Tag: Sri Lanka Business News
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LOLC invests USD16 Million in new power plant
The LOLC group is proposed to invest USD 16 million to build a power plant. The plant is expected to be commissioned in mid 2014. According to the news the electricity generated will be sold to Ceylon Electricity Board (CEB) under the power purchasing agreement signed between LOLC group and CEB. Even though the company…
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Sampath Bank Foreign Exchange ATM now at Dharmapala Mawatha
The Sampath Bank Introduce a New ATM facilities to exchange your foreign currency via ATM, now these ATM machines are located at Sampath Bank Headquarters, is open from 8.30 a.m. to 3.00 p.m. and the second Foreign Currency Exchange ATM at Sampath Bank Super Branch, located at Dharmapala Mawatha, is open from 7.00 a.m. to…
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Railway Track to Jaffna by Indian Government Sponsers
The reconstruction of a 56 kilometre railway track from Pallai to Kankesanthurai will be completed by September 2013, said Indian Consul General V Mahalingham in Jaffna. The railway track is funded by the Indian government at a cost of US$ 150 million. He said there is a delay in the construction work at Elephant Pass…
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Assistance to Improve Quarantine withholding facilities of the Ornamental Fish Exporters / In Direct Exporters
Sri Lanka Export Development Board (EDB) will be implementing an Assistance Scheme under the provision of Budget Proposals 2013 to Improve Quarantine/ Withholding Facilities of the Ornamental Fish Exporters/ Indirect Exporters to comply with National and International standards. Eligibility & Selection Procedure Proposals are invited from Ornamental fish Exporters/ Indirect Exporters who are currently engaged…
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Srilanka Business Week in Belgium from 22nd to 26th April 2013
The Sri Lanka Export Development Board in collaboration with the Sri Lanka Embassy in Belgium proposes to organize a Sri Lanka Business Week in Belgium from 22nd to 26th April 2013 in Belgium. It is proposed that the following events be carried out to coincide with Sri Lanka’s participation at the European Seafood Exposition (ESE)…
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Dhammika Perera’s Contribution to Srilanka
The Business legend Dhammika Perera recently appointed as Honorary Consul of the Republic of Senegal in Sri Lanka by the President of the Republic of Senegal Macky Sail. The Dhammika is provide employment to approximately 50,000 individuals around the country, and contribute 5% of Sri Lanka’s tax revenues and accounts for 3% of the nations’…
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Srilanka Valid Permit holder of Bottled Natural Mineral Water
Srilanka Standard Institution published the Name List of the Valid Permit holder of Bottled Natural Mineral Water. It would be helpful for you to update with name list Bottle Mineral Water name. see below image for more information see below image
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United States Lead China in Owning Rolls Royce Cars
The Rolls Royce a Luxury British carmakers announced that the Rolls Royce recorded highest sales in Year 2012, amounted of sold 3,575 vehicles in 2012. And the Rolls Royce is remaining leader in ultra luxury segment vehicles costing above USD 265,000.00. And United States overtook china to regain the number one regional position.
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Sri Lanka Tea sets for USD 2 Billion Turnover by 2015
Sri Lanka is set to reach a tea export turnover of $ 2 billion by 2015 and increase export earnings from value added tea to 75 % of total tea exports. Sri Lanka Export Development Board’s Tea industry Plan were to increase export volume of value added tea to specialized value added tea to specialized…
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Srilanka National Parks to be Ungraded as Environment Tourism
The Wildlife department has planned to embark on environmental tourism promotion scheme to boost the country. The New programmes to carry out to develop infrastructure at National Parks such as Wilpattu, Yala, Kumana, Galoya, Lahugala and Maduruoya will be upgraded to achieve the objectives. “In the Anuradhapura District are aimed at developing the Wilpattu Sanctuary…