British firms expand scope
Credit guarantee increased to £ 200 m:
British companies have made more inquiries to do
business in Sri Lanka particularly in infrastructure development
projects. Addressing a media briefing yesterday UK’s Exports Credit
Guarantee Department (ECGD) UK Country Risk Analyst Olwen Renowden
said ,
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Nawaloka enters lubricant market with ‘Total’
Nawaloka ABC Petroleum, a member of Nawaloka
Holdings, has entered the lubricant market with ‘Total’ Oil, the
French multinational oil company presently operating in over 130
countries.
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Sri Lankan exports:
Focus on emerging markets - Dr. Mathai
Sri Lanka needs to concentrate more on exports
to emerging markets such as India and China in the region in the
future. Current Sri Lankan exports have been directed mainly to the
USA and European markets which are no longer fast growing economies.
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