Russia to boost tea market
Entry into WTO to have favourable impact:
Russia’s entry into the World Trade Organization
will have a favourable impact on the Sri Lankan tea industry by
creating a much satisfied level playing field, Plantations Minister
Mahinda Samarasinghe said.
RAM Ratings reaffirms AAA/P1 of People’s Bank
RAM Ratings Lanka has reaffirmed the respective
long- and short-term financial institution ratings of People’s Bank
(“PB” or “the Bank”), at AAA and P1; the long-term rating has a
Eco Friendly Power launches two mini hydro plants
In another US $ 3.6 m investment:
Eco Friendly Power Developers, a subsidiary of
Acess Group will invest another US $ 3.6 million in two mini
hydropower plant projects at Kadurugasgoda in Ratnapura and
Uvathenna in the Balangoda area.