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Sri Lanka Business Conclave held in Vietnam

A Sri Lanka Business Conclave themed “SRI LANKA: Hub of the Indian Ocean-The Land of Business Opportunities” was held recently on at the Rex Hotel in Ho Chi Minh City, Vietnam. The conclave was organized by the Embassy of Sri Lanka in Ha Noi with the support from the Sri Lankan community in Ho Chi…

(0)Comments | December 12, 2017 6:11 pm

Toyota India Announces Price Hike Of 3 Per Cent Across All Cars From January 2018

Toyota Kirloskar Motor is the latest car maker in India to announce a price hike for the new year. Starting from January 2018, all Toyota cars will see a hike of three per cent. The company has attributed the increase in prices after reviewing input and freight costs that goes into manufacturing of vehicles. The…

(0)Comments | December 12, 2017 3:26 pm

Macroeconomic fundamentals and structural reforms are essential for economic growth

The Governor of the central Bank of Sri Lanka Dr. Indrajit Coomaraswamy pointed out that not only strong macroeconomic fundamentals but also structural reforms are essential for sustained economic growth and employment generation. Delivering the inaugural address of the 10th International Research Conference of the Central Bank of Sri Lanka at the John Exter International…

(0)Comments | December 12, 2017 2:48 pm

Entrepreneur of the Year award 2017 under President’s patronage

The ‘Entrepreneur of the Year award 2017’, award ceremony organized annually by the   Federation of Chambers of Commerce & Industry to give due recognition to the Sri Lankan entrepreneurs who excel in their fields, was held under the patronage of President Maithripala Sirisena at the BMICH, yesterday (11). This awards ceremony was organized for the…

(0)Comments | December 12, 2017 2:46 pm

Central Bank of Sri Lanka- 10th International Research Conference

The 10th International Research Conference of the Central Bank of Sri Lanka was held on 08 December 2017 at the John Exter International Conference Hall of the Central Bank. The conference was organised under the theme of “Macroeconomic Policy Reforms towards a Vibrant Future” with the aim of encouraging innovative theoretical and empirical research on…

(0)Comments | December 12, 2017 11:53 am

SLTC to host International Symposium on Industrial Systems

The Sri Lanka Technological Campus (SLTC) will be hosting its first-ever International Symposium on Industrial Systems (InSys) on December 18 at the SLTC in Padukka. Organized by the Office of Research & Innovation (ORIS) of SLTC, this one-day symposium will bring together industrial experts, innovative academics and researchers from local and overseas universities to a…

(0)Comments | December 12, 2017 11:47 am

TI Cycles inks deal to buy 2 Sri Lanka-based firms

To acquire controlling stake in Creative Cycles (Private) Limited and Great Cycles (Private) Limited of the island nation. The Hindu – TI Cycles of India, a part of the $ 4.7 billion Murugappa Group, has inked a definitive agreement to acquire controlling stake in Creative Cycles (Private) Limited and Great Cycles (Private) Limited of Sri…

(0)Comments | December 12, 2017 10:48 am

A novel solution to the food waste issue from Eco Waste Disposers with Worlds No 1 Garbage Disposers Waste King

Eco Waste Disposers recently introduced a product which offers a unique solution to Sri Lanka’s garbage problem. The garbage disposers eases the hassle of collecting and disposing food waste in residential and commercial establishments. This unit grinds nearly all types of food waste including chicken bones, egg shells and fruit & vegetable peels. The ground…

(0)Comments | December 12, 2017 10:36 am

Sri Lankan stocks hit near 8-month closing low on foreign investor selling

Reuters – Sri Lankan shares extended falls into a second session on Monday, closing at their lowest in nearly eight months, as foreign investors sold blue chips such as conglomerate John Keells Holdings Plc. The Colombo Stock Index dropped 0.28 percent to 6,357.41, its lowest close since April 17. It fell 0.6 percent last week…

(0)Comments | December 12, 2017 10:15 am

Unilever, UNDP and UNGC Initiate Strategic PPP’s Around 2030 Agenda

Unilever Sri Lanka, the United Nations Development Programme (UNDP) Sri Lanka and the United Nations Global Compact (UNGC) Sri Lanka together announced the initiation of strategic public-private partnerships (PPPs) around the country’s key priorities related to the 2030 Sustainable Development Goals (SDGs) at a media conference held on 7th December. Taking this message to the…

(0)Comments | December 11, 2017 11:34 am