December tea exports data released this week by Sri Lanka Customs shows shipments for the period of January – December 2015 at 288.7 Mnkg against 306.9 Mnkg. The last occasion the country exported less than 300 Mnkg in a year was in 2009 following the previous year’s banking crisis and El-Nino drought that reduced supply…
The Ceylon Chamber of Commerce will hold a seminar under the title of ‘Capital Structure Management for Better Financing’, in a bid to help finance sector professionals maintain a healthy capital structure in their firms. The seminar to be held on the 09th of February, 2016, will see Mr. Bede Fernando, Managing Director of First…
Prime Minister Ranil Wickremesinghe recently met with Jean-Philippe Courtois, President of Microsoft International, on the sidelines of the 47th Annual World Economic Forum in Davos, Switzerland. At the meeting the premier and Courtois, discussed how Microsoft will best assist the Sri Lankan Government to create a cross-government productivity platform to enhance the ICT landscape and…
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has become the eleventh member of international body Chartered Accountants Worldwide. CA Sri Lanka is the sixth Chartered Accountancy body to be awarded Associate membership to the organisation since it was launched in February 2013. As an Associate Member, CA Sri Lanka joins a…
A team from the Millennium Challenge Corporation (MCC) led by Ms. Fatema Sumar, Regional Deputy Vice President for Europe, Asia, Pacific and Latin America, called on Dy. Minister of Foreign Affairs Dr. Harsha de Silva, Monday (23rd Jan.) at the Ministry of Foreign Affairs. The purpose of the visit is to initiate discussions with GoSL…
The Board of Investment (BOI) of Sri Lanka in collaboration with the Ministry of Strategic Development and International Trade , District Secretary office, Kurunegala and the Export Development Board organized a job fair at Sir John Kotalawela College , Dambulla Road, Kurunegala. This Job fair was organized in parallel with the Government’s program on “Poverty…
Reuters – Sri Lankan stocks closed at their lowest in nearly 10 months on Tuesday, dragged down by banking and telecom shares, as concerns over rising interest rates and ongoing political instability weighed on sentiment. The Colombo stock index ended 0.45 percent lower at 6,134.41, its lowest close since April 4. “Not much of activities…
The Sri Lanka-Indonesia Business Council (SLIBC) of the Ceylon Chamber of Commerce organized a farewell for The Ambassador of the Republic of Indonesia to Sri Lanka, His Excellency Harimawan Suyitno, at the Hilton Colombo Residences recently. The Ambassador is the Patron of the Sri Lanka Indonesia Business Council, which was formed under aegis of Ceylon…
Gulf Air has commenced its direct operations to Bandaranaike International Airport, in the Sri Lankan capital Colombo, with five flights per week. Gulf Air chief executive, Maher Salman Al Musallam, commented at a ribbon-cutting ceremony held at Bahrain International Airport: “We are delighted to strengthen our Asia network with the launch of direct flights to…
George Steuart Travels Ltd bags Gold at Top Agents Awards held by Singapore Airlines for the fourth consecutive Year Tuesday 24th January, Colombo, George Steuart Travel, the 43 year old travel arm of George Steuart and Co, the oldest mercantile establishment in Sri Lanka was recognized at the Annual Passenger Sales Award Ceremony, hosted by…
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