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Sunday, 30 August 2015

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Tourists enjoy Lipton tea by the statue of Sir Thomas Lipton at the Lipton seat in Haputale. The country’s tea industry is striving to be more competitive with value addition and efficient agricultural processes. Pic: Susantha Wijegunasekera

Tax experts urge new Govt:

Practise good governance, not reckless extravagance

Tax experts said that adherence to principles of good governance will save large amounts of public money which the previous regime spent extravagantly on non-lucrative projects, foreign tours, tamashas and maintaining jumbo cabinets and loss-making State entities.

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Tea industry:

‘Innovation, a must to survive’

The tea industry needs to market itself in the light of new world trends affecting the trade. With Sri Lanka producing only a fraction of the total tea produced in the world, the efficient marketing of ‘Ceylon Tea’ is the only way to survive, a front line tea exporter said recently.

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Attracting FDIs:

Lanka should focus on ethical investors - Cherie Blair

Human rights is not the business of the government anymore, but it is the business of business. Economic development is not about the improvement of statistics and indicators, but about people and their aspirations,

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Industry expert says:

Suez canal expansion may benefit SL

The Suez canal expansion at a cost of over US $ 8 billion was completed recently. The Egyptian Army supervised the construction work. For one year, 400 private companies and 25,000 workers were mobilized to work on the project.

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Lanka to export butter next year - Pelwatte Dairy chief

Pelwatte Dairy Industries will produce over 700 tonnes of butter a year and will begin exports next year, Chairman, Pelwatte Dairy Industries, Ariyaseela Wickramanayake said. He said Sri Lanka imports around 700 tonnes of butter a year and added that with the increase in local production,

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