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LankaWeb – Rubber, the Tree of economic development - Vimarsana News

LankaWeb – Rubber, the Tree of economic development

Posted on January 27th, 2021 Rohan Abeygunawardena ACMA, CGMA. When I was a kid while helping with homework, my mother told ‘’look at this eraser, it is made in England, but do you know this is made out of rubber from our country?’’ That was in early sixties. Then in mid-sixties my father showed me a newspaper heading ‘’Soviet Union to build a Tyre factory in Kelaniya.’’ Since I was fascinated by motorcars, although our family couldn’t afford one, I thought ‘’how nice if I get an opportunity to work in that factory.’’ I got that opportunity. ...

LankaWeb – The Special Sri Lankan Elephant and the Import Export Trade. - Vimarsana News

LankaWeb – The Special Sri Lankan Elephant and the Import Export Trade.

Posted on January 24th, 2021 Ashley de Vos Stemming from the advice given by Arahat Mahinda to King Devanampiya Tissa (3 C.BCE), that all beings including the animals in the forest and the birds in the air have a right to live, tradition dictated that all precious resources, are always protected. The thick forest covered hills and mountains, referred to, by Ferguson (1815) as black, leach infested and full of animals”, were dedicated to the Gods or Devas, and as a royal decree ensured its continuous protection, very few went in to desecrate it. The central highlands...

Winners of Korean language speech contest felicitated - Vimarsana News

Winners of Korean language speech contest felicitated

On January 21 ambassador Santhush Woonjin Jeong had the pleasure to meet the winners of the Korean language speech contest and felicitate them at the Korean embassy. The ambassador offered congratulations to the winners and expressed his appreciation for their excellent skills in speaking Korean. Due to the prevailing pandemic, the Korean language speech contest was held online last December as an event of “Korea Week”. The embassy of the Republic of Korea in Sri Lanka in collaboration with the Kandy King Sejong Institute Center successfully organized the Korean language speech contest a...

Source: island.lk
Mystery surrounds dropping of two vital hydro power projects by CEB during yahapalana rule - Vimarsana News

Mystery surrounds dropping of two vital hydro power projects by CEB during yahapalana rule

By Ifham Nizam    The Power Ministry will go all out to complete the 35MW Broadlands Hydro power plant next month especially to cut down expensive oil fired power generation and avoid emergency power purchases. The plant was scheduled to be completed last December but it got delayed due to the non- availability of top Chinese experts owing to the pandemic, but, with their return, the Ministry is confident of getting it completed now. Forty five Chinese experts are in the process of completing the plant. With the commissioning of the plant, the CEB would be able to save more than Rs. 10 mill...

Source: island.lk
CSE market capitalization hits Rs. 3 trillion - Vimarsana News

CSE market capitalization hits Rs. 3 trillion

By Hiran H.Senewiratne  CSE market capitalization crossed the Rs.3 trillion mark on January 4. Accordi-ngly, market capitalization at the end of the relevant trading session was Rs. 3,013,426,581,096. Ceylon Tobacco Company (CTC) is the largest listed company in the CSE in terms of market capitalization with Rs.211 billion. Second is John Keells Holdings with a market capitalization of Rs.197 billion and third Dialog Axiata with a market capitalization of Rs.102 billion. Market capitalization, or “market cap”  is calculated by multiplying the total number of a company’s outstanding ...

Source: island.lk