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Expansion of Business Ties |
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Lanka,Netherlands discuss expansion of economic ties The exceptional opportunities now available for trade and investment in Sri Lanka, consequent to the eradication of terrorism after two decades, should administer a powerful impetus for co-operation between Sri Lanka and the Netherlands in the economic sphere, Export Development and International Trade Minister Professor G.L. Peiris said. He made this observation at a meeting with the Dutch Economic Affairs Minister Maria van dar Hoeven. Minister Peiris pointed out that several programs of the Dutch Government, in terms of which Dutch companies and institutions involved in development projects are eligible to receive subsidies or grants under business incentive instruments, could now be extended to Sri Lanka, with mutual advantage to both countries. |
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Last Updated on Tuesday, 10 November 2009 11:09 |
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US Business Interest |
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Sri Lanka draws American big business after war Oct 05, 2009 (LBO) - An American business delegation with executives from top multinationals, including Fortune 500 firms, will visit Sri Lanka this month looking for investments with the end of the ethnic war. "This is perhaps the first large US Government business initiative since the end of the internal conflict in Sri Lanka," the American Chambers of Commerce (AmCham) in Colombo said in a statement. "As the economic and political environment becomes more conducive for foreign investment and growth, American companies have shown renewed interest in examining the emerging investment and business opportunities in Sri Lanka." Many of the American firms joining the delegation are. Fortune 500 companies such as Coca-Cola, Caterpillar, GE, DuPont, 3M, UPS and Kimberly-Clark. Other companies include Parsons Brinckerhoff, Sikorsky Aircrafts Corporation, Fiserv, Rockwell Automation, Western Union and Rashed Kanchan Corporation. |
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Last Updated on Thursday, 29 October 2009 15:49 |
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Business Council Meeting |
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Sri Lanka- Netherlands Trade on the Rise The Netherlands-Sri Lanka Business Council met recently to discuss ways to strengthen trade and economic ties between the two countries. The volume of trade has increased from $199 million in 2006 to $226 million in 2007, with the balance of trade in favour of Sri Lanka, with more Sri Lankan exports going to the Netherlands. The annual meeting of the Council took place at the ‘Gallery Art Korner” in The Hague where an exhibition of paintings of contemporary Sri Lanka artists is being held. Speaking on the occasion, Mr. Bernard Menken, Managing Director of Menken Maritiem who is also the President of the Netherlands-Sri Lanka Business Council stated that the Council which was founded in 2000 and revived today could be a platform for Dutch and Sri Lankan companies who want to work with companies in each other’s countries. They can exchange experience and be informed about possibilities to improve or start their businesses. |
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Last Updated on Monday, 10 May 2010 08:17 |
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Lavasoft Moves to Sri Lanka |
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Lavasoft chooses Sri Lanka to outsource software services
LavaSoft, one of the world’s leading anti-spyware organisations, has selected Sri Lanka as the destination to outsource its software development. LavaSoft was looking out for the ideal location in a South Asian region country with high skills and an ethical workforce that was able to deliver high quality software services. |
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Last Updated on Thursday, 29 October 2009 15:49 |
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External News Items