Sunday Observer Online


Sunday, 19 June 2016


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Marriage Proposals
Government Gazette
health drink: The company is also trying out new, neutral tastes and bases such as coffee for Samahan to promote it as a healthy drink among people across the globe.

CIC steps up agriculture, health care businesses

Joint ventures with Pakistan and Israel:

CIC Holdings Plc is working on joint ventures with Israel and Pakistan to strengthen two of the company’s main business sectors – agriculture and healthcare/pharmaceutical products. The company is investing Rs. 1 billion to launch the cultivation of vegetables in greenhouses using the latest technology.


Milestone in Broadband technology

Sri Lanka set up another milestone on the region’s Broadband Technology landscape on Friday with an exposition of South East Asia’s first 4.5G demonstration featuring download speeds of over 1Gbps (Gigabits per second). The capability test was carried out on the Huawei Technologies’ LTE infrastructure of Dialog Axiata, a 4G network provider.


IMF stresses need to widen tax base

Sri Lanka needs to raise its tax to Gross Domestic Product (GDP) ratio in the mid-term to around 15% to boost government revenue and reduce borrowing, IMF Mission Chief for Sri Lanka, Todd Schneider told journalists via a video conference at the World Bank office in Colombo last week.


Megapolis Plan to be institutionalized

The proposed Western Region Megapolis Plan will be institutionalized through an Act of Parliament to ensure it remains intact as a stable ‘national policy’, Head of Investment, Megapolis Project, Nayana Mawilmada told a group of Ceylon Chamber officials last week.

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