capacity is more than 500 Metric Tonnes. Its’ revenue was Rs. 348 million in last year. Dumindu Industry takes required salt from Hambantota and Puttalam saltern at an agreement price. The demand for both household and industrial consumption in Sri Lanka is estimated to be 150‚000 Metric Tonnes (MT) per annum. The actual average production was approximately 110‚000 MT and the balance demand was met by imports where the imports were carried out by private parties. Dumindu Industry contribution was
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1. Introduction Sri Lanka’s development policies are being reoriented under the stewardship of the United People’s Freedom Alliance (UPFA) Government‚ aimed at acceleration of economic growth with special consideration given to pro-poor growth strategies. The development strategy consolidates positive elements of the policies followed over the past two decades and revisits the weaknesses‚ limitations and lapses in past policies in order to ensure equitable development in the country. As stated in
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Abstract On the whole‚ this paper gives an analysis on the impact of globalization on Sri Lanka and further examines the industrialization experience in Sri Lanka following the market-oriented policy transformation instigated in 1977‚ while emphasizing on the establishment of trade Policies including Foreign-Direct-Investments (FDI). Moreover‚ this paper recognizes that policy alterations have positively played a key role in converting a primary-product-exporting economy to an economy which manufactures
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Summary The purpose of this report is to analyse the traffic problem in the Colombo city and to identify the causes of the problem and offer recommendations in improving the traffic system in order to have an effective traffic management in Sri Lanka. In this‚ the reason for traffic congestion and draw backs of the current system has been identified. A SWOT analysis has been done on the traffic board in order to assess the compatibility of the proposed system. The city of London in
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Sri Lanka after thirty years of war; the achievements so far and the challengers ahead For nearly three decades‚ Sri Lanka has been scarred by a bitter civil war driven by ethnic tensions. In May 2009‚ the Government of Sri Lanka announced a decisive military victory over the Liberation Tigers of Tamil Eelam (LTTE or Tamil Tigers). The war claimed thousands of deaths and tensions between ethnic groups remain high. If left to simmer below the surface‚ these tensions could threaten the fragile
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Sandip Kumar Kundu (Student Id: P000099745) Word Count: 4300 International Business Experience (BA 670) Introduction: The end of Sri Lanka’s long-running civil war in May 2009 and prevalence of peace for more than four years has given a new rays of hope to usher an era of sustained positive growth and economic development. Sri Lanka can still be a difficult place to business due to poor infrastructure‚ corruption and erratic policy environment‚ but the geographical natural location
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the development of a country. Through a brief political history of Sri Lanka this section will demonstrate the linkages present in a number of government issues that have hindered the development of Sri Lanka. Sri Lanka gained independence from Britain in 1947. From 1948 to 1977 Sri Lanka was a socialist country. Industries were nationalized and a welfare state was established. This improved living conditions but produced slow economic growth‚ economic inefficiency‚ and a lack of foreign investment
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Inflation Management through the Interest Rate Channel in Sri Lanka 1. Introduction Monetary policy comprises the rules and actions adopted by the central banks to achieve their objectives. In most countries the primary objective of the monetary policy is price stability. The Central Bank of Sri Lanka (CBSL) has two core objectives: (1) maintaining price and economic stability and (2) maintaining financial system stability (Central Bank of Sri Lanka 2012‚ ‘About the Bank’‚ para. 1). To attain the objective
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I. Online Marketing in Sri Lanka 1. Introduction The development of online marketing in Sri Lanka is lagging behind when compared to developed countries. The adoption of online marketing is more than a technical issue. Country specific factors such as differences in culture and business environment are influencing the nature and type of appropriate IT solutions including online marketing. Therefore the marketing strategies must be suitable for the country to reach and communicate with the target
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‚ [Online]‚ Available: http://readwrite.com/files/styles/800_450sc/public/restaurant.png [7] Dialog launches Sri Lanka’s first ever location based mobile deal App‚ Daily FT‚ (Sri Lanka)‚ [Online]‚ Available: http://www.ft.lk/2012/07/06/dialog-launches-srilankas-first-ever-location-based-mobile-deal-app/‚ July 6‚ 2012 [8] Jetwing lead reality campaign with Aurasma‚ Sunday Times (Sri Lanka)‚ [Online]. Available: http://www.sundaytimes.lk/121111/magazine/jetwing-lead-realitycampaign-with-aurasma-19604
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