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Deveni Batha to meet nutrition needs:
Raigam goes for Rs 300m noodle product
Raigam has introduced Deveni Batha, a 100 percent
rice product to fill the much-needed gap in nutrition. Deveni Batha,
will cater to the needs of Sri Lankans in taste and nutrition.
Formulated out of 100 percent rice flour, it is the much-anticipated
solution to dependency on wheat.
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Gem and jewellery exports target $ 1 billion
Gem and jewellery exports have increased with
Russia, China, Italy and many Middle East countries showing
tremendous interest in Sri Lankan gems, Sri Lanka Export Development
Board (EDB), Chairman Janaka Ratnayake said. He was speaking at the
Jewels Sri Lanka an international gem and jewellery exhibition at
the BMICH on Friday.
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People’s Leasing and Finance to raise $100m from ME investor
People’s Leasing and Finance PLC, the largest
non-bank financial institution plans to raise $ 100 m from an
investor in the Middle East. “We are negotiating with an investor in
the Middle East to raise funds to finance the company’s future
working capital requirements. The company is positive of forging a
deal to acquire foreign funding by next year,”
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BoC among top 1,000 global banks
The Bank of Ceylon received global recognition
as one of the top 1,000 banks in the world, by the banking and
finance magazine, 'The Banker'. The top 1,000 banks were selected
for their achievements by global leaders in the industry. The
rankings are one of the industry’s most widely used index of global
banking,
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German companies focus on excellence
German companies are focused on excellence and
are not out to betray one another, said German Ambassador Dr. Jurgen
Morhard at the National Business Excellence Awards (NBEA) of the
National Chamber of Commerce (NCCSL) on Tuesday. He said that
Germany is a model of how to run an economy successfully.
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Sri Lanka hosts UN Global Compact’s Exchange program
Global Compact Network Ceylon hosted the United
Nations Global Compact’s Local Networks Exchange program in Sri
Lanka recently. Organised jointly with the UN Global Compact Office
in New York, the four-day event convened Global Compact officials
and representatives of local networks from Sri Lanka, India, Egypt,
Indonesia and Bangladesh.
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