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Sri Lanka’s participates at Global Economic Summit on Women

The 6th Global Economic Summit on ‘Women’s Empowerment: Entrepreneurship, Innovation and Capacity Building’ was held from 27th – 29th March at World Trade Centre, Mumbai, with the aim to provide a forum for women from diverse streams to share their views and experiences towards social and economic empowerment and independence. A delegation from the Sri…

(0)Comments | April 20, 2017 9:28 am

ST Electronics wins Sri Lankan cyber security contract

SINGAPORE Technologies (ST) Electronics has won a contract with a Sri Lankan government agency to provide consultancy services for the country’s first National Cyber Security Operations Centre. The Information and Communication Technology Agency of Sri Lanka contract won by ST Electronics requires it to design and implement a strategy for the centre. It will also…

(0)Comments | April 19, 2017 2:31 pm

Team SAGT “Gains the Advantage” by resolving days of operational disruption

Following 13 days of operational disruption at its berth, team SAGT made a ground breaking deal that brought a mutually satisfactory end to the stand-off. The disruption caused the diversion of several vessels to the two other terminals in the port. Commenting on the resolution, CEO Erwin Haaze said “we deeply regret the disruption to…

(0)Comments | April 19, 2017 12:12 pm

South Asia Could Potentially Benefit from Globalization Backlash

WASHINGTON – Possible protectionism in advanced economies should not deter export-oriented growth in South Asia, a region that could even benefit from the backlash against globalization, a new World Bank report said. The report also confirms that South Asia remains the fastest-growing region in the world, gradually widening its lead relative to East Asia. Regional…

(0)Comments | April 19, 2017 10:57 am

Sri Lankan shares rise on foreign buying; blue chips gain

Reuters – Sri Lankan shares rose on Tuesday as foreign investors bought blue chips, with the market seeing overseas fund inflows for 18 consecutive sessions. Foreign investors net bought shares worth 172.8 million rupees on Tuesday. They have bought equities worth a net 5.4 billion rupees ($35.57 million) in 18 straight sessions, taking the year-to-date…

(0)Comments | April 19, 2017 9:52 am

Altair goes for Italian marble flooring, exceeding customer expectations

Colombo’s architectural marvel Altair has announced that its 400 apartments will have floors finished in Italian Botticino marble, following a decision by the developer to upgrade from marble sourced from Central Asia or the Middle East, as originally proposed.   The upgrade at the developer’s own volition, represents a significant value addition at no extra…

(0)Comments | April 18, 2017 4:12 pm

India’s 680 Crores Worth Of Locomotives, Train Sets To Boost Sri Lanka Railways

New Delhi:  In its largest export order for any public transporter, Indian Railways are going to supply modern locomotives and train sets to Sri Lanka worth six hundred and eighty crore rupees. Rail India Technical and Economic Service (RITES), a railway PSU, has secured its largest export order from Sri Lanka Railways for the supply…

(0)Comments | April 18, 2017 4:00 pm

Australia toughens foreign worker visas, says Australian jobs for Australians

SYDNEY (Reuters) – Australia will abolish a temporary work visa popular with foreigners and replace it with a new programme requiring better English-language and job skills, Prime Minister Malcolm Turnbull said on Tuesday. Turnbull, struggling with poor voter approval ratings, rejected suggestions the visa policy change was in response to far-right wing political parties, such…

(0)Comments | April 18, 2017 2:13 pm

Proposed amendments to CSE Listing Rules open for public comment

The Colombo Stock Exchange (CSE) seeks to obtain the views/observations of the general public and the stakeholders of the CSE, including Listed Companies, regarding the proposed amendments to certain Listing Rules of the CSE. The amendments have been proposed with a view to facilitate the implementation of an appropriate enforcement mechanism with the continuous listing…

(0)Comments | April 18, 2017 10:21 am

Anantara Peace Haven Tangalle Resort is recognised in Condé Nast Traveler’s 2017 Hot List

Anantara Peace Haven Tangalle Resort has been recognised in Condé Nast Traveler US’s prestigious 2017 Hot List as one of the best new hotels in the world, as well as one of the hottest new openings in Sri Lanka. This is the fourth significant international award the resort has won since opening. The property has…

(0)Comments | April 18, 2017 10:19 am

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