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Sunday, 8 February 2015

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In a capitalist market economy everything has a price and, therefore, many business opportunities are available. The palmyrah palm has a market because it is used to make fences of farmlands in the Northern and the Eastern provinces. Though the business is not lucrative, thousands of people engage in it to earn their day-to-day living. This picture of palmyrah palm being transported was captured by our staff photographer Susantha Wijegunasekara in Jaffna last week


Central Bank will function independently - Dr. Harsha de Silva

The government will raise household income levels by generating new income avenues which will enable people to save and lead a better quality of life, said Plan Implementation Deputy Minister Dr. Harsha de Silva at the launch of the book,

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'Much potential in leather industry'

The footwear and leather industry in Sri Lanka has been identified as a value added manufacturing sector that has taken up the role of generating export revenue and employment opportunities. “It is necessary to strengthen and sustain the image of the footwear and leather industry as it has the potential to become a vital component in the export revenue basket,

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Marketing Sri Lanka via film tourism

Tourism and Sports Minister Navin Dissanayake has invited the leading French TV channel NT 1 to film the prime time TV program ‘Bachelor' (French version) in Sri Lanka in line with the global trend of marketing tourist destinations via film tourism.

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Six UNIDO projects in the pipeline

Sri Lanka has called on the UN for direct, wider engagement in its industrial sector for the first time. “UNIDO is ready to move ahead with Lankans and the new government. Six UNIDO projects are in the pipeline for Sri Lanka,”

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Robotic technology, a promising area for development

Robotic technology is one of the thrust industries for which Sri Lanka has the potential and, therefore, a promising area for development, Prof. Rohan Munasinghe of the University of Moratuwa told a robotic workshop organised by SLASSCOM at Trace Expert City, Colombo last week.

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Inflation increases to 3.2 percent in January

Inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) increased to 3.2 percent in January 2015 from 2.1 percent in December 2014, on a year-on-year basis, as a result of the increase in food prices.Annual average inflation declined marginally from 3.3 percent in December 2014 to 3.2 percent in January 2015.

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