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Monday, 19 December 2011

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Miridiya Lodge in Rs 50 m expansion drive

The tropical hideaway closer to nature Miridiya Lodge in Anuradhapra will go for a major expansion of Rs 50 million next year to upgrade the hotel to four star category, Miridiya Hotel Acting Manager LB Jayasinghe told Daily News Business.

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Third container terminal opens in 2016:

Colombo Port to increase capacity

Sri Lanka will be able to cater to the South Asian needs in handling larger vessels with the construction of the Colombo Portís third container terminal which is scheduled to be completed by 2016. The inauguration of the Colombo Port third container terminal was held on Friday and this is a long overdue project as capacity expansion was urgently needed to remain competitive in the region.

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Iran wants Lankan banks in Tehran:

Looking for JVs with local companies

Iran and Sri Lanka should enhance Business to Business (B2B) level cooperation further. Linkages between Business Chambers in both countries are the key to achieve this, said Industry and Commerce Minister Rishad Bathiudeen at a meeting with Iranís new Ambassador to Sri Lanka Mohammad Nabi Hassanipour last week. Hassanipour was making his first courtesy call on Minister Bathiudeen, leading to an in-depth discussion of bilateral trade aspects.

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'Ransalu 2011' held for 21st year

As private sector began to show increasing interest to enter the handlooms sector in the country, Minister of Economic Development Basil Rajapaksa and Minister of Industry and Commerce Rishad Bathiudeen jointly launched 'Ransalu 2011', the National Handloom and Textile Exhibition of Sri Lanka, held in Colombo for the 21st successive year.

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Night view of Colombo Harbour



 
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