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Sunday, 15 May 2011

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In brief

NCCSL assistance for SMEs

Minister of Economic Development Basil Rajapaksa was Chief Guest at a ceremony where financial assistance was granted by the National Chamber of Commerce of Sri Lanka to 150 SMEs from over 15 districts in the country. President NCCSL Asoka Hettigoda and Secretary NCCSL Sujeewa Samaraweera look on.


Indian cruise liner to South, South East Asia

The M/V Amet Majesty luxury cruise liner owned by Amet Shipping India (Pvt) Limited, will undertake voyages in South and South East Asia, covering, India, Sri Lanka, Maldives, Andaman, Nicobar, Thailand, Singapore, Malaysia and other destinations. The General Sales Agent for Amet Shipping in Sri Lanka is Ceyline Travels (Pvt) Ltd. Pic: Vipula Amarasinghe


 
 

 

 

Additional financing of $ 100m for road project

The International Development Association of the World Bank has agreed to provide additional financing of $100 million to resurface and rehabilitate two road sections from Ambepussa to Dambulla (91 km) and Kantale to Trincomalee (43 km) the Ambepussa-Trincomalee road (A6).

The finances would be used to improve the access road connecting the Eastern and Northern Provinces to the capital.

It is expected that $10 million would be allocated to the Road Maintenance Trust Fund (RMTF) for road maintenance. A Secretariat has been established under the Ministry of Ports and Highways to manage and supervise the RMTF.


CFO of Datacard USA Kurt Ishaug congratulates Chairman DMS Ruvan Ratnatunga and hands over the award to General Manager DMS Naresh Fernando. Regional Director South Asia for Datcard USA Shirish Rege looks on.

Datacard USA rewards DMS

Datacard Corp USA, a world leader in secure identity and financial card issuance systems recently conferred two awards to Data Management Systems Ltd (DMS)- the local Distributor for Datacard systems and solutions for achievements in selling and implementing secure card-based systems solutions to large and blue chip companies and for being the supplier of financial cards (Debit, Credit Chip Smart and ATM cards) issuance systems commanding 90 percent market share.

The prestigious Breakthrough Award was for winning large contracts for new business in a relatively small market when compared with other larger and more developed markets in the geographical areas such as China, India, Japan, Korea, Australia, Indonesia and Thailand.

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