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DateLine Tuesday, 2 September 2008

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News: Paper marking impasse: SC urges consensus on salary issue ...        Political: No efficient members in UNP today- Mahanayake Thera ...       Business: Lankan tea booms in Las Vegas ...        Sports: Federer advances to fourth round at US Open ...

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Lankan tea booms in Las Vegas

Record price of Rs. 7,150 per kilogram in US auction:

Ceylon specialty tea has achieved an unprecedented boost in USA following the promotional venture organised by the Sri Lanka Tea Board along with industry stakeholders at World Tea Expo Event in Las Vegas in June this year.

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Share Capital down from Rs. 1.2 b to Rs. 550.3 m to settle scheme creditors:

Vanik in Rs. 694.9 m capital reduction plan

The restructuring plan will revolve round the reduction of capital, issue of new shares to scheme creditors as part settlement of the capital component of their debt.

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Laxapana Batteries records Rs 3m profit in 1Q

Laxapana Batteries PLC a quoted company recorded a net profit of Rs. 3m for the first quarter of current financial year 2008/09 against a loss of Rs. 3.7m for the corresponding period recording an appreciable increase of 181%.

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Representatives from Colombo Tea Traders’ Association Anslem Perera and an Akbar brothers respresentative demonstrate tea tasting. Chairman, Tea Board Lalith Hettiarachchi was present. Picture by Sumanachandra Ariyawansa.



 
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