Local pharmaceutical production to rise
Sri Lanka is expected to increase the value of
the local pharmaceutical manufacture market share from Rs 4 billion
to Rs 18 billion within another 4-5 years time. The pharmaceutical
industry is considered to be a thrust industry and the government
promotes and facilitates it as a substitute of imported drugs.
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Govt’s measures ease inflation further
The concerted efforts by the Central Bank and
the government earlier this year to curb the high demand for imports
and credit are yielding results. Reflecting the impact of the policy
measures taken, credit obtained by the private sector has
decelerated since the second quarter of 2012,
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Hemas Transportation expands logistics capabilities
Hemas Transportation today announced the
expansion of its logistics service portfolio, through a joint
venture with Forwardair Logistics (Pvt) Ltd, and has re-branded it
as Hemas Logistics. Managing Director, Hemas Transportation Sector,
Kasturi Chellaraja Wilson said,
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