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Indo-Lanka Free Trade Agreement marks 10 years:
Trade grows ten fold
Sri Lanka’s overall trade with India is growing
closer to six fold and exports from Sri Lanka are growing ten fold.
The increased diversity with greater value addition in exports from
Sri Lanka is a positive development. March 2010 marks ten years
since implementation of the Indo-Sri Lanka Free Trade Agreement (ILFTA)
and during this period trade between the two countries expanded
rapidly.
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City hoteliers ready for IIFA visitors
To provide 400 rooms free:
The Hoteliers’ Association said Colombo city
hotels will reserve 400 rooms for four nights free to guests coming
for the International Indian Film Academy (IIFA). Hoteliers’
Association of Sri Lanka (HASL) President, Srilal Miththapala told
Daily News Business that the Association will give its fullest
support with their expertise and logistics to make IIFA a success.
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DIMO launches Star Bus
Vehicle imports by Diesel and Motor Engineering
PLC in the first quarter of 2010 has shown a significant growth as
against last year. DIMO Chairman and CEO Ranjith Pandithage
introduced the newest version of passenger transport bus in the TATA
bus range, Star Bus yesterday. Pandithage said the Star Bus is
introduced to take passenger transport in Sri Lanka to greater
heights, keeping in mind the country as a tourist hub.
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