The Ceylon Chamber of Commerce will be organizing the country’s foremost economic event, the Sri Lanka Economic Summit (SLES) 2019 on 17-18 September, at the Cinnamon Grand Colombo. The summit will be guided by the theme of ‘Recalibrating Sri Lanka’s Economic Trajectory Towards 2025 (RE-SET 2025). The two-day event will bring together key policymakers, business…
Sri Lanka’s trade with Asia’s fastest growing economy is set to surge when both countries meet for Ministerial trade talks later this year -after almost three years. “The fifth session of the Joint Economic Commission between Bangladesh and Sri Lanka was held in Colombo in 2016. Therefore time has come for the sixth trade session…
Owned by John Keells Holdings, The Victoria Golf & Country Resort sits on an 18-hole golf course, which is designed to international U.S.G.A. standards. Spread across a vast landscape of greenery, which constitutes well over 500 acres of prime land, this unique property is one of the most sought-after destinations in Sri Lanka by both…
Fitch Ratings-Colombo-06 August 2019: Fitch Ratings Lanka has affirmed Ideal Finance Limited’s National Long-Term Rating at ‘B+(lka)’ with a Stable Outlook. KEY RATING DRIVERS Ideal’s National Long-Term rating reflects its high-risk appetite, with significant exposure to the more-vulnerable segments of the finance and leasing market and aggressive growth. The rating also captures the company’s still-developing…
The match tickets for the ‘New Zealand tour of Sri Lanka’ is now available online and can be purchased by visiting www.srilankacricket.lk Whilst the tickets will also be sold via the counters at the SLC Headquarters, Galle Cricket Stadium and the Pallekele International Cricket Stadium, as follows. SLC Headquarters – Ticket sale opens on the 07th August,…
Information and Communication Technology Agency of Sri Lanka (ICTA) initiated a national workforce survey by launching “IT-BPM Workforce survey 2019” to gain a clear understanding of the extent and composition of IT and BPM workforce of Sri Lanka and to weigh that against the extent of the supply of skilled personnel. The ICT sector has…
(Reuters) – Sri Lankan shares fell for the sixth straight session on Tuesday and closed at their lowest in nearly two weeks as investors sold banking and diversified stocks, while the rupee ended weaker due to importer dollar demand. ** The benchmark stock index ended 0.73% down at 5,846.94, its lowest close since July 25….
Dr (Ms) Dushni Weerakoon has been appointed as a member of the Monetary Board of the Central Bank of Sri Lanka with effect from July 29, 2019. Dr (Ms) Dushni Weerakoon is the Executive Director of the Institute of Policy Studies of Sri Lanka (IPS) and Head of its Macroeconomic Policy research. She joined the…
Sri Lanka’s LAUGFS Gas PLC to engage with Consumer Affairs Authority to exercise the new price formula in a consistent manner to end LPG price controls. “In Sri Lanka, we will continue to engage with the Consumer Affairs Authority to exercise the price formula in a consistent manner the new pricing formula expected to bring…
The Cabinet of Ministers has approved the tax amendments proposed by the Finance Minister Mangala Samaraweera in his Budget 2019. Accordingly, the Cabinet has approved the Amendment Draft Bills on Nation Building Tax and Value Added Tax (VAT). Thus, the hotels, Guest house, Restaurants which are registered with the Tourist Board where they receive payment…
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