Minister of Transportation and Civil Aviation Nimal Siripala De Silva assured that the country’s transportation sector will undergo major changes in the coming months in keeping with the developments in digital technology that is transforming and revolutionizing global transportation.
The stage is set to establish data science as the third pillar within Sri Lanka’s ICT exports with the launch of the Training Program in Fundamentals of Data Science offered by the Center for Data Science, Department of Statistics, University of Colombo.
The German business community in Sri Lanka is upbeat on Sri Lankan economy and more investments are being made by them, Chief Delegate of German Industry and Commerce in Sri Lanka, Andreas Hergenroether said.Speaking during the re launch of the 5th edition of the “Top German Brands in Sri Lanka” he said that as the logistic hub in South Asia and future trade hub, Sri Lanka will offer in the near future more business opportunities than ever.
The Board of Investment of Sri Lanka (BOI) hosted a delegation of 25 members from the Singapore Business Federation and Law Society of Singapore.The delegation consisted of entrepreneurs and senior lawyers led by Gregory Wijeyendran, President of the Law Society of Singapore.
India and Sri Lanka signed a Memorandum of Understanding (MoU) today for construction of a 5000-metric ton temperature controlled warehouse in Dambulla, Central Province. Indian grant assistance of SLR 300 million will be utilized for this purpose.
Sri Lanka maintained its rank in the 'high human development category' at 76th place among 189 countries according to the Human Development Index (HDI) that tracks health, education and economic well-being of the nations.The 2018 Human Development Report, released by the United Nations Development Program (UNDP) on the human development improvements last week in New York, puts Sri Lanka in the high human development category.
The Ministry of Industry and Commerce has launched new initiatives to strengthen local SME packaging sector.This initiative will be carried out in two stages and involves 150 SMEs as beneficiaries. Under the first stage around 100 SMEs were trained and equipped in packaging at a cost of Rs 6.2 million. In the planned next stage (2019) another 50 SMEs will be strengthened in packaging at a cost of Rs 4.5 million. In addition, yet another project is also being planned by the Ministry to build skills for SMEs especially for promotions and market access.
SriLankan Airlines has issued an urgent statement that the SriLankan Airlines’ flight UL880 from Colombo to Canton on 16th September will be delayed. This was in regard with the temporary shutdown of the Canton Airport in China due to the approaching Typhoon Mangkhut. Reportedly, the flight will be delayed by 11 hours.
The Embassy of Sri Lanka in Seoul and the Nations Trust Bank jointly conducted a series of five workshops on entrepreneurial education targeting Sri Lankan employees in the Republic of Korea, in Cheonan, Gimhae, Gimpo, Ulsan and Ansan regions from 11 to 19 August 2018.
The workshops comprised a specialized programme on entrepreneurial education launched by the Embassy in conjunction with its customary Diriya Maga Awareness Raising and Counseling Programme, to enhance knowledge of financial management and entrepreneurship among returning Sri Lankan employees in order to facilitate their smooth re-integration into the productive labour force of home country.
The Minister of Youth Affairs, Project Management and Southern Development and Chief of Staff of the Prime Minister Sagala Ratnayaka visited the Republic of Korea from 02-08 September 2018 on the invitation of the Korea Foundation (KF) under its ‘Distinguished guests in political affairs programme’. During the visit, Minister Ratnayaka also met with senior interlocutors of the Korean Government to discuss issues of mutual interest, including cooperation in the field of youth affairs.