Milk production increase by 20% expected:
Pelwatte Dairy launches Rs. 450 million IPO
Pelwatte Dairy Industries PLC, a subsidiary of
Pelwatte Sugar Industries PLC will launch a Rs. 450 million Initial
Public Offer this month where Rs. 450 million shares will be offered
at Rs. 1 each.
Sri Lanka to assemble vans
The Board of Investment of Sri Lanka (BOI)
granted investment approval to W.T.L. Automobiles (Pvt) Ltd, for a
project to assemble motor vehicles for the local market.
Kuwait Airways to increase investments in Colombo
Sri Lanka is a growing market and Kuwait Airways
will make further investments to meet the projected demand, said
Chairman Kuwait Airways, Mohamed Salah.