Lanka to get more opportunities in Iraq
Iraq is currently dependent on Turkey and Syria
for 50% of its imports and is seeking to reduce its dependence on
these countries by broadening its import base. “This provides an
ideal opportunity for Sri Lanka to once again establish broad
economic links with Iraq,”
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'Poor packaging, a bane of export products
Sri Lanka has identified the poor packaging of
export products as a major limitation the country has faced in its
drive for export growth. The bulk of Sri Lanka's traditional exports
are still at low value added forms. The post harvest losses in
agricultural produce too run high.
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Lankan exports to Poland increase
“Exports from Sri Lanka to Poland have increased
from US $ 25.68 million to US $ 39.89 million during 2011, resulting
in a favorable balance of trade for Sri Lanka” said, Kumara Semage,
President of the Sri Lanka Poland Business Council of the Ceylon
Chamber of Commerce,
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Browns Group achieves revenue of 14.4 b
Browns Group has grown from strength to
strength, recording a 19% growth in revenue to Rs. 14.4 Bn, while
profitability was also up by 6% for the year ended April 2012. Group
Managing Director/CEO Murali Prakash stated,
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