Second phase of GRI’s $100M Tyre Project to Be Commissioned in December
Global Rubber Industries (GRI) last week broke ground and laid the foundation stone for the second phase of a $ 100 million project with a new manufacturing facility in Badalgama,…
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President appoints De-Regulation Commission Chaired by Lalith Weeratunga and Krishan Balendra
President Gotabaya Rajapaksa has appointed an 18-member De-Regulation Commission for the Simplification of the Existing Laws and Regulations to spur the growth of the COVID-19 battered economy. The Commission is…
Sri Lanka to ban maize-based alcohol and ethanol production
President Gotabaya Rajapaksa has ordered the Excise Department Chief to issue a gazette notification banning the use of maize (corn) for the production of alcohol and ethanol. The Commissioner is…
Global electricity generation from coal is set to drop by the largest amount on record in 2020
Global coal generation is estimated to fall by 5% in 2020 to 2012 levels, marking the largest annual decrease on record, the International Energy Agency (IEA) estimated in a new…
Ceylon Graphite commences trading on the OTCQB Venture Market
Vancouver- based Ceylon Graphite Corp. announces that its common shares have been approved for trading on the OTCQB Venture Market in the United States from 3rd of December this year. Ceylon…
Sri Lanka seeks consultants for $100M India-funded solar project
The Sri Lanka Sustainable Energy Authority (SLSEA) is seeking consultants for the pre-feasibility study of installing solar rooftop systems in State buildings. The project is to be developed under a…
Sri Lanka’s air pollution levels back to normal
Sri Lanka’s air pollution levels have returned back to normal levels from the sudden rise in air pollution levels recorded in late October. “the pollutant levels are in decreasing trend…