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Sunday, 16 March 2014

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The Luxapana hydro power plant completed in 1950, plays an important role in supplying electricity to the national grid. With the prevailing drought the water capacity in the reservoir has reduced and the CEB has taken the opportunity to renovate the power plant and the tunnel. Here engineers and workers at work in the tunnel. Pic: Sudam Gunasinghe

Foot and mouth disease under control

Foot and mouth disease which has spread to seven districts is under control and spread is declining. A locally produced vaccine is being used to control the disease, Director General of the Department of Animal Production and Health, W.K. de Silva told the Sunday Observer.

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Sri Lanka Development Bonds oversubscribed

Sri Lanka Development Bonds (SLDBs) issued by the Central Bank to raise US$ 60 million was oversubscribed by 3.1 times and analysts said that it demonstrates the confidence investors have the stability of the Sri Lankan economy.

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‘Purpose-built venue vital to boost MICE tourism’

The contribution of MICE (Meeting Incentives, Conference and Exhibition) tourism sector to the economy has doubled with the improvement in infrastructure and the promotion of destination for events, said Lanka Exhibitions and Conference Services Ltd, Chairman Arjun Dharmadasa.

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National Medicinal Drug Policy hailed

The People's Movement for the Rights of Patients (PMRP) welcomes Health Minister Maithripala Sirisena's decision to present draft legislation for the National Medicinal Drug Policy based on Prof. Seneka Bibile's essential medicines concept. The draft was presented by the Health Minister to President Mahinda Rajapaksa on Monday.

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Green Energy project financing:

DFCC Bank at the forefront

DFCC Bank which is in the forefront of developing the green energy sector in Sri Lanka, recently conducted a capacity building program on ‘Energy Efficiency and Solar Net Metering’ for the corporate sector. The program, which is one of several on the theme ‘Green Energy’, discussed aspects such as monetary and environmental impact of energy consumption, energy efficiency applications,

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SES-BIO launches Coolant Activator

SES-BIO Lanka will focus on developing the market for its Coolant Activator from India, said SES-BIO Lanka, Director Sajeewa Perera at the launch of the Coolant Activator last week. He said that the company has discussed with the BOI to set up a manufacturing line Sri Lanka.

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