By Dr R Seetharaman Gulf Times – Sri Lanka has enjoyed close ties with Qatar, with over 120,000 Sri Lankans making up for close to 2.68mn population of Qatar. Diplomatic relation between Sri Lanka and Qatar persists since 1976. Sri Lanka has preferential and free trade agreements with India, Pakistan, Iran, Egypt, Singapore and Israel….
Subsequent to the agreement signed between Sri Lanka Ports Authority and the China Merchant Port Holdings Co. Ltd., US $ 292.1 mn has been credited to the US Dollar account of Government of Sri Lanka maintained at the Central Bank of Sri Lanka.
The CEO of the Colombo Stock Exchange Mr. Rajeeva Bandaranaike recently joined leaders from the global capital market and business fraternity at the ‘London Global Convention – 2017’ on Corporate Governance & Sustainability, which was organized by the Institute Of Directors India. The Convention aimed to provide a deeper understanding of the individual elements that…
MOSCOW (Reuters) – Russia’s agriculture safety watchdog will resume imports of tea from Sri Lanka, RIA news agency cited its head Sergey Dankvert as saying on Monday. Russia placed temporary restrictions on imports of tea and all other agricultural products from Sri Lanka from Dec. 18 after a beetle was found in a tea consignment….
SriLankan Airlines regrets that unforeseen thick ground fog in Abu Dhabi UAE last night (Dec 22) led to the closure f the airport and diversion of UL207 to Al Ain Airport. Due to the inability of accommodating the passengers there and with Abu Dhabi suffering extended delays, the aircraft was repositioned to Muscat. Due to…
Reuters – Sri Lankan shares ended flat on Friday for a second straight session, while trading was muted with turnover hitting its lowest level in a year ahead of Christmas holidays. The Colombo Stock Index ended 0.22 points firmer at 6,323.74, edging up from its lowest close since April 11 recorded on Wednesday. The bourse…
Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics (DCS), decreased to 8.4 per cent in November 2017 from 8.8 per cent in October 2017, on year-on-year basis. The change in the NCPI measured on an annual average basis increased…
The Commercial Bank of Maldives (CBM), a subsidiary of the Commercial Bank of Ceylon PLC, recently opened its second branch in the Maldives, a little over a year since it commenced operations in the archipelago. The new branch is located in Hulhumalé, the reclaimed island that is connected by road to the airport island of…
Reuters – Sri Lankan shares ended steady on Thursday, near an eight-month low hit in the previous session, as losses in oil palm and telecommunications offset gains in banking and diversified stocks. The Colombo Stock Index ended 0.03 percent firmer at 6,323.52, edging up from its lowest close since April 11 touched on Wednesday. Trading…
For the promotion of the economic growth and reduce poverty, creating more stable, secure country with new business opportunities abroad, , the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors decided to reselects Sri Lanka for Its grant program, at meeting held Yesterday. The Sri Lankan embassy describe this re-selection bears testament to the…
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