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President of Seychelles tours Hemas Hospital Thalawathugoda

The staff, patients, and senior management of Hemas Hospital Thalawathugoda welcomed a landmark visit from the President of the Republic of Seychelles, His Excellency, Danny Faure.   During his visit – which notably constituted the very first international visit from a Head of State to a private hospital in Sri Lanka – Faure met with…

(0)Comments | March 7, 2017 1:21 pm

Ravi K says Sri Lanka meets most of 2016-end IMF targets

Reuters: Sri Lanka has met all targets set by the International Monetary Fund (IMF) for its $ 1.5 billion loan, except the net internal reserves (NIR), Finance Minister Ravi Karunanayake said on Monday. The global lender had a two-week-long review discussion on the island nation’s present economic and financial situation, ever since it disbursed the…

(0)Comments | March 7, 2017 1:14 pm

Aircraft acquired for PIA Premier Service returned to Sri Lanka

KARACHi (Daily Dunya) – The federal government’s ambitious move to revive Pakistan International Airlines (PIA) has suffered a major blow as management of the national flag career is returning premier service aircraft back to Sri Lanka.   Airbus-330 was acquired on lease for premier service of PIA. PIA has paid over $19 million to Sri…

(0)Comments | March 7, 2017 10:49 am

Sri Lankan shares edge up; beverage, telecoms lead

Reuters – Sri Lankan shares closed slightly firmer on Monday, after posting a more than three-week closing low in the previous session, with beverage and telecom stocks driving the gains.   However, investor sentiment continued to remain low amid concerns about rising interest rates.   The Colombo stock index ended up 0.26 percent at 6,117.19,…

(0)Comments | March 7, 2017 10:06 am

BIA ready for A-380 operations – Civil Aviation Minister

As the runaway of BIA has been expanded from 60 to 75 meters, Airbus A-380 operations can be done easily said Minister of Transport and Civil Aviation Nimal Siripala De Silva.   He made these remarks after observing the repair work of the runaway of the Bandaranaike International Airport (BIA) this morning (6th March).  …

(0)Comments | March 6, 2017 5:10 pm

Top Innovation Leaders of JKH, MAS, Hemas, Helavation & CodeGen to speak on ‘Building Innovation Teams’ at Chamber event

The leaders driving innovation in Sri Lanka’s top firms will share expert insights and practical lessons at the upcoming ‘Future of Business’ Innovation Strategy and Learning Event organized by the Ceylon Chamber of Commerce, and will spell out the key ingredients needed in building in-house innovation teams.   Mr. Nathan Sivagananathan, Chief Growth Officer of…

(0)Comments | March 6, 2017 4:25 pm

New Zealand business delegation upbeat re investment prospects in Sri Lanka

A business delegation of fourteen New Zealand companies arrived in Sri Lanka on 6 March to further strengthen business links between the two countries.   Sri Lanka is New Zealand’s 23rd largest goods export market and is worth NZD$254million. New Zealand is Sri Lanka’s 54th largest goods export market worth NZD$55million. New Zealand’s top exports…

(0)Comments | March 6, 2017 11:58 am

Less Chinese, more Indian tourists arrive in Sri Lanka now

The number of tourist arrivals in Sri Lanka during February 2017 has been 197,517, says the Tourism Development Authority of Sri Lanka.   When compared to the tourist arrival during February 2016, this is a drop of 0.1 per cent. However, the number of arrivals during January 2017 had increased from 194,280 to 219,360 indicating…

(0)Comments | March 6, 2017 11:48 am

Commercial Bank wins international award for Best Sustainable Strategies

Only Sri Lankan entity to be honoured at Global Sustainability and CSR Excellence and Leadership Awards   A strategic approach to sustainable business has won the Commercial Bank of Ceylon a prestigious award at the Global Sustainability and CSR Excellence and Leadership Awards in Mumbai, India.   The country’s benchmark private sector bank received the…

(0)Comments | March 6, 2017 11:45 am

New Zealand Minister leads business delegation to Sri Lanka

New Zealand Minister, Hon David Bennett is leading a business delegation of fourteen New Zealand companies to further strengthen business links between the two countries.   New Zealand Trade and Enterprise, with support from The Ceylon Chamber of Commerce, is hosting the New Zealand business delegation from a range of industries such as aviation, technology,…

(0)Comments | March 6, 2017 11:12 am

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