Tea industry anticipates $ 1.5 b export turnover
Tea exports to the Middle East have picked up
amidst the turmoil in the region, tea exporters said. They said the
crisis in the region has caused delays in shipments and payments
during the past six months which has been a turbulent period for
many countries.
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Pelwatte full cream milk powder in the market shortly
Pelwatte full cream milk powder will be
introduced to the market shortly by Pelwatte Dairy Industries (Pvt)
Ltd owned by founder and chairman of Master Divers and Pelwatte
Sugar Industries Ltd Ariyaseela Wickremanayake.
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Cement crisis to end soon
The cement crisis will be solved soon ensuring a
quality product at a reasonable price, said Cooperatives and
Internal Trade Minister Johnston Fernando at a ceremony to launch a
loan scheme for non LP Gas users on Friday.
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Gem-mining grows by 7.9 percent
The gem mining sub-sector grew by 7.9 percent in
2010. The gem and jewellery exports too reported 1.56 percent growth
in 2010. Even in the first-half of 2011, increased earnings from
mineral exports were led by higher exports of gems which increased
by 35.5 percent in the first half of 2011, according to the Central
Bank.
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Mega trade investment and tourism initiative
Sri Lanka Expo 2012, a mega trade investment and
tourism promotion initiative will be held from March 28 -30, at the
BMICH, under the theme “Partnering with the Hub of Asia.” It was
launched last week in Colombo.
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