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Apperal industry already exceeds:
More sectors can hit 1b target soon
SRI LANKA has many businesses that can reach the
US$ one billion mark apart from apparel sector and with government
assistance there are many other ventures that can reach to this
mark.
 Full Story
Dialog Telekom to raise Rs 5b for Capital Expenditure
Dialog Telekom is now in the process of going
for a preference share issue to raise Rs 5 billion for a major
expansion programme, the Stock Market, sources said. The company is
now moving towards increasing their capital expenditure for future
expansion activities.
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Waste to energy project:
Colombo Renewable signs agreement with foreign investors
A BOI approved company, Renewable Energy (Pvt.)
Ltd. (CRE), a wholly owned subsidiary of Plasma Renewable Energy of
Malaysia entered into a USD 115 million Technical Services Agreement
to implement to first waste to energy project in Sri Lanka.
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Postal Dept. should unleash potential
The Sri Lanka Postal Department is an untapped
gold mine, which has to be, urgently made use of, said the President
of Federation of Chamber of Commerce and Industry, Nawaz Rajabdeen.
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