Back for the sixth consecutive year, SLASSCOM’s People Summit 2016 aims to kick off your year by providing leaders at all levels with pioneering talent management insights and perspectives from renowned global leaders, as well as a prime networking and experience sharing opportunity. The event will take place on the 27th of January 2016 at…
In the wake of last weekend’s lifting of economic sanctions on Iran, the first ever official delegation to Sri Lanka from the post-sanctions Iran will land in Colombo as early as February 23 to start crucial joint trade talks-and Iran now looks forward to re-commence petroleum and petrochemical sales to Sri Lanka while also opening…
Microsoft Corp. CEO Satya Nadella announced the donation of $1 billion of Microsoft Cloud Services, as a three-part initiative measured at fair market value, to serve nonprofits and university researchers over the next three years. The commitment focuses on ensuring the cloud can serve the public good by providing additional cloud resources to nonprofits, increasing…
Several global investors who met Prime Minister Ranil Wickremesinghe on the sidelines of the World Economic Forum being held at Davos in Switzerland have shown their willingness to invest in Sri Lanka. Prime Minister Ranil Wickremesinghe held discussions with Eric Rondolat, Chief Executive Officer of Philips Lighting Solutions in the Netherlands, head of TATA Companies…
Colombo stock market continued to extend the rough patch on Wednesday amid the treasury yields hiking up for the seventh consecutive week. Benchmark index started the session on a positive side to touch 6,319 mark but failed to retain the momentum to close lower as investor sentiment turned red. All share index end the trading…
CICT, region’s only deep water terminal attracts largest vessels plying the east-west route; contributes a third of Colombo Port’s throughput Colombo International Container Terminals Ltd. (CICT) has set another milestone by closing 2015 with an impressive 1.561 million teus, with the ULCC (Ultra Large Container Carrier) and VLCC (Very large Container Carrier) segments making a…
The Sri Lankan Engineers’ Association (SLEA) has decided to oppose the proposed Indo-Lanka economic and technology agreement. The Institution of Engineers Sri Lanka (IESL) and the Sri Lanka Engineers’ Association are to jointly raise awareness among their membership at a meeting held today (20 January) at the Sri Lanka Institute of Engineers at 4.00 pm….
The proposed Indo-Lanka Economic & Technology Cooperation Agreement concentrates only on two service sectors, says Minister of Development Strategies and International Trade Malik Samarawickrama. These two sectors are shipbuilding and IT related services. The Minister pointed out that the medical and legal sectors would in no way be included in this agreement. Malik Samarawickrama added…
Sri Lanka was featured at the New York Times Travel Industry Conference – Asia Focus that offers comprehensive briefings for travel professionals. Ambassador Prasad Kariyawasam participating at the Seminar at the Jarvits Center, highlighted Sri Lanka‘s attractive features and compactness coupled with immense diversity. The seminar was well attended by Travel Professionals. The Sri Lanka…
Colombo stock exchange fell sharply at the start of trading on Tuesday, however managed to recover to close at a slightly improved note at 6,283.24, still marking a decline of -41.37 index points or -0.65%. S&P SL20 index followed the same trend, losing -23.06 index points or -0.70% to close at 3,261.30. Cargills (closed at…
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