'Development programs will be accelerated - President
Asia’s largest digitally synchronised forum for
professionals titled ‘Momentum’ was held simultaneously at four
locations in Colombo last week. Billed as the first digitally
synchronised forum in Sri Lanka, the event underscored the
importance of stability to Sri Lanka’s business and economic
landscape.
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Private equity fund to finance SMEs
NDB Capital Holdings PLC and Zephyr Management
launched the Emerald Sri Lanka Fund, a US $ 50 million private
equity fund to finance small and medium enterprises (SMEs) in the
country. The fund will create a vibrant and sustainable SME sector
and is an integral part of overall funding in Sri Lanka. It will
give tremendous opportunities for SMEs to obtain funding.
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Workshop to upgrade industrial chemical expertise
Sri Lanka, launched its first-ever technical
sessions on industrial chemicals last week and a top team from the
Hague's Organisation for the Prohibition of Chemical Weapons (OPCW),
was here to upgrade Sri Lanka's industrial chemical expertise to the
next level.
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Central Bank provides Rs 6 b to TFC
The Central Bank provided Rs. 6 billion to The
Finance Company PLC (TFC)to restructure the company. TFC, being the
first finance company to se set up in Sri Lanka, has cultivated a
reputation of being a pioneer in not only the finance industry but
in many other aspects.
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Chinese biz delegation to meet Lankan counterparts
A 132-member business delegation representing 59
companies from the Sichuan Province of China is in Colombo seeking
trade and investment opportunities. The B-to-B meeting with the Sri
Lankan counterparts is due to be held today at the Galadari Hotel.
The event has been organised by Sri Lanka-China Trade and Investment
Promotion Chamber (SLCTIPC).
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'The new year, a challenge for business’
With the year coming to a close and a few more
days for the new year, the business community expressed mixed
sentiments about the past year and the year ahead. Some corporate
and Chamber heads were pleased with the growth in business given the
political stability and business environment.
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