Mahindra mulling Sri Lanka expansion
A range of Mahindra two wheelers including
scooters would be launched in Sri Lanka end of this year, Mahindra
and Mahindra Automotive and Farm Equipment Sector President, Dr.
Pawan Goenka said. In addition they are also looking at introducing
heavy duty trucks next year.
Mirage Hotel to invest Rs 600m
To build four star hotel in Wellawatta:
The Mirage Hotel (Pvt) Ltd will invest Rs 600
million to build a four star luxury hotel in Wellawatta . The Mirage
Hotel (Pvt) Ltd Managing Director Prabath Fonseka told Daily News
Business that Sri Lanka tourism is booming after the ending of the
war and the return to normalcy .
Gem exports in upward swing
The gem, jewellery and diamond exports continues
its upward trend in foreign exchange generation by recording an
overall growth of 21%. The gem, jewellery and diamond export
earnings up to end August this year recorded an increase of 21
percent compared to the corresponding period last year.