US to restore GSP
The US GSP trade concession will be restored on
the completion of budget debates and discussions by the US Congress,
said US Ambassador to Sri Lanka and the Maldives, Patricia Butenis.
He was addressing the 19th Annual General Meeting of the American
Chamber of Commerce (AmCham) on Thursday.
 Full Story
Local businesses must initiate economic growth and investor
confidence - NCCSL President
Economic growth and investor confidence can be
initiated by the local business community, said President NCCSL
Asoka Hettigoda. He said that to make it a reality there should be a
stimulus for entrepreneurs, while a task force under President
Mahinda Rajapaksa and headed by Economic Development Minister Basil
Rajapaksa should be established.
Full Story
IT training enhances job skills
IT training has helped enhance employability and
job skills of migrant workers said Foreign Employment Promotion and
Welfare Minister Dilan Perera at a ceremony to present grant for
migrant worker ICT training.
Full Story
Ceylon IPO Fund qualifies for 10% IPO allocation
The Securities and Exchange Commission (SEC) of
Sri Lanka in June issued a directive to reserve 10 percent of each
IPO for qualifying Unit Trusts, following heavily oversubscribed
IPOs that left poor allocations to retail investors.
Full Story
SEC to set up CMICC
The Securities and Exchange Commission of Sri
Lanka’s (SEC) will establish a Capital Market Industry Consultative
Committee (CMICC). This was a key recommendation made by industry
participants at the recently concluded Capital Market Development
Workshop.
Full Story
International finance bodies play key role
A new report finds that international finance
institutions play a key role in catalysing job creation and growth
through the private sector in emerging markets, particularly as
governments face increased pressure on public resources.
Full Story |
