Search Results for: Sri Lankan

BY SWINEETHA DIAS WICKRAMANAYAKA
SHELL Gas Lanka Ltd and David Pieris Motor Co have launched gas conversion equipment in Sri Lanka for three-wheeled vehicles that includes a special 4 kg LPG cylinder, to provide a cheaper alternative to petrol. The two companies claim that the equipment will allow motorists to reduce fuel bills by more than 35 per cent.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
CEYLON Carriers Ltd., and the Transport Corporation of India have signed an agreement to launch a cost-effective system of cargo transportation in Sri Lanka. The partners will introduce a new Express Cargo System in the country, extending an air freight and shipping network that already covers India, Bangladesh, Nepal and Bhutan.…

BY SWINEETHA DIAS WICKRAMANAYAKA
A JAM factory will be opened by the Chunnakam Multi-Purpose Co-operative Society near Jaffna, northern Sri Lanka, the first food plant launched in this contested region since government forces regained control from the Tamil Tigers in 1996; the combatants are now negotiating a peace deal.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
SRI Lankan soap and coconut oil manufacturer BCC Lanka Ltd is to invest SL Rupees 25 million (GBPounds 180,000), in automating its coconut oil manufacturing plant, while increasing its soap production facility in order to re-launch its entire product range, which includes Sovereign Bar and Suvendra soap brands.…

BY SWINEETHA DIAS WICKRAMANAYAKA
A SRI Lankan metal company is to try and exploit the advantages of the Indo-Lankan Free Trade Agreement by exporting its aluminium extrusions to the south Indian cities of Madras, Bangalore, Trivandrum and Cochin.

Lanka Aluminium Industries Ltd is planning to team up with Jindal Aluminium, of India, in its bid to move out its small domestic market.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
A SHELL company in Sri Lanka has announced that it has tapped into a lucrative latent demand on the tropical south Asian island for solar electricity systems, installing 5,400 units out of around 10,000 in the country in its first two years of operation.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
SOFT drinks giants Nestle, Coca-Cola and Pepsi are developing ice tea products to break into a new market place in tropical Sri Lanka this summer. The three will join Hindustan Lever, which has already launched its Lipton Ice brand.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
SRI Lanka’s Bata Shoe Company of Ceylon Ltd is continuing to lose money according to a report on the first nine months of the current financial year. To September 30, 2001, the company suffered a 10 per cent drop in turnover to SL Rupees 734.5 million and also a substantial increase in its operating losses, which grew to SL Rupees 62.8 million from SL Rupees 34.4 million a year earlier.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE SRI Lankan government has struck a deal with multinational Mundogas Ltd to supply LPG to customers on the island from May. With retail prices for a 12.5 kg cylinder being between Rs. 325 and Rs.350, Columbo has claimed the agreement will help ensure supplies of reasonably priced fuel in the country.…

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
THE CEYLON Chamber of Commerce has called on the Sri Lankan government to develop, upgrade and modernise Katunayake Airport with additional runways, facilities and hotel services in the next two years in a plan ‘Strategies for Growth Leveraging the Private Sector.’…