Lanka successful in meeting growth targets -IMF
Sri Lankan authorities have been successful in
meeting the guidelines laid out by the International Monetary Fund (IMF)
in reaching the growth targets with decrease in inflation, building
up reserves, meeting fiscal and debt ratios. However, the relaxed
fiscal policy in the early period was back inline with original
goals, IMF Resident Representative Dr. Koshy Mathai said announcing
the completion of the IMF Stand –By Agreement programme.
Lanka to complete awarding of more oil blocks
Sri Lanka says, it is planning to complete the
awarding of more oil blocks to potential explorers by June 2013,
while the licensing round towards this is expected to start in
November or December this year.
Janashakthi Insurance bags international awards
Janashakthi Insurance, one of Sri Lanka's
largest listed insurers, continues its winning streak to emerge the
triumphant winner of two prestigious awards for Corporate Social
Responsibility and Exceptional Branding and Marketing at the
recently concluded CMO (Chief Marketing Officer Council) Asia Awards
held in Singapore.