Search
Wednesday 15 August 2018
  • :
  • :

Category: Business

Yala (Sirupokam) paddy cultivation only in 1,633 Hectares in Mulaitheevu District

Paddy

It has been announced that Yala paddy cultivation had been undertaken only in 1,633.5 Hectares in Mulaitheevu district. Due to the prolonging drought, in Mulaitheevu District, various affectations...

High demand for bottled Palmyrah Cream

Palmyrah cream

The Production unit of the Palmyrah Development Board, said that the palmyrah cream produced during last year’s season had been bottled safely and is being issued to consumers now. Board extracted...

Rubber cultivation successful in Vavuniya, Kilinochchi and Mulaitheevu

download

The Advisor to the Plantation Ministry, Lakna Paranavithane said that the government is taking action to encourage Rubber Cultivation in North and East, like in the hill country. Small scale Rubber...

Onion cultivation in 1,900 hectares this year in Jaffna

onion bulb1

The Farmers of the Jaffna peninsula are getting ready to cultivate onions in 1,900 hectares the Agricultural Department said. As this month is not conducive for onion cultivation, they getting ready...

Hand-loom textile industry to be revived in the North

Hand_loom_in_Devikapuram

The Textile Industry in the North which was in a stagnated state for more than 35 years is to be revived, and action is to be taken to develop this industry. The shortages of Raw materials and the...

Production of Dry Fish had increased in Jaffna District

toscreency90

The statistics of the Jaffna District Fisheries and Aqua Resources have indicated that the production of dry fish had increased in stages compared to the past months. Further, fishing is undertaken...

Facebook’s value dropped £41 billion last week

Subash

Subash Shangary, Managing Director, Berkeley Private Wealth, 23, Berkeley Square, Mayfair, London, W1J 6HE Facebook as we all know is one of the most popular social media platforms to date....

Project for modernizing Grapes cultivation in Jaffna

grape

The Secretary to the NPC Ministry of Agriculture, S.Sathiyaseelan has said that projects for modernizing the grapes cultivation and the Palmyra based products will be undertaken stage by stage. He...

Palmyrah Jaggery ( Panai Vellam) produced in Jaffna, sold out on the day of the production itself

f9a4a63774a866a53593ab47226420d6

High demand exists among Foreigners and Southerners in recent times. All Vellam (sugar) produced are being sold out on the day of the production itself, it is learnt. Seasonal production of Palmyrah...

Annasi harvest at Arasapuram

Pineapple

Pineapple (Annasi) which had been cultivated at Arasapuram, Poonakary, Kilinochchi have been harvested on a commercial basis. A ¼ acre plot which was cultivated with Annasi, in Arasapuram,...

New variety mango trees given to 5,500 persons

mango

The Agriculture Department of Jaffna District has introduced  the cultivation of a new variety of “ Tommy EJC”  Mango trees. So far 5,500 trees have been given to the people and the recipients...

Local consumers in Jaffna deprived of Sea Food

fish-market

Sea Foods like Crabs, Cuttle Fish and Prawns have become rare species in the local fish markets. In the local markets of Jaffna, Crabs, Prawns and Cuttle fish are being sold at Rs.700, 1,400 and...

New variety plantain strains cultivated successfully in the North

Cavendish-Banana

Three new strains of plantain trees have been obtained from research stations in the country and given them to our farmers said the Provincial Deputy Director Agriculture, A.Selvarasa. Elaborating...

Abundant! 70,000 Kgs. of Palmyrah cream up to now, Manager Kopalakrishnan

Palmyrah

The amount Palmyrah cream obtained from Palmyrah fruits collected by the Palmyrah Development Board this year had reached 70,000 Kgs. mark, up to now, this year, said the Palmyrah Development Board...

Special zone in Uduvil to harvest, ripen and sell mangoes safely: says Provincial Agricultural Research Officer

uio

A special project  is to be undertaken soon to harvest, ripen and sell mangoes in Jaffna. As a step stage, a special Zone is to be set up in Uduvil, it was announced in the Agricultural Coordinating...

No Export resources. Grapes production curtailed locally: Grapes Producers

ggggggggggggg

The Grapes producers have expressed concern that their products are being curtailed within local marketing. Grapes harvesting is in progress now in the Jaffna District. In the Jaffna District Grapes...

Fisheries Ministry takes action to encourage Sea Algae cultivation in the North

sea algae

The Ministry of Fisheries has announced that it is intending to take action to give continuous training in the North for cultivating Sea Algae and through that to increase the income level of the...

