Apparel industry posts $ 4 b revenue in 2011
Sri Lanka’s apparel industry is exploring the
posibility of entering into preferential trade agreements with India
and Japan whilst sharply penetrating a number of non traditional
markets for exports.
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Browns Investments expands operations in Leisure Sector
With the tourist industry showing bright
prospects, Browns Investments Plc has decided to venture into the
leisure sector in a big way. The necessary approvals have been
obtained and construction of a 150 room star class hotel will
commence shortly.
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Govt relaxes age limits on vehicle imports
The Vehicle Importer's Association was happy
that the government has decided to increase the age limit of second
hand vehicles from one year to two years. For commercial vehicles,
the age limit has been increased from 3 & ½ years to 4 years,
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