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Monday, 29 June 2009

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Orthodox black tea commands highest prices in the world:

Tea market active in first half of 2009

Most of Sri Lankan tea markets were initially affected by the economic recession but tea being an essential beverage the buyers returned to the market in mid December 1, 2008 and the markets were active in the first half of this year, said the President of Asia Siyaka Commodities (Pvt) Ltd, Anil Cooke.

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Changing context of higher education necessary:

Asia tipped to have most powerful economies

The Asian region is tipped to have the most powerful economies from 2040 to 2050 recording a higher GDP growth. Therefore, it is necessary to change the context of higher education accordingly, President Asian Institute of Technology (AIT) Prof.

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Colombo Port a logistic hub in SE Asia soon

The Colombo Port will be made the renowned logistic hub in the South East Asian region and all our future development activities will consolidate Sri Lanka’s position as a premier maritime logistic centre, Chairman, Sri Lanka Ports Authority, Dr. Priyath Wickrama told at the Sri Lanka Freight Forwarders’ Association’s 28th AGM held in Colombo.

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Fantasia Elastics to India: Investors from various countries have now begun to make inquiries to start joint ventures in Sri Lanka with the dawn of the peace. According to the Managing Director, Fantasia Elastics (Pvt) Ltd Hameed Ashraff Indian investors are interested in importing Fantasia Elastics to India which is a huge market for Sri Lanka. The company is getting ready to go for an expansion shortly to meet the escalating demand. In the picture Marketing Manager Cheyne Wickramatilake showing the final sample of a product to the Managing Director Ashraff before being released to the market.
Picture by Sumanachandra Ariyawansa.



 
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