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Growth of per capita fish consumption in Sri Lanka

The per capita consumption of fish and other seafood products have increased in Sri Lanka in the year 2017, with per capita consumption rising from 44 kilos to 46.7 kilos, Fisheries and Aquatic Resources Development Ministry says. Describing this situation, Fisheries Minister Mahinda Amaraweera told that the per capita fish consumption in the country had…

(0)Comments | November 22, 2017 10:36 am

Business Sentiment – Mild Uptick in Biz Confidence

The unique index returns to triple digits albeit with little cause to rejoice Sri Lanka’s economy grew by four percent year on year in the second quarter of 2017, improving on the 3.8 percent acceleration in the previous quarter, according to the Department of Census and Statistics, with modest growth in the industry and services…

(0)Comments | November 22, 2017 10:17 am

SriLankan Airlines and Qantas provide more options to connect with new Melbourne service

SriLankan Airlines, which last month launched daily non-stop services to Melbourne, is providing its valued passengers with a wide range of options to connect and fly to major cities in Australia and New Zealand, by expanding its codeshare agreement with its long-time partner and fellow oneworld alliance member Qantas.   SriLankan will codeshare on Qantas’…

(0)Comments | November 22, 2017 10:00 am

Sri Lankan shares edge down on CTC; foreign buying boosts turnover

Reuters – Sri Lankan shares ended slightly weaker on Tuesday, led lower by large cap Ceylon Tobacco Company , but heavy buying by foreign investors in blue chips capped the decline. Local retail investors, however, stayed on the sidelines due to a lack of fresh triggers amid expectations certain amendments in the budget could help…

(0)Comments | November 21, 2017 11:28 pm

Inflation in October 2017

Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics (DCS), increased to 8.8 per cent in October 2017 from 8.6 per cent in September 2017, on year-on-year basis. The change in the NCPI measured on an annual average basis increased from 6.8 per…

(0)Comments | November 21, 2017 11:27 pm

Japanese Ambassador in Sri Lanka Kenichi Suganuma, Chief Guest at the BCCS Award 2017

Japanese Ambassador in Sri Lanka His Excellency Kenichi Suganuma will attend as the Chief Guest at the “Best Corporate Citizen Sustainability Award 2017,” which will be held next week at the Cinnamon Grand, Colombo, while Mr. David Bent, a global expert on Corporate Sustainability will deliver the Keynote address at the event. The event, which…

(0)Comments | November 21, 2017 3:34 pm

Unlocking Women’s Potential in Sri Lanka’s Labor Force

Pushpa drops her youngest son off at the day care centre at St. Theresa’s Church in Thimbirigasaya every day. The 37-year-old then heads to work as a maid. There are days when this routine becomes impossible. If her child is feverish, for instance, the day care won’t accept him because he may infect the other…

(0)Comments | November 21, 2017 12:09 pm

Renuka Hotels Limited commences trading at CSE

The shares of Renuka Hotels Limited (CODE: RCH) commenced trading on the Colombo Stock Exchange (CSE) today. The shares, which were listed by introduction on the Diri Savi Board of the CSE have been classified under the ‘Hotels and Travels’ sector. The occasion was marked through a Bell Ringing ceremony hosted by the CSE. Executive…

(0)Comments | November 21, 2017 11:48 am

CSE and Korea Exchange agree to pursue mutual development

The Colombo Stock Exchange (CSE) and Korea Exchange (KRX) announce the signing of a memorandum of understanding (MoU) to establish a collaborative relationship focused on mutual development opportunities in the Sri Lankan and Korean capital markets. The MoU was signed by KRX Chairman Mr. Jiwon Jung and CSE Chairman Mr. Ray Abeywardena in Seoul on…

(0)Comments | November 21, 2017 10:27 am

S&P says Sri Lanka outlook revised to stable from negative, ‘B+/B’ ratings affirmed

Reuters – S&P Global Ratings: * s&p maintains sri lanka’s sovereign credit rating at b+; raises outlook to stable from negative * s&p says revised outlook based on assessment that strengthening of sri lanka’s institutions, governance practices is on more sustainable footing Source text: ( (Bengaluru Newsroom: +91 806 749 1136)

(0)Comments | November 21, 2017 10:25 am