(COLOMBO, LANKAPUVATH) –The ‘Entrepreneur of the Year award 2017’, award ceremony organized annually by the Federation of Chambers of Commerce & Industry to give due recognition to the Sri Lankan entrepreneurs who excel in their fields, was held under the patronage of President Maithripala Sirisena at the BMICH, yesterday (11).
"Entrepreneur of the Year award 2017 under President’s patronage"Category: BUSINESS
(COLOMBO, LANKAPUVATH) –According to the latest data released by the Export Development Board (EDB), Merchandise export earnings recorded USD 9.5 billion for the eight months to October this year, showing substantial increases compared to USD 8.6 billion last year. Estimates in the services exports sector suggest an overall growth of 5.9% during the first eight months of the year, bringing total exports to USD 12.5 billion.
"Recorded USD 12.5 Bn export earnings in first eight months"
(COLOMBO, LANKAPUVATH) –HMD Global, the home of Nokia phones, today celebrates its first birthday. In just 12 months, the start-up has made 12 major announcements including the introduction ofeleven new devices, and global partnerships with industry heavyweights such as ZEISS. Throughout this fast-paced period, the home of Nokia phones has been guided and motivated by the enthusiasm of its rapidly expanding fan base.
"HMD Global celebrates one year as the new home of Nokia phones"
Microsoft and SAP Join Forces to Give Customers a Trusted Path to Digital Transformation in the Cloud
(COLOMBO, LANKAPUVATH) – Microsoft Corp. and SAP SE (NYSE: SAP) on Monday announced integrated offerings to provide enterprise customers with a clear road map to confidently drive more business innovation in the cloud. In a bold show of commitment, the two companies also announced they will be deploying each other’s cloud solutions internally.
"Microsoft and SAP Join Forces to Give Customers a Trusted Path to Digital Transformation in the Cloud"
(COLOMBO, LANKAPUVATH) –Dell announced the launch of the new Inspiron 7000 notebook with the latest 8thGeneration Intel Core processors.
"Dell Launches Stylish and Powerful Inspiron 7000 laptop in Sri Lanka"
(COLOMBO, LANKAPUVATH) – “As Sri Lanka needs to build its foreign earnings, the role of the apparel industry is more important than ever. The government has taken steps to create the enabling environment for further export growth – and it is my wish to see numerous other industries breaking into export markets with the same success as the apparel sector”, so said Minister of Finance and Mass Media Mangala Samaraweera at the Annual General Meeting…
"“Government creates environment for export growth” – Finance Minister"
(COLOMBO, LANKAPUVATH) – The external sector performance was driven by a double digit growth in exports (year-on-year) in September 2017, surpassing the USD 1 billion mark of monthly exports for the third consecutive month. However, the trade deficit expanded with higher imports of fuel and rice during the month.
"Exports surpass USD 1 Bn again"
(COLOMBO, LANKAPUVATH) –The Sri Lanka Transport Board (SLTB) has turned out to be a profit making body this year by recording a Rs.2 billion profit so far in 2017, Transport and Civil Aviation Deputy Minister Ashoka Abeysinghe said in Parliament on Saturday (25th Nov.).
"SLTB earns Rs.2 Bn profit this year"
(COLOMBO, LANKAPUVATH) –Sri Lanka tea production for the month of October 2017 totalled 25.4M/kgs vis-a-vis 18.7 M/kgs of October 2016 showing a gain of 6.7M/kgs. All elevations have shown a growth in 2017 compared to the corresponding month of 2016.
"Tea production in an upward trend"
(COLOMBO, LANKAPUVATH) – Sri Lanka would target over USD 1.5 billion foreign direct investments (FDI) for 2017, said Chairman Board of Investment Dumindra Ratnayake.
"BOI targets USD 1.5 bn FDI for 2017"