The Gulf region’s most competitive economy is upbeat on its future trade prospects with Sri Lanka. “The two countries have to consolidate the already strong bilateral relations. A number of joint venture trade projects are being implemented between both countries” announced HE Ambassador of the United Arab Emirates to Sri Lanka Abdulhamid Abdulfattah Kazim Al-…
Edelweiss, Switzerland’s leading leisure airline and sister company of Swiss International Air Lines, is further expanding its route network to Asia. From 3rd November 2018 the airline will offer seasonal flights between Zurich and Colombo. An Edelweiss Airbus A340-300 will fly twice weekly between Zurich and Colombo connecting the two cities directly. The new…
BEIJING (Reuters) – China’s economic growth target for 2018 will reflect new changes in the economy as the government put more emphasis on higher quality development, the State Council Information Office said on Monday. The government will set its key targets for 2018 “after earnestly studying new performance, new situations and new problems”, the office,…
Hyundai is expected to showcase Ioniq hybrid and electric cars at Auto Expo 2018 scheduled to be held in February livemint – Hyundai Motor India Ltd will introduce its electric vehicle brand Ioniq in India to tap into India’s ambitious plans to have an all-electric fleet in the country by 2030. Ioniq, the brand under…
NASSCOM Executive Council members met Sri Lankan Prime Minister Ranil Wickremesinghe in Colombo on Thursday, November 30, 2017. NASSCOM, a not-for-profit industry association, is the apex body for the USD 150 billion Indian Technology industry. that employs 3million people. Members of the Executive Council (all CEOs of the largest Technology companies in…
A delegation of Sri Lanka Pakistan Friendship, Trade and Investment Association met the High Commissioner of Pakistan, Dr. Shahid Ahmad Hashmat at the High Commission premises recently. President of the Association Ifthikhar Aziz, briefed the High Commissioner about history and activities of the Association including various social welfare and cultural activities under the purview of…
The Embassy of Sri Lanka in Oslo held a tourism promotion event on 22nd November at the Mission premises.Leading travel agents, travel operators, renowned travel writers and travel journalists, representatives of major airlines servicing Sri Lanka as well as travel and tourism fair organizers were invited to the event. After the presentations that highlighted the attractions…
To promote productivity of tea small holding sector in Sri Lanka, the Ministry of Plantation has taken steps to start a special program to modernize 500 tea factories in the country. To achieve this task, the ministry is seeking financial assistance for this project and to famed banks in Japan JMIC and MUFG have shown…
Dialog’s ‘Digital Transformation Initiative’ Leapfrogs toward Digital and Financial Inclusion in Sri Lanka Sri Lanka’s premier connectivity provider, Dialog Axiata PLC and Australia’s Department of Foreign Affairs and Trade (DFAT) collaborate to pilot a digital payment platform roll out across 200 ATM locations in Sri Lanka’s Northern Province. The announcement was made today at the…
Reuters – Sri Lankan shares ended slightly firmer on Thursday ahead of a long weekend, edging up from a more than two-month closing low hit early in the week in thin trade as investors awaited direction on political and economic fronts. The Colombo Stock Index ended 0.1 percent up at 6,411.84, edging up from its…
