Search Results for: Sri Lanka

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lanka’s Kentucky Fried Chicken franchise holder Cargills Food Services (Pvt) Ltd. has invested SLRupees four million on converting an old Ceylon Transport Board bus to offer a mobile KFC service, which is being run as an experiment.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI LANKA’S Cargills has introduced five new flavours to its Magice ice cream range: fresh strawberry, fruit and nut, vanilla with jaggery, mint with chocolate chips and butterscotch with nougat. The company claims the flavours are new to Sri Lankan consumers.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lankan glove manufacturer Dipped Products Ltd has acquired a controlling interest in its European distributor ICO Guanti Spa, of Genoa, Italy. The payment of shares valued at US$855,000 (SL Rupees 81 million) is being funded from the company’s export earnings, Dipped Products told the Columbo stock exchange.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lanka’s Silicon Coatings (Pvt) Ltd., the manufacture and marketer of Nippolac Paints, has manufactured a waterproofing product called Nippoflex, a cement-based roof water-proofer which is supposed to provide long- term protection from any type of roof, including asbestos, concrete, tiled, metal or aluminium.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Colombo
THE SRI Lankan footwear industry is ailing because of its inability to regularly update its designs and styles, Ranjith Hettiarachchy, Deputy Chairman of the Ceylon National

Chamber of Industries and Chairman of its Footwear and Leather Sector has said.…

BY SWINEETHA DIAS WICKRAMANAYAKA
COATINGS giant Asian Paints says that sales success has made it consider opening more of its Colour World units in Sri Lanka, eighteen months after it opened the retail chain on the island to coincide with its launch of its Apcolite emulsion.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE EXPORT Development Board of Sri Lanka has been publicising good practice from research projects designed to reduce energy consumption by the island’s ceramics industry, to cut its costs and improve competitiveness on global markets. The board estimates that energy bills account for 20 to 30 per cent of Sri Lankan ceramic company production costs.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Colombo
THE INTRODUCTION of protective duties or quantitative import quotas is being considered seriously by the Sri Lankan government, as a response to complaints from local shoe producers that foreign rivals – notably from China – are dumping cheap product on the island’s market.…

BY SWINEETHA DIAS WICKRAMANAYAKE
THE SRI Lankan government has announced that it is to furnish its cabinet and junior ministers with 115 new photocopiers, bought in a multi-million rupee deal from John Keells Office Automation (JKOA), part of the John Keells Holdings group, one of the country’s largest companies.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE SRI Lankan Cabinet of Ministers has taken a long awaited decision to approve the establishment of a coal fired power plant, generating 300MW of energy from imported coal, (the island does not produce its own coal).…