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Wednesday, 15 February 2012

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Rameswaran - Talaimannar ferry service to resume?

According to officials, Tuticorin-Colombo ferry service will be recommence once a large ship that could transport 1,450 passengers per trip arrive from the Shipping Corporation of India. The Tuticorin-Colombo ferry service was initiated in June last year to reap the post war opportunities, but however the service was halted after several months of operation due to economic and legal problems. Mohandass said Sri Lanka was looking for new operators to revive ferry services between Colombo-Tuticorin.

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‘Marketeer must develop strategy based on organizations’ buying power’

The marketeer must develop strategy based on a particular organization’s buying behaviour and on the buying situation in developing effective business to business marketing strategies. Marketing Consultant Lasantha Wickramasooriya said at a seminar organized by McQuire Rens and Jones in Colombo recently.

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Strong operational growth :

Hayleys records net profit of Rs 3.6 b

Hayleys PLC has more than quadrupled net profit and profit attributable to equity holders for the nine months ending December, 31, in a performance that reflects the accelerated momentum of the Blue chip conglomerate in FY 2011-12. With strong operational growth in key manufacturing sectors and capital gains being complemented with noteworthy contributions from new areas of business, the Group has reported profit after tax of Rs 3.6 billion at the end of the third quarter. Profit attributable to equity holders of the parent company amounted to Rs 2.3 billion on pre-tax profit of Rs 4.3 billion, the Group said in a filing with the Colombo Stock Exchange.

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CIC Agri Seeds Farm at Hingurakgoda, one of the largest producers of seed paddy is run on the philosophy ‘Enhance farmer income, improve the rural economy, and contribute towards the development of agriculture making Sri Lanka a bountiful nation’. Here, a worker at the farm tending a cabbage plot.  Picture by Saliya Rupasinghe



 
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