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Sri Lankan - based solar power company with facilitation of Embassy in Bahrain, invests $ 10 m

2019-01-30/ http://www.ft.lk/energy/Sri-Lankan---based-solar-power-company-with-facilitation-of-Embassy-in-Bahrain--invests---10-m/10509-671918

Sri Lankan - based solar power company with facilitation of Embassy in Bahrain, invests $ 10 m

Sri Lankan based JLanka International, a leading solar and renewal energy technology solutions provider in South Asia, has been chosen by the Government of the Kingdom of Bahrain to commission the Sustainable Energy Unit (SEU) under the stewardship and guidance of Minister of Electricity and Water of Bahrain to install solar PV systems on over 500 Government and state-owned buildings in Bahrain including schools, universities, corporates and hospitals, among others. This is particularly significant since the total value of investment would be in excess of $ 10 million.

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Awareness seminar for Sabaragamuwa Province entrepreneurs

2019-01-29

Awareness seminar for Sabaragamuwa Province entrepreneurs

The fifth seminar for the Sabaragamuwa Province entrepreneurs on the national program of developing 2,000 exporters was held on 28 January at The Factory Ambanpitiya, Kegalle.

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Hatch Colombo marks centre of gravity for all things start-up

2019-01-28/ http://www.dailymirror.lk/article/Hatch-Colombo-marks-centre-of-gravity-for-all-things-start-up-161633.html

Hatch Colombo marks centre of gravity for all things start-up

Sri Lanka’s largest co-working office space and business incubator, Hatch, was launched amidst much anticipation on Thursday, 24 January 2019. A panel discussion comprising of Sri Lanka’s leaders in business and social change marked the first of the action-packed, three-day event – staying true to the space’s objective of developing and sustaining the local entrepreneurial ecosystem, with the larger goal of developing a resilient economy.

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ICTA launches National Spatial Data Infrastructure

2019-01-27/ http://www.sundayobserver.lk/2019/01/27/business/icta-launches-national-spatial-data-infrastructure

ICTA launches National Spatial Data Infrastructure

The National Spatial Data Infrastructure (NSDI), a most awaited platform for Geo Spatial Information in Sri Lanka, was launched by the Information and Communication Technology Agency of Sri Lanka (ICTA) at Trace Expert City recently.

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EDB Chairperson reappointed

2019-01-25

EDB Chairperson reappointed

Export Development Board Chairperson Indira Malwatte has been reappointed by President Maithripala Sirisena.

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The Footwear and Leather Fair 2019 kicks off at BMICH

2019-01-24/ http://www.ft.lk/business/The-Footwear-and-Leather-Fair-2019-kicks-off-on-Friday-at-BMICH/34-671535

The Footwear and Leather Fair 2019 kicks off at BMICH

Industry and Commerce, Resettlement of Protracted Displaced Persons and Co-operative Development Minister Rishad Bathiudeen will ceremoniously declare open the Footwear and Leather Fair 2019 at the Sirimavo Bandaranaike Memorial Exhibition Centre, BMICH premises, Colombo, at 10 am on Friday, 25 January, in the presence of the distinguished gathering, which will include participants from India, China, Pakistan and Singapore.

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LSE’s Sri Lankan trade-matching technology for cryptocurrency exchange

2019-01-24/ ECONOMYNEXT

LSE’s Sri Lankan trade-matching technology for cryptocurrency exchange

London Stock Exchange (LSE) group said its trade-matching technology developed by its Sri Lankan unit has been chosen for AAX, a new cryptocurrency digital exchange platform being launched by Hong Kong-based fintech firm ATOM Group.

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EDB seeks green light from Quarantine Authorities in China

2019-01-21/ http://www.dailynews.lk/2019/01/22/business/175019/edb-seeks-green-light-quarantine-authorities-china

EDB seeks green light from Quarantine Authorities in China

Sri Lanka Export Development Board (EDB) has made a formal request to the Quarantine Authorities of China for obtaining quarantine clearance for in a bid to support Sri Lankan Agri-entrepreneurs in gaining new ground in China’s organic market.

