The Power of Interaction Series is a networking evening organized by The Ceylon Chamber of Commerce with the intention of providing its membership an opportunity to interact with Senior Government Officials of a particular sector. The first session for this year, will be on the theme of ‘Rebuilding Business Confidence in Sri Lanka’. The keynote…
Addressing an event in Colombo yesterday, in connection with World No Tobacco Day organized by the National Authority on Tobacco and Alcohol (NATA), WHO Representative to Sri Lanka, Dr.Razia Pendse emphasized about the necessity of implementing policy measures, to reduce demand for tobacco through taxation, creating smoke-free places and cessation support. “In terms of the…
The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) recently reached out to entrepreneurs based in and around Kandy to discuss funding requirements, growth prospects and opportunities to fund growth through the CSE’s Empower Board. The event was part of a series of regional forums conducted on the Empower…
Reuters – Sri Lankan shares ended marginally higher on Monday, hovering near a six-week high hit last week, as trade turnover touched a more than four-month high amid continued foreign fund outflows, while the rupee ended weaker on dollar demand from importers. ** The benchmark stock index ended 0.02% firmer at 5,384.93, steadying near its…
Sri Lanka’s stock market turnover reached Rs.2.18 billion by the end of the day, amidst high net worth investor Dr. T. Senthilverl was reaching his portfolio ownership to his company Senthilverl Holdings (Pvt) Ltd, trading data showed. The highest turnover so far for this year was reported Rs.3.3 billion rupees on February 11. Dr. T….
Opening up new vistas for further strengthened cooperation and understanding between the Armed Forces of Sri Lanka and India, a uniquely crafted reciprocal expedition project came into effect on Saturday (15) with the arrival of 159 strong Indian tri force delegation with spouses in Sri Lanka and the simultaneous departure of 162 member team of…
India’s response comes after the US withdrew preferential access for Indian products starting 5 June India repeatedly postponed the imposition of tariffs since they were first announced last year New Delhi: India has raised tariffs on 28 items exported from the US with effect from Sunday in retaliation to America’s withdrawal of preferential access for…
The proposal made by Finance Minister Mangala Samaraweera in his budget 2019 to remove the pensioners’ salary anomalies will be implemented effective from next month. Accordingly, over 500,000 public servants who retired before December 31,.2015 will be benefited by the removal of this salary anomaly. The monthly salary of the public servants who retired before…
Hong Kong Business tycoon and philanthropist Li Ka-Shing, Former Chairman of CK Hutchison Holdings, which is the primary shareholder of Hutchison Telecommunications Lanka (HTLL), recently opened a multi-million dollar Buddhist Art Museum in Hong Kong. The Museum sits in the Tsz Shan Monastery which he also helped build. The monastery and the museum were both…
The Government’s vision 2025 – A Country Enriched policy document has identified the importance of enhancing the access to finance for the micro, small and medium enterprises. Accordingly, the Government launched the “Enterprise Sri Lanka” Loan Schemes on an Island-wide basis in 2018, to create an entrepreneurial society, particularly amongst our youth, by providing access…
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