Category: Other
Sri Lanka to establish new institution to maximize utilization of government lands
The Cabinet of Ministers has approved a proposal submitted by the President for the establishment of an institution under the name Assets Utilization Reformation Commission with powers to take necessary measures for productively utilize the identified underutilized assets. “It has become a pioneer requirement to introduce an appropriate methodology for utilizing state ventures with assets […]
All set for 24th Sri Lankan Entrepreneur of the year Awards
Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) announces the finalization of all arrangements to conduct the 24th Sri Lankan Entrepreneur of the Year Awards on 25th of March at BMICH Main Hall from 3.00 p.m. to 6.00 p.m. under the theme – Innovation and Productivity for Sustainable Growth reaching an important […]
Sri Lanka is not renegotiating Hambantota port lease deal with China: report
Sri Lanka’s ambassador to China Palitha Kohona has dismissed suggestions that the country is planning to extend a 99-year lease it granted to Beijing to run Hambantota port. Palitha Kohona said in an interview with the South China Morning Post that his country would “never be an unsinkable aircraft carrier posing a threat to anyone […]
From Waste to Energy: Kaduwela MC & UNDP work towards sustainable waste management
To create a transformation in the management of municipal waste, by generating electricity and producing liquid fertilizer using bio degradable solid waste, a Biogas system was handed over to the ownership of the Kaduwela Municipal Council (KMC) yesterday, under the leadership of Mayor Buddhika Jayavilal with the participation of Robert Juhkam, Resident Representative, United Nations […]
Facebook partners with VTA to launch digital skills training program in Sri Lanka
In partnership with the Vocational Training Authority of Sri Lanka (VTA), Facebook has launched a series of training sessions to help Sri Lankans upskill their digital capabilities. The initiative is a part of Facebook’s flagship We Think Digital program, and has been designed with the objective to help the vocational sector understand the digital landscape […]
State Minister Ajith Nivard Cabraal meets members of CEO Forum of India
Ajith Nivard Cabraal, State Minister of Money & Capital Markets and State Enterprise Reforms and Members of the CEO Forum of India held a cordial discussion at the Ministry of Finance yesterday (17). Sixty CEOs and the Federation of Indian Chambers of Commerce and Industry (FCCI) jointly discussed the implementation of a program under the […]
World GDP forecasts revised up after US fiscal stimulus package: Fitch Ratings
Global growth prospects are improving as fiscal support is stepped up sharply, economies adapt to social distancing and vaccination rollout gathers momentum, says Fitch Ratings in its latest Global Economic Outlook (GEO) released today. We now expect global GDP to expand by 6.1% this year, revised up from 5.3% in our December 2020 GEO. GDP […]
Prime Minister Mahinda Rajapaksa to undertake state visit to Bangladesh
Prime Minister Mahinda Rajapaksa will make a state visit to Bangladesh from March 19-20, 2021, on an invitation extended by the Prime Minister of Bangladesh Sheikh Hasina. The visit will coincide with the celebration of the birth centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the Golden Jubilee of the Independence […]
Kingslake to support GRI’s next phase of growth: Increase rubber exports
Global Rubber Industries (Pvt) Ltd. has partnered with Kingslake, Sri Lanka’s manufacturing solutions experts, to lay the foundation for its next phase of growth. By leveraging Kingslake’s Advanced Planning and Scheduling (APS) solutions, the country’s leading manufacturer of specialized tires hopes to make a significant contribution to the rubber industry, a key export of the […]
Ceylon Chamber of Commerce signs MOU with McLarens Maritime Academy
The Ceylon Chamber of Commerce and the McLarens Maritime Academy recently entered in to a Memoranda of Understanding where CCC appointed surveyors will have an opportunity to undertake training programmes to enhance their technical know-how in the fields of bunker and draught survey. In addition to theoretical knowledge, the above training courses will deliver “On […]
UN launches new campaign, Only Together, to support global vaccine equity call
The United Nations today launched a new global campaign, Only Together to support its call for fair and equitable access to COVID-19 vaccines around the world. The campaign stresses the need for coordinated global action to ensure vaccines are accessible in all countries, starting with health-care workers and the most vulnerable. “Over the past year, we’ve all missed […]
Prime Residencies offers luxury apartments to customers
Prime Land Residencies Ltd, the condominium property arm of the maestro of real estate artistry in Sri Lanka, Prime Group, recently celebrated a milestone achievement upon the completion of its 35th property project. With 5 more projects nearing completion and yet another 5 more awaiting launch, the completion and handing over of 35 properties to anticipating residents has […]