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US Assistant Secretary of State Robert O. Blake yesterday called on the Government to promote transparency and good governance in order to encourage more American investors. He told reporters at the end of his visit that investment could be encouraged if the Government took measures to improve the investment clime. A speech given by him ...
With Budget 2013 scheduled for November, business chambers and corporates are calling policy-makers to give the much-needed boost for the private sectorandrsquo;s growth engine andmdash; the Small and Medium Enterprises (SMEs).
Over a dozen of high potential young business leaders of the country are to benefit from a top level South Asian forum organised by the Eisenhower Fellowships Association of Sri Lanka (EFASL) in Colombo from 27 to 29 September. Organisers said 15 employers nominated young business leaders will attend the Eisenhower Fellowships South Asia Conference ...
Over 10 new deals to be signed between China and Sri Lanka next week Impending visit of the most high profile in history, biz team included but no opposition meetings scheduled By Uditha Jayasinghe Over 10 agreements are to be signed during top Chinese legislator Wu Bangguo’s visit to Sri
South Africa, Sri Lanka’s leading trade partner in Sub-Saharan Africa and the third most competitive economy in the $ 13.7 trillion BRICS grouping, is making an unprecedented investment foray into resurgent Sri Lanka with no less than a $ 122 m initial investment –and is scheduling yet another strong business delegation to Sri Lanka next. ...
Tax rates have been identified as the most problematic factor for doing business in Sri Lanka with tax regulations following closely, the findings of the latest Global Competitiveness Report (GCR) by World Economic Forum showed.
The biggest -and powerful- South African business delegation to arrive in Sri Lanka is expected to land today (5 September) morning.
Strongest ever SA biz delegation to Sri Lanka in bilateral history Among investments sought here are urban property and shopping malls ‘Will strongly boost bilateral trade levels beyond $ 65 million’ – Rishad Former Deputy Foreign Minister Schoeman in the delegation The biggest
A number of measures to promote bilateral trade between Sri Lanka and Nordic countries will be adopted in the year ahead, revealed Majid Awn, President, Sri Lanka Nordic Business Council of the Ceylon Chamber of Commerce addressing the Annual General Meeting of the Sri Lanka – Nordic Business Council (SLNBC) held at the Ceylon Chamber ...
A top South African business delegation will be arriving in Colombo next week. The delegation consists of no less than 30 leading business members of the Progressive Business Forum of African National Congress (ANC-PBF), the ruling ANC’s influential business collective. The delegation will be in Sri Lanka from 5-8 September. “We warmly extend our welcome ...
Softlogic Information Technologies one of the premier IT companies in Sri Lanka and a pioneering subsidiary of Softlogic Holdings the authorised distributor for Samsung display products, recently honoured top performing partners in the Samsung monitor category at an award ceremony in recognition for outstanding sales performance for the first quarter of FY 2012/2013. Tech Information ...
With the generous support of the American people through the US Agency for International Development, Volunteers for Economic Growth Alliance (VEGA) is implementing the US $24 million VEGA/BIZ+ program in Sri Lanka. The program’s main focus is on expanding livelihood opportunities
A high-level 15-member delegation from the Republic of Seychelles arrived in Colombo yesterday on a three-day visit. Led by President of Seychelles James Alix Michel, the delegation will comprise, among others, Minister of Foreign Affairs Jean Paul Adam, Minister of Natural Resources and Industry Peter Sinon, Delhi-based High Commissioner of Seychelles to Sri Lanka Waven ...
LAHES, the education arm of LAUGFS Holdings, in a pioneering initiative, has introduced a Professional Diploma in Business Administration. The unique feature in this diploma is the three-month internship included in the programme. In addition, the best students of the programme will be offered management trainee positions at LAUGFS. This distinctive qualification focuses on equipping ...
In the aftermath of the successful Indo-Lanka CEO Forum held last week, more and more top Lankan CEOs are vying for partnership with Indian biz. And four top Lankan corporates want to enter the upcoming Trincomalee’s Manufacturing Special Economic Zone. “Almost all Lankan CEOs
In the upbeat atmosphere of the post-high level Indian trade push on Sri Lanka, the Sri Lankan business community and CEOs are now upbeat on the dawning new biz prospects. Fresh initiatives by the high-level Indian business delegation to Sri Lanka led by Indian Minister of Commerce, Industry
Reuters: Dutch bank and insurer ING is likely to sell its Asian insurance business, worth about $7 billion, in several separate deals in an attempt to get the highest price and speed up the divestment process. The company is also preparing to list its European and U.S. insurance units on stock markets. ING, which got ...
