Ambewela invests Rs 1 b in dairy plant
Ambewela Products (Pvt) Ltd will invest Rs.
one billion to set up a modern dairy plant which will be one of a
kind in South Asia. Director Finance and Administration, Ambewela
Farms, Ranjit Attygalle said the dairy plant is scheduled to
commence operations in December.
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JKH ratings not immediately affected by LMS ruling
Fitch Ratings has said John Keells Holdings
Plc’s National Long-term rating of ‘AAA(lka)’ with Stable Outlook
and ‘AAA(lka)’ rating for its senior unsecured notes are not
immediately affected by the recent Sri Lankan supreme court ruling
on Lanka Marine Services (Pvt) Ltd. LMS is 99.4% owned by JKH.
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Lanka to reap economic benefits from SAARC
The SAARC Summit would be an excellent
opportunity for Sri Lanka to showcase it as one of the safest
tourist destinations in the world, President of the Federation of
Chamber of Commerce and industries, Nawaz Rajabdeen told Daily News
Business.
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CIMA partner of SAARC apex bodies initiative
The SAARC CCCI, SAARC Law, and SAFA, under the
patronage of the Minister of Foreign Affairs, have organised a
conference on the theme “Enterprise Governance and Social
Responsibility” to coincide with the SAARC Summit in August.
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