Recognized as one of the world’s preeminent financial advisory and asset management firms, the 170 year old Lazard (www.lazard.com) has shown interest in Sri Lanka, with a visit this week by an international delegation, in co-operation with MTI Consulting. The US$ 2.7 billion global financial advisory firm in conjunction with MTI Consulting, plans to meet officials of the Sri…
Oilprice.com – The rise in oil prices in recent months will pressure the profitability of airlines and will likely result in increased airfares in the coming months, according to airline executives. The price of oil generally accounts for around 30 percent of the costs at an airline. Since June 2017, oil prices have risen by…
Stephen Renna, Director, Advocacy Center, U.S. Department of Commerce, International Trade Administration will meet with members of the American Chamber of Commerce in Sri Lanka this Friday. The meeting will focus on initiatives being carried out by the Advocacy Center to boost business for U.S. companies as well as an open discussion on current…
Sri Lanka Tea Board in collaboration with the Sri Lankan Embassy in Russia in Moscow has organized a Sri Lanka’s Ceylon Tea stand at the Food and Beverages International Exhibition PRODEXPO 2018 being held in Moscow from today. PRODEXPO 2018 Exhibition will be held until February 9. A business delegation of representatives of leading Sri…
Reuters – U.S. stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4.0 percent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year. The declines for the benchmark S&P…
The Colombo Stock Exchange was recently awarded the ISO 9001: 2015 Quality Management System certificate for Human Resources by Bureau Veritas Certification Holding SAS – UK Branch, confirming that the CSE has implemented a quality management system for HR in which all processes and procedures have been carefully designed and quality-tested according to international standards….
BEIJING (Reuters) – Sri Lanka wants a longer-time period to negotiate a free trade agreement with China as it is concerned about the economic impact of a rushed deal on their small country, the Sri Lankan ambassador said on Sunday. There has been rising concern in the South Asian nation about Chinese investment, a key…
Ceylon Roots (Private) Limited and the Sunflower Travel Company of the People’s Republic of China, created history by hosting one of the largest incentive groups from China, for a week in Sri Lanka. The group comprised the best performing sales force of Jiong Aplhay Bio Company of China which is renowned to be the largest…
Coinciding with Sri Lanka’s 70th Independence Anniversary, the government will be launching a new national export strategy this month in collaboration with the government of Singapore, following the strengthening of bilateral relations last month. “On the exports front we are launching a new national export strategy next month with the focus on competitiveness and product…
By the third quarter of 2017, the estimated economically active population in the country was 8.52 million, the Quarterly Report of Sri Lanka Labour Force Survey conducted by the Department of Census and Statistics released recently stated. Out of this 63.1 percent are males and 36.9 percent are females. The economically active population is defined…
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