“Lanka is no longer the land in waiting” - Governor
“Sri Lanka is now being re-branded worldwide,
with people referring to the country as: No longer the land in
waiting; Break-out nation; The country where a process of healing is
underway; Sri Lanka is a country that is realizing a peace dividend:
Sri Lanka is now a leading member of the “come back club”;
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Etisalat Group consolidated revenue grows to AED 8.3 b
Abu Dhabi-based global telecommunications group,
Etisalat announced a 17% net profit growth on quarterly consolidated
revenue of AED 8.252 billion (approx. LKR 296.5 billion). The result
was a combination of enhanced network readiness,
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Gross official reserves up to US $ 7.1 b
Policy measures implemented in February and
March of this year, aimed at reducing the high import growth and the
high credit expansion, were yielding the expected results. In the
external sector, preliminary estimates indicate the desired
deceleration of expenditure on imports in June 2012 and a
corresponding decline in the deficit in the trade account in the
second quarter of 2012.
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Pussalla Meat ties up with France’s Hubberd Breeders
Sri Lankan poultry industry margins have been
affected due to the increase in the monthly chicken production
capacity of 8.5 million in the first half of 2012. For the last few
months, the industry has moved into a different set up and the
prevailing dry weather condition in Sri Lanka coupled with worldwide
Soya bean shortage have doubled the magnitude of the problem,
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