Aviation sector investments rise
Private sector to pump in US $ 263 m:
Private investments in Sri Lanka’s aviation
sector is likely to rise to US $ 263 million next year. This figure
is expected to increase to US $ 2.3 billion between 2017 and 2020.
One of the main reasons for this surge of interest is the
construction of the second international airport in Mattala
Hambantota.
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Lanka cannot substitute USA, Europe markets right now - Dr Sally
Irrespective of global economic environment
being turbulent, the main markets in USA and Europe cannot be
substituted in the short term. National University of Singapore Lee
Kuan Yew School of Public Policy Associate Professor Dr Razeen Sally
said. He said Sri Lanka needs to have good economic relationships
and diversify expert base to sustain growth momentum.
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Fall of financial institutions:
‘Zero tolerance policy needed’
The collapse of financial institutions cannot be
totally eliminated but a zero tolerance policy to prevent illegal
operations and mismanagement will go a long way, Dr Dayanath
Jayasuriya (PC) said. Delivering a public lecture on the new Finance
Business Act at the Centre for Banking Studies at Rajagiriya,
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