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Sunday, 22 March 2015

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Daya Aviation launches helicopter service : Daya Group (Pvt) Ltd which ventured into the aviation industry in 2008 as Daya Aviation (Pvt) Ltd, has introduced a helicopter for commercial purposes. The multi-role rotocraft, the EC 130 T2, will provide passengers VIP comfort. The fleet includes a four-seat Beech Craft Baron, 19-seat Jet Stream 32 and a 14-seat Cessna Caravan. At present the company flies to 15 destinations in Sri Lanka. President Maithripala Sirisena, State Ministers Ruwan Wijewardena, Rosy Senanayake, Karu Jayasuriya, Gamini Jayawickrema Perera and Deputy Minister Eran Wickramaratne were also present. Pic: Saliya Rupasinghe

Controversial Treasury Bond issue:

Credibility of market at stake

The controversial Treasury Bond issued by Central Bank Governor Arjuna Mahendran has caused a major scandal and tarnished the image of the Government which came into power to bring about good governance, according to public opinion.

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'Mega projects suspension may impact FDI inflow'

The business community has raised concern over the government’s decision to delay on-going foreign-funded mega investment projects, as it may have an adverse impact on investor confidence and FDI inflow.

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ICT industry targets US$ 1b in exports this year

Sri Lanka’s ICT industry is expected to reach US $ 1 billion in exports this year. The sector’s contribution has significantly increased recording a 123 percent growth over the past five years. The country has launched an ICT value survey to find out the national hi-tech exports it achieved in 2013-14.

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C. W. Mackie introduces new flavour to market

C. W. Mackie PLC, the local bottling, distributing and marketing partner of the international Danish brand ‘Sunquick’ added a new flavour - Sunquick Gold, to the local market recently. “Our company will be exploring the possibility of increasing local value addition.

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Lapses in law implementation worsen women's plight

Added to the magnitude of problems women face, lapses in implementing laws to penalise perpetrators of rape have raised eyebrows in civil society and women's rights organisations. Limitations and loopholes in the law have enabled sex offenders to get away and continue to commit the crime.

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Japan-Lanka trade growth to continue

Sri Lanka's trade with Japan has grown during the past two years from over a decade of fluctuation. Trade between the two countries rose from around US$ 894 million in 2013 to US $1,167 million last year. Trade between the two countries stood at US$ 770 million in 2012.

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'Port City should not undermine environment’

The Port City project is good for the economy but its implications on the environment must be looked into, said Central Environment Authority (CEA) Chairman Prof. Lal Mervin Dharmasiri at the launch of the Ceylon National Chamber of Industries (CNCI) Achiever Awards which will be held on September 3 in Colombo.

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