Hanjin Shipping improves reliability
Hanjin Shipping has been committed to provide you with competitive services in the challenging global economic and market conditions of 2011.
According to ‘Schedule Reliability Insight 4Q11’ issued by Drewry Maritime Research, average reliability of Hanjin Shipping in all trades ranked fifth among the top 20 carriers in the third quarter.
McLarens Containers plans strategic investment drive
McLarens Containers, one of the pioneers in the inland container depot industry, has been in operation since 1980 at its extensive proprietary facility at Welisara. Today, it remains one of the premier container terminal operators in Sri Lanka with a capacity of over 3,500 TEUS.
Global commerce quiz for Governor’s Challenge Trophy
Reserve Bank of India, State Bank of Pakistan and Maldives Monetary Authority to participate
The first ever Governor’s Challenge Trophy- global commerce quiz will be held on 13 December in Colombo. The quiz has taken an international dimension with three major regional central banks participating along with the Sri Lankan corporate, banking and other sectors for the prestigious CBSL trophy.
Etisalat plans three more Android Forums after success in the first
Etisalat has announced plans for three more Android forums, following the success of the first earlier this month.
The event saw almost 2,000 people vie for entrance passes and the attendance of 1000 guests. Following the enthusiasm that the first forum garnered, Etisalat has planned another three, this time on diversified topics which will focus on specific audiences and their needs.
MISC to exit liner business
KUALA LUMPUR (Reuters): Malaysian shipping company MISC Bhd said last week that it will leave the liner business owing to changes in “operating dynamics”.
Union Assurance reports steady growth up to 3Q
Union Assurance PLC (UA), a leading player in the Sri Lankan insurance sector, maintained a steady growth momentum in both turnover and profits for the nine months ended 30 September 2011.
UA reported a growth rate of 28% in combined gross written premiums and 26% growth in profit after tax compared to the same period of the previous year.
TISL says blocking news websites a setback to global progressive citizenship
Transparency International Sri Lanka (TISL) last week in a statement said it was deeply concerned over the recent attempts by State authorities to arbitrarily block identified websites and the proposed compulsory registration of websites that publish content on Sri Lanka.
On 5 November 2011, the Director General of the Department of Information required all websites carrying any content relating to Sri Lanka or the people of Sri Lanka to be registered. On the same day, the Telecom Regulatory Commission (TRC) took steps to block certain websites, namely, www.lankaenewsweb.com, www.srilankaguardian.org and www.lankawaynews.com.
NTB takes 365 day banking to Nuwara Eliya
Nations Trust Bank has opened its 47th Branch in Nuwara Eliya, their second Branch in the highlands of Sri Lanka with the first being in Bandarawela.
The new branch is based on their proprietary design concept offering the ultimate in banking standards. Located at 86, Kandy Road, the branch will offer the people of Nuwara Eliya the opportunity to experience 365 day banking, extended banking hours, etc. and hence greater convenience in all matters relating to banking.
Sri Lanka Tourism opens a public page on Chinese Facebook
Sri Lanka Tourism opened a public page on Chinese Facebook, www.renren.com, with the ambition of promoting its product among the Chinese nationals.
This step has been taken at a time when tourist arrivals in the island have nearly exceeded targets.
Exports to EU countries grow by 25.5%
Sri Lanka’s Ambassador to Belgium, Luxembourg and the EU Ravinatha Aryasinha has said, latest statistics from the Central Bank of Sri Lanka reveal that Sri Lanka’s exports to the EU grew by 25.5% in the first nine months of 2011 (2635 million $), compared to the corresponding period of 2010 (2100 million $).
Meanwhile, with respect to Belgium, which is the fourth largest destination among EU countries and the sixth largest destination of Sri Lanka’s exports to the world, exports grew by 41.4 % in the first nine months of 2011 (382.53 million $), compared to the corresponding period of 2010 ( 270.6 million $).
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