A delegation from the Millennium Challenge Corporation, a US Government agency, held discussions with the Ceylon Chamber of Commerce, during their recent visit to the country. The delegation was met by the Chairman of the Ceylon Chamber of Commerce Mr. Samantha Ranatunga, The Board Director, Mr. Vish Govindasamy, CEO of the Chamber, Mrs. Dhara Wijayatilake…
Turnover at Rs 6.7 Billion & Profit After Tax at Rs 654 Million Piramal Glass Ceylon PLC (PGC) ended a very successful year with a record growth in Turnover & Profitability. The company recorded its highest ever turnover this year of Rs. 6,755Mn and a profit after tax (PAT) of 654Mn. With this achievement the…
Sri Lanka Tourism will participate in the Arabian Travel Market (ATM), the tourism industry’s leading travel and tourism exhibition within the Middle Eastern and Pan Arab regions, in Dubai from 25 -28 April, 2016. Middle East is identified as one of the main tourist generating market as per the Sri Lanka Tourism Strategy and ATM…
The Port of Colombo was represented at a major international forum this month by Colombo International Container Terminals (CICT) following an invitation extended by the organisers to CICT General Manager – Commercial & Marketing Tissa Wickramasinghe to be a speaker and panellist at this prestigious forum. The TOC Asia (Terminal Operator Conference) took place in…
A now defunct Lankan chemical pioneer is to be revived and construction work shall start before the end of this year to revive the historic manufacturing giant. “We have earmarked Rs 525 Mn to start work on the Paranthan Chemicals Factory in Kilinochchi, The construction work will begin before the end of this year” said…
Tea factory owners support the views of the RPCs with regard to enhancing productivity Other industry stakeholders have joined the Regional Plantations Companies (RPCs) in calling for an output-linked remuneration mechanism, to put the country’s estate sector, plagued by a number of issues, on a more sustainable footing through much-needed productivity improvements. In response to…
A nine member Sri Lankan business delegation, led by the Ceylon Chamber of Commerce, recently visited South Africa, Zambia and Rwanda to explore commercial opportunities in those countries. Representatives from companies such as Jinasena Private Limited, Kelani Cables PLC, Hayleys PLC, Dankotuwa Porcelain PLC, Union Chemicals Lanka PLC, Jinasena Infotech Private Limited, Macksons Paints Industries…
A high profile business delegation from Turkey will visit Sri Lanka next month to participate in the Sri Lanka – Turkey Business Forum that will be organized by the Ceylon Chamber of Commerce. The forum, which is aimed at exploring trade, investment and tourism opportunities on both sides, will be followed by B2B meetings between…
United Nations’ Food and Agriculture Organization (FAO) has assured that it will continue facilitating and extending their support for the development of Sri Lanka’s fisheries sector. This assurance was given by the country representative of FAO Ms. Nina Brandstrup at a discussion held at the Ministry on Wednesday (April 20) with the Minister of Fisheries…
Sri Lankan shares ended flat in dull trade on Friday as investors waited for negotiations to conclude on a loan deal with the International Monetary Fund and ahead of a central bank decision on interest rates next week. The central bank’s April monetary policy announcement is scheduled at 1230 GMT on Tuesday, and expectations are…
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