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Friday, 21 September 2012

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$ 24 m Lanka bamboo drive launched

More than 800,000 direct and indirect employment opportunities would be created and 311,000 mega-watt hours of electricity and heat per year capacity will be added through biomass energy by 2019 as a result of the national bamboo initiative launched with a $ 24 million investment.

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India opens textile market to Sri Lanka

In a major bilateral trade move in which access to the huge Indian textile market is opened to our garment exporters, India has decided to open its textile sector to Sri Lanka in a considerable way.

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SriLankan wins ‘Best in Region APEX Award’

SriLankan Airlines’ entry, among an elite list of world airlines that vied for Passenger Choice Awards of the Airline Passenger Experience Association (APEX) in USA, won the award for Best in Region: Asia & Australasia, at a gala ceremony in Long Beach, California, September, 17 2012.

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Leather product exports to reach $ 25 m mark by 2015

Sri Lanka is planning to increase direct and indirect leather product exports from $ 3.28 million in 2009 to $ 25 million by 2015 and is focusing on attracting nitch market buyers while developing local sales to the tourism industry.

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