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Colombo to Host New Asia Hotel and Tourism Investment Conference

Sri Lanka, one of the top two emerging hotel and resort markets in Asia, is to host the first Asia Hotel and Tourism Investment Conference (AHTIC), a top-level gathering of international investors, business leaders, government ministers and officials. President of Sri Lanka, H.E. Maithripala Sirisena, is supporting the conference as patron and speaking at the…

(0)Comments | July 20, 2016 11:42 am

Joint Press Release following the 20th meeting of the European Union – Sri Lanka Joint Commission

The 20th meeting of the European Union (EU) – Sri Lanka Joint Commission took place in Brussels on 19 July 2016. The meeting was co-chaired by Mrs Chitranganee Wagiswara, Secretary of the Ministry of Foreign Affairs of Sri Lanka, and Mr Gunnar Wiegand, Managing Director for Asia and the Pacific at the European External Action…

(0)Comments | July 20, 2016 10:51 am

“Evening with a Corporate Leader” – Thematic seminar series for creating a culture of knowledge and connectedness organized by Colombo School of Business and Management

Colombo School of Business and Management or CSBM is the only Business School in Sri Lanka governed by a combined structure of both visionary corporate leaders and respected senior academics. The philosophy on which the business school was built is to develop world-class corporate leaders with multiple competencies who thrive in the global business environment…

(0)Comments | July 20, 2016 10:00 am

Sri Lanka moves for SDG-2030 with call for global backing

Having achieved remarkable progress in its Millennium Development Goal (MDG), Sri Lanka called for global support on its Sustainable Development Goal (SDG) targets on 19 July in Nairobi, Kenya. “We are optimistic that active engagement with necessary resources and capacity development assistance by the international agencies, we may be able to reach Sustainable Development Targets…

(0)Comments | July 20, 2016 9:50 am

KTR Invited For Sri Lanka Human Capital Summit

Telangana Minister for IT, Municipal Administration, Industries and Commerce and NRI Affairs K T Rama Rao has been invited for the first ever Sri Lanka Human Capital Summit 2016 to be held in Colombo on August 11 and 12. KTR will participate as the guest of inaugural session of the summit by National Human Resource…

(0)Comments | July 19, 2016 7:50 pm

Sri Lankan shares end down ahead of govt policy statement

Reuters – Sri Lankan shares ended weaker on Monday, from their more than three-week closing high hit in the previous session, as investors turned cautious ahead of the government’s policy statement next month. The bourse touched a three-week high on Friday after investor sentiment was boosted with Sri Lanka raising $1.5 billion in its first…

(0)Comments | July 19, 2016 2:05 pm

Globally renowned Martin Roll and Sam Dias to share insights on brand strategy and brand valuation at CA Sri Lanka Strategy Summit

Two globally renowned strategy specialists, Martin Roll and Sam Dias is set to take Colombo by storm at next week’s Strategy Summit organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), where they will share invaluable insights and expertise on brand strategy and brand valuation with corporate leaders, helping them redefine…

(0)Comments | July 18, 2016 5:13 pm

Dr. Senthilverl refuses to sell ownership in Browns Hydro Power

Dr. T. Senthilverl has announced that he has no intentions of selling his 13,328,770 of shares in Browns Hydro Power PLC. Dr. Senthilverl is the second largest shareholder in Browns Hydro Power and is a member of its Board of Directors. While Lotus Renewable Energy (Private) Limited last week consolidated its majority shareholding in Browns…

(0)Comments | July 18, 2016 11:55 am

Singapore launches talks for free trade deal with Sri Lanka

Reuters – Singapore and Sri Lanka have started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state’s trade minister said on Monday. Sri Lanka’s push to build infrastructure and develop its industries presented prospects for Singapore firms to partner with companies in…

(0)Comments | July 18, 2016 11:50 am

Thailand acquires Sri Lanka’s Norfolk Foods

Thailand’s Charoen Pokphand Foods PLC recently moved in to acquire 80 per cent shares of Sri Lanka’s prominent food producer Norfolk Foods (Private) Limited with an investment of 04 million US dollars. While this acquisition was handled on behalf of Charoen Pokphand Foods PLC by its subsidiary CPF Investment Ltd by acquiring ownership of 50…

(0)Comments | July 18, 2016 11:03 am