Foreign investment plans getting onto top gear
Minister of Enterprise Development and Investment
Promotion Dr. Sarath Amunugama is to increase the number of
companies coming under the green line at the Katunayake Export
Processing Zone (KEPZ).
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Squalene from Kerala may impact forex earnings
Squalene or shark liver oil exported to Japan
from Sri Lanka earns $ 24 million per year but due to the North-East
conflict becoming severe this export has been forgotten by the
country. “We are the only company who export Squalene or shark liver
oil. We export two containers per month, each contains 15 tonnes.
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Galle Face Hotel spends Rs. 950 m on reopening ‘The Regency’
The Galle Face Hotel international management
has invested Rs. 950 million to re-open their Southern Wing, ‘The
Regency’ that was closed for over 20 years. Sri Lanka as a
destination is now attracting up-market clientele and this section
was re-built to meet this demand.
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