Hyundai is expected to showcase Ioniq hybrid and electric cars at Auto Expo 2018 scheduled to be held in February livemint – Hyundai Motor India Ltd will introduce its electric vehicle brand Ioniq in India to tap into India’s ambitious plans to have an all-electric fleet in the country by 2030. Ioniq, the brand under…
NASSCOM Executive Council members met Sri Lankan Prime Minister Ranil Wickremesinghe in Colombo on Thursday, November 30, 2017. NASSCOM, a not-for-profit industry association, is the apex body for the USD 150 billion Indian Technology industry. that employs 3million people. Members of the Executive Council (all CEOs of the largest Technology companies in…
A delegation of Sri Lanka Pakistan Friendship, Trade and Investment Association met the High Commissioner of Pakistan, Dr. Shahid Ahmad Hashmat at the High Commission premises recently. President of the Association Ifthikhar Aziz, briefed the High Commissioner about history and activities of the Association including various social welfare and cultural activities under the purview of…
The Embassy of Sri Lanka in Oslo held a tourism promotion event on 22nd November at the Mission premises.Leading travel agents, travel operators, renowned travel writers and travel journalists, representatives of major airlines servicing Sri Lanka as well as travel and tourism fair organizers were invited to the event. After the presentations that highlighted the attractions…
To promote productivity of tea small holding sector in Sri Lanka, the Ministry of Plantation has taken steps to start a special program to modernize 500 tea factories in the country. To achieve this task, the ministry is seeking financial assistance for this project and to famed banks in Japan JMIC and MUFG have shown…
Dialog’s ‘Digital Transformation Initiative’ Leapfrogs toward Digital and Financial Inclusion in Sri Lanka Sri Lanka’s premier connectivity provider, Dialog Axiata PLC and Australia’s Department of Foreign Affairs and Trade (DFAT) collaborate to pilot a digital payment platform roll out across 200 ATM locations in Sri Lanka’s Northern Province. The announcement was made today at the…
Reuters – Sri Lankan shares ended slightly firmer on Thursday ahead of a long weekend, edging up from a more than two-month closing low hit early in the week in thin trade as investors awaited direction on political and economic fronts. The Colombo Stock Index ended 0.1 percent up at 6,411.84, edging up from its…
A framework arrangement (FA) was signed yesterday between the Government of Sri Lanka and Government of Korea in the presence of the Presidents of the two countries. The commitment amount of the FA was increased from USD 300 million to USD 500 million to celebrate the 40th anniversary of diplomatic ties between Sri Lanka and…
South Asia’s ambitious plans to meet its climate targets under the Paris Agreement represent $3.4 trillion worth of investment opportunities in cities and infrastructure by 2030, according to a new report released today by IFC, a member of the World Bank Group. Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka, which represent 7.38 percent of…
President of Republic of Korea, Moon Jae- in promised to provide technical assistance to set up a Tech City in Homagma and Aero City in Katunayake during the discussion with Sri Lankan President Maithripala Sirisena Wednesday (29th Nov.) , held at the Cheong Wa Dae or the Blue House, the President’s House in Seoul. Agreements…
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