Sri Lanka will host a key meeting of officials from major tea producing and consuming nations next week. The 20th Session of Food and Agriculture Organisation’s Inter-Governmental Group on Tea will meet in Colombo from January 30 to February 01, a statement from the Sri Lanka Tea Board said. “Today, there is political uncertainty in [...]

Air Senok, a fully owned subsidiary of Senok Trade Combine of Sri Lanka has introduced a new domestic airline service to boost the tourism industry in the country. President Mahinda Rajapaksa yesterday at the BRC grounds observed the Air Senok’s two new Eurocopter AS350B3 helicopters the company has procured from the Eurocopter South East Asia [...]

An area exceeding 1,934 out of 2,061 square kilometres of lands in the North which were dotted with land mines and booby traps have been cleared by the end of 2011. Economic Development Minister Basil Rajapaksa has given specific directives to expedite the clearing of the remaining 126 square kilometres. According to Minister Rajapaksa, a [...]

The Monetary Board of the Central Bank (CB) decided to maintain the policy interest rates of the Bank unchanged. Accordingly, the Bank’s Repurchase rate at 7.00 per cent and the Reverse Repurchase rate remain at at 8.50 per cent. The ongoing structural changes in the economy are also likely to be reflected in the external [...]

Foley & Lardner LLP has been recognized by The BTI Consulting Group as one of an elite group of firms serving the Fortune 1000 in the delivery of exceptional client service, ranking fourth in both The BTI Client Service A-Team Report and BTI Client Service 30 list. The firm is also named Best of the [...]

“ Samurdhi”, news paper supplementary on Government’s major poverty alleviation programme was launched today by the ANCL. First copy of the news paper was handed over to Hon. Deputy Minister of Economic Development, Lakshman yapa Abewardana by Mr. Bandula Thilakasiri- Director General of Samurdhi at the Lake House Auditorium. This Supplementary news paper will be [...]

“ Samurdhi”, news paper supplementary on Government’s major poverty alleviation programme was launched today by the ANCL. First copy of the news paper was handed over to Hon. Deputy Minister of Economic Development, Lakshman yapa Abewardana by Mr. Bandula Thilakasiri- Director General of Samurdhi at the Lake House Auditorium. This Supplementary news paper will be [...]

The main economic advantage that will emerge in Sri Lanka is the educated young population of the former conflicted areas, which will be reintegrated into the rest of the country’s dynamic. We are really talking about a high value workforce, which is highly educated and capable, especially in information technology (IT), Ambassador Dayan Jayatilleka said. [...]

The Ethiopian Ambassador to Ghana, Gifty Abassiya, said there are a lot of business opportunities in Ghana and Ethiopia that can be harnessed for the mutual benefit of the people of the two countries. Ambassador Gifty said Ethiopia grows a lot of flowers, which are not commonly found in Ghana and that leather products, including [...]

The India – Sri Lanka Joint Working Group on Fishing will meet in Colombo on January 13 and 14 to address various issues relating to fishing by the two sides in the narrow Palk Straits and the Gulf of Mannar. An Indian delegation comprising senior state and central government officials will arrive in Sri Lanka [...]