Women in Management (WIM) and IFC, a member of the World Bank Group, are inviting nominations for the ‘Top 50’ Professional and Career Women Awards 2017. Now in its seventh edition, these awards recognize women who inspire others with their successes in career, business, and everyday life. IFC and WIM work together in Sri Lanka…
Reuters – Sri Lankan shares hit a one-week closing low on Monday, as investors sold shares of blue chip firms such as Ceylon Tobacco Company Plc and John Keells Holdings Plc amid concerns over rising market interest rates. The Colombo stock index fell 0.33 percent to 6,139.51, slipping for a third straight session to its…
Despite a huge 400,000 MT volume of rice supply has been discovered to be available within Sri Lanka’s retail market at this very moment, an unscrupulous play within the system has resulted in a supply crisis, alleged Sri Lanka’s Minister of Industry and Commerce on 20 February in Colombo. Minister of Industry and Commerce Rishad…
The Central Bank of Sri Lanka (CBSL) today launched a Data Library to the general public via the CBSL external website. Data Library of CBSL is a comprehensive database consisting of time series data on a variety of topics spanning across Real, Monetary, Fiscal, External and Financial sectors. It facilitates numerous data requirements by enabling…
Life insurance leader Ceylinco Life has announced the appointment of Mrs Upamalika Ratnayake as the company’s Chief Digital Officer (CDO) with immediate effect, to lead digital innovation in processes and product delivery. Mrs Ratnayake, who has served Ceylinco Life for 17 years, was the company’s first Chief Information Officer (CIO). A Member of the British…
The Ceylon Chamber of Commerce together with GS1 Lanka will hold a workshop under the title ‘Understand Supply Chain through Global Standards’ which will explain to participants on how to use GS1 standards, the most widely used supply chain system in the world as a common language. The full day seminar will focus on delivering…
Tata Motors will leverage Microsoft’s connected vehicle technologies that bring together artificial intelligence (AI), advanced machine learning, and the Internet of Things (IoT) New Delhi: Indian automobile manufacturer Tata Motors and tech giant Microsoft India today announced a strategic agreement to redefine connected and personalized driving experiences for Indian customers. Tata Motors will leverage Microsoft’s…
SINGAPORE: The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) will hopefully be completed this year, Prime Minister Lee Hsien Loong said in a Facebook post on Saturday (Feb 18). Mr Lee expressed his hopes in a post stating he had dinner with Sri Lankan counterpart Ranil Wickremesinghe and his wife on Friday night. The latter had…
Two leading experts from Geneva are now in Colombo for today’s (20 February) pioneering session by Department of Commerce to work on one of the most technically demanding barriers for Lankan exporters, called by global trade as Sanitary and Phytosanitary (SPS) measures-in simpler terms, ‘quarantining and technical barriers’. Minister of Industry and Commerce Rishad Bathiudeen…
Reuters – Sri Lankan shares declined in a shortened session on Friday, further moving away from a four-week closing high hit earlier in the week, as investors sold banking stocks amid concerns over rising market interest rates. The Colombo stock index fell 0.22 percent to 6,159.87, its second straight session of falls, but posted a…
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