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Sunday, 7 September 2014

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While the drought has devasted paddy lands in certain parts of the country, a bountiful harvest is being gathered at Galgamuwa in the Kurunegala district.
Here farmers gather their harvest using a machine known as the 'tsunami'. Pic: Sumanachandra Ariyawansa

Rubber prices recover at slow pace

The boom in rubber prices that producers enjoyed during the past three years has come to an end and today, the market experiences a continuous decline in prices. The chairman of the Colombo Rubber Traders Association, M.S. Rahim said that the price decline is mainly associated.

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Mobitel - best player by 2015 - CEO

Sri Lanka Telecom Mobitel will be the best player among mobile service providers by next year, said Mobitel CEO Ranjith Rubasinghe, who assumed duties mid this year. He said that he is content with the vast strikes the company has made over the years and added that he was confident that the company.

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Young workers in Asia face instability

A new International Labour Organisation (ILO) report on the transitions of young people from education to the employment market in Asia and the Pacific, finds a majority of youth in the region are either in low quality jobs or unemployed. Nearly half of the workers aged 15-29 in Asia and the Pacific are self-employed and two in three youth are in paid work without a written contract.

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Spice exports up 40% in 2013

Sri Lanka's spice exports rose 40 percent to $329 million in 2013 from $ 236 million in 2012. Spice export revenue was US$ 115 million in 2009, Export Development Board EDB statistics revealed.

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'SLCBCC Star Awards promotes bilateral cooperation'

The SLCBCC Business Star Awards 2014 organised by the Sri Lanka-China Business Co-operation Council (SLCBCC) was held at the Galadari last week. The Speaker of Parliament Chamal Rajapaksa and Chinese Ambassador in Sri Lanka, Wu Jianghao were also present.

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DFCC Bank loans for self-employed

The Central Bank of Sri Lanka recently appointed DFCC Bank as one of the Participating Financial Institutions to offer loans under the Self-Employment Promotion Initiative (SEPI). The scheme was introduced by the Central Bank to empower and support the self-employed sector.

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