Indian Petroleum giant eyeing oil exploration in Lanka
Marking one of the major breakthroughs of
President Mahinda Rajapakse's recent visit to India the largest and
one of the fastest growing private sector companies in India
yesterday announced its plans to invest in Sri Lanka's petroleum
sector.
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Lack of export certificate body hampering trade
The Export Inspection Council of India stressed
the importance of having a statutory body or one stop shop to
monitor export/import quality controls in Sri Lanka to expedite
trade in the country.
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Market up ahead of Geneva talks
Both indices moved up and the market recorded a
healthy turnover on a day trading was largely dominated by
crossings. The All Share Price Index climbed up by 8.08 points to
close at 2,174.58 points while the Milanka Price Index increased by
20.02 points to close at 2,744.94 points yesterday.
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