OTHER NEWS "Holistic" approach to waste management SANASA DEVELOPMENT BANK MAINTAINS ITS GROWTH MOMENTUM Colombo stocks slide on negative judgment on JKH CCC AGM – Jayampathy takes over    Advertisement Print Version | Email to friend Excon 2008 begins 09-05-2008 Local Construction and Engineering Services Minister Rajitha Senaratne opens Sri Lanka’s premier construction exhibition Excon 2008 in Colombo on Friday. The exhibition is designed to facilitate the enhancement of industry capacities and competitiveness by promoting linkages among different stakeholders drawn from large multinationals to the SME sector. It is the gateway to the establishment of strategic partnerships and the expansion of markets. This is an ideal opportunity to promote and discover new products services and appropriate technology. Inaugurating the Excon 2008 exhibition Minister Rajitha Senaratne said the local construction sector would receive cement and river sands soon. At present the ministry is working with private and public sector institutions to ease Sand shortage and shortage of cement. Due to the global demand cement has a huge demand from various countries. Sri Lanka has already discussed with the private sector how to reactivate the Kankasanthurai cement plant, which is now idling. One of India’s leading cement makers Birala Group has already made their bids before the government of Sri Lanka to reactivate the KKS Plant. The Minister said the national construction chamber helps to increase the contribution of the construction industry to the GDP from 7.4 percent to 15 percent. Speaking on the occasion Chairman of the National Chamber of Construction Industry Deshabandu Surath Wikremasinghe said Excon 2008 provides opportunities for local and international venders to meet their target clientele. Addressing the gathering CEO of the Chamber Dakshitha Thalgodapitiya explained the event would be attended by leading consultants ,developers ,contractors vendors and professional service providers. Around 30 thousand visitors from Sri Lanka and foreign guests from India UK and Qatar are expected to visit this exhibition. Print Version | Email to friend

"Holistic" approach to waste management Wed, 23-07-2008 13:00:00 Staff at the UN Office for Project Services (UNOPS) who manage a waste-management project in the southeastern Sri Lankan District of Ampara consider it a sign of success when town residents complain that their rubbish needs collecting. "When we started [the project] there was very little awareness of the negative aspects of improper disposal or of proper waste-management systems," Gary Morris-Iveson, UNOPS's programme manager for environmental restoration in Ampara, 350km east o... |FULL STORY|

SANASA DEVELOPMENT BANK MAINTAINS ITS GROWTH MOMENTUM Tue, 22-07-2008 20:00:00 The SANASA Development Bank (SDBL) has recorded yet another impressive performance for the first half year ending 30th June 2008. The Bank has recorded a pre-tax profit of Rs.124.5mn as against Rs.83.6mn for the corresponding period ending year 2007, which is an increase of 49%. Despite the adverse impact of the security and the economic conditions the bank was able to maintain its growth momentum said General Manager/CEO, Mr. Nimal Mamaduw... |FULL STORY|

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Colombo stocks slide on negative judgment on JKH Tue, 22-07-2008 09:00:00 John Keells Holdings’ (JKH) stocks slumped on Tuesday when trading opened in the Colombo bourse on the back of yesterday’s Supreme Court judgement of 2002 privatisation of Lanka Marine Services (LMS). There was anticipation of a similar (judgement) outcome in the dispute over the Sri Lanka Insurance Corporation (SLIC) privatisation also being contested in the Supreme Court, which could negatively impact on SLIC subsidiary Distilleries Corporation shares. “The LMS ruling ha... |FULL STORY|

CCC AGM – Jayampathy takes over Tue, 22-07-2008 09:00:00 Jayampathy Bandaranayake, chairman of Ceylon Tobacco Co (CTC), took over the reins as chairman of the Ceylon Chamber of Commerce yesterday at the chamber’s annual general meeting. Chief Justice Sarath N. Silva, chief guest, was unable to attend as he was indisposed, chamber officials announced at the event. Anura Ekanayake, formerly from Unilever and now a business consultant, was elected Vice Chairman and Susantha Ratnayake, Chairman of John Keells Holdings (JKH) as Deputy Vice Ch... |FULL STORY|

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