Starco Lanka in US $ 4.4 m tyre venture
Starco Lanka (Pvt) Ltd has signed an agreement
with the Board of Investment to manufacture pneumatic and solid
tyres for export. The total investment for the project is US$ 4.4
million and the company has pledged to create 400 employment
opportunities during the next three years.
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Ceylon Chamber fetes Best Corporate Citizen
The annual Best Corporate Citizen Award ceremony
organized by the Ceylon Chamber of Commerce took place at the
Cinnamon Grand last Friday. Nestle Lanka PLC bagged the Best
Corporate Citizen Award 2011. MAS Intimates (Pvt.) Ltd. won the
first runner-up and Hatton National Bank became the second
runner-up.
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Scan Engineering to invest US $ 2 m on expansion
Scan Engineering (Pvt) Ltd is set to invest US $
2 million for the expansion of its office and service facilities in
2012. Scan Engineering and Scan Agencies Managing Director Keerthi
Abeynayake said the company is hoping to complete the expansion by
mid 2012 and will create job opportunities for around 150 engineers
and technicians in various fields.
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