Daily News Online

Monday, 30 May 2011


Tourism targets US $ 5 b FDIs

Deputy Economic Development Minister Lakshman Yapa Abeywardena last week invited the private sector to come into public-private sector partnerships with the Government to take the tourism industry forward.

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Innovation, creativity and talent will create Lanka’s future - Hochman

Building a new economic reality by Brazil, Russia, India and China (BRIC) will create more financial benefits for the Sri Lankan companies in years to come along with high economic growth prospects, author and globally recognized customer relationship expert, Larry Hochman said.

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Leasing, Hire purchase:

Disbursements to top Rs 190 b

With positive economic outlook:

The local leasing and hire purchase industry is targeting over Rs 185 billion disbursements for this year with the favourable economic condition in the country. Leasing Association of Sri Lanka (LASL) Chairman Sanjeewa Bandaranayake said the disbursements which were about Rs 105 billion last year will increase to about Rs 185 to 190 billion from the figures they see up to now.

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Economic Development Minister Basil Rajapaksa and Economic Development Deputy Minister Lakshman Yapa Abayawardana at the foundation stone laying ceremony. Picture by Chaminda Hittatiya

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