Browns Healthcare (Pvt) Ltd. has acquired St. Peter’s Hospital Ragama with the aim of developing a chain of secondary healthcare general hospitals and diagnostic centres in the island. Browns Healthcare, a wholly owned subsidiary of Brown & Company PLC, is a new venture established with the aim of developing a chain of secondary care general ...
A farewell dinner was organised by the Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce for Vladimir Mikhaylov and Madam Mikhaylov in recognition of the yeomen services rendered by Mikhaylov during his tenure as the Patron of the Council. The event was held on 6 July 2012 at the Dukes Court, Cinnamon Lakeside ...
Arpico Finance opened its newest branch in Narammala as part of its strategy to extend the reach countrywide. The branch was ceremoniously opened by Arpico Finance Managing Director Hafeez Rajudin. “The trust we have earned through untiring efforts and building strong bonds with customers and provide them with a service that is beyond excellence has ...
Deloitte Touche Tohmatsu Ltd., (DTTL) said yesterday that leading analyst firm Gartner has recognised the Deloitte member firms (Deloitte) as leaders in business consulting worldwide based on aggregate member firm revenue for the second consecutive year in a new report, Market Share Analysis: Consulting Services, Worldwide, 2011. According to the report, Deloitte is ranked the ...
Among the 105 firms that are slated to visit Sri Lanka next week, Fortune India 500 company- Wipro, Indiaandrsquo;s third largest IT firm with US$ 4.4 billion revenue in andlsquo;11 is the latest to join the high level Indian trade and biz delegation.
Sunil Bharti Mittal, India’s fifth largest dollar billionaire of Airtel fame, and Indian Commerce Minister Anand Sharma are among the renowned members of the top Indian delegation coming here next month. “The high-level Indian trade delegation arriving next week will consist of reps from the Government, business and the chambers. The arrival of this delegation ...
hSenid Business Solutions and SriLankan Airlines celebrated over 10 years of well-built relationship. The partnership with SriLankan Airlines was appreciated at the hSenid’s 15th year anniversary celebration event to highlight the great bond between hSenid Biz and Sri Lankan Airlines. hSenid
Economic Development Minister Basil Rajapaksa has urged for greater integration among private sector of South Asia to boost region’s socio-economic prosperity. “Economic integration is the best way to achieve and sustain economic prosperity among the South Asian nations. Enlarging the opportunities for trade and investment among the SAARC countries can be an effective instrument to ...
HP last week announced eight new imaging and printing products, with enhanced productivity tools, to enable businesses of all sizes to capture, connect and communicate more securely and efficiently. The new offerings include: Six new HP LaserJet printers and two HP Scanjets providing small and medium businesses (SMB) and enterprise customers professional-quality documents and fast ...
By Cassandra Mascarenhas The third and final day of the Sri Lanka Economic Summit 2012 organised by the Ceylon Chamber of Commerce commenced with a plenary session titled ‘Skills and Productivity to Compete in the Global Market,’ which discussed the initiatives that are underway and aimed to identify additional steps required to improve the quality ...
Key insights to exploring opportunities for enhancing business performance will be shared during a breakfast session on 13 July from 8a.m. to 10.30a.m. at Cinnamon Lakeside. Organised by Experform, the breakfast forum will have past CIMA Global President Aubrey Joachim as keynote speaker and author and Penco Managing Director Alireza Sarraf as the solutions expert. ...
The Ceylon Chamber of Commerce in association with the Sri Lanka -Malaysia Business Council recently signed a Memorandum of Understanding with the National Chamber of Commerce and Industry of Malaysia to boost trade between the two countries.
In the wake of the successful B2B MoU between Sri Lankan and S’Pore biz last May, is the next ASEAN bilateral B2B invitation – call for fully fledged MoU between Malaysia and Sri Lanka biz.