Business and Economics

I am penning down my words in particular to those employers who are recruiting new employees (Generation Z, and Millennials ) and keen on investing in training and developing their employees besides further developing their businesses to keep abreast with the standards of the industries and ever changing global trends. Training is a noble Profession.

Successful employee training and development yields a variety of benefits including, a more competitive work force, better employee performance, and increased staff engagement, and retention to name a few.

Training costs were previously considered as exorbitant costs and liabilities to the companies.

Even most of the small and medium scale companies still feel training is not that important to their businesses. Further they are not keen to recruit employees or expand their businesses.

First consignment of Ladakh Apricot exported to Dubai

In a move that could boost agricultural and food products exports from Ladakh, the first commercial shipment of Apricot sourced from the Union Territory (UT) has been exported to Dubai.

The consignment of Apricot was transhipped from Leh, Ladakh to Mumbai prior to being exported to Dubai

Agricultural and Processed Food Products Export Development Authority (APEDA) has been working to establish an export value chain for Ladakh Apricot in association with an importer group based in Dubai. The shipment was exported by APEDA registered exporter from Mumbai, the Ministry of Commerce and Industry said in a press release.

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ACCA and NCCSL Signs MoU

The Association of Chartered Certified Accountants (ACCA) and The National Chamber of Commerce of Sri Lanka (NCCSL) announced the collaboration and signing of a Memorandum of Understanding (MoU) to equip local businesses and entrepreneurs in all regions of the country with the requisite financial skills to run their businesses as well as pave the way for students across Sri Lanka to gain opportunities for global careers in finance.

ACCA having been established as an all-embracing representative for accounting professionals from different social backgrounds, has NCCSL sharing similar core values in continuously encouraging inclusivity, diversity and social integration across businesses.

The MOU was officially signed between Ms. Nilusha Ranasinghe, Head of South Asia Cluster, ACCA and Mr.Deepal Nelson, Senior Deputy Vice President of The National Chamber of Commerce, with Mr. Nandika Buddhipala President of The National Chamber of Commerce and  Chairman of the Member Network Panel of ACCA Sri Lanka, in attendance.

Through this MOU, ACCA and NCCSL will primarily promote their mutual co-operation for the advancement of the accountancy professions in the country by working together in a variety of areas. These include providing access to ACCA professional development and learning resources by engaging in learning and development initiatives such as competencies and skill building though joint partnership programs that support the training and development of students across all regions of the country to give them the access to study for a global accountancy qualification. Both parties will collectively work on preparing students for successful careers in accountancy and finance, as well as enhance their employability through capacity building initiatives.

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