Chairman of the Indian Ocean (Pvt.) Ltd. affiliated to the South Korean company, Dejin which is responsible for the Korea-Sri Lanka joint programme of Octopus Harvesting Soo – Yong- Shin recently briefed the State Minister of Fisheries and Aquatic Resources Dilip Wedaarachchi that the first stock of Octopus processed for export purposes is ready to…
Sri Lanka has been given a fresh opportunity to showcase its investment and export portfolios to the emerging markets as well as the huge Russian region through a premier global Forum, dubbed as Russia’s Davos. “St. Petersburg International Economic Forum (SPIEF) is a unique event in the world of business and economics. We officially…
Aims to attract Foreign Direct Investors to Sri Lanka The Ceylon Chamber of Commerce will organize the “Sri Lanka Investment & Business Conclave 2017” from 30th May to 1st June 2017 in Colombo to attract much needed Foreign Direct Investors to Sri Lanka, Business partners for Exports and Imports and also to promote Tourism,…
The Board of Investment (BoI) of Sri Lanka hosted a delegation from the China Council for the Promotion of International Trade (CCPIT) Beijing Chapter who was visiting Sri Lanka to study the potential for trade and investments between the two countries. The eight-member delegation, which was led by Lin Hai, Director of CCPIT expressed…
The Export-Import Bank of Korea (Korea Exim bank) signed an aide memoire with Asian Development Bank (ADB) and the Government of Sri Lanka (GoSL) on 26th April, marking the launch of ADB-KSP Joint Consulting to support the GoSL in drawing a blueprint for the Colombo-Trincomalee Economic Corridor (CTEC). The signing ceremony was preceded by…
Driving towards attitudinal change for conscious waste management at home Being the pivotal hub of political, economical and commercial activities in the country, Colombo draws hundreds and thousands of individuals every day. The statistics have revealed that the city which nestles 750,000 residents is visited by a staggering number of people amounting to 2…
South Asia apparel conglomerate, MAS Holdings, recently took a significant step as it sealed its commitment to become the first Sri Lankan apparel group to commence manufacturing in the United States. MAS Holdings will achieve this through the acquisition of the business operations of Acme McCrary Corporation, which is established in North Carolina. Its Western…
Upward Trend In Expectation For Reduction Of Corruption Perceived Economic Opportunity PEO: February, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in February 2017 covering all districts in Sri Lanka on their expectations of…
The High Commission of Canada is pleased to announce the participation of 10 small and medium sized exporters to the international food and beverage trade show SIAL Canada 2017 to be held from 2 to 4 May in Toronto, Canada. In addition to the trade show, these companies will also be participating in a business…
Reuters – Sri Lankan shares closed at a near seven-month high in heavy trading on Thursday as foreign buying for 25 sessions in a row took net inflows into equities to 13.1 billion rupees ($86.1 million) and boosted sentiment. Foreign investors bought shares worth 810 million rupees on a net basis in the session, bringing…
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