Daily News Online

Friday, 23 December 2011


| Business Editor: 0094 11 2429221 | Fax: 0094 11 2343694 | E mail: [email protected] |

Shipping industry sees growth

US $ 273.1 m invested in last five years:

The country’s shipping industry will continue its growth momentum as several mega port development projects were launched during the last five years. A sum of US $ 237.1 million has been invested. This year surpasses the previous figure and of which port related investment records an increase including a US $ 500 million for the third terminal to be constructed at the Colombo Port.

Full Story

Selacine doubles revenue, makes Rs 17 m profit

The revenue at the Selacine Television Institute has more than doubled, from Rs 149 million to over Rs 350 million in 2010 and 2011. The vision of the company is to double the revenue in two years and meet total market needs in five years.

Full Story

Sabaragamuwa gets four star hotel

Grand Udawalawa Safari Resort has invested Rs 500 million to construct a four star hotel in the Sabaragamuwa province that will open in March 2012 with 55 rooms. The target market for the Udawalawa Safari Resort will be mainly business community, both local and foreigners.

Full Story


The Colombo Port in full throttle. Picture by Saliya Rupasinghe

Executive Residencies - Colombo - Sri Lanka
Gift delivery in Sri Lanka and USA
Kapruka Online Shopping
Donate Now | defence.lk
LANKAPUVATH - National News Agency of Sri Lanka
Telecommunications Regulatory Commission of Sri Lanka (TRCSL)

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2011 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor