A critical group of Sri Lankan industry sub-sectors is set to reap bigger gains riding on the surges in e-commerce as well as Indian and Asia-Pacific markets. For the first time, Sri Lanka SMEs are receiving government’s direct support for their packaging efforts. Meanwhile, Colombo’s 38th international industry expo on packaging, paper and printing records…
World Surfing League Qualifying Series 3000, also referred to as So Sri Lanka Pro 2019 is all set to be staged at the World class point break of Arugam Bay from September 25 to 29 of this month, with the participation of over 122 surfers from 24 nations. The Sri Lanka Tourism Promotion Bureau announced…
The shipping market dynamics have changed through international trade disturbances such as the trade war between USA and China, the sanctions against Iran, the uncertainty regarding Brexit, Mercantile Shipping Company PLC chairman H. A. R. K Wickrematileka said. “Shipping market is facing a continuous oversupply of tonnage. At the same time, we see a concentration…
Conclave 2019 sees interests from foreign participants for Agriculture, Power and Energy, Tourism and Leisure, Export Manufacturing/Services, Infrastructure and many other thrust industries As per registrations received to date, there is a rise in interest shown for Agriculture, Power and Energy, Infrastructure development, Export Manufacturing/Services, Knowledge Services and Tourism/Leisure, by delegates registered to date to attend the “Sri Lanka…
Prime Minister Ranil Wickremesinghe yesterday (10) emphasized upon the development projects that were undertaken by the government, such as the expressway systems, road infrastructure projects and the multi-modal transport hub. “We have planned new access roads to enter Colombo, Which begins work today. We are also planning to develop a Megapolis in the Western Province, which…
** Sri Lanka’s rupee closed stronger for a second day on Tuesday, after foreign outflows from government securities showed a declining trend, while stocks too ended higher. ** The rupee ended 0.1% firmer at 180.30/50 per dollar. It closed at 180.40/60 on Monday. The currency is up 1.3% this year. ** Foreign investors sold government…
The Ministry of Finance announced that fuel prices had been reduced with effect from midnight yesterday. Accordingly, Petrol (Octane 92) per litre has been reduced by Rs. 1, the revised price will be Rs. 137; Petrol (Octane 95) will be sold at Rs. 161, decreased by Rs. 2 per litre. One litre of Super Diesel…
Sri Lanka’s Hatton National Bank (HNB) said its listed debenture issue was oversubscribed and was closed at 4.30p.m. today (10) as per the Prospectus. In a stock exchange filling today ( 10) HNB said that “An initial issue of Rs.50 million, Basel III compliant, tier II, listed, rated, unsecured, subordinated, and redeemable debentures at the…
The head of Augmented Human Lab and Associate Professor at Auckland Bioengineering Institute, Prof. Suranga Nanayakkara, believes that a strong visionary leadership is vital to achieve long-term success. “Stayed in Singapore for 20 years, seen how the country has been developing I think all what is needed is a strong leadership and then we rally…
Triad’s local insight wins Silver at globally renowned AD STARS 2019, while being locally recognized by LMD as the most respected ad agency in the country. Triad has been recognized at AD STARS Awards 2019 with a coveted Silver award for its Life Chant campaign, which was launched in partnership with the Public Health Department…
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