Business

DTW International introduces ‘Natular DT’ in Sri Lanka

Published

5 years ago

2021/12/7

DTW International Private Limited in collaboration with UPL Limited and Clarke recently introduced Natular DT, a mosquito breeding sites controlling product designed to aid Sri Lanka in the fight against dengue and Culex mosquito-borne illnesses. Natular DT is a tablet formulation developed specifically for containerized water bodies such as gutters, rainwater collecting tanks, roof top catchments, ornamental pools and any other area of a home front that collects water.

With over 50,000 documented dengue infections each year, DTW International Private Limited presents Natular DT as a successful method for controlling difficult-to-control dengue mosquito breeding locations in Sri Lanka. Natular DT has been released in Sri Lanka for the first time; this product has previously debuted successfully in the U.S.A, Brazil, Saudi Arabia, the United Arab Emirates, the Philippines and Bangladesh. The pill composition is 100 percent organic and will manage 200 liters of water for 60 days. It is specifically developed for container water, including man-made bodies of water, to reduce dengue and Culex mosquito breeding. This product is intended to assist the general public in eliminating mosquito breeding in difficult-to-drain water containers.

DTW International Private Limited Chairman, Irwin Weerasinghe commented on the initiative; “We have tremendous pleasure in introducing ‘Natular DT’ to Sri Lanka. Because dengue fever has been a persistent problem in the nation, we anticipate that the pill formulation will be extremely beneficial in effectively controlling the disease’s spread. It is a secure approach for all homes, businesses, and educational institutions. The solution reduces the chances of your family members contracting dengue fever without a hassle,” he said.

‘Natular DT’ is a revolutionary green solution that received the ‘U.S. Environmental Protection Agency (EPA) Presidential Green Chemistry Award’ in 2010. The prize is one of the most prominent environmental honors bestowed by the United States government. With resistance-fighting larvicide, it boasts unrivaled effectiveness and unprecedented simplicity of use.

“Clarke-Public Health Mosquito Control and Aquatic Services, U.S.A. manufactures the product, which is approved and authorized by the World Health Organization (WHO) and Registrar of Pesticides of Sri Lanka. Prior to their approval, the National Dengue Control Unit (NDCU) and the Medical Research Institute of Sri Lanka (MRI) conducted clinical studies. As a result, we can confidently state that ‘Natular DT’ will do the needful in making your surroundings safe for you”. Weerasinghe added.

For over two decades, DTW International Private Limited has worked in strategic partnership with UPL to provide supply solutions to the Agricultural and Public Health Sector. It also offers strategic supply solutions to a few additional industry verticals. UPL Limited, headquartered in India, is the world’s fifth largest Crop Protection Input manufacturing company, with a rapidly expanding presence in innovative environmental protection solutions. The collaboration has provided many innovative solutions to the agricultural and Public Health sectors over the years.

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Business

ADB approves $100 million loan to boost skills development and jobs for youth in Sri Lanka

Published

2 hours ago

2026/10/2

Thilina Walpola

The Asian Development Bank (ADB) has approved a $100 million results-based loan to help Sri Lanka transform its technical and vocational education and training (TVET) system, equip more young people with industry-relevant skills, and strengthen the country’s competitiveness and inclusive growth.

The Skills Development System Transformation Program will support the Government of Sri Lanka’s efforts in improving the quality and relevance of skills training, strengthening links between training providers and industries, and expanding employment opportunities for youth. The program will increase women’s employment opportunities in nontraditional jobs in fields including automotive technology, engineering, information and communications technology, construction, and renewable energy.

“A skilled workforce is essential to Sri Lanka’s long-term economic transformation and competitiveness,” said ADB Country Director for Sri Lanka Shannon Cowlin. “This program will help create stronger pathways from education to employment by making training more responsive to industry needs, expanding opportunities for young people and women, and ensuring that graduates have the skills required by a modern and evolving economy.”

Though Sri Lanka’s economy is recovering, it faces skills shortages in priority sectors, high youth unemployment, and low female labor force participation. Many employers report difficulty finding workers with the skills needed in a changing economy.

Aligned with the Government of Sri Lanka’s Technical and Vocational Education and Training Sector Strategic Framework 2026–2035, the nationwide program will be implemented from 2027 to 2031 and is expected to directly benefit more than 100,000 young people through improved access to quality, employment-oriented training.

Business

USD 40.84m pipeline to secure aviation fuel supplies to BIA

Published

2 hours ago

2026/10/2

Thilina Walpola

By Ifham Nizam

The government has cleared a USD 40.84 million and Rs. 8,548.75 million contract to build a dedicated aviation fuel pipeline from Muthurajawela to Bandaranaike International Airport (BIA), alongside a massive new fuel storage facility with a capacity of 92,000 cubic metres.

Energy Minister Anura Karunatilaka said the project represented a major investment in strengthening the infrastructure underpinning Sri Lanka’s aviation fuel supply and ensuring more reliable fuel availability at the country’s main international airport.

‘This project will provide the infrastructure required to strengthen the reliability and continuity of aviation fuel supplies to Bandaranaike International Airport, Karunatilaka said.

The contract has been awarded to China Petroleum Pipeline Engineering Company Limited, following an international competitive procurement process in which three bids were received.

The project will see a new aviation fuel storage tank complex constructed at Muthurajawela, together with the associated infrastructure required for handling and transferring aviation fuel.

Business

CSE activity up, turnover weak at Rs. 1.4 billion

Published

2 hours ago

2026/10/2

Thilina Walpola

By Hiran H Senewiratne

Trading activity on the Colombo Stock Exchange (CSE) gathered pace yesterday as global fuel prices began to show signs of easing, according to market analysts.In this context, both indices moved upwards. All Share Price Index up by 67.97 points while S and P SL20 up by 8.30 points.

Turnover stood at Rs 1.4 billion with seven crossings. Those crossings were reported in Sampath Bank 1.7 million shares crossed to the tune of Rs 238 million and its share price traded at Rs 140, Access Engineering two million shares crossed to the tune of Rs 159 million and its share price traded at Rs 79.50, LOLC one million shares crossed to the tune of Rs 129 million and its share price traded at Rs 129, HNB 100,000 shares crossed to the tune of Rs 38.4 million and its share price traded at Rs 384, JKH 1.9 million shares crossed to the tune of Rs 35 million and its share price traded at Rs 18.60, Hayleys 100,000 shares crossed to the tune of Rs 22.50 million and its share price traded at Rs 225 and Richard Pieris 847,000 shares crossed to the tune of Rs 22 million and its share price traded at Rs 25.50.

In the retail market top seven companies that have mainly contributed to the turnover were Sampath Bank Rs 114 million (813,000 shares traded), JKH Rs 100 million (5.3 million shares traded) LB Finance Rs 49 million (325,000 shares traded), HNB Finance Rs 30 million (27 million shares traded), HNB Rs 27 million (70000 shares traded), NTB Rs 25 million (82000 shares traded ) and Lanka IOC Rs 21 million (666,000 shares traded). During the day 65 million shares volumes changed hands in 10433 transactions.

The Banking and manufacturing sector counters performed well. In the banking sector Sampath Bank let the market while manufacturing sector especially JKH also significantly performed well. With the fuel revision Land IOC also a significant stock at the floor.

Meanwhile, First Capital Treasuries said that Ramesh Schaffter resigned as a Non-Independent Non-Executive Director with effect from October 1, to facilitate the restructuring of the company’s board.

Yesterday the Central Bank announced the US Dollar rate as against rupee. The rupee was quoted flat at Rs 330.65/80 to the US dollar in the spot market , while bond yields dropped, dealers said.