New plant to produce 500 MPa and above rods :
Steel Corp to launch $ 80 m steel village
Construction material manufacturers are
expediting operations to capitalise on the construction boom in the
country following mega projects being rolled out by multinational
companies. Steel rod manufacturers are among the beneficiaries of
the expansion in the construction industry which is a major
contributor to the economic growth of the country.
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Chemical imports to be regulated
Sri Lanka will regulate the use of hazardous
chemicals and monitor industries that use them to draw international
investments into the chemical sector and to create industrial
awareness, “I am glad to record that my Ministry has commenced
designing a Chemical Emergency First Responders’ Plan.
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SMS Holdings to build fifth factory
SMS Holdings (Pvt) Ltd, the market leader in
interlocking paving blocks will invest Rs 40-50 m to build its fifth
factory in Batticaloa. Construction work will start on October 14.
Chairman and Managing Director of the company Shehan Senevirathne
said that they enjoy a market share of 60 percent and export to the
Maldives as well.
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'Steve Jobs will be truly missed'
The passing away of Steve Jobs, co-founder and
chairman of Apple Inc. is a huge blow to the e-age which the world
believes that the leading light in the digital age has been lost.
National Chamber of Commerce of Sri Lanka, President Asoka Hettigoda
said that Jobs revolutionsed the way of doing business. His
innovations have changed lifestyles.
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Janashakthi launches livestock insurance
Janashakthi Insurance launched the Janashakthi
Livestock Insurance Policy. Private owners, dairy farms,
co-operatives, corporate dairies and livestock breeders across Sri
Lanka will have access to Janashakthi’s Livestock Insurance Policy
through which they can insure cattle,
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