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Sunday, 19 October 2014

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The Colombo landscape and skyline are fast changing with newly constructed high rise buildings, city beautification projects and the replacement of shanties with new housing schemes. The construction of the Lotus Tower is now underway and when completed, it will be the tallest communication tower in Sri Lanka. Pic: Vipula Amarasinghe

SMEs, crucial for job creation

SMEs are crucial for the creation of jobs, reduce the level of poverty and increase shared prosperity, Senior SME banking advisory service specialist, International Finance Corporation (IFC), Andrew McCartney told the SME forum organised by Ceylon Chamber of Commerce (CCC) last week.

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Government to formulate policy to check brain drain

The Government will formulate a national policy and adopt strategies to check brain drain and obtain the services of research workers for economic development, President Mahinda Rajapaksa told the fifth symposium on Plantation Crop Research organised by the Sugarcane, Coconut, Rubber and Tea Research Institutes at the BMICH on Friday.

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Ebola, no threat to tourist arrivals

The spread of Ebola, the fatal virus that has taken the death toll to over 45,000, predominantly in West Africa, has posed a serious threat to global travel following travel restrictions to and from the epidemic-hit region.

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Family farming, key to unlock global progress - UNSG

Today and every day, we eat thanks to the labours of family farmers. They run the vast majority of farms in the world. They preserve natural resources and agro-biodiversity. They are the cornerstone of inclusive and sustainable agriculture and food systems,

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Policy interest rates remain unchanged

The Monetary Board of the Central Bank (CB) last week decided to maintain policy interest rates without change considering macroeconomic developments. Accordingly, the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank will remain at the present levels of 6.50 percent and 8.00 percent.

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'TIFA will strengthen SL-US bilateral relations'

The American and Ceylon Chambers of Commerce joined the Ministry of Industry and Commerce to co-host US-Sri Lanka Business Forum last week to coincide with the 11th Trade and Investment Framework Agreement (TIFA) Joint Council Meeting.

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