Arpico to shove losing entities
Richard Pieris and Company Limited (RPCL) is
looking to move out from certain business entities, that are not
performing well, due to the tough market conditions prevailing in
the country, Director/ Chief Operating Officer Pravir D Samarasinghe
Despite US recession:
Gem and Jewellery growth seven per cent
Despite the unfavourable economic condition in
the US market, Sri Lanka was able to record seven per cent growth
through gem and jewellery exports during first half of this year.
Fitch affirms Hayleys MGT Knitting Mills at ‘BBB+(lka)’
Fitch Ratings Lanka has affirmed Sri Lanka-based
Hayleys MGT Knitting Mills PLC’s (HMGT) National Long-term rating at
‘BBB+(lka)’. The Outlook is Stable.