Sunday Observer Online


Sunday, 14 August 2016


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Marriage Proposals
Government Gazette

Low awareness of trade policy intricacies

Biz leaders urged to suggest ‘offensive interests’:
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 Commerce.


Port City project to create 83,000 jobs

Tripartite agreement:

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.


Ultra modern technology hub in Trace City

LSE Group to create 400 highly skilled technologists:

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 wins five Export Awards

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.


Trade pacts with Asian countries in pipeline

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.


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