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DateLine Sunday, 3 June 2007

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Two workers at Solideal Loadstar factory put the finishing touches to large construction vehicle tyres at a plant in Kotugoda recently. As stated in a report released, May 30, 2007, the world’s biggest solid tyre maker is trying to double its turnover and make Sri Lanka a key exporter of rubber products. Raw rubber has been Sri Lanka’s second largest export commodity after tea, but a Belgian-Sri Lanka joint venture is trying to re-invent the way wheels are made and make the island a centre for tyres. AFP

Empower oversight committees to deal with corruption, malpractices - COPE chairman

The Committee on Public Enterprises is not a white elephant and another report similar to other committee reports that are put under the carpet but has exposed corruption and malpractices of officials in public enterprises who will be taken to task, said Chairman COPE, Wijedasa Rajapaksa at a Key Person Forum organised by the Federation of Chambers of Commerce and Industry of Sri Lanka on Wednesday.

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Cocoa prices to increase further

The Department of Export Agriculture has started a new cocoa plantation in the Moneragala district to increase the extent of land under cocoa cultivation, said Director Meezan and Company (Pvt) Ltd S. Abdul Cader.

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Has CAA approved milk price increases, ask consumers

Consumers have been further burdened with the increase in milk food prices and more companies awaiting approval for a price revision from the Consumer Affairs Authority.

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