January 15, 2016 Reading Time: < 1 minute
Access to export-related research to be enhanced through newly signed MoU. Image Credit - www.news.lk
Reading Time: < 1 min read
A Daily Brief will not be published for Friday, 15th January, due to the local public holiday.
Access to research to be enhanced for exporters
The Export Development Bank (EDB) and the Sri Lanka Institute for Nanotechnology (SLINTEC) signed a Memorandum of Understanding (MoU), to improve research and development access to Sri Lanka’s exporters.
The EDB has allocated space at its headquarters for SLINTEC to set up a satellite office.
High-ranking U.K. official emphasises importance of reconciliation
Visiting U.K. Minister of State for Foreign Affairs, Hugo Swire, observed that reconciliation is vital for Sri Lanka’s economic development.
He announced that the U.K. government has accordingly agreed to provide 6.6 million pounds to support peace and reconciliation efforts in Sri Lanka.
Two global multinationals express interest in Sri Lanka
Top multinationals, Danish Maersk Line and Novo Nordisk, have expressed interest in investing in Sri Lanka.
The Danish Ambassador to Sri Lanka, based in New Delhi, revealed this interest during a meeting with the Minister of Industry and Commerce, Rishad Bathiyutheen.
Jakarta attacks claim seven lives
A series of explosions and gun attacks in the Indonesian capital, Jakarta, claimed seven lives.
The Islamic State has claimed responsibility for the attacks.
OPEC oil basket price falls to $25 a barrel
The average price for a basket of crudes from OPEC producers fell to $25 a barrel today.
The fall in prices came before the expected inflow of oil supplies from Iran.
Poll suggests declining momentum for global economic growth
According to a Reuters poll reflecting the voices of global economists, economic growth and inflation are losing momentum.
The concern of slowed growth applied to developing and developed countries alike.
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