Tag: Sri Lanka Business News
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Sri Lanka Economic Summit 2013 in Colombo on 9th to 11th July 2013
The Ceylon Chamber of Commerce organised an event of Sri Lanka Economic Summit 2013 in Colombo from 9th to 11th July 2013 at Cinnamon Grand Colombo. Sri Lanka advanced to the lower-middle income country status in January 2010. With the rise in income levels and acceleration of development in the post-war era, the re-balancing of…
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Electronic card system in CTB (SLTB) Soon
A new electronic card system will be introduced soon for Sri Lanka Transport Board (SLTB) formerly known as Ceylon Transport Board (CTB) commuters to pay their bus fare. The common complaint among commuters using public transport is the failure on the part of bus conductors to return the balance money, often in coins, and this…
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Investment Opportunity in Eastern Part of Sri Lanka
Enlighten the East and Golden opportunity to your Investment. Based on the “Mahinda Chintana” Policy, Ministry of Industry and Commerce proposed to establish an industrial estate in Batticaloa. Under the programme of establishing industrial estates at regional level, the proposed industrial estate establish in 8 kilometers from Batticaloa city towards Manmunai (North). The location falls…
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Krrish Transworks invests US$ 650 million in Fort project
The Krrish Group would invest US$ 650 million to build three towers and redevelop the adjoining Transworks building in Fort. The construction would start in August 2013, and be completed in 30 months (February 2016). News stated that Krrish Groups will committed to paid their balance of Rs. 800 million before July 2013, which already…
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Cyber Security Summit 2013 – 25th June 2013
Sri Lanka is the world 8th highest in cyber attacks recorded according to Kaspersky’s List; Cyber criminals are likely to attack developing countries with fewer internet security defences and growing numbers of internet users. Awareness and knowledge is the key to prevention and protection. Cyber security summit 2013 organised by CICRA and Daily FT on…
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Sathosa Sri Lanka becomes Profitable Business
Cooperatives Wholesale Establishment (SATHOSA) officials requested the authorized parties to SATHOSA be removed from the COPE’s list of state-owned institutions operating at a loss. SATHOSA Chairman Eraj Fernado Stated that the Sathosa is now making profits having recovered from its loss making days. The institution recorded financial losses from 2005. However, it made a profit…
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CCTV cameras in forest reserves to monitor Human and Animal behaviours
The Ministry of Wildlife Resources Conservation has decided to Install Closed Circuit Television (CCTV) cameras inside national forest reserves in a bid to monitor the activities of visitors as well as to be of service to them. This has become necessary because of the uncouth behaviour of certain visitors and certain service providers, the Minister…
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Commercial Bank felicitated as op corporate citizen Colombo Municipal Council (CMC)
The Colombo Municipal Council once again felicitated Commecial bank as an Top Corporate Citizen for being the most punctual taxpayer in Colombo for the past five years consecutively. The Bank has been presented with a special card by the CMC, entitling it to priority service from the council.
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Bangkok manufacturing expo 2013 – Applications call
Arrangements have been made to participate a group of businessmen to witness Great Bangkok Trade Exhibition conducted by National Enterprise Development Authority (NEDA) in collaboration with Anuradhapura District Commerce, Industries and Agriculture Board (ADCCIA). This exhibition will be held from 20th to 23rd June, 2013. Sections presented at exhibition Machinery and Technology Mould & Die…