Peace in East creates HR pool for apparel industry
Peace in the East has opened up a huge pool of
human resources to the local apperal sector, said CEO of Brandix
Lanka Ashroff Omar at the 14th Presidential Export Awards, held at
the Presidential Secretariat yesterday.
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Lanka IOC posts Rs. 490m 1Q profits
Lanka IOC Limited is to consolidate future
expansion programmes with the posting of excellent first quarter net
profits of Rs. 490.11 million. This is in sharp contrast to a Rs.
584.42 million loss a year ago, citing the lifting of state price
controls, its Managing Director K Ramakrishnan told the Daily News.
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Market positive with foreign trading
The Bourse picked positively at the end of the
day with heaved participation of foreign buyers to the equity
turnover. There was mixed trading reported from blue chip companies
as well as ordinary companies, its sources said.
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