Tuesday, 17 December 2002  
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Board of Investment Chairman/Managing Director Arjunna Mahendran in negotiations with Mitsui Engineering and Ship Building Co. Ltd’s Executive Managing Director Hirotoshi Yamaguchi and other members of the delegation comprising General Manager of the Overseas Projects Department Hiroyuki Koyama, General Manager of the Power, Machinery Systems Shinichi Tatabe, General Manager of the Project Management and Plants Department Ichiro Shiramasa. Tatabe is also the Chairman of Colombo Power (Pvt) Ltd in which the Mitsubishi Group has a 50 per cent equity stake. Right: Hirotoshi Yamaguchi 


Mitsui to use Trinco for ship repairs

by Ravi Ladduwahetty

Globally renowned Fortune 500 conglomerate- Mitsui will use Trincomalee as a base for repairing and maintaining ships while establishing a US $ 600 million coal fired 300 Megawatt power plant, the first of three such plants which will eventually generate 900 megawatts.
Full story

Fraud at Rubber Corporation: CID to quiz Ratnasiri

by Sarath Malalasekera

A statement from former Prime Minister Ratnasiri Wickremanayake will be recorded this week by the CID in connection with the alleged large scale fraud at the Sri Lanka Rubber Manufacturing and Export Corporation which came under the purview of the ex-premier as the Minister of Plantation Industry.
Full story

PM initiates joint effort to promote tourism in Maldives and Sri Lanka

Prime Minister Ranil Wickremesinghe who is on an official tour in Maldives met the President of Republic of Maldives Maumoon Abdul Gayoom yesterday and explored the possibility of promoting tourism as a joint effort of Maldives and Sri Lanka.
Full story

Strike suspended, health services back to normal

by Bharatha Malawaraarachchi

Hospital services returned to normality from yesterday morning after the Joint Council of Professions Supplementary to Medicine (JCPSM) suspended their strike which continued for over two weeks.
Full story


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