edotco Services Lanka (Private) Limited (edotco) signed an agreement with Board of Investment Sri Lanka (BOI) recently to include a further 400 Multipurpose Smart Street Lamp pole locations, to its investment portfolio. edotco Sri Lanka is a fully owned subsidiary of the world 7th largest telecommunication tower infrastructure company, edotco Group Sdn Bhd, based out…
SLAEA appoints new Executive Committee at its 39th AGM Sri Lanka’s apparel industry has risen to the challenges posed by the pandemic and the sector can contribute further to the country’s economy, provided that all stakeholders collaborate to address critical constraints, apparel exporters point out. These views were expressed at the recent 39th Annual General…
The Consulate General of Sri Lanka in Guangzhou arranged the participation of 5 prominent Sri Lankan tea-manufacturing companies, located in China, in the Tea Exposition held from 25 to 29 November 2021, hosted by the China Tea Marketing Association and Guangdong Tea Profession Association. At the fair, varieties of ‘Ceylon tea’ were displayed and sold…
The Colombo Stock Exchange (CSE) and the University of Kelaniya, Sri Lanka (UOK) jointly announce the signing of a Memorandum of Understanding (MoU) to formalize their collaborative efforts. The MoU calls for cooperation on promoting capital market education among undergraduates by working together on a number of mutually beneficial strategic initiatives. The initiatives, along with…
Gazette Notification for ordering Gems up to USD 3000, Online received the approval of the Ministerial Consultative Committee on Industries yesterday (06) at the Committee meeting held in Parliament. It was discussed that these steps have been taken to promote the gem and Jewellery industry as tourism has been subjected to restrictions given the prevailing…
Triad’s CSO recognised as “South Asia Strategic/Brand Planner” Triad has marked a new milestone in its trajectory of excellence, being named South Asia’s Independent Agency of the Year 2021. In the last 2 years alone, Triad has won 27 international awards. The latest recognition at Campaign’s Agency of the Year Awards, saw Triad becoming the…
The Sri Lanka Pakistan Friendship, Trade and Investment Association vehemently condemns the violent lynching and senseless murder of a Sri Lankan national Mr. Priyantha Kumara in Sialkot, Pakistan yesterday. Nobody has a right to take away a fellow human being’s precious life in this brutal and undignified manner. A delegation from our Association led by our…
Says Saminda Jayasekara, Attorney-at-Law According to the report on Land Tenure Considerations in Sri Lanka’s Proposed National REDD+ Strategy Sri Lanka UN-REDD Programme, 82.25% of the land in the country is owned by the government while only 17.75% is owned privately. As the value of this land appreciates each year, and property is transacted between…
The Information and Communication Technology Agency (ICTA) of Sri Lanka announced that an agreement was signed between the Ministry of Justice, the Department of Prisons, and ICTA to digitalize facilities for prison inmates, at a ceremony held recently. This initiative was introduced due to the safety and mental health concerns posed on the prison inmates…
Advocata’s Bath Curry Indicator (BCI) which tracks the monthly changes in the price of a basket of commonly consumed food items recorded the highest retail prices since 2019. Since 2019, prices have increased by 44%. This means that an average family, who spent Rs. 960 weekly on the BCI basket of food items in November…
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