Daily News Online

Wednesday, 10 July 2013


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Laksala to infuse micro financing

The Laksala Handicraft Emporium is exploring possibilities into setting up a micro finance institution next year. Chairman Laksala, Anil Koswatte said this is mainly to assist their suppliers to re infuse capital to their business. By doing this they would be able to manufacture better products and have access to better technology. This will in return bring them better yields,Koswatte said.

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Sri Lankan Night at Nizhny Novgorod

The “Mega Tourism Caravan” arrived at the fifth largest city of the Russian Federation. Nizhny Novgorod. Colloquially shortened to Nizhny, with a population of 1,250,615, it is the fifth largest city in Russia and the Administrative centre of Nizhny Novgorod Oblast.

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Serious measures to attract FDIs needed-Envoy

Sri Lanka should take more serious measures to attract FDIs to the country, Ambassador of Japan in Sri Lanka Nobuhito Hobo said. He made these sentiments addressing a seminar on “Bi-lateral Trade between Sri Lanka and Japan”, organized by the National Chamber of Commerce of Sri Lanka.

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