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Sunday, 11 December 2011

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The offshore view of the new Colombo South Port captured by Sunday Observer staff photographer Tilak Perera on a Jetliner cruise.

$ 125 million investment:

SLPA to build 400m berth

The Sri Lanka Ports Authority (SLPA) will launch a fast track project to construct a 400m long berth in the newly constructed Colombo South harbour, Chairman SLPA, Priyath Bandu Wickrama told the Sunday Observer. The total investment of this fast track project will be around $125 m.

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Five-star Christmas delights

Christmas in Colombo will be celebrated in style with the five-star hotels twinkling with Christmas lights, setting up their decor and bringing the best choirs to sing carols. Special Christmas theme parties, Christmas hampers,

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Upcountry train service for festive season

The CGR launched a train service between Colombo Fort and Bandarawela for the school vacation and festive season for local tourists, Commercial Superintendent of CGR, Sisira Kumara said. The train will leave Colombo Fort at 9.15 am and reach Bandarawela at 5.20 pm.

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Budget 2012 conducive to exports and logistics - Shippers’ Academy

The shippers’ academy views the proposals made at the budget 2012 as a positive budget in respect of exports and logistics said Shippers’ Academy President Rohan Masakorala. He said although exports were growing we have seen over a period of time exports as a percentage of GDP has been decreasing and that was not so healthy situation.

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SL earns $ 7.7 b on exports - EDB Chairman

Sri Lanka has achieved over 80 percent of this year’s exports target and earned $7.7 b by September, a 27 percent increase compared to the same period in 2010, said EDB chairman Janaka Rathnayake. Our exporters achieved these encouraging results, despite constraints and challenges they faced domestically and overseas.

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North gears for mega industrial growth

A large number of micro level industries has been developed in the North and most of them cater to the local markets, Chamber of Commerce and Industries of Jaffna Chairman K. Pooranachandran said. Sea food items are despatched under refrigeration and sent to Colombo for processing and later for sale on the Colombo markets. Vegetables and onions are transported to Dambula market on a regular basis.

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