of Rs 3.3 billion in 2010:
The Browns Group has posted for the first time
in history a profit before tax of Rs 3.3 billion which is a growth
of 319 percent compared with the same period last year and a net
profit of Rs 3.1 billion for the same period.
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Infotechs introduces Cessna Grand Caravan
To meet tourism, cargo and corporate travel
needs:
Infotechs (Pvt) Limited is planning to improve
the aviation industry in Sri Lanka with support to help build many
economic activities. Infotechs (Pvt) Limited Group GM Michelle Pinto
said the Cessna Grand Caravan C208 aircraft will help to bring in
many secondary markets
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RFC’s gradually recovering - RAM
The registered-finance-company sector has been
gradually recovering from the weakened economic climate that
prevailed in 2008 and 2009 and the confidence crisis triggered by
the fall of an unregulated finance company
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