East West to inject US$ 80 m into 8 hotels
Diversified blue chip East West, through a newly
formed subsidiary- East West Hotel Developers (Pvt) Ltd will inject
over US$ 80 million into eight star class properties, leveraging the
dream run enjoyed by the leisure sector in a backdrop of durable
peace.
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Exporters to achieve US $ 10 b target
The exporters of Sri Lanka are confident of
maintaining the positive trend in the export growth regardless of
poor European and the USA economic conditions. The National Chamber
of Exporters of Sri Lanka is working hard to maintain 30 percent
growth month on month basis and to reach US$ 10 billion export
target by April next year,
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Tollway highway to Galle opens in September
Sri Lanka’s first toll expressway from Kottawa
to Pinnaduwa (Galle) will open next month heralding a new era in the
local transport sector. The second sector will be from Pinnaduwa to
Matara. Road Development Authority Engineer K.D Rukshan Hemantha
Rupasinghe told the Daily News,
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