Dabur India sets up new subsidiary in Sri Lanka

Firm plans setting up a manufacturing facility which is expected to start production by the end of this fiscal

FMCG firm Dabur India today said it has formed a new entity, Dabur Lanka Pvt Ltd, as part of a strategy to strengthen its presence in Sri Lanka. 
In a filing to the Bombay Stock Exchange (BSE), Dabur said Dabur Lanka has been incorporated under its wholly-owned subsidiary, Dabur International, which manages the company's overseas operations.

Moving car imports from Colombo Port to Hambantota Port

Importers claim the move a Trojan Horse

By Azhar Razak

The Ceylon Motor Traders Association (CMTA) last week expressed their anger to a plan mooted by the Sri Lanka Ports Authority (SLPA) Chairman, Dr Priyath Bandu Wickrama to move the clearance facilities of all car imports from Colombo to the Hambantota Harbour claiming that logistically it was not practical.