Sri Lanka Gem & Jewellery Association signs MOC’s with Guangdong Gems and Jade Exchange in Sri Lanka to enhance bilateral trade The Sri Lanka Gem and Jewellery Association (SLGJA) signed an MOC (Memorandum of Cooperation) with Guangdong Gems and Jade Exchange (GDGJE) in Colombo today, the landmark agreement signifies a new phase of development between…
~ At SLECC from 30th September to 2nd October 2016 The Embassy of Sri Lanka in Beijing, together with MP Events Lanka (Pvt) Ltd and the China Council for Promotion of International Trade (CCPIT), Building Materials sub council Beijing launched Hotel, Hospitality & Food Asia 2016 Exhibition (HHF) amidst a large gathering of Chinese media…
Tourist arrivals into Sri Lanka 964,267 during the first six months of 2016, which is a growth of 16.2 per cent when compared against the same period of last year, reveal latest statistics. Sri Lanka Tourism Development Authority recently released its latest data according to which 118,038 tourists have arrived in Sri Lanka during June…
The Commercial Bank of Ceylon has added a new dimension to its Online Banking platform by enabling foreign currency account holders to carry out fund transfers between accounts maintained in different currencies other than Sri Lankan rupees. These transactions can be carried out between accounts maintained under a customers own name in eight major currencies…
Telangana government was keen on building relationships with the neighboring countries like Sri Lanka and to strengthen cooperation in the fields of tourism, health and social sectors. This was stated by Chief Secretary Dr Rajiv Sharma to the visiting Sri Lankan journalists, who called on him at the secretariat on Friday. A 15-member journalists’ delegation…
Fitch Ratings has assigned Sri Lanka-based cable manufacturer Sierra Cables PLC (Sierra) a National Long-Term Rating of ‘BB+(lka)’. The Outlook is Stable. Sierra’s rating reflects its established core business, which has an extensive product portfolio, modest but expanding market share and stable EBITDA margins. This is counterbalanced by exposure to cyclical end-markets, risks associated with…
Victoria sees great potential in Sri Lanka as a new and emerging market for agribusiness The Australian High Commission, Colombo recently hosted a food and wine event to showcase Australia’s finest produce. Held at the Australian Residence, the reception had 150 guests dine on an exceptional menu prepared by celebrity chef, Mr Adam D’Sylva, with…
NEW DELHI: Sri Lanka has invited Indian pharmaceutical companies to set up operations in the country by offering them space in its special economic zones, a prospect that has raised concern for domestic manufacturers. The Sri Lankan government could also offer sops to Indian firms which invest to expand the production of formulations and bulk…
Reuters – Sri Lankan shares fell for a 10th session in 11 and posted their lowest close in nearly three months on Monday, due to worries about the imposition of a capital gains tax on equities and rising interest rates, brokers said. The benchmark Colombo stock index ended 0.51 percent weaker at 6,254.77, its lowest…
‘Sri Lanka Economic Summit 2016’ will commence its second and the final day with a session dedicated for a reality check on the country’s existing talent pool, with the participation of top corporate executives and government officials, both from local and overseas. The session 5 of the summit ‘Growing Sri Lanka’s talent pool – Reality…
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