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Friday, 25 November 2011

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Budget helps curtail imports

Sri Lanka can be self sufficient in milk production in three years and with the newly introduced budget proposal this mark could be even closer, stakeholders said. The country’s first milk powder manufacturer Ariyaseela Wickramanayake told Daily News Business that the new budget proposal encourages local milk powder production.

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eSys gets Transcend distributorship

With Internet usage on the rise and data speeds increasing, the demand for mobile extended storage is increasing Transcend Inc’s Marketing Director Austin Hung said. Speaking after the company, appointing Sri Lanka’s leading computer hardware distributor eSys Technologies, a part of EZY Holdings, as the sole distributor for all Transcend’s products in Sri Lanka,

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Simple and low tax regime welcome - KPMG

The tax landscape in the country is changing and the budget proposals further consolidated the significant tax reforms introduced last year. The consistency of policies will enable tax administration as well as tax compliance much easy, KPMG Ford, Rhodes,

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Transcend Marketing Director Austin Hung handing over the dealership to CEO, eSys Technologies, Shafraz Hamzadeen yesterday. Picture by Saliya Rupasinghe

Lowe LDB CEO Lilamani Benson receives the Silver award for the Elephant House Ice Cream ‘2 Bar’ campaign at the Effie Awards 2011 from Etisalat Deputy CEO Riyaz Rasheed. John Keells (Ceylon Cold Stores) Vice President Neil Samarasinghe, Ceylon Cold Stores, Assistant Vice President Suren Sahabandu, Lowe LDB Chief Operating Officer Chalaka Gajabahu look on. Picture by Saliya Rupasinghe (See also page vi)



 
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