Daily Archives: February 2, 2009

Troops avert LTTE suicidal attempt to wreck disaster: ‘planned to destroy Iranamadu Tank bund’

An LTTE attempt to destroy the Iranamadu Tank bund flooding an entire landscape with 2 military divisions while raging havoc on thousands of civilians entrapped in the region was successfully averted by Sri Lankan Army troops of the 57 Division … Continue reading

Posted in Defence News | Tagged , , , , , , , , , | Leave a comment

Pelwatte Dairy Industries launch a Rs. 450 million IPO

Pelwatte Dairy Industries PLC will launch a Rs. 450 million Initial Public Offer (IPO) this month. Rs. 450 million shares will be offered at Rs. 1 each. 20% of the company’s Rs. 2.5 billion capital will be offered to the … Continue reading

Posted in Business and Development | Tagged , , , , , | Leave a comment

New BOI venture to assemble vehicles

The Board of Investment of Sri Lanka granted investment approval to W T L Automobiles (Private) Limited for a project to assemble motor vehicles for the local market. W T L Automobiles (Private) Limited signed the agreement to assemble vans … Continue reading

Posted in Latest News | Tagged , , , , | Leave a comment

We could produce highest paddy yields – Minister Hemakumara

The need for doubling the paddy yield in the country within the next few years by using improved high yielding varieties of rice coupled with advanced production and protection technologies was stressed by Agriculture Minister Hemakumara Nanayakkara at the opening … Continue reading

Posted in Latest News | Tagged , , , , , , , , , , , , | Leave a comment