Following drop in bank interest rates, conducive
CSE active with investors
Most fund managers and high net-worth investors
are very active in the Colombo Stock Exchange (CSE) following the
drop in bank interest rates and the improved internal environment in
Business chambers deplore international interference
The business community in the country is up in
arms against the US and western world interfering in Sri Lanka’s
conflict, Immediate Past President, Federation of the Ceylon Chamber
of Commerce Sri Lanka and Vice President SAARC Chamber Nawaz
Rajabdeen told Daily News Business.
ICT contributes US$ 213m to national economy
Information Communication Technology (ICT) is
the fifth largest export earner contributing US $ 213 million to the
national economy and has the potential to reach the US $ one billion
revenue bracket within the next five to seven years.