The Sri Lanka Association of Inbound Tour Operators (SLAITO) has extended its support to the initiative taken by the Department of Wildlife to limit the number of vehicles entering Yala National Park. The Association is of the view that Yala is over visited and continued over visitation will only result in the ruin of Yala…
Makes presentation at 3rd Forum of 21st Century Maritime Silk Road and 6th Shenzhen International Port Chain Strategy Forum The pivotal role played by the Port of Colombo in global trade and its contribution towards the betterment of the South Asian region was the focus of a presentation made by Colombo International Container Terminals…
Sri Lanka is aiming to expand its presence in Qatar. “Sri Lanka is aiming to expand its presence in Qatar, specifically in the Qatari employment market” said the Minister of Industry and Commerce Rishad Bathiudeen on 25 October. Joined by HE the Preident Maithripala Sirisena, Minister Bathiudeen was addressing the ‘Qatari-Sri Lankan Business Forum’ in…
The Central Bank of Sri Lanka with a view to ensuring a stronger and dynamic banking sector has increased the minimum capital requirements for licensed commercial banks (LCBs) and licensed specialised banks (LSBs). The capital considered for this purpose is largely represented by high quality capital, which has higher loss absorbing capacity. Enhancing minimum capital…
HNB Grameen Finance Limited recently appointed two Directors to their Board with the objective of further strengthening the company. The new appointees Mr. Rajive Dissanayake and Mr. Mahinda Perera are highly competent and resourceful members who have been handpicked to steer HNB Grameen Finance Limited towards achieving and maintaining the status of being the most…
Reuters – Sri Lankan stocks touched a near two-week closing high on Wednesday, as investors picked up shares of banks and beverages companies, brokers said. The Colombo stock index finished 0.36 percent firmer at 6,614.55, its highest close since Oct. 13. Shares of Sampath Bank Plc climbed 4.2 percent, while Ceylon Cold Store Plc ended…
The Ceylon Chamber of Commerce in collaboration with International Trade Center recently, conducted a workshop through a train-the-trainer methodology to create awareness among the private sector on the latest WTO Trade Facilitation Agreement. The two day work shop conducted in Colombo early this month was aimed at helping businesses, especially the local SME sector to…
Robotics enabled by artificial intelligence and machine learning is proving to be a game changer that will bring unique operational efficiencies to the financial service industry, worldwide. In Sri Lanka, continuing with their trend of pioneering innovative digital banking solutions, Sampath Bank is poised to revolutionize the financial industry with a banking robot that works…
The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) will host an inaugural lecture by Dr. Ganeshan Wignaraja on “A Recovering Global Economy? The Dynamics of China and India in the Future of Global Growth.” This event will be held on Tuesday, 31 October 2017 from 4:30 PM to 6:00 PM at The…
Releasing the annual report of the Sri Lanka Labour Force Survey (LFS) for 2016, Dr. A.J. Satharasinghe, Director General of the Department of Census and Statistics said labour force for the year 2016 has been estimated as 8.3 million. This was about 54 percent of the total working age population, of 15.4 million persons (age…
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