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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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