German R&D provider invests in Lanka
German based global provider in electronics,
plastics and metal technologies IVP Gmbh will invest for a Research
and Development unit in Sri Lanka in partnership with Tos Lanka Co.
(Pvt) Limited.
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CIC Agri Business to embark on liquid milk processing
CIC Agri Business will embark on a liquid milk
processing project investing over Rs 300 million in the near future.
Director CIC Agri Business, Waruna Madawanaarachchi told Daily News
Business that they need a 1,500-acre land for the project and the
company is negotiating with the Government to find suitable land.
"We are looking for a land closer to Eastern Province.
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Otara recognised at Asia Retail Congress
Chief Executive Officer of ODEL, Otara
Gunewardene was awarded the prestigious "Retail Leadership Award" at
the recently held Asia Retail Congress in India. The congress - one
of Asia's most renowned platforms to promote world-class retail
practices - brings together, at a forum, the company chairs,
Presidents and CEOs from leading international and national
retailers.
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