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Sunday, 15 June 2014

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Hotel Show 2014, one of the largest exhibitions which showcases products and services, opened at the BMICH on Friday. The exhibition which concludes today attracted a large number of visitors. Here visitors take a close look at some of the products on display. Pic: Vipula Amerasinghe

Fresh boost for informal economic sector

The informal and semi-formal economic sector received a fresh boost through policies which encourage manufacturers and suppliers, the Finance and Planning Ministry Annual Report of 2013 released recently said. The report highlighted the role and importance of supporting the informal sector which makes a salient contribution to the Gross Domestic Product (GDP).

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SLT to share ICT infrastructure

A strong, reliable and islandwide ICT broadband infrastructure and global connectivity are key to the efficient functioning and development of the telecommunication industry, businesses and the economy.

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AFD to co-finance water projects

Manila, Philippines : A $400 million Asian Development Bank (ADB) project to improve water and waste-water management services in greater Colombo will be expanded through co-financing of $101 million from Agence Francaise de Developpement (AFD).

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Korea to enhance trade and investments with Lanka

Korea looks forward to strengthening trade, economic and investment relationship with Sri Lanka and setting up a Joint Working Group, Korean Ambassador Won-sam Chang told Industry and Commerce Minister Rishad Bathiudeen when he paid a courtesy call at the Ministry of Industry and Commerce, Colombo 3 recently.

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India's new government to introduce economic reforms

India's new government has unveiled a program for rapid economic reforms to create jobs and boost foreign investment. The announcement by President Pranab Mukherjee included plans to simplify taxation and reduce inflation.

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