Business

Business

High expectations on fruit and veggie exports in 2012

Sri Lanka's fruit and vegetable exports are expected to grow between three to five per cent this year, after a surge of 10 percent...

ITN BIZ NEWS 2012-12-02: Sunday

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Etihad to operate daily flights to Colombo

In its latest move to increase its presence and upgrade its flights in the Indian subcontinent Etihad Airways, the national airline of United Arab...

Furniture industry to be upgraded

Sri Lanka is moving to upgrade its 9.5 million dollars wood and furniture industry with latest technology and machinery training. According to Minister of Industry...

Over 328 billion rupees for infrastructure development

The country’s infrastructure network has been developed and improved at a cost of over 328 billion rupees during the first eight months of this...

ITN BIZ NEWS 2012-11-25: Sunday

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Powdered Murunga leaves add to the spice range

The Post Harvest Technology Institute plans to introduce a new spicy powder to the market in the form of ground Murunga leaves. A special...

Czech Republic to undertake investments in Sri Lanka

The Czech Republic is willing to undertake investments in Sri Lanka in many sectors. This was revealed when Member Parliament and Chairman of the Foreign...

$ 2.5 million from FAO for spice export development

The Food and Agriculture Organization is to provide 2.5 million US Dollars to increase export earnings from spice exports to 10 % of the...

Production of phosphate fertilizer to be increased

The Government has drawn up plans to increase the production of phosphate fertilizer. Phosphate fertilizer is being produced centering on the phosphate bed at Eppawala....