PROFOUND SADNESS
With the passing away of Hon Alavi Maulana, a great Sri Lankan trade union leader of Sri Lanka, the end of an era is witnessed. Former Governor of the Western Province, Former Minister and Trade Union leader Alavi Maulanaย was one of the icons who served the Sri Lankan worker’smore
Sudan opens oil exploration doors to Colombo
In an unprecedented development in Sri Lankaโs bilateral trade history, Africaโs third largest oil producer opened its prized petroleum exploration doors wide to Sri Lanka on 14 June-and this offer, if accepted, shall turn Sri Lankaโs national energy picture on its head. โIf Sri Lanka wants to create its ownmore
Work on first SL Innovation Index begins
Work on Sri Lankaโs long awaited national Innovation Index which is set to measure the Lankan innovation portfolio, began in Colombo on 14 June-and the top UN agency tasked with world Intellectual Property (IP) development says many new IP projects have been earmarked for Colombo in future. โIn view ofmore
Criticizing Ravi K on VAT is baseless
โCriticizing Ravi K on VAT is baselessโ-Rishad Rishad lines up for Ravi K Throws his ACMCโs weight behind Ravi K โVAT share falling in factโ-Rishad Praises Raviโs success on $1.5B IMF facility Calls opposition to dodge narrow politics, join reforms Sri Lankaโs Minister of Industry and Commerce Rishad Bathiudeen camemore
Saudi declares Monday first day of Ramadan
Al Arabiya English Sunday, 5 June 2016 Saudi Arabiaโs Supreme Court has announced that Monday June 6 is the first day of Ramadan after confirming seeing the moon crescent, Al Arabiya News Channel reported. The UAE, Jordan and the Palestinian territories have also confirmed seeing the Ramadan moon crescentmore
Korea’s Hyundai enters KKS Cement race
In a new breakthrough in the ongoing revival saga of historic Kankesanthurai (KKS) cement project, a South Korean conglomerate of global scale said it is vying to clinch the mega Northern project on 24 May. Interestingly, the Korean conglomerate is to enlist yet another gigantic Korean multinational for the requiredmore
JUST DRY RATIONS WON’T DO!
Rishad calls Rs 100,000 cash grant for each affected family โJust dry rations alone wonโt doโ-Rishad Has been visiting many camps in past few days Meets more than 2000 families, inquires on location status Enlists his CAAโs support for relief Donates monthly salary for flood efforts Not entirely satisfied withmore
IN TURKEY: “SRI LANKA PULSE IMPORTS GROWING FAST!”
As Sri Lankanโs hunger for pulses and lentils continues to grow, the country now annually imports pulses exceeding $70 Mn and even at 100Mn-and the bulk of it being the well-known staple โred lentilsโ, revealed Sri Lankaโs Industry and Commerce Minister on 20 May.more
CHINA MINERAL ENTRY
Boosting Sri Lankan mineral sector outlook, a global industry conglomerate from China mainland announced on May 12 that it is ready to take a lead role in Sri Lankaโs strategic minerals. โWe are looking for outright purchase of any mineral sands and graphite production of Sri Lankaโ said a determinedmore
Meeting flood victims
Rishad meets flood victims Minister of Industry and Commerce Rishad Bathiudeen visited Colomboโs flood affected zones in Wellampitiya and Kolonnawa on 21, 22 and 23 May. Minister Bathiudeen was joined by Minister of Environment & Renewable Energy Susil Premajayantha, Western PC MPs, Navy personnel, and Divisional secretariat officials. Minister Bathiudeenmore