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DateLine Sunday, 27 May 2007

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Cinnamon industry faces new challenges

Sri Lanka's Cinnamon industry has faced a new challenge in our main markets as some buyers demand a new standard on sulphur dioxide residue and experts fear that if solutions are not found it will adversely affect the industry.

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WB grants $ 32 m for infrastructure and houses in Puttalam

The World Bank provided a concessional loan of US$ 32 million for infrastructure development and housing projects in the Puttalam district. The loan agreement was signed on Friday by WB country Director Ms. Naoko Ishii and Treasury Secretary Dr. P. B. Jayasundera.

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New Bill on electricity will protect consumers

The Sri Lanka Electricity Bill which will be presented in Parliament shortly will empower the Public Utilities Commission of Sri Lanka to regulate and monitor the performance and expose corruption and malpractices of the Ceylon Electricity Board and all affiliated institutions, PUCSL, Director General Prof. Priyantha Wijetunga said.

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