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Chairman stresses on replanting, modernization :
US $ 5 b tea export target
Sri Lanka’s Tea Exporters have taken up the
challenge of an export target of US$ 5 billion by the year 2020. “We
have taken on the challenge posed to the tea sector to go for US $ 5
billion by 2020 in the overall national export target of US$ 20
billion and given the right environment and policies, achieving this
target may not be a pipe dream”, new Tea Exporters Association (TEA)
Chairman Niraj De Mel told the Association’s 12th Annual General
Meeting.
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GFH to invest Rs 1b more for five more properties
The Galle Face Hotel Management Company has
invested over Rs one billion to refurbish the Hotel Surf in Bentota
and Hotel Safari in Tissamaharama to provide better hotel
experiences for the local and foreign tourists.
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IRS to broaden business with Lanka
The Indian Register of Shipping (IRS) is seeking
to broaden its horizons in Sri Lanka with an aim to relive the past
glory. Sri Lanka and India has traditionally shared historical ties
and close neighbouring relations. The growing economy and conducive
environment need to be exploited in expanding business
opportunities, Indian Register of Shipping Chairman Capt J C Anand
said.
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