Lanka’s first satellite company launched
SupremeSAT (Pvt) Ltd. signed an investment
agreement with the Board of Investment Sri Lanka yesterday to the
tune of US $ 20 million with very ambitious plans to take Sri Lanka
into the global space race.
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Nestlee‚ Lanka delivers strong 14% revenue growth
Nestle‚ Lanka PLC, Sri Lanka’s leading
Nutrition, Health and Wellness Company, recorded a strong revenue
growth of 14% (YoY) for the three months ending 31 March 2012,
posting a revenue of Rs. 7.3 billion and a net profit of Rs. 462
million amidst a difficult market environment.
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Green farm status on the cards with micro hydro
power plant:
Jagro to obtain new energy scheme
Sri Lanka’s premier berry grower, Jagro Pvt Ltd
has signed an agreement with Industrial Services Bureau Kurunegala
(ISB) to build a 20 kw micro hydro power plant at their berry farm
in Ambewela in the Nuwara Eliya District.
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