|
Four branches in Italy this year:
BoC goes global
Targeting Lankans in 27 EU nations, North
America, Asia and Australasia :
The Bank of Ceylon will spread globally first
into the 27 member European Union, then North America, Australia,New
Zealand, Japan, Hong Kong and Singapore. The expansion into the
27-member European Union nations network, will be initially Italy,
based on the success of the London Branch, now a fully fledged
United Kingdom Bank. Italy will be followed initially by France and
Germany.
 Full Story
Apparel exports looking for market diversification
The Sri Lankan apparel industry seeks more
bilateral partnerships and free trade agreements with India, China,
Brazil, Russia and Japan to increase export volume while attracting
more preferential treatment for the industry wellbeing. Having
understood the risks of depending on traditional markets and
following the abolition of industry related concessions, attention
has been given to go for export market diversification.
Full Story
Slow growth for lubricant industry
The growth momentum of the lubricant market is
slowing down and the recent adverse weather conditions have had a
negative impact on the industry. “The lubricant market has shown
slow progress due to subdued activities. The upward growth trend
from last year has comedown in the first quarter. The industry is
highly competitive and increasing volumes has been a difficult
task,” Chevron Lubricants Lanka Managing Director Kishu Gomes told
Daily News Business.
Full Story
|
