Business Today Sri Lanka - March 1997

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In spite of the power crisis, total black-out, and two major terrorist attacks, the Advertising Industry in Sri Lanka recorded almost Rs 1.5 billion spending on TV, Radio, and Press A surveys.
Chairman and Director General Board of Investment, Thilan Wijesinghe, outlines the three-pronged strategy of the Board of Investment - investment, infrastructure, and promotion.
Telia's (Sweden) Lillemore Larsson, Director of International Projects, says that the advantages of investing in in Sri Lanka far outweigh the disadvantages.
Navin Gooneratne, Chairman of the Presidential Task Force, SAD, talks at length about his vision of South in the next millennium, the various infrastructure projects and the Development programs on the cards, and finally his pet project Ruhunupura.
Businessmen in Colombo and the South Asian region can now avail of an alternate dispute resolution mechanism that facilitates a speedy, cost-effective, confidential, and efficient resolution of commercial disputes.
CEB Chairman Arjuna Deraniyagala has vowed to make 1997 a year free of power cuts. A report on what measures CEB has taken to prevent a repeat of the 1996 power debacle.
Sri Lanka's attractive incentive package, the emergence of South Asia as an important market, the development in SAARC, SAPTA, India's good neighbor policy, and most importantly, the end of the war and restoration of peace are all to Sri Lanka's advantage. There will be no holding back Sri Lanka, says Foreign Minister Lakshman Kadirgamar.