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Sunday, 29 April 2012

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Economic Development Minister Basil Rajapaksa,Health Minister Maithripala Sirisena with GSK officials at the opening

Call to reintroduce Nano Science in schools

Sri Lanka should popularise Nano Science at school level to gain economic control in nano technology- based industries. Nano Science should be re-introduced in school syllabuses said Dr. Prabath Hewageegana of the Department of Physics of the University of Kelaniya.

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GSK invests Rs 217m on tablet manufacturing facility

GlaxoSmithKline (GSK), one of the world's leading research-based pharmaceutical manufacturing company opened its pharmaceutical tablets manufacturing facility at Ratmalana last week. The factory was opened by Minister of Economic Development, Basil Rajapaksa.

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Colombo Port records 11 percent yoy growth

The Colombo port recorded an 11 percent year-on-year growth compared to the port of Singapore and Salalah said Managing Director Sri Lanka Ports Authority (SLPA), Capt. Nihal Keppetipola. He was addressing the seventh Southern Asia Ports, Logistics and Shipping 2012 Sri Lanka on Thursday.

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Domino’s to invest Rs 2 billion - CEO

Jubilant Foodworks Ltd, franchise holder of Domino’s Pizza will invest Rs 2b within the next five years, while plans are under way to open seven to eight outlets during this financial year. CEO Jubilant FoodWorks Ltd, Ajay Kaul said political stability together with the Government investing in infrastructure and promoting investments, Sri Lanka is like a shining star.

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IFC, SANASA Insurance pilot weather index insurance for farmers

IFC, a member of the World Bank Group, is working with micro-insurance company SANASA Insurance to develop flexible, affordable, weather-based agricultural insurance products in Sri Lanka to minimise the impact of crop losses due to floods or droughts.

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Costa Rica calls at Colombo Port

The vessel Costa Victoria, a cruise ship owned and operated by Costa Crociere, made its call at the Colombo harbour on Tuesday. The 292 metre-long, seven-storey vessel carrying 1,304 passengers was on its way from the Maldives to Thailand, according to Sri Lanka Ports Authority sources.

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