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Carsons invests Rs. 700m on 'Metropolis' housing project

Carson's Real Estate Management will construct Sri Lanka's largest condominium complex outside Colombo in Mount Lavinia named Metropolis. The Group, which has diversified into real estate will invest Rs. 700 million for the Mount Lavinia project and for two other apartment projects in Kotte and Athurugiriya.

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Melfort innovates roasted green tea for Japan

Sri Lankan consumption of green tea is just ten per cent of the total local product. The balance 90 per cent of the green tea produced in Sri Lanka is for export. The market for green teas is highly concentrated in the Western province, Director Operations, Melfort Green Teas, Tiran Peiris said.

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JKCS unveils aviation solutions

John Keells Computer Services (JKCS) unveiled its latest aviation IT solution, eCheck-in suite reducing 40 per cent in check-in and boarding equipment costs, CEO, JKCS, Dhananjaya Chandrasekera told Daily News Business.

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The sketch of the Metropolis in Mount Lavinia.

The value added tea exports has increased up to 42 per cent of the total tea exports recording the highest since 1998 despite declined export quantities due to short fall of tea production in the year. Customs data analysed by Siyaka Research confirms that Sri Lanka has earned US$ 823 million from tea exports during the period January to October 2007.

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