UNIDO launches $15.9m bamboo project
The United Nations Industrial Development
Organisation (UNIDO) has launched a four-year project to develop
bamboo plantation in Sri Lanka as an energy crop, UNIDO (Sri Lanka)
Director, Nawaz Rajabdeen said.
Vegetables prices on downward trend
The continuing drought has disrupted food
supply, causing a sharp increase in prices of all food items.
Vegetable prices have increased, but the trend reversed last week
with increased supply, market sources said. Prices of some
vegetables dropped last week and traders in the Pettah Manning
Use of credit cards on the rise
The use of credit cards in Sri Lanka has
increased due to rapid lifestyles changes and the soaring cost of
living, bank sources said. The demand for credit cards and the
number of transactions has increased said a Commercial Bank
ITI automates street lamps
The Industrial Technology Institute(ITI)
launched a project last year to automate street lamps to check
electricity waste. Phase one of the project is a timer - based
switch attached to the street lamp where the sunset time and the
sunrise time for 365 days is programmed.
Apparel exporters call for Govt intervention
The apparel industry will not be able to stand
the 30-40 percent wage increase demanded by trade unions and such a
huge wage increase will be detrimental to the industry which is
already affected on many fronts, Chairman of the Apparel Exporters
Association (AEA), Rohan Abayakoon said.