Sugar production to be boosted : Largest Investment in Hambantota Port
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- Created on Monday, 11 February 2013 11:31
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India’s no 1 sugar company Shree Renuka Sugars Limited has signed an agreement with the Board of Investment of Sri Lanka to invest US$ 220 Mn to set up a sugar refinery complex in Hambantota. The company participated in the bidding process in 2010 and was selected and later approved by the Cabinet to up the proposed sugar refinery. Shree Renuka Sugars Limited is the largest sugar company in India and also has 4 sugar mills in Brazil. The proposed project plans to bring inedible raw sugar from Brazil in bulk and add value locally by refining it in the complex. The refined sugar would be sold locally as well as exported from Hambantota Port.
DECCAN REBRANDS AS ‘SIMPLIFLY’
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- Created on Thursday, 07 February 2013 11:51
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Sri Lankan domestic airline and helicopter operator Deccan Aviation Lanka (DAL) changed its name to Millennium Airlines Ltd., according to a statement released to the media by the company.
US trade mission to visit Sri Lanka
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- Created on Wednesday, 06 February 2013 21:43
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A multi-sector US trade mission - the first since the end of the Sri Lankan conflict - will travel to Colombo on Feb 7-8.
Turkish Airlines begins its operations to Sri Lanka
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- Created on Wednesday, 06 February 2013 19:49
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The best airline in Europe which flies the most countries in the world, today added its 219th destination and its 98th country by commencing flights to Colombo, capital of Sri Lanka.
Leading beverage Co. marks 5th Year of PET Collection and Recycling Project
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- Created on Wednesday, 06 February 2013 15:36
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Coca-Cola announced the launch of the next phase of its PET collection and recycling project, a part of its on-going community development and environmental conservation campaign “Give Back Life”. Launched in 2008, the “Give Back Life” project has been responsible for the collection and recycling of over 9 tons of PET plastics. This year, Coca-Cola is celebrating the 5th year of this ground breaking project by launching a community based PET collection programme across 28 schools in Biyagama.
Sri Lanka-Oman trade figure to hit $250 million by 2015
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- Created on Tuesday, 05 February 2013 15:06
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The bilateral relations between the Sultanate of Oman and Sri Lanka have been on a steadily growing mode and the same is all set to hit a whopping $250 million by the year 2015, according to the Sri Lankan Ambassador to Oman, Asoka Girihagama.
SriLankan salutes M'Sia Airlines’entry to oneworld
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- Created on Friday, 01 February 2013 12:03
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Today (1st February) Malaysia Airlines’ (MH) took its place as the 12th member of the world’s leading airline alliance “oneworld” that brings some of the best and biggest airlines together.
