The proposed private sector wage increase will not be an ad hoc increase, but will be implemented through the tripartite Wages Board mechanism, the Minister of Labour says after the private sector complained about the arbitrary hike.
A US $100 million project to produce the largest ever cement silos in the country commenced early this month in Colombo, according to officials.“About two weeks ago the construction of the plant at D.R. Wijewardena Mawatha, in Colombo for the joint venture between Lanka Cement Ltd. (LCL) and the UK based AML products Ltd began,” Sisira Paranagama, Chairman LCL told the Business Times.