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BoardPAC wins big with 6 Stevie accolades at 2018 International Business Awards

2019-01-21/ http://www.ft.lk/business/BoardPAC-wins-big-with-6-Stevie-accolades-at-2018-International-Business-Awards/34-671265

BoardPAC wins big with 6 Stevie accolades at 2018 International Business Awards

BoardPAC, globally recognised as a leading provider of revolutionary paperless board-meeting automation solutions captured a record six Stevie accolades at the 15th International Business Awards (IBA) 2018 held recently.

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Eight Sri Lankan garment manufacturers to participate in Texworld – Apparel Sourcing USA in July

2019-01-17/ http://www.ft.lk/business/Eight-Sri-Lankan-garment-manufacturers-to-participate-in-Texworld-%E2%80%93-Apparel-Sourcing-USA-in-July/34-671026

Eight Sri Lankan garment manufacturers to participate in Texworld – Apparel Sourcing USA in July

Following an exciting summer edition of Texworld – Apparel Sourcing USA in July 2018, Sri Lanka Chamber of Garment Exporters is organising its first Sri Lankan Pavilion with the representation of eight companies at the first edition of the fair from 21 to 23 January, at Javits Convention Center.

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ICT/BPM LANDSCAPE IN SRI LANKA

2019-01-16

ICT/BPM LANDSCAPE IN SRI LANKA

Sri Lanka, despite its size is fast becoming an emerging destination for contemporary development. Famed for its traditional exports like Pure Ceylon Tea, Apparel and praised as a tourist hotspot, this island nation is now emerging as one of the top tech destinations in the world. The country has proved the strength of a dynamic force in the business world today, playing a dominant role advancing technology and driving innovation across the world.

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Sripalie recognised at CIDA 2018 Awards

2019-01-16/ http://www.ft.lk/propertyconstruction/Sripalie-recognised-at-CIDA-2018-Awards/10516-671426

Sripalie recognised at CIDA 2018 Awards

Sripalie Contractors Ltd. is the proud recipient of a Merit Award at the National Construction Excellence Awards 2018, presented by the Construction Industry Development Authority (CIDA) for the year 2018. The award was given to Sripalie Contractors for the construction of the Apartment Buildings for Prime Homes Ltd. at Thalawathugoda.

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Finding Sri Lanka’s Own Brand of Wellness

2019-01-10

Finding Sri Lanka’s Own Brand of Wellness

With the concept of wellness becoming a buzzword in the world, the tourism industry has capitalized on its potential by offering travel experiences that have health and well-being as a core component. International travellers are increasingly considering wellness when planning their holiday itinerary. With trips being organized based on concepts such as physical, psychological and spiritual wellbeing, healthy food and spa treatments.

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Exporters hail Govt.’s commitment to bolster trade

2019-01-07

Exporters hail Govt.’s commitment to bolster trade

Exporters last week hailed the Government’s commitment towards encouraging new champions to international trade and facilitation to ensure Sri Lanka reaches its targets by end of this year whilst urging immediate action over some of the concerns.

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Merchandise and service exports up 15% to $ 17 billion in 2018

2019-01-04/ Source at: Daily FT

Merchandise and service exports up 15% to $ 17 billion in 2018

Sri Lanka’s merchandise and service exports in 2018 are estimated to have hit an all-time high of $ 17 billion, up 15% from a year earlier prompting the Government to be confident of achieving the $20 billion milestone this year.

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Port of Colombo handles record-breaking seven millionth TEU

2019-01-01/ Source at: Daily FT

Port of Colombo handles record-breaking seven millionth TEU

Marking a major milestone, the Port of Colombo handled its seven millionth TEU yesterday, 31 December.

A special function was held at the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) to celebrate the handling of the seven million mark. The function was attended by Minister of Ports, Shipping and Southern Development Sagala Rathnayake and Ministry of Ports, Shipping and Southern Development Secretary and Sri Lanka Ports Authority (SLPA) Chairman Dr. Parakrama Dissanayake. 

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