NAVIGATE
:
Home  » Business

Business

 
 

‘Private sector, the main growth driver in SL’



article_image

The private sector forms the main catalyst in the country’s economic progress, Prime Minister Ranil Wickremesinghe said.

'The government’s aim is a per capita GDP by the end of 2017 of 4000 dollars, Considering the potential of the economy to achieve a growth quotient of that level, the country should be focused on exports and acceptance of such exports should be in tandem with demand driven competition in overseas market destinations, the Prime Minister added. He was the chief guest and keynote speaker at the 'Business Today Top 30 Awards'.

Speaking further the PM said -

‘As you would have now noted, the budget this year was formulated with long term plans for development. Additionally, we aimed at debt reduction, simultaneously planning for stability, with access to capital. Job creation is what we would expect of you, the private sector. That is, creation of good jobs.

Read More...
 
 

Traditional Scottish Pipers in Colombo

test

The Dollar Academy Pipers from Scotland are currently in Sri Lanka. The 10 piece band is in Colombo ahead of the National Day of Scotland "St. Andrew’s Day" – celebrated each year on the 30th of November. The Pipers will be perfor...

Banks, finance and insurance to the fore

JKSB reported on yesterday's CSE trading as follows -ASPI: 6,456.11 (-8.33 pts; -0.13%); Val T/O: Rs. 1.49bn (US$9.70mn); Vol T/O: 15.1mn; Trades: 2,663Advance/decline ratio: 68/92; Top gainer: SEMB.X (+50.00%) ; Top loser: PCP.N (-50.00%) Highlight...

Mobitel receives Gold award for ‘Service Brand of the Year’ at SLIM Brand Excellence Awards 2017

test

Sustaining its journey of excellence, Sri Lanka’s National Mobile Service Provider, Mobitel, shone at the SLIM Brand Excellence Awards 2017 held at the BMICH on 20th November 2017, where it walked away with a Gold award for ‘Service Brand o...

Commercial Bank of Ceylon selects integrated digital banking from Fiserv to enable business agility, enhance customer engagement

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced that Commercial Bank of Ceylon (COMBANK), Sri Lanka’s most awarded bank, will replace its current digital platform with an integrated dig...

Zigzag.lk to open its first flagship store

test

Zigzag.lk, one of Sri Lanka's largest online clothing stores, with its own Zigzag fashion brand is now known for its unique sense of style.This fashion label continuously showcases the best, including trendy and stylish ensembles that are created wi...

SriLankan Airlines and Qantas provide more options to connect with new Melbourne service

SriLankan Airlines, which last month launched daily non-stop services to Melbourne, is providing its valued passengers with a wide range of options to connect and fly to major cities in Australia and New Zealand, by expanding its codeshare agreement wi...

LOLC continues its bottom line growth

LOLC releasing its interim financials for 30th September reported excellent growth in profitability compared with September 2016 driven by the financial services sector. The PBT for the current year was Rs. 11.7 Billion compared with Rs. 6.6 Billion re...

‘Weaves of Batticaloa’ trade fair to provide business acceleration for handloom weavers from Batticaloa

The handloom sector is one of Sri Lanka’s socio-economically significant industries; providing employment in rural areas, particularly the Batticoloa district. However, local residents pursuing the traditional craft are often subjected to poverty...

LAUGFS Health and Wellness opens first standalone MEDZ pharmacy outlet in Bandaragama

test

Taking a yet another strategic step in its vision to become a multi-faceted force in the country’s healthcare sector, LAUGFS Health and Wellness, a subsidiary of LAUGFS Holdings, recently opened its first standalone pharmacy in Bandaragama. Well-...

Gold for Wurth salesman at NASCO 2017

test

For the third consecutive year,  Wurth grabbed the GOLD for sales in the Automotive Sector at the 2017 National Sales Congress (NASCO), at the gala awards ceremony last week.  Sudeera Prasad, a young salesman who joined Wurth Lanka 4 years ag...

 
 
 
 
 
 
animated gif
Processing Request
Please Wait...