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.
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.
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.
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,
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.
'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.