The Technical Services Division of the Industrial Development Board of Ceylon (IDB) Under Ministry of Industry and commerce has made arrangements to conduct one day technology transfer workshop on “Herbal Tea Bags” for industrialists and other interested groups on 20th July 2017 from 9.00 am – 4.00 pm. at Industrial Development Board, Technical Services Division,…
Several public sector organisations including universities, statutory boards, research institutes, provincial and urban councils were recently recognized at the inaugural Best Annual Reports & Accounts Awards organised by CA Sri Lanka’s public sector wing, the Association of Public Finance Accountants of Sri Lanka (APFASL) for their high quality financial reporting. A total of 19…
The Board of the International Organization of Securities Commissions (IOSCO) published its Assessment Committee’s Country Review of the Democratic Socialist Republic of Sri Lanka. The Country Review is a detailed assessment of the depth and breadth of implementation of IOSCO’s Objectives and Principles of Securities Regulation (IOSCO Principles). This is the third Country Review conducted…
Reuters – Asian shares extended gains on Tuesday and the dollar notched a four-month high against the yen, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten U.S. monetary policy. In Europe, futures for the Eurostoxx 50 and the DAX were both up 0.3 percent,…
As the landmark global Information Technology Agreement (ITA) completes its 20th anniversary, Sri Lanka is to catch its first glimpse of the ITA in Colombo today July 12. Two high level representatives from the World Trade Organisation (WTO) have arrived in Colombo especially to give a first-hand briefing to surging Lankan IT sector and firms,…
Campbell-Hill report shows airline also supported more than 104,000 American jobs in 2015 Emirates supported more than 104,000 American jobs and contributed US$21.3 billion in revenue to the U.S. economy, including US$10.5 billion to the country’s gross domestic product (GDP) and US$6.4 billion of labor income in 2015*, according to a study conducted by Campbell-Hill…
For facilitating “the Belt and Road” cooperation, advancing economic and trade cooperation with countries along “the Belt and Road”, intensively displaying competitive industries and featured commodities in Guangxi, as well as promoting economic and trade cooperation between Guangxi and Sri Lanka, the Department of Commerce of Guangxi Zhuang Autonomous Region will hold the “2017 China…
Reuters – Sri Lankan stocks rose on Monday to reach an 18-month closing high led by telecom and diversified shares, but volume was thin as foreign trading low. Domestic investors, however, cautiously acquired shares amid concern over a proposed tax bill. The day’s turnover was 427.9 million rupees, less than half of this year’s daily…
Sri Lanka’s biggest heavy vehicle supplier brand has finally completed its expansion efforts and stamped its countrywide presence on 9 July. “Ashok Leyland is the fourth largest manufacturer of buses in the world” said Minister of Industry and Commerce Rishad Bathiudeen in Sammanthurai. Minister Bathiudeen, joined by Chairman of LAL Dr Shiraz Mira Sahib and…
The Sri Lanka Economic Summit 2017 organized by the Ceylon Chamber of Commerce will conduct a dedicated thematic session to discuss how Sri Lanka can transform its economy through the adoption of technology. The session titled ‘Transforming the Economy through Technology,’ will line up the likes of Prof. Rohan Samarjiva, founding Chair of LIRNEasia, Mr….
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