Business and Economics
SIST breaks barriers to offer higher education opportunities under 1 million LKR in Sri Lanka

Spectrum Institute of Science & Technology (SIST), with the largest undergraduate facility in the heart of Colombo opened up opportunities for students to enroll into globally recognized undergraduate programs offered directly by the university not through any diploma pathway.

Students will receive their prized degree from the prestigious Lincoln University College, Malaysia. SIST will thus bring in novel opportunities for students to complete all four years of the degree in Sri Lanka in the areas of Life Sciences, Engineering, Business and Entrepreneurship, IT and Cyber Security paying under 1 million LKR.

Over the past 19 years, SIST has developed to provide quality education with global recognition to the budding youth of Sri Lanka and South Asia. Students receive a globally recognized degree qualification that will enable them to embark on their careers in both local and international industries.


Emirates ready to serve travellers as Dubai opens for tourists

Emirates welcomes the latest air travel protocols that will facilitate international travel for UAE citizens, residents and tourists, and open Dubai to business and leisure visitors from 7 July, while putting in place careful measures to ensure the health and safety of travellers and communities.

These protocols for travel into and out of Dubai airports were announced under the directives of the Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum and the follow-up of Crown Prince of Dubai and Chairman of The Executive Council, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, and the Supreme Committee of Crisis and Disaster Management headed by Sheikh Mansour bin Mohammed bin Rashid Al Maktoum.

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SLCMDI HOSTS CEO FORUM 2020

The Sri Lanka Chamber of Medical Devices Industry hosted the second edition of its annual CEO forum last week. The forum was hosted on the Microsoft Teams platform due to the current restrictions on gatherings and attracted members of the medical devices companies in the island. CEOs, Directors and General Managers of member and non-member companies participated in the event.

The programme featured an update on the activities the chamber is currently involved in, followed by a Q&A session. President of the SLCMDI, Eran Ranasinghe detailed the members on their work with the Ministry of Health, Ministry of Finance, National Medicines Regulatory Authority and the State Pharmaceuticals Corporation.

Here, it was noted that the SLCMDI has sought relief measures from the government, to overcome the financial burden on the importers. Although a moratorium has been granted for businesses, many members of the chamber could not avail this measure due to a turnover cap.

The chamber activities with the National Medicines Regulatory Authority were discussed at length. The SLCMDI meets periodically with the NMRA to resolve issues faced by their member companies. With the change in working conditions, members of the industry were mainly concerned about meeting submission deadlines and timely renewal of licenses.

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