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Perceived Economic Opportunity PEO: April, 2017

Expectation On Ability To Save And Business Performance Increses Despite The Downward Trend Of Expectation For Reduction Of Corruption Status Of Job Prospects Or Business Performance Analysis of the perceived economic opportunities in the month of April 2017 indicates that the expectations in terms of job prospects of people or developing the status of their…

(0)Comments | July 4, 2017 1:56 pm

2017 Mercedes-Benz GLA to be launched in India tomorrow

Mercedes-Benz will launch the 2017 GLA for the Indian market tomorrow i.e 5 July, 2017. The updated crossover vehicle will host cosmetic and interior updates however the mechanicals are expected to be carried forward as they are in the current GLA. The new GLA was unveiled internationally at the Detroit motor show back in January…

(0)Comments | July 4, 2017 1:00 pm

Admiral Dr. Jayanath Colombage of Pathfinder Foundation Awarded a Guest Professorship from Sichuan University

Admiral Dr. Jayanath Colombage, who is the director of the Center for Indo-Lanka relations of the Pathfinder foundation, was awarded a “Guest Professorship” by the President of Sichuan University. The certificate was handed over to the Admiral by the Vice President of Sichuan University Professor of Economics Mr. Yan Shijing during a ceremony held in…

(0)Comments | July 4, 2017 11:09 am

An agreement signed to recruit Sri Lankans as Geriatric Care Nurses

Secretary to the Ministry of Foreign Employment G.S. Withanage and Dr. Götz Schmidt-Bremme, Ambassador for the 2017-2018 Global Forum on Migration and Development (GFMD) Co-Chairmanship of Germany on 27th June signed a Joint Declaration of Intent on principles of fair recruitment of personnel for training as geriatric nurses in Germany. The signing ceremony took place…

(0)Comments | July 4, 2017 11:04 am

Sri Lankan shares slip from 18-month high; John Keells drags

Reuters – Sri Lankan stocks ended slightly weaker on Monday, down from an 18-month high hit in the previous session, as investors sold blue chip shares such as John Keells Holdings Plc, brokers said. Analysts said concerns over a proposed tax bill weighed on overall investor sentiment. But foreign investors continued to snap up the…

(0)Comments | July 3, 2017 6:11 pm

JICA signs Two Grant Agreements for a value of 470 million JPY

Two Grant Agreements were signed on 30th June, 2017 for a value of 470 million Japanese yen (equivalent to approx. 640 million LKR) between Dr. R. Samaratunga, Secretary to Ministry of Finance and Mass Media and Fusato Tanaka, Chief Representative of JICA (Japan International Cooperation Agency) at the Ministry of Finance & Mass Media, following…

(0)Comments | July 3, 2017 4:07 pm

Sri Lanka aims to promote “Ceylon tea” in Africa

COLOMBO, July 3 (Xinhua) — The Sri Lankan Foreign Ministry on Monday said it hoped to promote the island’s popular “Ceylon Tea” in Africa with local tea companies participating in the annual South African International Trade Exhibition (SAITEX). The SAITEX is considered Africa’s largest international products sourcing exhibition held annually. The Foreign Ministry in a…

(0)Comments | July 3, 2017 3:50 pm

Sri Lanka Economic Summit 2017 to Discuss the Importance of ‘Walking the Talk’ to realize a Greener Growth path

The Importance of Sri Lankan businesses aligning its growth plans with greener practices to help develop a ‘sustainable era,’ will be discussed intensely at the upcoming Sri Lanka Economic Summit 2017. The topic will be discussed at a thematic session titled, ‘Realizing a Greener Growth Path – Walking the Talk’, with the participation of thought…

(0)Comments | July 3, 2017 2:45 pm

Electronic device ban fully lifted on flights from Abu Dhabi to the United States

“We welcome the decision by the US Department of Homeland Security to lift the electronic devices ban on flights between Abu Dhabi and the United States, following the successful validation of security measures at the US Preclearance facility at Abu Dhabi airport earlier today (2 July 2017). “Effective immediately, the removal of the restrictions allows…

(0)Comments | July 3, 2017 12:56 pm

Sri Lanka signs ground-breaking agreement for Asia’s tallest tower

The World Capital Centre (WCC) signed a US$ 2 billion investment agreement with the Board Of Investment (BOI) recently, for the much hyped and long awaited tallest building in the Asian region and the 9th tallest to be in the world. The World Capital Centre also known as WCC is a globally renowned chain with…

(0)Comments | July 3, 2017 11:51 am