2011 total exports to exceed US $ 11 b
Export sector well poised to surpass target:
The export sector of Sri Lanka is well poised to
surpass the revenue target for 2011. According to provincial figures
issued by the Export Development Board, the sector has recorded US $
9.96 billion up to November last year. Sri Lanka recorded exports of
merchandizing products to the value of US $ 9.96 billion for the
first eleven months with an overall growth rate of 22 percent.
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Lanka’s economy should be integrated - EASL
The Exporters Association of Sri Lanka (EASL)
stresses the need for the integration of Sri Lanka’s economy with
the global economy by promoting, financing and facilitating
international trade and investment.
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Alliance Finance reaches Rs 6 b milestone in deposits
Alliance Finance has increased its profit after
tax by a phenomenal 406% during the six months ended September 2011
compared with September 2010. Alliance Finance AGM - Deposits Champa
Nakandala said that the company has witnessed a significant growth
last year on all fronts with its deposit base reaching Rs.6 billion
which reflects a 24% growth compared to 8.7% in the previous year.
The diversified client base has grown to over 10,000 customers
during this period.
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