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DateLine Tuesday, 21 August 2007

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Energy efficient fans to save millions for tea industry

The tea sector is to save Rs.400 to 500 million foreign exchange annually by installing Energy Efficient Fans in all tea factories by June next year.

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'Hospitable policy framework vital for FDI growth'

Sri Lanka should have a hospitable policy framework to attract Foreign Direct Investment which is an area picking up very fast in the pursuance of high economic growth, Professor of Finance of the University of Chicago USA Prof. Raghuram G.Rajan said.

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Rocell invests Rs. 1.4 b for sanitaryware plant

Royal Ceramics has invested Rs. 1.4 billion to set up a subsidiary, Rocell Bathware at the Panagoda Industrial Park. High tech equipment and robots would be used for the manufacturing process Director, Royal Ceramics, Nimal Perera said. The investment has been made with local funds and would be a 100 per cent locally owned company.

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Difficulties in maintaining the lowest HIV/AIDS prevalence rate

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A lightning rise to success

 

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