Author Archive for Business
Friday, February 22nd, 2019
By: Nanda Kasabe Courtesy Financial Express Grape exporters in the country are in a tight spot in the middle of the season with Russia and Sri Lanka demanding pest-free area certificates. According to exporters, containers from India are lying uncleared for the past couple of weeks in the port of St Petersburg in Russia. Russia, Sri Lanka […]
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Thursday, February 21st, 2019
ඩබ්ලිව්.කේ. ප්රසාද් මංජු උපුටාගැණීම මව්බිම ජාවාරමක් ලෙස ඇතැම් ද්රව්ය ප්රතිඅපනයනය කිරීම දිගටම සිදුකරගෙන ගියහොත් මෙරටින් අපනයනය කරනු ලබන සුළු අපනයන භෝගවලට දැඩි තර්ජනයක් එල්ල වී කුළුබඩු ඇතුළු සුළු අපනයන කර්මාන්තය දැඩි අර්බුදයකට මුහුණපෑමේ අවදානමක් මතු වී තිබෙන බව විපක්ෂ නායක මහින්ද රාජපක්ෂ මහතා ප්රකාශ කරයි. පාර්ලිමේන්තු සංකීර්ණයේදී ඊයේ (20දා) පැවැති එක්සත් ජනතා නිදහස් සන්ධානයේ පාර්ලිමේන්තු මන්ත්රි […]
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Tuesday, February 19th, 2019
tvnz.co.nz Fonterra has denied allegations that some of their milk products sold in Sri Lanka contain animal fats. In a statement today Fonterra says: “We are aware of misinformation recently shared in Sri Lanka. These claims are completely false and we have reassured our customers that all our products are safe and contain only what […]
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Thursday, February 14th, 2019
ලංකා කාර්මික සංවර්ධන මණ්ඩලය කර්මාන්ත හා වාණිජ කටයුතු අමාත්යාංශය විසින් දේශීය කර්මාන්තවල ඵලදායිතාවය ඉහල නැංවීම, බලශක්ති කාර්යක්ෂමතාව හා ආහාර සුරක්ෂිතතාවය වර්ධනය කිරීම සඳහා විශේෂ අනුග්රහයක් ලබාදීමේ වැඩසටහනක් ආරම්භ කර ඇත. මේ අනුව ISO 9001, ISO 14001, ISO 22000, ISO 50001 ජාත්යන්තර තත්ත්ව සහතික හා ආහාර සුරක්ෂිතතාව වර්ධනය සඳහා GMP සහතීකරණය ලබා ගැනීම සඳහා රජයෙන් මුල්ය අනුග්රහය සඳහා […]
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Wednesday, February 13th, 2019
උපුටාගැණීම මව්බිම ඊ.ටී.අයි. ෆිනෑන්ස් ලිමිටඩ් ආයතනයේ පාලිත, උප පාලිත සහ ආයෝජන වත්කම් විකිණීමේදී ඇමෙරිකානු ඩොලර් මිලියන 75කට වීමට නියමිත වූ සමස්ත ගනුදෙනුවෙන් ඇමෙරිකානු ඩොලර් මිලියන 5ක් ගනුදෙනුකාර ලයිකා මොබයිල් සමාගම නොගෙවීමට දරන කූට උත්සාහයට ශ්රී ලංකා මහ බැංකුවේද සහාය ලැබෙන බවට බරපතළ සැකයක් මතුව තිබේ. එම ගනුදෙනුකාර සමාගම ස්වර්ණ මහල් මූල්ය සේවා පෞද්ගලික සමාගමට (Swarnamahal […]
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Wednesday, February 13th, 2019
Courtesy commodityonline.com The coordinator of the Kerala chapter of Indian Pepper and Spice Traders, Growers , Planters Consortium said in a letter to commerce minister, that Sri Lankan minister has said that he hasn’t been able to prevent the export of 156 containers of Vietnam Pepper to India with certificate of origin from Sri Lanka […]
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Sunday, February 10th, 2019
Courtesy Sputnik MOSCOW (Sputnik) – Sri Lanka is negotiating with Russia the purchase of a new batch of Russian Mi-17 helicopters, which the country will use in UN peacekeeping missions, Sri Lankan Ambassador to Russia Dayan Jayatilleka told Sputnik on Sunday. “There is a commission that discusses the purchase of Mi-17 helicopters,” Jayatilleka said, specifying that […]
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Saturday, February 9th, 2019
By Jonathon Manning The company is famous for building the Tyne Bridge and Sydney Harbour Bridge Cleveland Bridge UK’s extensive production facility in Darlington (Image: Keith Taylor) Cleveland Bridge has won a major contract to build 250 bridges for rural communities in Sri Lanka, and has secured millions of pounds of in Government support for […]
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Friday, February 1st, 2019
Xinhua A shield tunneling machine self-developed by China Railway Construction Heavy Industry Co. Ltd (CRCHI), a major heavy machinery producer, passed acceptance tests on Friday and will be exported to Sri Lanka soon. It will be the country’s first domestically-made shield tunneling machine to be exported to Sri Lanka, according to the company based in […]
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Monday, January 28th, 2019
By BRIAN NGUGI Courtesy Daily Nation More by this Author A Nairobi-based Sri Lankan company has launched a bid for contracts to supply electricity cables to two State-owned power agencies after securing an additional Sh80 million capital injection from a local bank and its Colombo parent shareholder. Sierra Cables East Africa chief executive Ruwan Fernando said […]
