Sri Lankan Government’s top policy makers led by His Excellency the President Maithripala Sirisena is slated to attend the upcoming Sri Lanka Economic Summit 2016 and will discuss how to ‘Focus.Act.Deliver’ to propel the nation’s economy to new heights. His Excellency the President will kick start the two day event organized by the Ceylon Chamber…
Japan’s Citrus Kingdom wants to establish direct trade links with Sri Lanka-starting with its globally renowned oranges and transfer of its fishery technology to Sri Lanka. “Our Prefecture is now looking for wider partnership with Sri Lanka in industry, trade, agriculture and business” said Chief Counsellor to the Ehime Prefectural Governor General Tatsuhiko Kato on…
Cabinet of the Ministers has given its approval for establishing an Independent Aircraft Accident Investigation Bureau in Sri Lanka. Sri Lanka, as a member of the Convention on International Civil Aviation, it is essential to establish an independent institution to investigate aircraft accidents in the country. The Bureau will improve the security of aviation services;…
Forbes – China just requested 15,000 acres of land in southern Sri Lanka for the creation of a special economic zone that will reputedly create one million jobs, according to the country’s Minister of Development Strategies and International Trade. 15,000 acres is roughly 60 square kilometers, which is significantly larger than Hartford, Connecticut or Providence,…
Judging for the ‘Woman Entrepreneur of the Year’ awards ceremony, to determine the best performing women owned businesses, has drawn to a close. An impressive line- up of carefully selected judges spent 3 days pouring over many applications and has arrived at the finalists and category winners. The exceptional performance of women in the business…
Reuters – Sri Lankan shares ended slightly lower on Wednesday as investors sold blue-chips such as John Keells Holdings Plc and Ceylon Tobacco Company Plc even as the market awaited directions on the country’s economic policy. The benchmark Colombo stock index ended down 0.09 percent at 6,382.42. It has fallen for three straight sessions through…
Special Economic Zones (SEZs) will be allotted to India and China for establishing industries in Sri Lanka, Malik Samarawickrama, Sri Lankan Minister of International Trade and Strategic Development said on Tuesday. “Indians will be setting up pharmaceutical and auto parts industries in their zone. The Chinese have asked for 55 sq km (15,000 acres) of…
Public Utilities Commission of Sri Lanka (PUCSL) launched the training programme of regulatory accounts for the staff of Ceylon Electricity Board (CEB) and the Lanka Electricity Company (Private) Limited (LECO) as utilities require to prepare and submit their accounts according to the newly introduced accountancy guidelines by the Commission by year 2017, which assures transparency…
DIMO and University of Moratuwa celebrate ground-breaking achievements of Sri Lankan race car The D-Mora P1 race car built by the engineering students from the Faculty of Engineering of the University of Moratuwa with the backing of Diesel & Motor Engineering PLC (DIMO), one of the leading automobile companies in Sri Lanka, won 3 awards…
The Ceylon Chamber of commerce in collaboration with Fair Deal AS, a globally spread import sourcing arm will hold a seminar in the Chamber to educate and help local importers source quality goods at factory cost, thus increasing their margins. Mr. Jan Erik Groos, CEO and Chairman of the Norway based Fair Deal AS and…
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