Sri Lanka equities emerged world’s best performing stock market in 2021 YTD Global equity interest in Emerging Markets expected to trickle down to CSE Global Negativity offers “contrarian” profit opportunity on Sri Lanka Sovereign Bonds New ECT terms with a FDI of USD 500Mn favourable for Sri Lanka Return of Pension funds to the CSE…
In an effort to make it easier for people to donate blood, Facebook has launched the Blood Donations feature in Sri Lanka in partnership with the Ministry of Health’s National Blood Transfusion Service (NBTS) supported by the Health Promotion Bureau (HPB). Till date, 24 blood cluster centers have been onboarded as part of the joint…
Reuters – Technology investor Chamath Palihapitiya, the early Facebook Inc executive and minority owner of the Golden State Warriors basketball team, threw his hat in the ring on Tuesday to replace Gavin Newsom as governor of California. Palihapitiya, who became a celebrity on Wall Street thanks to his prolific launch of blank-check acquisition firms, has…
The 26th Annual General Meeting of the Sri Lanka – Korea Business Council (SLKBC) of The Ceylon Chamber of Commerce was held on 12th January 2021 via MS Teams. The SLKBC was inaugurated on 4th November 1982, in Colombo, Sri Lanka at the request of the late Hon. Lalith Athulathmudali with the objective of promoting…
On 22 of January, Ambassador Prasanna Gamage met with President Associate Professors Bui Anh Tuan, and Vice President Pham Thu Huong and other senior officials of the Foreign Trade University (FTU) of Viet Nam in Ha Noi, to discuss and explore possibilities of future cooperation between the FTU and higher education institutions in Sri Lanka….
The Embassy of Sri Lanka, in association with the Export Development Board (EDB) organized a virtual meeting on 21 January 2021 to explore cooperation potential in the ICT sectors of Sri Lanka and Viet Nam. Representatives from the Sri Lanka Association for Software Services Companies (SLASSCOM), Federation of Information Technology of Sri Lanka (FITIS) and…
EU – Sri Lanka Trade-Related Assistance The International Trade Centre (ITC) together with the Consumer Affairs Authority (CAA) successfully completed a training program on the ‘International Best Practices for the Regulation of Online Trading’ last Friday (22). Over 60 CAA officials based in Colombo as well as the regions participated in the training. The event…
Subsidiary of Sunshine Healthcare Lanka, the first fully-integrated local healthcare company in Sri Lanka Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC (CSE: SUN), officially commenced the operations of its subsidiary, Lina Spiro (Pvt) Ltd, Sri Lanka’s first Metered-Dose Inhaler (MDI) manufacturing plant in Kadawatha today. The State Minister…
The Road Development Authority has conducted a feasibility study to construct an elevated expressway to the new Kelani Bridge via Rajagiriya, connecting to the Outer Circular Highway (OCH) at Athurugiriya along with the Port Access elevated expressway which is currently under construction on World Bank funds. Accordingly, the Cabinet of Ministers has approved the proposal…
The Securities and Exchange Commission of Sri Lanka (SEC) has observed that unsolicited messages purporting to be stock tips/ investment advice with respect to listed companies are being circulated through short message service (SMS), websites and social media platforms like WhatsApp, Facebook, Twitter, YouTube etc. The SEC has noted that these messages have been directed towards…
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