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Sunday, 15 July 2012

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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.

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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 Market,

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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 official.

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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.

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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.

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