Connect with us

BIZ

Sinopec to import and market SL products (Pics)

Published

on

Sinopec, the giant oil company with over 27,000 service stations in China, entered into an agreement with the Beijing Sri Road Connection Trade Company Limited during the Shanghai CIIE, to import and market Sri Lanka Food and Beverage products at their convenience stores. The contract is worth over USD 0.8 million.

The agreement between Sinopec and Beijing Sri Road will facilitate further expansion of Sri Lanka F & B products in the lucrative Chinese market., CEO of Beijing Sri Road Connection Trade Company Limited Chiranjaya Udumullage, and Deputy Manager of International Sales of Sinopec Wang Qian signed the agreement.

In a statement, the Embassy of Sri Lanka in Beijing notes, “This connect with Sinopec is indeed special, as this year is a significant landmark for both Sri Lanka and China. The year commemorates the 65th Anniversary of establishing bilateral diplomatic relations between the two countries and the 70th anniversary of the Rubber – Rice Pact.”

The 5th China International Import Expo (CIIE) in Shanghai was held from 5 to 10 November, 2022. There were two Sri Lankan pavilions; Food & Beverage and the Gems and Jewellery section. The China – Sri Lanka Association for Trade and Economic Cooperation voluntarily took charge and organized the Sri Lanka pavilion with the support of the Embassy of Sri Lanka and member companies of the Association and others. This is the 5th time that Sri Lanka has participated, maintaining a presence at the event. This presence is considered essential since companies which participated in the CIIE were able to achieve remarkable success with daily sales at the pavilion topping RMB 500,000 and over 160 trade inquiries.

The CIIE is the largest trade Fair in China for global companies to access the biggest consumer market in the world; the Chinese market.

BIZ

Sathosa slashes prices of 6 essential food items

Published

on

By

Lanka Sathosa has slashed the prices of six essential food items, with effective from tomorrow (26 Jan.).

The revised prices are as follows :

Dried Chillis – Rs. 1,700/kg
White Raw Rice (local) – Rs. 169/kg
Red Kekulu Rice – Rs. 179/kg
White Nadu Rice – Rs. 184/kg
Keeri Samba Rice – Rs. 235/kg
Red Dhal – Rs. 365/kg

Continue Reading

BIZ

People’s Bank suspends decision to up interest rates

Published

on

By

People’s Bank has temporarily suspended its decision to increase loan interest rates to 15.5%

Continue Reading

BIZ

House of Fashion brawl; two employees hospitalized

Published

on

By

Two employees of House of Fashion at Bambalapitiya who were injured during the recent brawl that took place with a customer have been admitted to the hospital.

During the conflict, the employees kicked and beat up the customer with sticks while the customer also attacked the employees.

The Bambalapitiya Police are investigating the incident and they have recorded statements from the customers yesterday (23). They are a couple residing in Maharagama.

Statements were recorded from the employees as well.

However, no one has been arrested in connection with this incident so far.

Cause of the brawl..

On January 21, a customer has complained that his vehicle had been blocked by another vehicle in the car park.

The vehicle owner blocking the customer’s car has parked the car in House of Fashion “parking” and had gone to another location.

Therefore, the customer had gone and complained to House of Fashion along with his wife resulting in an argument which had led to the brawl.

Excuses..

Meanwhile, the House of Fashion issued a statement yesterday (23).

It said, “We feel this incident has badly impacted our goodwill with the customers. We at House of Fashion always make sure that we do our best to protect our customers and do the best customer service at all times.”

One sided CCTV..

Meanwhile, House of Fashion had released CCTV footage obtained from one side to several media outlets.

They are shown below.

Customer recorded footage shared on social media:

Related news:
Police launches probe brawl at House of Fashion

Continue Reading

Trending

Copyright © 2022 Sri Lanka Mirror. All Rights Reserved