Apparel exports must be expanded to cater to the growing demand for Sri Lankan made products in the Japanese market, according to Japan’s House of Councillors Member Yamatani Eriko.
A recent headline in a Sri Lankan weekly newspaper titled “Tamil Nadu Exports Fish Robbed from Sri Lanka” prompted me to highlight the legal implications of such activity generally referred to as IUU (Illegal Unreported and or Unregulated) Fishing and......
The Sri Lanka Tourism Strategy for the period 2011 to 2016, launched in November 2011, aims to welcome 2.5 million arrivals by 2016. Not much is known on how the goal of reaching 2.5 million arrivals is to be achieved.
AFP: China launched a free trade zone in its commercial hub Shanghai yesterday, state-media reported, with the project seen as a testing ground for much-needed reforms in the world’s second largest economy.
As a mark of respect towards the senior citizens of the country, Amana Bank introduced its very own Senior Citizen’s Savings Account on 1 October 2013 coinciding with World Elder’s day.
Oil majors Exxon Mobil Corp, Royal Dutch Shell PLC and France’s Total have shown interest in bidding for blocks offered in Sri Lanka’s current licencing round, the island nation’s upstream regulator said yesterday.
Pakistan High Commissioner in Sri Lanka Major General Qasim Qureshi hosted the Sri Lankan businessmen participating in Pakistan Expo 2013 along with the officials of the Export Development Board yesterday, at the Pakistan High Commission, prior to their departure for Karachi.
Aitken Spence is currently in negotiations with family-owned Spanish hotel chain, RIU Hotels and Resorts in connection with the construction of a new resort hotel in Ahungalla.
Immediate action must be taken to narrow the US $ 2.4 billion gap in Sino-Lanka trade, according...
IFC, a member of the World Bank Group, launched a trade supplier finance facility with leading apparel exporting company Brandix. The first such facility in South Asia, the IFC Global Trade Supplier Finance programme will help Brandix boost international trade opportunities.
The International Monetary Fund (IMF) Staff Mission yesterday said Sri Lanka should keep the current policy rates on hold and called for structural changes in order to boost economic growth.
Despite impressive performance in access to education, issues of quality of education, access to higher levels of education and relevance of education has challenged the education sector in the recent past.
Sri Lanka is more popular than ever as a tourist destination, meaning there is an urgent need for more well-trained and qualified managers.
A bitter civil war from 1983 to 2009 affected tourism in Sri Lanka resulting in low demand, low prices and a reputation as a cheap destination.
LIC (Lanka) Limited, a unit of Life Insurance Corporation (LIC) India, the world’s biggest life insurer sending a strong signal to the market said yesterday that they are to aggressively scale up operations to become the market leader in the life insurance business.
Marking another first in the history of the Colombo Stock Exchange, an active Member of Parliament (MP) has been appointed to the board of directors of a listed entity.
Nawaloka Hospitals PLC’s Rs. 1.5 billion rated, unsecured, redeemable debenture issue was oversubscribed yesterday.
The graphite mining industry in Sri Lanka dates back to 200 years with its boom periods during the First and Second World Wars when approximately 35,000 metric tons of natural graphite per annum, were exported. During this period, nearly 6000 shallow workings, pits and small scale mines were in operation.
It has been reported by The Wall Street Journal that is it the Southeast Asian region that the International Rubber Study Group (IRSG) is embarking on an ambitious initiative to draw up a plan for the rubber industry, much like what the Roundtable on Sustainable Palm Oil did in the tropical oil seed industry.
Despite Sri Lanka’s July export earnings increasing 8 percent Year-on-Year, the highest in the first seven months, the import expenditure raced ahead, recording a 20.8 percent YoY increase, Central Bank statistics showed.
Fitch Ratings has assigned Abans Limited's proposed issue of senior unsecured redeemable debentures of up to Rs.2 billion, an expected National Long-Term rating of ‘A-(lka)(EXP)'.
Every year, AIA Insurance presents higher education scholarships to the students who top the batch in each of the 25 districts in Sri Lanka in the year 5 government scholarship examination. AIA presents scholarships to year 5 batch toppers purely on merit.
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