The Import Section of the CCC organized a seminar to discuss the proposed new customs law and the change in the current customs ordinance focusing on areas such as how the new law will cover online payments and e-document submissions, how it will boost international trade, what changes will be imposed on investigations and penalties…
Four social entrepreneurs from MTI’s ‘idea2fund’ platform were selected and awarded a start-up grant from Mr. Ricky Mendis to kick-start their ventures. The entrepreneurs; Anoma de Alwis, Chathurika Kahavita, Bhagya Galawatta and Shalini Wickramasuriya presented their ventures and was awarded the seed funding by Mr. Mendis. ‘idea2fund’ platform was developed to recognize the most innovative…
Reuters – Sri Lankan stocks ended steady on Monday, as gains in financial shares were offset by losses in consumer staples, amid foreign outflows and tax hike concerns. Foreign investors sold a net 183 million rupees worth of shares on Monday extending the year-to-date net forging outflow to 3.01 billion rupees worth of equities. The…
SriLankan Airlines will enhance its focus on the Asia / Middle East region by commencing services between the Pakistani city of Lahore and Sri Lanka’s capital Colombo from 27th September 2016. Ajith Dias, Chairman of SriLankan airlines, said: “This is an important step in our strategy of increasing our focus on Asia, from the Middle…
Maldivian President Abdulla Yameen Abdul Gayoom graces formal launch in Malé History was made when the Commercial Bank of Maldives, a subsidiary of Commercial Bank of Ceylon and a joint venture with Tree Top Investments Maldives, formally inaugurated its banking operations in the Maldives on Monday, 26th September with the opening of its head office…
Mr. Matthew Groom, Minister for State Growth, Tasmania, recently led a delegation to visit CINEC Campus in Malabe. Along with Mr. Groom, other senior officials from the Ministry of State Growth that visited the Campus comprised of Sean Terry -Chief of Staff Minister for State Growth, Mark Bowles -Executive Director Trade and International Relations, Anne…
The Colombo Stock Exchange (CSE) will host a seminar on current market conditions on Wednesday, the 28th of September from 6.00 p.m. – 8.30 p.m. The general public will be provided with the opportunity to follow the seminar live, online through the CSE Education Portal. Registrations for online streaming could be made via https://cse.edu.lk/user/register and…
M. V. Mogens Maersk, one of the world’s largest ships arrived in Colombo on 23rd September at 1300 hrs local time. To mark the occasion, an on-boarding ceremony was organized at the CICT Terminal at the Colombo port. Senior officials from the Maersk Group and regional office Maersk line in Sri Lanka along with Sri…
Colombo Fort was lit up in brilliant shades last Thursday night as Fairway Holdings celebrated the grand opening of its brand new city hotel – the ZMAX Fairway Colombo. The 15th of September 2016 marked the completion of yet another milestone in the real estate giant’s journey as it made its first entry into the…
A modern-day architectural marvel is taking physical shape before Colombo’s eyes, as Altair’s iconic twin towers rise into city sky at remarkable speed. Promoter Indocean Developers reports that the building gained six floors in August 2016 — a benchmark given the intricacies of its structural design — and had reached its 32nd level by the…
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