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Fishery, 95% EU compliant


A top Lankan delegation on the EU Fishery ban is scheduled to leave for Brussels on 30 March revealed the Seafood Exporters Association of Sri Lanka (SEASL) Chairman and Managing Director of Global Sea Foods, Prabhash Subasinghe recently (Thursday)." This meeting is almost expected to be the final, and a decisive meeting with the EU on the fishery ban issue and its outcome will determine our fishery export outlook to Europe in the future. We believe the outcome shall be favourable for Sr...

By JOE McDONALD BEIJING (Saturday) China's top planner tried to reassure foreign companies they are welcome in its slowing, state-dominated economy in a speech Sunday aimed at dispelling growing anxiety Beijing is squeezing them out of promising industries. Speaking to an audience that included executives of top global companies at a government-organized conference, Cabinet's National Reform and Development Commission Chairman Xu Shaoshi pledged to "promote two-way opening up and libera...

Ceylon Finance Today: If vegetable prices have fallen sharply due to the prevailing good weather, the same however is not true as far as fish prices are concerned, which have risen sharply from a year ago, thereby possibly delivering a kidney punch in the battle against malnourishment, i.e. if such a battle does exit. In a sample captured by the Central Bank of Sri Lanka (CBSL), it showed that retail fish prices at the Peliyagoda Fisheries Trade Centre (PFTC) in the year ended Wednesday ...

Friday: A shortened trading week because of Easter coupled with little US economic data means the gold market will be led by outside markets, according to some analysts. The yellow metal is closing what was a volatile week in positive to neutral territory.After falling to a two-week low at the start of the week, gold received a major boost after the Federal Reserve monetary policy meeting Wednesday. The Central Bank left interest rates unchanged and signalled that it plans to raise rates...

Friday: Wayamba University is the only campus in the country to offer a degree in Insurance and Valuation.AIA Insurance partnered with the University to recognize the best amongst the best in insurance studies, seven years ago. Since then, AIA has been presenting a scholarship yearly to a student at the Insurance and Valuation Department with the most outstanding academic performance. This year's winner of the AIA Scholarship for Excellence in Insurance Studies is a final year student, ...

Friday: wOw.lk, Sri Lanka's largest online shopping mall, and a Dialog Axiata PLC subsidiary, has partnered with Google to introduce another 'first' for the ecommerce industry. Modelled on the online shopping festivals such as the Great Online Shopping Festival (GOSF) in India and Singapore, a new online shopping site will be launched under the patronage of Google and will offer a host of great offers on households and consumer brands for the Avurudu season.Similar ventures conducted in ...

Friday: Fitch Ratings has assigned Singer Finance (Lanka) PLC's (SFL;BBB(lka)/Stable) proposed senior secured redeemable debentures of up to LKR1.5Bn a final NationalLong-Term Rating of 'BBB(lka)'. The assignment of the final rating follows the receipt of documents conforming to information already received, and the final rating is the same as the expected rating assigned on 15 February 2016. The issue will have two tranches that have bullet principal repayments in the third and fourth ...

By Paneetha Ameresekere Ceylon Finance Today:The government securities market (GSM), namely the Treasury (T) Bond and T-Bill market, in the week ended Wednesday (16 March), saw a massive net foreign inflow of Rs 9,587.16 million; thereby bringing down foreign holdings in such securities to Rs 237,648.16 million in the week under review; data showed. Such exits are caused due to a combination of global uncertainty led by weak economic performances in the Euro Zone, and also by China and ...

Ceylon Finance Today: It's seemingly customary for the Central Bank of Sri Lanka (CBSL) which raises money (debt) on behalf of the Government of Sri Lanka (GoSL), to keep such tender (auction) notices on display on its website, at least until such time bids for such auctions close and such sales are either finalized or rejected. But in at least one instance, CBSL appears to have had broken this norm, i.e. in the case of the sale of Sri Lanka Development Bonds (SLDBs) to the value of US$ ...

BY Ishara Gamage Ceylon Finance Today: Sri Lanka's largest women's cooperative movement called 'Sri Lanka Women's Development Services Cooperative Society Ltd' (Women's Bank) founded in 1989 said they had exceeded over Rs 5.7 billion worth of assets at the end of last year. "It is well above the government led 'Samurdhi' moment, said the Women's Bank founder and mentor Nandasiri Gamage. In related developments, despite the government's 2016 budget direction, Sri Lanka's Samurdhi Bank wa...

Horizon Campus is one of the six non-State sector institutions which has formed the Sri Lanka Association of Non-State Higher Education Institutions (SLANSHIE). Kiriella was welcomed by the students, particularly those who are currently reading for the UGC approved degree programmes and Horizon Campus' senior management which includes its Chairman Upul Daranagama, CEO Ajitha Wanasinghe and Vice Chancellor Prof. Colin N. Peiris. The minister visited all facilities of the Campus, engaged i...

Pix and story by M. Rishar M. Saleem Ceylon Finance Today: Hayleys is renowned as a corporate, which gives back a considerable amount of their profit to the society and had been recognized as Sri Lanka's best corporate citizen in the years 2004, 2015, 2005, 2006 and 2010, as well as the best company in 2015. Their latest initiative in this regard is the Hayleys Sath Diyawara project.This project was an initiative jointly undertaken by Puritas (Private) Limited and its parent company Ha...

Ceylon FT

A top Lankan delegation on the EU Fishery ban is scheduled to leave for Brussels on 30 March revealed the Seafood Exporters Association of Sri Lanka (SEASL) Chairman
BEIJING (Saturday) China's top planner tried to reassure foreign companies they are welcome in its slowing, state-dominated economy in a speech Sunday aimed at
Ceylon Finance Today: If vegetable prices have fallen sharply due to the prevailing good weather, the same however is not true as far as fish prices are concerned,
Friday: A shortened trading week because of Easter coupled with little US economic data means the gold market will be led by outside markets, according to some
Friday: Wayamba University is the only campus in the country to offer a degree in Insurance and Valuation.
Friday: wOw.lk, Sri Lanka's largest online shopping mall, and a Dialog Axiata PLC subsidiary, has partnered with Google to introduce another 'first' for the ecommerce

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