Category: In Pictures
Fitch to host sovereign and corporate forum
Fitch Ratings Lanka Ltd. will host the Sovereign and Corporate Forum on Thursday, 16 June 2016, at 5.30pm-8.30pm at Bougainvillea Room, Galadari Hotel, 64 Lotus Road, Colombo, Sri Lanka. Fitch’s sovereign analysts will discuss the global economic outlook and the implications for Asia-Pacific markets such as Sri Lanka, as well as the economic adjustments in […]
SINGER ties up with Ministry of Higher Education to provide laptops to University students
Singer Sri Lanka PLC, the country’s premier consumer durables retailer, tied up with the Ministry of Higher Education to provide laptops for university students across the country as per the program to provide interest free loans for laptops by the government of Sri Lanka. As per the Government budget proposal 2016, the project is implemented […]
Huawei invests USD9.2 billion in 2015,15-pct of annual revenue for R&D
As a leading ICT solutions and smart device provider and patent owner, Huawei invests heavily in research and development. In 2015 alone, Huawei invested US$9.2 billion, or 15% of its annual revenue, in the research and development of new technologies, new products, and wireless communications standards. Huawei’s substantial investment in R&D over the years has […]
CA Sri Lanka joins hands with Malaysian Directors Academy to enhance professional development
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently signed a Memorandum of Understanding with the Malaysian Directors Academy (MINDA) in an effort to develop a framework which will facilitate exchange of information, as well as enhance the effectiveness of the Board and it’s Directors. The agreement which was signed by President […]
CML-MTD construction to build over 900 affordable homes
CML-MTD Construction Limited, a subsidiary of MTD Walkers PLC, has been awarded the contract to build over 900 affordable homes by the National Housing Development Authority. The contract awarded includes the design and construction of residential housing units in Panadura, Ragama and Yakkala, which is set to commence on June 2016. The complex will comprise […]
Sri Lanka-Thai FTA expected by middle of next year: Thai Commerce Minister
Hon. Sujeewa Senasinghe, State Minister of International Trade, visited Thailand from 25th to 27th May 2016. The main objective of the visit was to pursue trade and investment opportunities including familiarization with AMATA Corporation’s expertise in establishing industrial parks considering Sri Lanka’s requirement of such facilities. State Minister Senasinghe had meetings with the Thai Ministers […]
What will 2H 2016 bring for Sri Lanka’s real estate market?
Since the civil war ended seven years ago, Sri Lanka has rapidly become a hotspot for investment among emerging markets. It has become especially popular with those looking to invest in property. Chinese investors are particularly interested in investing in Sri Lanka, as demonstrated by China’s recent involvement in developing the upcoming Colombo Port City. […]
Walkers CML partners for research symposium for transport and logistics
Walkers CML partners with the Sri Lanka Society for Transport and Logistics and the Chartered Institute of Logistics and Transport Sri Lanka for the Research Symposium for Transport and Logistics Industry (R4TLI). To be held on June 3 – 4, 2016, the Research Symposium for Transport and Logistic Industry is an initiative that endeavors to […]
London Stock Exchange Group enters into agreement with Sri Lanka’s BOI
The Board of Investment of Sri Lanka signed an agreement with “London Stock Exchange Group” (LSEG) to set up their global business services arm in Sri Lanka. The agreement was signed by Mr. Upul Jayasuriya, Chairman of the BOI of Sri Lanka and Mr. Martin Ryan, LSEG Group Head of Shared Services. Also present were […]
Norway State Secretary in Sri Lanka tomorrow
State Secretary of the Ministry of Foreign Affairs of Norway, Tore Hattrem, is scheduled to visit Sri Lanka from 31 May – 2 June 2016. The State Secretary will meet the Minister of Foreign Affairs on 31 May where discussions are expected to take place on follow-up to the visit in January this year of […]
Minister Nimal Siripala de Silva heads Sri Lankan delegation at First World Humanitarian Summit
Minister De Silva, participating at the WHS representing President Maithripala Sirisena, stated that the UN Secretary General Ban Ki Moon’s “Agenda for Humanity” provides a strategic framework to prevent the humanitarian crisis and mitigate the effects. However, he stressed that action to implement the core responsibilities articulated in the WHS, should be aligned with the […]
Sri Lanka’s PM meets S. Korea PM and UN Sec. Gen. at Rotary conference
Sri Lanka’s Prime Minister Ranil Wickremasinghe met several leaders including South Korean Prime Minister Hwang Kyo-ahn and UN Secretary General Ban Ki Moon at the International Rotary Conference held in Seoul, South Korea. Several leaders of states and more than 50,000 Rotary members representing 160 countries attended the conference where Wickremasinghe made a special speech.