Foundation stone laid for Salt Production Establishment

150391755734646

The foundation stone for the new office block of the “Mannar Manthai Salt Industry”  has been laid yesterday and the State Circuit Bungalow also was declared open along with it. Minister...

Blue Swimming Crabs – New target for southern companies: accuse Island fishermen

Flower crab, Blue crab, Blue swimmer crab, horse crab for sale

Action has been taken to identify areas with strong concentration of Blue Swimming Crabs ( Boatunes pelagikos) in the guise of research and then granting license to southern companies exclusively to...

Palmyrah Development Board plans to store 30,000 litres of Palmyrah cream

palmyrafruit

Palmyrah development Board, Jaffna has announced of their plan to store 30,000 litres of Palmyrah Cream(Panakkali) during this palmyrah fruit season. The varieties of Palmyrah cream based products...

5 Billion barrel crude oil and 9 Trillion natural gas in the sea beds of Mannar, says the Public Accounts Report

mannar oil

The Chairman of the Sri Lankan Public Accounts Committee , MP, Lasantha Alagiyawanna has announced that, it had been found out that there are 5 Billion (5x 10 9 )  barrels of crude oil and 9...

Diaspora Tamils eager to purchase Palmyrah Jaggery: says S.Thuraisingam, GM

jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj

The General Manager of the Kilinochchi Palm Development Cooperative Societies Union, S.Thuraisingam said that, now our migrated people are showing much interest in buying Palmyrah Jaggery . As the...

Indian EXIM Bank pledges 45.27 Million Dollars for the Renovation of KKS Harbour

EximBank

Indian EXIM Bank has pledged US$ 45.27 Million for the renovation of the Kankesanthurai Harbour. The Cabinet has approved to discuss terms with EXIM Bank of India and to entering into an agreement...

Pineapple harvest festival in Vavuniya

IMG_0063-768x576

The harvesting of Pineapple cultivated at the Vavuniya Agricultural Department’s Muruganoor Farm was held yesterday. This Pineapple plants were cultivated as intermittent plants in between...

IMF says reforms lagging behind timelines in Sri Lanka

imf-759

The IMF on Tuesday said Sri Lanka should take “decisive” actions to maintain reform momentum after it was found that the country’s progress on implementing structural benchmarks were...

Chinese Communist team inspects Sri Lanka port, airport

china

A Communist Party team from China’s business capital has inspected an airport and port built by Chinese in southern Sri Lanka as part of a visit to scout for investment opportunities. The...

Sugar Factory to be established with Japanese funds

BOI-1

The Sri Lanka Investment Board reported yesterday that it is being planned to establish a sugar factory next year in Vavuniya with funds from Japan. The Chairman of the Sri Lanka Investment Board,...

Interest on enterprises should be generated among women, Wigneswaran in the Anniversary of NORO Solutions

Noro-17

While saying that, motivation and interest should be generated amongst women of the Northern Province regarding Research and Outsourcing enterprises, the CM, NPC, C.V.Wigneswaran, also said that he...

Potatoes cultivated in 130 Hectares in Jaffna, says Director of Agriculture, Jaffna

potato

Jaffna District Director of Agriculture, A.Selvarasa said that Potatoes cultivation has been undertaken in 130 hectares in Jaffna this time and  50% subsidy was granted to the Potatoes farmers. The...

Incentives for Murungai Export in North: Hayley’s Limited issues 1Million plants

Drumstick Cultivation

Action has been taken to encourage Murunkai Cultivation through issuing 1 million Murunkai plants in the North. Haley’s Multi National company is inaugurating this project in the North by issuing...

Potato cultivation in 90 hectare land in Jaffna District

potato-farming

Estimates are being made for the planting of potatoes in 90 hectares in Jaffna District. Major part of the cultivation of potatoes in Jaffna District had been undertaken in Vali East Divisional area....

Crops in 42, 000 acre has gone dry in Trincomalee

drought

Paddy and other subsidiary crops cultivated on 42,000 acre in Trincomalee have gone dry due to the Monsoon rains have failed, said the Deputy Director of District Department Agriculture and...

WhatsApp is going to share your phone number with Facebook

5

Global messaging service WhatsApp says it will start sharing the phone numbers of its users with Facebook, its parent company. That means WhatsApp users could soon start seeing more targeted ads on...

