Step forward for tourism boost:
New Tourism Act hailed
Stakeholders of the leisure industry hailed the
decision taken to implement the new Tourism Act with effect from
October 1. “This is a piece of legislation the industry was waiting
for a long time and it will create better working relationship
between the government bodies and the private sector” said the
President of the Sri Lanka Tourist Hotels Association, Hiran Cooray.
Japan - Sri Lanka tea trade growth appreciated
Few guests representing Kirin Beverage Company,
Japan visited Sri Lanka on a courtesy call to mark the 20th
anniversary of tea business transactions with Sri Lanka.
BOI projects worth over Rs. 550m
The BOI signed agreements for 7 new projects
recently. Chairman/Director General of the BOI Dhammika Perera
signed the agreements on behalf of the Board and formally handed
over the certificates to the investors. Total employment generation
would be over 1,500.
Ceylon Glass records Rs. 43.6m in Q1 profits
New, State of the art 205 tons per day Glass
Container Manufacturing facility is expected to be completed by Q3FY
2007. CGC reported its un-audited results for the quarter ended June