Rubber cultivation in non traditional areas

The Ministry of Plantation and the Rubber Research Institute (RRI) has taken steps to extend rubber cultivation to non traditional areas in the country, especially in the dry zone, said Dr V.H.L.Rodrigo of the Adaptive Research Unit of the RRI. He said that with the liberalised economy, rubber-based industries are booming in Sri Lanka targeting local and export markets.

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Tourism thrives in the North

The tourism industry in Jaffna is developing at a rapid pace with the construction of hotels, expansion and renovation of properties, said Jaffna Chamber of Commerce President K. Poornachandran. He said the Chamber is supporting the initiatives undertaken by hoteliers to set up hotels that will boost the tourism industry in the North. Many hotel operators have shown a keen interest in building hotels in the North which is fast becoming a preferred destination for tourists.

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2012 KPMG Global Construction Survey:

Construction companies to meet infrastructure demand

The Great Global Infrastructure Opportunity surveyed 161 engineering and construction companies around the world with revenue ranging from US$ 250 million to more than US$5 billion. “With increased scale comes complexity as global industry players navigate a tough political, commercial, regulatory and governance environment which will test their risk management ability to the maximum extent,”

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Haycarb’s nine month Sales Rs 5.9 billion

Haycarb PLC has reported a revenue growth of 25 per cent to Rs 5.9 billion for the nine months ending 31st December 2011, with stable demand for the Company’s product portfolio supported by improvements in the global marketing, manufacturing and supply chain activities.

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