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DateLine Thursday, 14 February 2008

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Tourism to generate Rs. 550 m in 2008

Sri Lanka hopes to generate Rs. 550 million from the Tourism industry this year. This is an increase of over Rs. 100 million over the previous year. Director General Sri Lanka Tourism, Dileep Mudadeniya said they are expecting over 600,000 arrivals and January has already witnessed an increase. The year 2007 saw arrivals of around 500, 000 tourists and a revenue generation in the excess of Rs. 400 million.

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Institutional, foreign buyers active in market

The Colombo Stock Exchange was active as most of the companies' interim results and final results indicated were positive note, its sources said. With the releasing of corporate interim results buying trends of foreign and local institutional buyers increased during the day with both indices going up. The All Share Price Index went up by 12.58 points and the Milanka Index went up by 26.19 points.

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NCCSL to organise Vietnam trade delegation

The National Chamber of Commerce of Sri Lanka and the Sri Lankan Embassy in Vietnam has arranged to send a Sri Lankan business delegation to Ho Chi Minh and Hanoi concurrent to the Vietnam Expo 2008 in April.

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Both the short-term and long-term market interest rates increased, responding to the tight monetary policy.



 
Gamin Gamata - Presidential Community & Welfare Service
www.stanthonyshrinekochchikade.org
www.srilankans.com
Ceylinco Banyan Villas
www.news.lk
www.defence.lk
www.helpheroes.lk/
www.peaceinsrilanka.org
www.army.lk

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