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Tue01242017

Last updateTue, 24 Jan 2017 8pm

Business News

Asian Alliance tops at the Insurance Awards.

The Asian Alliance Insurance Company has been able to win four Excellent Awards at the Insurance Awards ceremony held recently. They were presented to the company for having the best Insurance Agency Net Work, best life insurance policy and for using modern technology for insurance.

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Minister Arjuna Ranathunga says the Sea Freighters Association contributes a lot for the development of import - export sector.

 

Minister Arjuna Ranathunga says the Sea Freighters Association contributes a lot for the development of import - export sector in Sri Lanka. Therefore, the government is committed to provide required facilities for the security and promotion of ship owners.

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Pakistan assures continues support for HR & Entrepreneurship development in SL.

The Pakistani government has assured its continuous support for Sri Lanka's human resource and entrepreneurship development. Pakistani High Commissioner Syed Shakeel Hussein stated this while joining the ceremony held recently, to declare open IT laboratory of the Federation of Commerce and Industry of Sri Lanka. It is a donation of the Pakistani government. The laboratory is equipped with 15 desktop computers and 5 laptops.

A proposal to increase taxes on cigarette industry to 90 percent.

Minister Dr.Rajitha Senarathne says the government will enhance its commitment to discourage smoking and other causes for non-communicable diseases. He added that a memorandum will brought to the cabinet to increase tax imposed on the cigarette industry by 90 percent.

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Minister Kabir Hashim says that a major restructuring is in process to make Sri Lankan Airlines a profit making venture.

Minister Kabir Hashim says that a major restructuring is in process to make Sri Lankan Airlines a profit making venture. The national carrier incurred heavy losses due to mismanagement of previous regime, the minister added. He was speaking at press briefing held today at the Ministry of Public Enterprises Development.

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Cathay unveils A330, new products to Lankan travellers

 

Cathay Pacific Airlines has introduced the Cathay Pacific A330 airbus to Lankan travellers visiting their base country Hong Kong and connecting destinations from there.

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HTC announce the entry of its splendid new range of smart phones to Sri Lanka.


HTC, who is the global leader in mobile innovation and design, has announced the entry of its splendid new range of smart phones to Sri Lanka with Sri Lanka Telecom Mobitel. It includes the HTC-10, HTC One X9, the trendy and youthful HTC Desire 628 as well as HTC Desire 630.

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Japan to assist SL to increase the manufacture of pharmaceuticals.

The Japanese government has extended its support to Sri Lanka to increase the manufacture of pharmaceuticals in the country. The Japanese ambassador Kenichi Suganuma has disclosed this when he called on Minister of Health Rajitha Senaratne recently. He has also pledged Japan's continuous support for the development of the Sri Lankan health sector.

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"Techno-Sri Lanka" Exhibition 2016

The 31st edition of the "Techno-Sri Lanka" exhibition will be held at the Sirimavo Bandaranaike Memorial Exhibition Center from 7th to the 9th of October.  It is annually organized by the Institution of Engineers of Sri Lanka.

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Representatives of the 28 leading Japanese companies are engaged in a tour to seek investment opportunities in Sri Lanka.


Representatives of the 28 leading Japanese companies are engaged in a tour to seek investment opportunities in Sri Lanka. The representatives directly discussed with the Sri Lanka Board of Investment. The discussions were held under the patronage of chief executive officer of the Board Renuka Weerakoon. The committee chairman of the Japan-Sri Lanka Business Cooperation Tadayaki Seki says they have received a better understanding on this venture.

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