Biz leaders urged to suggest ‘offensive
PTAs with India, China, Singapore and Japan:
Business leaders concerned about Sri Lanka
opening up the economy should think of ‘offensive interests’ – what
sectors and product lines they want the other country, in a proposed
trade deal, to open up and give preferential access to, according to
Anushka Wijesinha, Chief Economist of the Ceylon Chamber of
CHEC Port City Colombo (Pvt) Ltd., the project
company for the Colombo Port City (CPC), signed a tripartite
agreement with the Ministry of Megapolis and Western Development,
the Urban Development Authority on Friday. This agreement formally
replaces the previous agreement signed on September 16, 2014 between
the Government and the Project Company.
LSE Group to create 400 highly skilled
The London Stock Exchange Group’s Business
Services division (LSEG BSL) in Sri Lanka will soon open its new
headquarters in the Expert City precincts, the former Tripoli
Market. The new Business Services division in Sri Lanka will provide
support to the Group’s operating entities across the globe.
Akbar Brothers Group won five awards at the
Presidential Export Awards Ceremony conducted by the Export
Development Board at the BMICH last week. It was presided over by
President Maithripala Sirisena. The awards were presented to
recognize the outstanding contributions by exporters to the economy
of Sri Lanka in 2014 and 2015.
A series of trade pacts will be negotiated with
many Asian countries, the next global economic power house, to boost
trade, Prime Minister Ranil Wickremesinghe told the inaugural
session of the Sri Lanka Human Capital Summit 2016 in Colombo on
Thursday. He said negotiations on Free Trade agreements with China,
Japan and South Korea are in the pipeline and added that discussions
in this regard will commence soon.