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Thursday, 27 January 2011

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Investments starting to pay off now - Dr Amunugama

The recent floods has not only brought adverse impacts, but also advantages, a Senior Minister said. “The dams were full and the saving to the country on this will be Rs two billion with the increase in hydro power energy and Sri Lanka can cut down oil imports, International Monetary Cooperation Senior Minister Dr Sarath Amunugama told a meeting hosted by the Council for Business with Britain yesterday.

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MAS opens new factory

Invests US$ 3.15 million:

MAS Active - Asialine, the newest facility of MAS Holdings will open today in Middeniya, Hambantota with a total investment of US $ 3.15 million. MAS Active - Asialine General Manager Venura Attanayake said MAS Holdings took over this company in 2006 with an initial investment of US $ 2.2 million.

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Emirates optimistic of Lanka

Increases cargo operations:

Emirates is optimistic about its operations in Sri Lanka. It is looking at more opportunities to increase route profitability, cargo and passenger capacity in its global operations in the future. “Fundamentals in Sri Lanka are very strong. The country would manage to record a significant growth in a sustainable manner if the required measures are taken well. Sri Lanka has a high potential in the high fashion garment segment and tuna exports in the world.

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The National Cleaner Production Awards 2010 was held yesterday. Businesses in manufacturing and service sectors have been recognized under this award scheme. Heritance Ahungalla was the National Cleaner Production Gold Award winner under the service sector category. There were no Gold award winners in manufacturing sector for National Cleaner Production Awards. Here Heritance Ahungalla team receiving their award. Picture by Lalith Gamage.



 
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