The Sri Lanka Retailer’s Association (SLRA) entered into a MOU with Ceylon Chamber Of Commerce (CCC) on the 29th of September 2016, which will result in the Chamber providing the Association with secretarial and other required support towards achieving the Association’s objectives and goals. The MOU was signed by Ms. Dhara Wijayatilake, CEO of the…
As per the media reports published recently that SriLankan Airlines is adding brand new A320 Neos to its fleet, the Airline wishes to clarify that all these aircraft were ordered by the former management under the previous government. “What we are doing here is dealing with the aircraft orders placed by the previous management. In…
Asia Capital PLC in collaboration with Japanese foreign investor and partner, Belluna Co. Ltd, has launched an exclusive apartment development project in the upscale Union Place location at a project cost of over USD 50 million (LKR 7.3 Bn). The ground-breaking ceremony of the real estate development titled ‘Luna Tower – Four Four Seven’ was…
The Tourism Leaders’ Summit & International Symposium organised by the Department of Economics, University of Colombo (UOC) was successfully held on the 28th of September at the BMICH. The UNWTO World Tourism Day was celebrated, showcasing the theme “Tourism for All – Promoting Universal Accessibility”, while the International Research Symposium focused on “Integration and Networking…
HypeHash, a group of young App developers emerged winners at the recently held AngelHack Colombo 2016, the local leg of the prestigious AngelHack Global Hackathon Competition. AngelHack is the world’s most respected and largest tech-developer ecosystem, helping to drive open innovation of tech products, platforms, and brands with extraordinary smarts, scale, and speed. AngelHack Colombo…
Reuters – Sri Lankan shares ended weaker for a second straight session on Tuesday, led by top conglomerate John Keells Holdings, though foreign investors’ buying and gains in financials helped to cap the fall. Trading volume was low as cautious investors awaited direction from the budget and September-quarter corporate results. The benchmark index of the…
International trade and business strategies were top of the agenda during a meeting between the Chargé d’Affaires of the Delegation of the European Union to Sri Lanka and the Maldives, Mr. Paul Godfrey and the Executive Director of the International Trade Center (ITC), Ms. Arancha González, held today in Colombo, Sri Lanka. Central to the…
The objective of the Pensions Department is to create an economically and socially satisfied community of pensioners, said Director General of Pensions, Jagath Dias during a discussion with Ada Derana Biz 24×7. The Director General added that steps are being taken to launch an online system for officials expecting to retire to register themselves for…
A recent survey conducted by LankaPropertyWeb.com and the Real-estate Intelligence Unit (RIU) indicates that the majority of Sri Lankans prefer to invest in Real Estate, as opposed to the stock market or bank savings. In one of the most detailed ground surveys carried out about the Sri Lankan Real Estate Sector, 44.1% of respondents said…
Sri Lanka – Germany Business Council of the Ceylon Chamber of Commerce hosted the high powered German Business Delegation arrived in Sri Lanka last week. The delegation from Asia Pacific Business Association, Germany was headed by Mr. Thomas Kriwat, CEO of Mercmarine Group of Companies. Mr. Mark Francis, President of the Sri Lanka – Germany…
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