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Wednesday, 20 June 2012

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UL, Lufthansa Technik to launch MRO at HIA

SriLankan Airlines (UL) in partnership with Lufthansa Technik are to offer MRO (Mechanical Repair and Overhaul) facilities at the new Hambantota International Airport(HIA). Chairman SriLankan Airlines, Nishantha Wickremasinghe told ‘Daily News Business’ after the 68th annual general meeting of International Air Transport Association, (IATA) that this would add more international recognism to HIA and also bring in additional revenue to SriLankan.

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Timex & Fergasam start operations in Mannar

Sri Lanka’s Timex and Fergasam Group (T&FG), a manufacturer and exporter of high quality garments is ready to commence the construction of twin apparel factories in Mannar Industrial Zone approved by Board of Investment (BOI) end of June 2012. This proposed US $ 5 million worth factory, a first in the Mannar region will be ready for commercial operations by January 2013. According to the Group Chairman with the commencement of the new factory complex over 1,200 employment opportunities would be created for the people in the area.

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Colombo landing clearance for helicopters

Following the relaxation on stringent security restrictions on civil flights over the capital city domestic airline and helicopter operator Deccan Aviation announced the establishment of the first privately run city helipad at the Colts Cricket Grounds in Havelock Road, The government has recently given approval for private helicopter operators to conduct flights into the city of Colombo. With tight security imposed on the capital city during the war, helicopter flights into Colombo was strictly limited to those operated by the Sri Lanka Air Force. The recent relaxation of the rules is seen as an effort to ensure a level playing field between the commercial arm of the SLAF and other helicopter operators.

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‘Footwear, leather industry gaining momentum’

The country’s footwear and leather industry is gaining momentum and could be positioned to become a sector that caters to both local and international markets. ‘We are having a three prong approach to develop the local footwear and leather industry infusing technology and focusing on the training aspects. As the public awareness on the quality of locally manufactured footwear is high, the industry is poised to become a prominent segment in the retail market, Footwear Advisory Council Chairman Rangith Hettiarachchy told ‘Daily News Business’.

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Elcardo Industries (Pvt.) Limited won the International Quality Summit Award in the Gold Category at the annual awards ceremony held in New York recently at the Mariott Marquis Convention Hall. Here Athula Rohan Weeraratne, Managing Director Elcardo Industries (Pvt.) Limited with the prestigious award from Jose E. Prieto, President the Business Initiative Directions (B.I.D), which covers 178 countries in the world with business initiative directions officials.



 
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