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Wednesday, January 23rd, 2019
By Zhu Ruiqing, Tang Lu, Chen Jian Courtesy NewsIn.Asia Colombo, January 23 (Xinhua): For Sri Lankan engineer Sanjeewa Alwis, a veteran of the Colombo Port City project, the four state-of-the-art Chinese dredging vessels pumping yellow sea sand was an endearing spectacle. With the reclamation of land completed, the Chinese-funded Port City under construction near the Colombo […]
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Sunday, January 20th, 2019
Courtesy NewsIn.Asia Manila, January 18 (newsin.asia): The Sri Lankan government on Friday signed a five-year action pact with the International Rice Research Institute (IRRI) in Los Banos, Philippines, to help Sri Lanka produce rice varieties which are resistant to climate change and which will contribute to the attainment of self-sufficiency in the staple. President Sirisena, […]
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Sunday, January 20th, 2019
By Nalini SivathasanBBC Asian Network London, Paris, Milan, New York… it has been a frantic January for model Jeenu Mahadevan, as he flies around the world for Men’s Fashion Week. “There’s no such thing as downtime in Fashion Week, it’s just chaos for three weeks straight,” he tells the BBC. Since the 20-year old made […]
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Sunday, January 20th, 2019
By Zhang Hongpei Source:Global Times Published: 2019/1/20 22:18:41 China, India and Japan co-participation to benefit Sri Lanka econom As the China-invested Colombo Port City project has completed its land reclamation, a milestone in the progress of the project, Chinese analysts said on Sunday that it is set to become a template for investment in South […]
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Wednesday, January 16th, 2019
Courtesy Channel News Asia COLOMBO: Sri Lanka has appealed to the International Monetary Fund to revive a US$1.5-billion bailout suspended during the island nation’s political crisis late last year, the finance ministry said Wednesday (Jan 16). In October, President Maithripala Sirisena sparked weeks of high political drama, even featuring brawls in parliament, by sacking Ranil […]
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Tuesday, January 15th, 2019
Lahiru Pothmulla Courtesy The Daily Mirror MP Lakshman Yapa Abeywardena said yesterday Sri Lanka has already given visas to some 242,000 foreign employees and the experts report on Singapore FTA has said this number could increase through the FTA. He said the experts committee which studied the Sri Lanka-Singapore Free Trade Agreement (SLSFTA) has verified the concerns […]
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Sunday, January 13th, 2019
Tom Murray Courtesy Insider Lonely Planet named Sri Lanka the number one country in the world to visit in 2019. Vast tea terraces, an abundance of wildlife, and stunning beaches (and much more) make Sri Lanka a truly unforgettable destination. I had the pleasure of visiting Sri Lanka in 2018 and I can’t recommend it enough. Here’s why […]
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Saturday, January 12th, 2019
Courtesy The Gulf Today COLOMBO: Sri Lanka is in talks with China to import hybrid buses to upgrade the island’s public transport sector. State Minister of Transport and Civil Aviation Ashoka Abeysinghe said that he was in discussions with Chinese companies which manufacture hydrogen powered buses and hybrid buses and the procurement plan to purchase […]
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Wednesday, January 9th, 2019
By Nicholas Muller Courtesy The Diplomat January 09, 2019 A look at developments in the stronghold of Mahinda Rajapaksa’s southern region of Hambantota In January 2015, when Maithripala Sirisena surprisingly defeated Mahinda Rajapaksa in Sri Lanka’s presidential election, the country was seemingly turning over a new chapter in its bloody recent history. In October 2018, President Sirisena’s […]
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Wednesday, January 9th, 2019
Courtesy NewsIn.Asia Colombo, January. 8 (Xinhua/newsin.asia): Sri Lanka is in talks with China to import hybrid buses to upgrade the island’s public transport sector, local media reported Tuesday. In a recent government survey, it is estimated that by 2030, more than 60 percent of the island’s population will depend on public transport to travel to […]
