Category: Other

Over US$ 300mn in Foreign Direct Investment is expected by the end of the year, one of the highest inflows during recent years. The national investment promotion agency BOI says that the country is now attracting investments from all over the world with strong inflows from the Asian region.rnStrategies to attract investments are also seeing […]

Half the countrys population has electricity supplied by the main power grid. Authorities say they plan to raise this level to about 80 percent of the population within the next few years. However, drawing power lines to rural areas far from main cities is going to be difficult.rn rnExperts say that alternative ways to light […]

Earnings for Taj Lanka Hotels Ltd., the owners of Taj Samudra Hotel in Colombo and Taj Exotica Hotel in Bentota, are expected to top Rs.155 mn for the financial year 2003/4.rn rnLanka Orix Securities in a research report says Taj Lanka Ltd will also greatly benefit from the ongoing tourism boom and falling interest rates, […]

Following the legacy of the famous De Beers diamonds and Tahitian pearls, is a test bed range of branded lquote Sriya Ceylon sapphires, as Sri Lanka stakes its claim in world gem markets. Developed by a British designer and collectively sponsored by industry, this is Sri Lankas first attempt to brand its high quality and […]

But, Hasitha Premaratne, HNBs Research Manager says, the lack of liquidity and a low free float market capitalisation, is holding Hemas back from rubbing shoulders with other top conglomerates like the John Keells Holdings Group.rn rnClick here for full research report:rnAptly describing the Hemas Group as a lquote small wonder, HNB Stockbrokers talks about the […]

Following BCGs recommendations, JKH is building a new property development unit to push up returns from its extensive real estate holdings.rn rnWith a free float adjusted market capitalisation of US$ 157.9 mn after its recent bonus issue, JKH now qualifies to climb aboard the Morgan Stanley Capital Indexs Emerging Markets Index, says Hasitha Premaratne, Research […]

Top trade delegations from around the world will meet in the Mexican city of Cancun, at a meeting billed by many to be one that can drastically change world trade patterns.But developed and developing countries will have to agree on a large variety of issues from opening up their agricultural sectors to protecting intellectual property […]

Sri Lanka used to be the fifth largest rubber supplier to the world a few years ago. But synthetic rubber manufacturers took over the market as age-old production processes left natural rubber producers helpless. But now the industry is changing face.A locally manufactured industrial rubber has got oversea buyers ready to bargain.rn rnLankaprene rubber is […]

Its the most talked about conglomerate with diverse interest that reflects the Sri Lankan economy. The bluechip conglomerate is also the biggest stock currently listed on the Colombo Stock Exchange. rnrnrnrnrnrnNew Page 1rnrnrnrnrn Butrnthis giant elephant is trimming the fat and rationalising operations under thernChairmanship of Vivendra Lintotawela. John Keells Holdings recently hired thernBoston Consultancy […]