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Saturday, 22 June 2013

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Artificial island to come up near H’tota Port

For the first time an artificial island would be created near the Hambantota Port to be used for leisure activities.The historic project would be undertaken by Sri Lankan Engineers attached to the Ports Authority of Sri Lanka

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Elpitiya Plantations posts highest ever profits

Aitken Spence-managed Elpitiya Plantations PLC recorded Rs 507 mn as net profit before management fees for the 2012/13 financial year, its highest ever recorded. Profits soared by 194% from the previous year’s figure of Rs. 172mn while revenue grew by 13% to Rs 2.83bn.

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SL needs environmental friendly power generation - Basil

Economic Development Minister Basil Rajapaksa has stressed the importance of environmental-friendly power-generation needed for future investments in Sri Lanka. Minister Rajapaksa said this when he discussed Sri Lanka’s future energy requirements with representatives of the Natural Resources and Energy Agency of Japan’s Economic,

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