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Wednesday, 18 January 2012

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HIA construction work on track:

Lanka to cater for 6 m air passengers by ’18

The Colombo International Airport would be upgraded to cater for six million passengers by 2018. This is a 100 percent increase. Airport Aviation Services Chairman Col. Prasanna Wickramasuriya said that this includes over one million passengers using the Hambantota International Airport (HJA) as well.

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CLPL acquires 60% of Palla and Company

Ceylon Leather Products PLC (CLPL), a subsidiary of Environmental Resources Investment PLC (ERI) acquired 60% of the stated capital of leading footwear exporter Palla and Company (Pvt) Ltd for a total consideration of Rs 418 million including preference shares recently. Palla and Company (Pvt) Ltd is based at the EPZ,

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Aussies eye Lankan handlooms

Handloom exports valued $ 0.90 million in 2009 rose in 2010 to $ 1.5 million and in January-October 2011, stood at $ 1.17 million, according to the Exports Development Board (EDB) under the Industry and Commerce Ministry.

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Work on the HIA passenger terminal building in progress



 
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