Financial Times |
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US$900 mln from World Bank |
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The World Bank is due on June 5 to approve its four-year, $900 million-worth, Country Assistance Strategy (CAS) for Sri Lanka which will deal mainly in projects on connecting communities with markets and improving infrastructure. |
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Competition for Prima |
Serendib Flour Mills (Pvt) Ltd launches its wheat flour marketing operations tomorrow, breaking the monopoly enjoyed by Prima. |
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Sri Lankan clothing designs going international |
Leading European and US clothing brands are buying clothes made in Sri Lanka and also designed by Sri Lankan designers.
Local design teams at Brandix Lanka are churning out international standard designs in lingerie, loungewear and pants that are bringing in design orders by big brand names like Victoria's Secret Stores, Pink and Express. |
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