Exports to record US $ 10 billion
Lanka shifting to new markets:
Sri Lanka is expected to record US $ 10 billion
revenue in total exports in 2011. In 2010 all sections in export
industry except one or two sections have also recorded a noteworthy
15 percent growth against 2009. Foreign exchange from total exports
was recorded at US $ 8.27 billion in 2010.
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Asian Alliance profit tops Rs 370 m in 2010
Asian Alliance Insurance PLC recorded a
significant growth in profit before tax amounting to Rs 370.5
million in 2010. The Life division contributed Rs 253.6 million and
Non Life division contributed Rs 116.9 million for this outstanding
performance.
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Universities must be self sufficient - Governor
Sri Lankan universities have plenty of resources
and they should be able to run their organizations without expecting
Treasury funds in the future. Central Bank Governor Ajith Nivard
Cabraal who was the chief guest at the inauguration of the M.Sc in
Financial Mathematics program at the Colombo University said it is
only a matter of changing the mindset of people.
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