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Many eyeing Shell

Government also in the fray:

Three to four multi-national companies are vying for the Shell Gas company shares which are on offer. The Shell Gas sell out deal is still in the preliminary stage and the Laugfs Holdings Limited is interested in securing the deal, Laugfs Holdings Limited Chairman W.K.H. Wegapitiya told Daily News Business.

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Dankotuwa Porcelain fighting for survival

Stakeholders of Dankotuwa Porcelain held a decisive meeting with the Labour Department to save the company from liquidation on Tuesday.

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Sunway to develop Dasa Group property

To invest US $78m on 34-storey tower:

A leading conglomerate in Malaysia, Sunway Holdings entered a joint venture agreement with Dasa Group in Sri Lanka to invest on a 34 storey tower to the value of US $78 million yesterday.

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An induction ceremony was held in Colombo to award scholarships to 27 Advanced Level top rankers drawn from all districts of the country. The Dialog Scholarships Program which is in its seventh year since its inception has supported a total of seven University students, 210 Ordinary Level students and 189 Advanced Level students to -date, bringing the total number of Dialog Scholars to 406. The Dialog Scholarships Program is conducted by the Dialog Telecom PLC in partnership with the Ministry of Higher Education and the University Grants Commission. Dialog Group CEO/Director Dr. Hans Wijayasuriya handing over a scholarship to a student. Higher Education Ministry Secretary Dr. Sunil Navaratne looks on. Picture by: Sumanachandra Ariyawansa

• SMB profit tops Rs 158m in year of consolidation

• CEAT profits increase five fold to Rs 532 m

• In brief

• New appointment at Continental Insurance

• NSB adopts global reporting guidelines

• Awarding of Dialog scholarships: Private sector, engine of economy

• For second consecutive year: LECs wins Presidential Award

• Conference on eradicating child labour

• Asia accounts for third of world output in five years -IMF

• Tea production grows in May

• John Keells Tea Market Report: High demand for Low Growns

• Marketeer in Focus - Customers exposed to new standards now

• E-mail marketing

• Simplification and codification of tax laws

• Oluvil Port Project on fast track

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