Business

CB governor predicts growth rate above 4.5%

* Setback due to recent floods and drought* Foreign reserves to be around USD 7.2 billion by the end of the year* Number of housemaids to Qatar could create some impact on projected reservesThe economic growth rate will hover around 4.5 percent to five percent by the year end, which could be slightly down from the initial forecast, Central Bank Governor Dr. Indrajit...

2017-06-24 18:30:00

Intellectual property laws should be amended - BOI chief

‘BOI and Customs addressing some of the issues’

Counterfeiting of goods has a detrimental effect on Foreign Direct Investment. It is necessary to address the issue as otherwise it will cause an adverse impact on economic growth, Board of Investment Chairman Upul Jayasuriya told a panel discussion on the subject of combating counterfeits in Colombo last week.Laws regarding intellectual property should be amended to suit...

2017-06-24 18:30:00 0

Nepali billionaire at CCC event

Global player in FMCG

Binod Chaudhary, who is regarded as Nepal’s first billionaire and the only one from the Himalayan republic to be listed on Forbes Magazine’s billionaire’s list, will be the chief guest at the 178th Annual General Meeting of the Ceylon Chamber of Commerce (CCC) on June 29 at the Cinnamon Grand Hotel, Colombo. The Chaudhary led CG Corp /Global Chaudhary Group is a...

2017-06-24 18:30:00 0