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Wednesday, January 9th, 2019
Courtesy NewsIn.Asia Colombo, Jan 9 (newsin.asia) – Sri Lanka’s banking sector, on Wednesday announced that Chinese tourists visiting the island country could pay for their goods and services through the ‘WeChat Pay’ facility in order to attract more Chinese tourism. Commercial Bank of Ceylon PLC, one of Sri Lanka’s leading private banks said the ‘WeChat […]
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Monday, January 7th, 2019
MOHAMMED RASOOLDEEN SOURCE: MCCLATCHY Courtesy aviationpros.com ON JAN 6, 2019 Jan. 06–COLOMBO — An India-led project to modernize a northern Sri Lankan airport has been delayed because of political instability, according to media reports citing an unnamed aviation official. India’s Ministry of External Affairs (MEA) has yet to give the green light for the Airport Authority of India […]
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Sunday, January 6th, 2019
Courtesy The Daily Mirror Colombo Municipal Council (CMC) has decided to impose a sewerage disposal service charge from commercial and industrial companies within the city. It is expected to earn Rs.667 million revenue with the introduction of this scheme of revenue. In replying to a question CMC member Sharmila Jayawardena Gonawala said proposal to collect […]
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Tuesday, January 1st, 2019
Courtesy NewsIn.Asia Colombo, January 1 (newsin.asia): Colombo International Container Terminals (CICT) has reported handling 2.65 million teus for the 12 months ending December 31, recording a 13 per cent increase in its annual throughput and contributing 38 per cent of the Port of Colombo’s volumes in the year just concluded. Colombo International Container Terminals […]
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Monday, December 31st, 2018
Courtesy NewsIn.Asia Colombo, December 31 (DailyFT): Free Trade Agreements (FTAs) are of no use” unless backed by a slew of reforms to make Sri Lanka’s economy more competitive, a highly-critical report from the Committee of Experts (CoE) appointed by President Maithripala Sirisena to evaluate the Sri Lanka-Singapore FTA has said. It recommends that any future […]
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Saturday, December 29th, 2018
Courtesy RT The volume of trade between Russia and India has been steadily growing and exceeded $10 billion last year. The two nations are aiming to boost trade and encourage investment. According to Russia’s Federal Customs Service, the trade turnover between Russia and India has been hovering between $8 billion and $10 billion over the […]
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Wednesday, December 26th, 2018
Courtesy The Gulf Today Colombo: SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld alliance, won the prestigious ‘World’s Leading Airline to the Indian Ocean’ title once again at the Grand Final Gala Ceremony of World Travel Awards, in Lisbon, Portugal recently. Congratulating SriLankan Airlines, World Travel Awards Founder, Graham […]
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Friday, December 21st, 2018
Courtesy commodityonline Indian Tea is likely to gain benefit from wage hike in Sri Lankan plantations and pesticide problems in Vietnam. India is the second largest producer of Tea in the world and contributes 26% to the global production. The expected wage hike in Sri Lankan plantations is estimated to help South Indian orthodox production also. […]
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Thursday, November 8th, 2018
Gamini Sarath Godakanda Press Release Pathfinder Foundation A senior academic delegation led by the Vice President of Sichuan University Prof. Yan Shijing and the Director General of the newly established China Center for South Asian Studies (CCSAS) Prof. Sun Shihai visited Pathfinder Foundation (PF), to discuss ways and means of further strengthening links between the two […]
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Thursday, November 8th, 2018
Courtesy NewsIn.Asia Colombo, Nov 8 (newsin.asia) – More than 150,000 tourists arrived in Sri Lanka last month, recording a 0.5 percent growth when compared to the same period last year, official statistics from the Tourism Ministry showed here Thursday. According to the Ministry, the leading five markets were India, China, Britain, Germany and Australia. So […]
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