Brandix ranked Sri Lanka’s top exporter in 2014 and 2015

HKKJ

The Brandix Group won a remarkable 11 awards including the Exporter of the Year awards for 2014 and 2015 at the Presidential Export Awards last evening, taking the top honours at this prestigious...

Microsoft to host machine learning event in Bangalore

04IN_MICROSOFT_2958480f

Software giant Microsoft will host the maiden edition of its Machine Learning and Data Sciences Conference in India this year, highlighting importance of the Indian market in terms of future...

Central Bank wants private credit to expand not more than 20% in 2016

hkjk

Sr i La n k a ’ s Central Bank said it wanted to slowdown the growth in private sector credit to 20 percent by the end of 2016 while the money supply in the economy, measured by broad money (M2b)...

Seylan Bank keeps up momentum – Records Profit after Tax of Rs. 1,755 Million during 1H 2016

PHOTO-Kapila-Ariyaratne--620x360

Despite a somewhat turbulent and challenging business environment Seylan Bank recorded a strong half yearly performance with Profits after Tax reaching Rs. 1,755 Million, for the 6 months ended 30th...

Inward mission to give Lankan tech companies platform for business in Australia

image_1469625151-3245fa7f2c

Twenty-five Sri Lankan technology companies are being given opportunities to pitch for business and for potential investment from a high-level Australian business delegation set to visit Sri Lanka...

COYLE continues partnership with Dialog as exclusive telecommunication partner

image_1469627075-fdfa238ab5

The Chamber of Young Lankan Entrepreneurs (COYLE) expressed its appreciation to Dialog Axiata PLC for its valued partnership and recognized Dialog Axiata PLC Group Chief Executive Dr. Hans...

Economic Center for North to be located in 2 places , suggests Ranil

Ranil-Wickremesinghe-

The Prime Minister has suggested that to eliminate the uncertainty in deciding the location of the Economical Centre for North, the centre could be located in 2 places. It is also learnt from...

India and China to get special economic zones in Sri Lanka

india china sri lanka

India and China will be allotted Special Economic Zones in Sri Lanka for them to set up industries, the Minister International Trade and Strategic Development, Malik Samarawickrama told media  on...

MAS Holdings-Flex partner to drive innovation in wearable technology for clothing

image_1469463879-0d6fbd3548

MAS Holdings partners with Flextronics International Ltd, a leading Sketch-to-Scale solutions company that designs and builds intelligent products for a connected world. With approximately 200,000...

Thailand’s Siam City Cement bags Holcim Lanka for US $ 373mn

image_1469507020-bbb4691c2a

The Thai cement industry leader Siam City Cement Public Company Limited (SCCC) acquired Holcim Lanka Limited (HLL), the Sri Lankan unit of the world’s largest cement manufacturer LafargeHolcim, for...

Singapore, Sri Lanka aim for trade deal

ranil in singapoore

 Singapore and Sri Lanka have started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state’s trade minister says. Sri...

U.S.-Led Trade Pact Will Fail Without China: Sri Lanka PM

Ranil

A U.S.-led trade pact that would cover about 40 percent of the global economy won’t be successful unless it includes China and India, Sri Lankan Prime Minister Ranil Wickremesinghe said. Speaking...

2nd Coconut triangle encompassing Jaffna-Mannar- Mullaitheevu declared yesterday

Naveen

Minister of Plantations, Naveen Dissanayake yesterday declared Jaffna – Mannar – Mullaitheevu as the 2nd Coconut Triangle Region yesterday. The Minister who was a visit to Jaffna yesterday,...

CMC gives financial assistance to 100 mosques in Colombo

ddddd

One hundred mosques in the Colombo Municipal Council limits were granted financial assistance by the Colombo Municiapal Council at a simple event held recently. Kolonnawe flood victims were also...

India’s engineering export to Sri Lanka decline by 90%

engineering exporters'

India’s engineering shipments to key markets like Sri Lanka, UAE and China plummeted in April amid a 19 per cent decline in the sector which slipped in terms of its contribution to the...

Milk Production Plant opened in Poonakary

poona

Milk Production plant in Mukkomban Poonakary in Kilinochchi was opened by Canadian High Commissioner Shelly Whiting at a simple ceremony. The Milk production and product processing plant will provide...

Sri Lanka to update bankruptcy law

bankruptcy law

Sri Lanka is to modernise its bankruptcy law to meet present day needs and improve conditions to do business in the island, a spokesman said. Media Minister Gayantha Karunathilake said provisions of...