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Sunday, 11 September 2016

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New tugs: Two new tugs - Rawana and Pandukabhaya are being built in China to service merchant ships

SL Ports Authority buys, hires tugs

Tenders being evaluated to charter two tugs:

The Sri Lanka Ports Authority (SLPA), which has an aging fleet of tugs, is getting two new tugs built in China to service the merchant ships calling at its ports and is evaluating a tender to charter two tugs until the new boats are delivered. The two, 65-tonne Bollard Pull tugs being built in China were launched recently and will be delivered in February 2017 and then the SLPA fleet will be complete,

 

CB tightens controls on finance companies

The Central Bank (CB) has observed certain erroneous news items published in a few newspapers raising concerns over financial problems confronted by a few licensed finance companies. The Central Bank wishes to clarify facts behind the inaccuracy of such news in the public interest, the CB said in a statement.

 

Nine companies join CASL as training partners

Nine leading companies came on-board recently as Training Partners of the Institute of Chartered Accountants of Sri Lanka (CASL) representing diverse sectors and boosting the training partner portfolio of the institute which currently comprises over 700 organisations from the public and private sectors.

 

Lankan business delegation in China

A delegation comprising 25 Lankan exporters, biz representatives and officials is now in China to showcase products and investment opportunities during a major trade event in Guangxi, China over the next few days. “We believe that Sri Lanka can showcase its products to China in a big way at the 13th CAEXPO.

 

Digital transactions: Immense potential for growth

Less than 10 percent of the population use e-card for payments in Sri Lanka which indicates there is immense potential for growth in digital transactions, said Country Manager, Sri Lanka and the Maldives, Visa Worldwide Pte. Limited, Anthony Watson at a panel discussion,

 

GE Transportation acquires software provider

GE Transportation, an international producer of rail and transportation-related products and offerings, announced its acquisition of ShipXpress, a provider of cloud-based software solutions that enable transportation, industrial, and commodities businesses to efficiently operate with supply chain partners.

 

Discussion on Megapolis investment opportunities

Guardian Acuity Asset Management (GAAM), a Unit Trust management firm licensed by the Securities and Exchange Commission of Sri Lanka, will conduct a breakfast meeting and panel discussion on ‘Investment Opportunities in the Proposed Megapolis Development Plan’ on Wednesday,

Govt to eliminate regulatory duplication - FinMin

The government is taking steps to identify and help eliminate regulatory duplication, lessen compliance burdens and make it easier for businesses to interact with the government, thus alleviating unnecessary pressure on businesses, Finance Minister Ravi Karunanayake told members of the Chamber of Young Lankan Entrepreneurs (COYLE) at a seminar last week.


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