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Boat building industry:
Over 50 percent growth in 2011
The boat building industry in Sri Lanka is
showing signs of being one of the dominant sectors to develop the
country’s economy. The industry is predicted to record 50 percent
growth in 2011.
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Improved foreign investor confidence in country:
IMF SBA next tranche in January
The next tranche of the US $ 2.6 billion
International Monetary Fund (IMF) standby agreement (SBA) will be
disbursed in early next year as the IMF staff mission will present
their report on January 26, the Central Bank Deputy Governor, Dharma
Dheerasinghe told Daily News Business.
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CIC keen on increasing milk production
CIC Agri Businesses Managing Director and CEO
Keerth B Kotagama said CIC is keen on enhancing liquid milk
consumption and increasing the milk production in the country. He
said with the acquisition of CIC Mahaweli Livestock and Dairies (Pvt)
Ltd in the Eastern province last year, the company is producing
5,000 litres of fresh milk per day.
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