Successful leaders of acclaimed global firms, such as the ones from, Google, McKinsy & Company, AirBnB, DERTOUR, Shangri-La Hotels and Pemandu Malaysia and high profile public officials of foreign countries are lined up to share their expertise at the upcoming Sri Lanka Economic Summit 2016. Among the speakers would be Dato Sri Idris Jala, CEO…
– Chartered Engineer Malith Mendis Chartered Engineer Malith Mendis called for the establishment of a strong Public Private Partnership (PPP) unit to encourage investment into Sri Lanka. Addressing a Seminar on “Challenges & Opportunities for Infrastructure Development in Sri Lanka” jointly organized by the Civil Engineering Sectional Committee of the Institution of Engineers Sri Lanka…
The 53rd Conference of the Directors General of Civil Aviation of the Asia and Pacific Region is scheduled to be held in Colombo, Sri Lanka from 1st to 5th August 2016. The Conference has three components, the Regional Aviation Safety Group Meeting (RASG) and Regional Aviation Security Coordination Forum (RASCF) which will be held in…
With an objective of promoting the growing non-interest based Islamic banking and finance industry in Sri Lanka and the region, Amãna Bank has come forward to sponsor the inaugural Islamic Finance Forum of South Asia (IFFSA) as its Lead Banking Partner. The event, which is to take place on 26 and 27 July at Ramada…
Reuters – Sri Lankan shares rose for a second straight session on Friday and posted its highest close in a month, helped by gains in large-cap beverage shares, while investors awaited directions on the macro economy. The benchmark Colombo stock index ended up 0.18 percent, or 11.31 points, at 6,428.77, its highest close since June…
The Commercial Bank of Ceylon PLC has become the only Sri Lankan bank to be ranked among the Top 1000 Banks of the World for the sixth year running, setting yet another benchmark for consistency. This prestigious ranking is published annually by ‘The Banker’ magazine of the UK, and the 2016 list is based on…
Investors and industry players in Sri Lanka should seize the opportunity to choose Malaysia as their preferred investment destination. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said many business people, especially investors, overlook Malaysia as a safe haven for investments. He said Sri Lanka achieved foreign direct investments worth some USD2billion from companies…
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, increased to 6.4 per cent in June 2016 from 5.3 per cent in May 2016, on year-on-year basis. Both Food and Non-food categories contributed towards the year-on-year inflation in June 2016….
Kuwait, the Persian Gulf economy with a longstanding aquaculture tradition, revealed its keenness for Lankan seafood -and also expressed its interest to partner with the Lankan fishery industry. “We import fish from other South Asian countries but not from Sri Lanka” revealed the Kuwaiti Minister of Commerce Yousuf M Abdullah Al-Ali on 18 July in…
The World Bank reiterates that it is prepared to extend its full assistance towards Sri Lanka. The new World Bank country director Dr. Idah Pswarayi-Riddihough stated this when she met Finance Minister Ravi Karunanayake Wednesday morning (July 20). The meeting between Dr. Idah Pswarayi-Riddihough and Finance Minister Ravi Karunanayake was held at the Ministry of…
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