Seventh Ease of Doing Business forum, organized by the Ministry of Finance will be held on 30th March at 2:00 p.m. at the Main Auditorium of MILODA – Academy of Financial Studies Center in Colombo, the Finance Ministry said in a release. The Ministry has initiated a mission to maintain a continuous dialogue between the…
Finance Minister Ravi Karunanayake assures to take speedy measures to create an international market for local craftsmen. The Minister stated this after opening the Indo- Lanka traditional handicrafts and textiles exhibition at Mihilak Medura, BMICH recently.(26) Speaking further, the Minister said….. “I am ready to make the necessary interventions to create not only a local,…
Japan International Cooperation Agency (JICA) announced Monday (March 28) that it has signed an agreement with Sri Lanka to lend Rs. 56 billion (US$ 400 million) to expand the country’s main international airport in Colombo, according to a statement released by JICA. The agency said it will fund building a new passenger terminal at the…
Conducts Issuer forum for potential issuers in the Maldives in association with the Maldives Stock Exchange and the Capital Market Development Authority of Maldives The Colombo Stock Exchange (CSE) and the Maldives Stock Exchange (MSE), in association with the Capital Market Development Authority of Maldives (CMDA), acting under the MOU signed between the two exchanges…
Volkswagen AG VLKAY is recalling around 800,000 VW and Porsche vehicles globally, according to sources. These vehicles are being recalled due to a defect in the foot pedals which can make them loose. The vehicles covered under this recall mainly include 409,477 Cayenne SUVs and 391,000 Touareg vehicles of model years 2011 through 2016. Volkswagen…
Early encouraging signs from recent experiments with shear plucking at RPC estates With a view to ensure the sustainability of a rapidly failing industry, the Regional Plantation Companies (RPCs) says it is imperative that harvesting yields are increased and are introducing suitable ‘tea harvesters’ on certain estates. To support plantations workers too in improving productivity,…
Policyholders of Ceylinco Life will celebrate more than the Sinhala and Tamil New Year this April, as they are due to receive a mammoth Rs 2.9 billion as bonuses from the life insurance leader. Benefitting more than 300,000 policyholders, this bonus pay-out comprises of annual bonuses and ‘Avurudu Cash’ bonuses, the company announced this week….
The transaction by Sri Lanka Telecom Mobitel, a fully owned subsidiary of Sri Lanka Telecom PLC to acquire Hutch, another leading telecom services provider in Sri Lank is now in progress, said Sri Lanka Telecom Chairman Kumarasinghe Sirisena, while responding to a query from Adad Derana Biz. “This process began in 2012. From 2012 up…
Biodiversity Sri Lanka (BSL), in partnership with the Ceylon Chamber of Commerce and Access Engineering PLC is organizing a networking and learning event for the Construction Sector on the 29th of March 2016 from 09:00 to 17:00hrs at the Liberty Ballroom, Ramada Colombo, titled ‘Mainstreaming Biodiversity in the Construction Sector’. One key element of this…
The Norwegian envoy in Sri Lanka His Excellency Thorbjørn Gaustadsæther will address the Sri Lankan business community on the 05th of April at the Ceylon Chamber of Commerce. Organized by the Nordic Business Council of the Ceylon Chamber of Commerce, the event will take place at the ‘Board Room’ of the Ceylon Chamber of Commerce,…
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