Marking the over 45 years old development cooperation between the Sri Lanka and France, The Government of French Republic agreed to extend its assistance to Sri Lanka, by providing a Euro 13.9 million (approximately SLR 2,514 million) concessional loan for the implementation of Development of Six Mini Dairies Project. The proposed project will include complete…
The Colombo Stock Exchange (CSE) recently held its year-end employee recognition event themed ‘CSE Star Performers 2017’. The event recognized long-serving employees, young achievers and employees that have best demonstrated CSE’s corporate values. Five employees were rewarded with the ‘CSE Value Champion’ accolade for championing CSE’s corporate values of Integrity, Professionalism, Teamwork, Care, and Passion….
The Embassy of Sri Lanka in Poland participated in the International Charity Bazaar 2017, held at the Marriot Hotel in Warsaw. The Charity Bazaar is organized annually by the Association of Spouses of Heads of Missions (SHOM) Warsaw in the month of December. The event is held to raise funds for charitable organizations that help…
NEW YORK (Reuters) – Oil prices surged to 2-1/2-year highs and U.S. crude touched $60 a barrel in light trading volume on Tuesday, boosted by news of an explosion on a Libyan crude pipeline as well as voluntary OPEC-led supply cuts. Armed assailants blew up a pipeline pumping crude oil to the port of Es…
Reuters – Sri Lankan shares touched a near two-week closing high on Tuesday, as investors picked up banking and diversified stocks, with muted trading as investors went on holiday in the Christmas week. Investors were also waiting for direction on interest rates when the central bank unveils its monetary policy later this week, analysts said….
Sri Lanka has been ranked the first in the South Asian region on the newly published Global Food Security Index 2017, obtaining 66th place in the global ranking. Bangladesh and Nepal ranked 80th position and Myanmar has been reported as 81st in the index while Pakistan is at 77th rank, India secured the 74th position….
By Dr R Seetharaman Gulf Times – Sri Lanka has enjoyed close ties with Qatar, with over 120,000 Sri Lankans making up for close to 2.68mn population of Qatar. Diplomatic relation between Sri Lanka and Qatar persists since 1976. Sri Lanka has preferential and free trade agreements with India, Pakistan, Iran, Egypt, Singapore and Israel….
Subsequent to the agreement signed between Sri Lanka Ports Authority and the China Merchant Port Holdings Co. Ltd., US $ 292.1 mn has been credited to the US Dollar account of Government of Sri Lanka maintained at the Central Bank of Sri Lanka.
The CEO of the Colombo Stock Exchange Mr. Rajeeva Bandaranaike recently joined leaders from the global capital market and business fraternity at the ‘London Global Convention – 2017’ on Corporate Governance & Sustainability, which was organized by the Institute Of Directors India. The Convention aimed to provide a deeper understanding of the individual elements that…
MOSCOW (Reuters) – Russia’s agriculture safety watchdog will resume imports of tea from Sri Lanka, RIA news agency cited its head Sergey Dankvert as saying on Monday. Russia placed temporary restrictions on imports of tea and all other agricultural products from Sri Lanka from Dec. 18 after a beetle was found in a tea consignment….
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