Nestle invests Rs.700 m on factory expansion
Nestle Lanka has invested around Rs. 700 million
in their Kurunegala factory this year. Managing Director of Nestle
Lanka, Stuart Young said, despite a challenging year as a result of
high world market prices of major commodities and local economic
conditions, we are continuing to invest in Sri Lanka.
Full Story
Growth in exports in September, trade deficit narrowing
The economy, which grew by 6.2 per cent during
the first half of the year, is expected to yield an annual growth of
around 6.7 per cent for the year the Central Bank said yesterday.
Full Story
British consortium moots domestic airline
A consortium of British investors and Sri Lankan
entrepreneur Jayampathi Perera is to launch a domestic airline in
Sri Lanka. The airline, Euro Aviation is expected to take off the
ground early next year.
Full Story
|