We have a debt to pay to our fans, Sangakkara says

We have a debt to pay to our fans, Sangakkara says Below is an exclusive interview given by Sri...

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Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening

Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening Sri Lanka’s National Rugby Coach Phil Greening, the...

 

Archive for the Category ‘Executive Focus’

Increase market capacity to attract top notch funds: Stock Broker

Increase market capacity to attract top notch funds: Stock Broker

Head of a Sri Lankan brokering firm says the Colombo bourse should increase its liquidity levels if it wants to attract top-notch funds to the bourse, which are already showing a greater interest on the local market.
Kosala Gamage, the Managing Director of Lanka Securities speaking to news360.lk said, the CSE is currently experiencing its best [...]

Lanka IOC wants the Government to adopt a better pricing policy for selling fuel

Lanka IOC wants the Government to adopt a better pricing policy for selling fuel

Lanka Indian Oil Corporation says it is time for the Government to rethink about its fuel pricing policy, which the company says has impacted heavily on its bottom-line.
Company’s Managing Director Suresh Kumar speaking to news360.lk said, as the Government run CPC selling fuel at  below cost, the Indian firm is also being forced to do [...]

Sri Lanka to get multiple of 5 star hotels within few years

Sri Lanka to get multiple of 5 star hotels within few years

By  end  January, Sri Lanka will give approval to build a total of five to six, 5 star hotels, says Authorities.
Chairman Sri Lanka Tourism Nalaka Godahewa said, “We have reached the approval stage of several of those projects”.
Sri Lanka Tourism has already given approval for two 5 Star hotels.
Accordingly, Shangri-La, the global hotel chain operator [...]

Sri Lanka to win at least 50 Gold Medals at the 2018 CWG: Cabraal

Sri Lanka to win at least 50 Gold Medals at the 2018 CWG: Cabraal

By: Prasanna C. Rodrigo
Sri Lanka is spearheading a two pronged strategy to win the hosting of the 2018 Commonwealth Games in Hambantota and also bag at least 50 Gold medals at the competition.
This was stated by the Governor of the Central Bank Ajith Nivard Cabraal who is heading the 2018 Commonwealth Games candidate city organizing [...]

Be careful when pricing IPO’s: De Silva

Be careful when pricing IPO’s: De Silva

Managing Director of the Logon Rockefeller’s Sri Lanka unit Channa De Silva says companies entering the Colombo Stock Exchange need to be careful when pricing their IPO’s.
Citing reasons for his statement, De Silva said in recent times there were few IPO’s which was overpriced as those pricing did not match the expected levels during the [...]

A Fund Manager’s perspective: Post war Sri Lanka

A Fund Manager’s perspective: Post war Sri Lanka

By:  S. Jeyavarman:
The Sri Lankan story is unique. A small country with a population of around 20 million people witnessed devastating internal war for over 26 years which came to an end in May 2009.
Over the years enormous resources were spent on defence related expenditure by the state to achieve a peaceful environment for the [...]

Sri Lanka’s Lubricant industry is recovering

Sri Lanka’s Lubricant industry is recovering

Sri Lanka’s Lubricant industries growth which was declining during the last 6 to 7 years has started to see growth, says an industry leader.
Kishu Gomes the Managing Director / CEO of the Chevron Lubricants Lanka PLC the market leader in the country’s lubricant industry said “the recovery started beginning this year”.
Gomes attributes the recovery to the revival [...]

Top Sri Lankan economist wants CEPA to be implemented

Top Sri Lankan economist wants CEPA to be implemented

The prominent economist and the Vice President of the Sri Lanka Economic Association R.M.B. Senanayake says if Sri Lanka does not sign the CEPA agreement with India, it will definitely be a lost opportunity for the country.
He says despite the protest by the local business community, Sri Lanka should go ahead with this agreement which [...]

Northern construction boom helping the Wall Tile business

Northern construction boom helping the Wall Tile business

Sri Lanka has found an extensive deposit, adequate to supply clay for the countries tile manufacturing industry for the next 20 years.
This was revealed by Mahendra Jayasekera the Managing Director of the Lanka Walltile PLC, the countries sole wall tile manufacturer, while joining for an interview with www.news360.lk.
Jayasekera speaking on the demand for wall-tile business [...]

LIOC aims big in Sri Lanka

LIOC aims big in Sri Lanka

Lanka IOC Managing Director Suresh Kumar says within next 3 years it plans to build its infrastructure Facilities Island wide covering all areas of its business segments here in Sri Lanka to ensure it stays in line with its intended growth plans.
Lanka IOC is currently involved in selling petroleum products including Bunker fuel, lubricants and [...]

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