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Rs 1.5 billion ultra modern factory complex:
Pelwatte milk powder plant opens May 15
To cut down annual milk powder import bill:
Pelwatte Dairy Industries will commission its
state- of-the-art Rs 1.5 billion powdered milk plant in Moneragala,
on May 15. The factory which has the most modern machines imported
from Denmark has a daily production capacity of 10 tonnes of milk
powder while also processing 180,000 litres of liquid milk, PDI
Chairman Ariyaseela Wickremanayake told Daily News Business
yesterday.
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Laugfs eyes education sector
Expansion plans for all 18 companies:
Laugfs Holdings will diversify into the
education sector in the phase of tremendous opportunities in higher
education. “We will be consolidating our presence in the Sri Lankan
market and will be entering the education sector in the near future,
Laugfs Holdings Chairman W.K. Wegapitiya told Daily News Business.
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CEPA can benefit Lanka if properly drafted - Exporter
The Comprehensive Economic Partnership Agreement
(CEPA)has to be a win-win situation for Sri Lanka and India.
Speaking on the Role of Professionals in Safeguarding Sri Lanka
interests in CEPA with India, KIK Lanka Chairman Lalith Kahatapitiya
said it should be transparent and have the approval of responsible
people of the country before signing the agreement.
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