Home / Business/ Lanka IOC to explore Myanmar and Indonesian markets; retains MTI

Lanka IOC to explore Myanmar and Indonesian markets; retains MTI


Comments / {{hitsCtrl.values.hits}} Views / Thursday, 21 March 2013 00:00

Facebook

Lanka IOC, with a vision of exporting lube products, signed an agreement retaining the services of MTI Consulting to carry out a study of the fast emerging Myanmar and Indonesian markets.



Speaking at the occasion Lanka IOC MD Subodh Dakwale said: “One of our strategic pursuits is to increase the exports of Sri Lanka, given our international capabilities in the lube business. Lanka IOC is currently exporting lubricants to neighbouring countries like Maldives and Nepal.

“We witnessed that the emerging markets in the Mekong Valley and South East Asia as prime prospects, and will be looking forward to the benefits of working with MTI, who have impressive credentials across emerging markets.”

MTI consulting has worked across emerging markets in Asian, Middle East and African regions, which includes projects carried for multi-national and regional companies in Algeria, Bangladesh, Cambodia, Egypt, Indonesia, Jordon, Iran, Iraq, Lebanon, Myanmar, Nigeria, Pakistan, Philippines and Syria

Lanka IOC is a public listed company in the Colombo Stock Exchange with a turnover of Rs. 60.4 billion for the year 2011-12.


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Is voting the only expression of democracy?

Wednesday, 18 September 2019

Aspirant Sajith Premadasa has openly and repeatedly said he will contest the Presidency whatever anyone says. His party has not selected him and neither has he asked for the nomination from the party. One could interpret that he may contest whether o


Private or State hospitals? State, of course!

Wednesday, 18 September 2019

Framing the debate For those of us who can afford them, the question is often raised whether we should go to the neighbourhood private hospital or State hospital when sick. The purpose of this article is to share my experience over my lifetime in alw


Teaming up with the CIO for a journey towards transformational ERP

Wednesday, 18 September 2019

An ERP (Enterprise Resource Planning) implementation with a focus on a business outcome can bring significant competitive advantage across every area of the business. Earlier, it was the CIO who had to figure out the design and implementation of the


CRIB – Individual Credit Score

Wednesday, 18 September 2019

With the recent announcement of releasing credit scores of banked citizens commences a new chapter of the country’s lending industry. The General Manager of the Credit Information Bureau (CRIB) Nandi Anthony stated that the Bureau plans to release


Columnists More