ICTA, SLSI host ISO Group 2 meetings
The ICT Agency of Sri Lanka (ICTA) and the Sri Lanka Standards
Institution (SLSI) hosted the International Standards Organisation’s
(ISO) Steering Committee 2 (SC2) and Working Group 2 (WG2) meetings in
ISO/IEC JTC1/SC2/WG2 is the international standardisation working
group of the International Standards Organisation (ISO) and the
International Electrotechnical Commission (IEC) for the Universal
Character Set (i.e. the Universal Multiple-Octet Coded Character Set -
ISO is the world’s largest developer of voluntary International
Standards. The scope of the Working Group 2 is to develop the Universal
coded character set that encompasses all the world's language scripts,
symbols and characters used in IT.
Lanka to venture into Russian seafood market
The Sri Lanka–Russian Business Council (SLRBC) of the Ceylon Chamber
of Commerce held
its 11th Annual General Meeting (AGM) on October 1 at the Russian
Centre, Colombo. Ambassador of Russian Federation Alexander Karchava was
the chief guest.
President, SLRBC, Hiran Karunaratne said that the Council is
facilitating entry for Sri Lankan suppliers to the Russian seafood and
fruit and vegetable markets. It has had preliminary talks with some
retail chains in Russia regarding this. The retailers have requested
detailed information on the products, available volumes, production
capacity, seasonality and lead times.
Members of the Seafood Exporters' Association met the Russian
Ambassador at the conclusion of the AGM.
Wal-Mart to end health insurance for part-time workers
US retail giant Wal-Mart has said it will end health insurance cover
for some of its part-time workers, citing rising healthcare costs.
About 30,000 Wal-Mart employees who work fewer than 30 hours a week
will be affected by the change. Wal-Mart employs 1.3 million people in
the US, making it the country's largest employer. In a blog post, the
firm said it made the change following similar moves by rival Target and
“Like every company, Wal-Mart continues to face rising health care
costs,” wrote the company.
“This year, the expenses were significant and led us to make some
tough decisions as we begin our annual enrolment,” it said. - BBC
Asian shares up
Asian shares are trading higher after minutes from the US Federal
Reserve's policy meeting reduced fears of the Central Bank increasing
US policymakers showed concern about the risks to the global economy
and the US dollar's strength. “There's absolutely no indication of an
early rate hike,” said Tohru Yamamoto, strategist at Daiwa Securities.
Japan's Nikkei 225 rose 0.3%, while the yen climbed against the
dollar to hit 108.16.Shares were also lifted by stronger-than-expected
economic data, which showed Japan machinery orders rose 4.7% in August
from a month earlier. In greater China, Hong Kong shares rose following
a rally on Wall Street from the Fed minutes.