Tea exports pass US$ 1b landmark
THE TEA EXPORT trade has recorded a landmark
achievement, by exceeding the US $ 1 billion value barrier in 2007
for the first time in its 140 year history.
Aitken Spence enters Middle East hospitality industry
Signifying a milestone in Sri Lanka’s
hospitality sector, the country’s leading resort operator, Aitken
Spence signed and agreement with Oman Hotels & Tourism Co SAOG this
week to manage four properties in Oman.
Lanka’s tallest building unveiled
THE construction of Sri Lanka’s tallest
building, the Diamond Tower will commence in May with an investment
of US $ 150 million.
Touchwood goes for Rs. 450m Mahogany project
Sri Lanka’s leading pioneering company in
marketing and managing private forestry plantations, Touchwood
Investment Ltd (TlL) will invest Rs 450 million to plant mahogany
and other commercially viable timber plants, its sources said.