RIYADH: A Sri Lankan labor delegation has agreed to follow Saudi Arabia’s Musaned online recruitment system following a meeting with senior officials. A four-member Sri Lankan team headed by G.S. Withanage, secretary at the Ministry of Foreign Employment, met with Deputy Minister of Labor and Social Development Ziyad AI-Sayegh at the headquarters of the Labor…
Prime Minister Ranil Wickremesinghe and Vietnam Prime Minister Nguyen Xuan Phuc held discussions about strengthening the bilateral relations between Sri Lanka and Vietnam during the World Economic Summit in Switzerland. It was stressed that these relations should be strengthened based on the traditions and culture which are same for both countries. Vietnam PM said that…
Professor Sir Robert Watson is a leading authority on climate change, having led the UN Intergovernmental Panel on Climate Change (IPCC), which was awarded the Nobel Peace Prize in 2007. He is the current chair of the Intergovernmental Platformfor Biodiversity and Ecosystem Services. He had also served as the Chief Scientific Advisor to the Office…
An iconic Sri Lankan property development continues to attract significant international investor interest, its developer reports following participation in a major industry event in China. Indocean Developers, promoter of the rapidly-rising Altair twin tower in Colombo, was among 138 top notch exhibitors from 37 countries at the Luxury Property Showcase (LPS) in Shanghai recently. Considered…
Reuters – Jan 20 New Zealand and Sri Lanka will open diplomatic posts in each other’s nations and are considering a free trade agreement, the Pacific country’s trade minister said on Friday. New Zealand trade minister Todd McClay and Sri Lankan Prime Minister Ranil Wickremesinghe instructed officials to consider a framework to boost economic ties,…
Reuters – Jan 19 Sri Lankan stocks hit a more than one-week closing low on Thursday, falling for a fourth straight session, as uncertainty over foreign investments and rising yields on short-term government securities hurt investor sentiment. Block deals however boosted turnover to a three-week high. The Colombo stock index ended down 0.33 percent at…
Blue Mountain Apartments, part of the Blue Mountain Group, held the ground-breaking ceremony of its most iconic development project and one of the biggest such projects to-date – Achilleion, Colombo’s first 7 star luxury apartment complex, on 19th of January, amongst a distinguished gathering of several diplomats, VIP guests and other distinguished members of the…
Sri Lanka’s leading investment banking firm and the preferred partner in financial markets, Capital Alliance Limited (CAL), has been assigned the issuer rating of [SL]A- with stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited (a group company of Moody’s Investors Service). The rating factors CAL’s position as one of the leading standalone primary…
Sri Lanka’s premier exhibition in the construction sector “Construction Expo 2017”, featuring all aspects related to the construction and building industry will be held on June 2,3 and 4, at the BMICH. “This event showcases products and services that help the participants to interact with all the stakeholders and key service providers within the building…
The Employees’ Trust Fund (EPF) and Sri Lanka Insurance took steps today (19 January) to divest their shares at Royal Ceramics Lanka PLC. Accordingly, 1,981,270 (1.77%) shares owned by ETF, which is the 5th largest shareholder of Royal Ceramics Lanka PLC, and 1,353,186 (1.22%) shares of the 9th largest shareholder, Sri Lanka Insurance – Life…
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