Significant growth in France - Lanka trade
The trade relationship between Sri Lanka and
France has recorded a significant growth in the past two years.
Reviewing the trade performance between Sri Lanka and France we see
an encouraging revival with healthy increase in both imports and
exports, despite challenging business conditions. Exports to France
in 2010 increased by 12% to US$ 160 million compared to the previous
year, Sri Lanka France Business Council Immediate Past President
Nirmali Samaratunga said.
NDB Aviva’s Eagle Gilt Edged Fund rated AAA
ICRA Lanka Limited, a wholly owned subsidiary of
ICRA Ltd., an associate of Moody’s Investors Service, has assigned a
credit risk rating of ‘[SL] AAAmf’ to NDB Aviva Wealth Managements
Eagle Gilt Edged Fund. The rating indicates that the underlying
portfolio has the lowest credit risk and the highest degree of
safety from credit losses. This rating scale ranks the relative
default risk associated with issuers / debt / schemes in Sri Lanka,
which is a first in the growing Sri Lankan financial landscape.
FAO’s Inter-government group on tea:
SLTB hosts 20th session
Sri Lanka Tea Board, (SLTB) will be hosting the
United Nation’s Food and Agriculture Organization’s (FAO) 20th
Session of the Inter-governmental Group (IGG) on tea from January 30
to February 1, 2012 in Colombo.