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Thursday, 20 December 2012

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Raigam to invest Rs 300 mn to manufacture drapers

The Kingdom of Raigam would invest over Rs. one billion during the next 18 months for major expansions and diversifications. Chairman cum CEO, Raigam, Dr. Ravi Liyanage said that for the first time, they would manufacture baby diapers from next year. He said that the local baby draper market was valued at over Rs. 30 million per month. “We like to take up challenges and would invest nearly Rs. 300 million to manufacture drapers locally,” he said.

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DPL ranked as region’s top entity for ‘Investment in People’

Dipped Products PLC (DPL), globally ranked rubber glove manufacturer of the Hayleys Group, received the Investment in People Category Award at the Asia Responsible Entrepreneurship Awards (AREA) official presentation ceremony in Delhi, India.

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To increase transit arrivals:

Int’l airlines should partner local airlines

Sri Lanka should permit more international airlines to partner with local airlines in order to increase more transit-passenger arrivals to the country, a senior Civil Aviation Authority official said.

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Workers at Sri Lanka’s first raw rice noodle plant Pictures by Saliya Rupasinghe



 
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