Low interest rates, an added attraction:
Insurance industry has potential for growth
At a time when the Colombo Stock Exchange (CSE),
financial and other instutions such as banks and leasing companies
were becoming more active due to the low interest rates and opening
of the Central Bank capital accounts the insurance industry has much
potential for growth in the local and international market,
Securities and Exchange Commission, Director General, Channa de
Silva told Daily News Business.
Geocycle set up at Katunayake Export Processing
Holcim commissions Rs. 200 m waste management unit
The pre-processing facility - Geocycle, a
business unit of Holcim (Lanka) Ltd was commissioned yesterday with
an investment of Rs. 200 million as a dedicated waste management
organization at the Katunayake Export Processing Zone (KEPZ).
Chinese overseas investment to help global economic recovery
The growing importance of Chinese overseas
investment will be a major catalyst in the future global economic
recovery. It will contribute significantly towards assisting the
economies of developing countries recover from the financial crisis.