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Bank of Bhutan commends MTI for India Entry Strategy

Bank of Bhutan (BoB), Bhutan’s oldest and largest commercial bank, has commended MTI Consulting for developing their India Market Entry Strategy.   Over the last 6 months, a team of MTI Consultants from India and the South Asian Region worked closely with the BoB team to research, analyze, conceptualize and strategize their India Entry Plan. The…

(0)Comments | December 3, 2020 11:03 am

Awaiting green-light from health authorities to re-open borders

The tourism sector is awaiting health authorities’ green light to re-open borders for international tourists with safety measures in place. “Tourism is a sector that can bounce back as soon as international travel is conducive. The industry is constantly facing challenges in a volatile environment. The Airport opening protocol is at its final stages. We are waiting…

(0)Comments | December 3, 2020 9:44 am

Sunshine’s Vish Govindasamy calls for a holistic backend framework to build a resilient Agri sector

Sunshine Holdings Group Managing Director Vish Govindasamy yesterday urged the government to strengthen the backend structure of the local agriculture sector by identifying the key pain points of both public and private institutions and addressing them by actively engaging in discussions with relevant stakeholders of the industry. Speaking as a panellist at the Sri Lanka…

(0)Comments | December 3, 2020 8:30 am

ICTA Chairman Jayantha de Silva appointed Secretary to Ministry of Technology

Jayantha De Silva, current ICTA Chair has been appointed to lead the newly created Ministry of Technology, as its Secretary. The Ministry oversees ten institutions including Telecommunication Regulatory Commission of Sri Lanka, Information and Communication Technology Agency, Sri Lanka CERT, Sri Lanka Telecom, Industrial Training Institute, Sri Lanka Institute of Nanotechnology, National Science and Technology…

(0)Comments | December 2, 2020 6:36 pm

George Steuart & Company to expand its tea export footprint

Announces intension to acquire majority control (51.1%) of HVA Foods PLC via Voluntary Offer George Steuart & Company Limited (GS&Co) today announced its intent to acquire majority control of HVA Foods PLC, one of Sri Lanka’s fast growing and innovative value-added tea exporters. Established in 1835, George Steuart & Co is the oldest mercantile establishment…

(0)Comments | December 2, 2020 5:05 pm

Standard Chartered supports Sri Lanka’s economic recovery via financing facilities for PPE manufacturers

Standard Chartered Sri Lanka announced today (02) the facilitation of financing for Industrial Clothing Limited (Midas Safety Sri Lanka) as well as Hayleys PLC’s subsidiaries Dipped Products PLC and Haycarb PLC to enhance their manufacturing capacity of essential personal protective equipment (PPE) for the global fight against COVID-19. These companies were the latest Sri Lanka-based…

(0)Comments | December 2, 2020 3:09 pm

Annual reports of all government institutions should be submitted within the stipulated time period – COPE

The COPE Chairman, Prof. Charitha Herath, has informed the Secretaries to the Ministries in writing, that all government institutions should submit their Annual reports to Parliament within the stipulated time period. Accordingly, the Secretaries to the Ministries have been informed that the Chairmen/Heads of the Institutions coming under the purview of respective Ministries should submit…

(0)Comments | December 2, 2020 12:39 pm

Sri Lanka, Oman to enhance economic cooperation

Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad paid a courtesy call on Chairman of the State Council (Upper House) of the Sultanate of Oman Shaikh Abdulmalik bin Abdullah bin Ali al Khalili recently. During the interaction Ambassador and the Chairman of the State Council recalled the long-standing friendly relations between Sri…

(0)Comments | December 2, 2020 12:38 pm

Vehicle registration certificates, number plates to be delivered via Speed Post

The Cabinet of Ministers has approved the proposal to deliver vehicle registration certificate, vehicle number plates to applicants under a ‘Speed Post’ courier service, the state information office said. “When registering a vehicle, in order to obtain them under the existing system, one has to come to the department spending considerable time and expense. There seems to…

(0)Comments | December 2, 2020 12:07 pm

Little islands are all large prisons, one cannot look at the sea without wishing for the wings of a swallow – Richard Burton

“The Beijing Swift” By Prof. Samitha Hettige © In mid-November the Chinese leader chaired a conference focused on the path of socialist rule of law with Chinese characteristics and it is reported to be the first such held after him assuming office. According to Chinese sources, the President has proposed key approaches to strengthen the…

(0)Comments | December 2, 2020 11:48 am