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Sep 18, 2014 3:46:22 PM - www.ft.lk
Evolvement of Lean Six Sigma Lean thinking evolved from 1910 in the Manufacturing sector and Six Sigma made its name in the 1980s within Motorola. In the Manufacturing sector, Lean led to a number of operational improvement techniques such as 5S, Kaizen, Total Productive Maintenance (TPM), Just In Time, (JIT), Kanban and Gemba. Whilst the ...
Sep 18, 2014 3:42:01 PM - www.ft.lk
Text and pix by P.D. De Silva Tourists, hoteliers and residents claim that incidents of mugging, peddling of narcotics and touting are seeing a sharp increase along Unawatuna Beach. Most of these incidents are not officially unreported but are instead shared informally by victims. The claims pose a risk to tourism in the area, which is ...
Sep 18, 2014 3:37:16 PM - www.ft.lk
Singapore Airlines has announced that passengers purchasing tickets on Singapore Airlines & SilkAir now have the privilege of enjoying the S$20 (equivalent of around Rs. 2,050) Changi Dollar Voucher when transiting within 24 hours in Singapore. This voucher will be valid for one-time use at all retail, food and service outlets located at the transit ...
Sep 18, 2014 3:36:38 PM - www.ft.lk
Oman Air is celebrating unprecedented success across a range of international awards and magazine ‘best of…’ lists over the course of 2014. The acclaim has recognised the high quality of Oman Air’s work in every area of its operations and provides a perfect foundation for the next phase of the airline’s ambitious expansion program, which ...
Sep 18, 2014 3:36:09 PM - www.ft.lk
Jumeirah has revealed plans to launch a new hotel brand ‘Venu’ and has appointed Matt Balcik as Vice President Operations, Brand Development. Matt is charged with leading preparations for the roll-out of Venu internationally. A Turkish/American national, Matt Balcik has 18 years’ experience in the hospitality industry, having worked in Turkey, Washington DC, Sydney, Aruba, ...
Sep 18, 2014 3:32:04 PM - www.ft.lk
The top three students at the 2013 Advanced Level Examination who recently kicked off their professional journey to be chartered accountants at the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) have endorsed the institute’s newly launched curriculum which they termed as a ‘versatile and well-structured program’ which will give professionals the required ...
Sep 18, 2014 3:31:18 PM - www.ft.lk
Two winners were awarded Rs. 500,000 each towards their higher education at the British Council IELTS University Scholarship award ceremony. The event took place at the British Council library in Colombo on Monday 25 August. Keith Davis speaking at the award ceremony commented on the role of IELTS in creating international opportunities for Sri Lankan ...
Sep 18, 2014 3:29:03 PM - www.ft.lk
Sep 18, 2014 3:28:40 PM - www.ft.lk
Two CFPS law students have excelled at their respective national and international examinations. Uditha Devapriya, a CFPS Law School student was awarded an achievement award and scholarship by the University of London in recognition of his outstanding performance. This award is given to students with the highest aggregate mark in their first year of study ...
Sep 18, 2014 3:28:07 PM - www.ft.lk
A child’s higher education is always at the top of any parent’s mind. In the recent past, this topic has received even more prominence than before in public discourse. One of the reasons for this could be the opening up of the higher education sector in Sri Lanka to private universities and higher education institutes. ...
Sep 18, 2014 3:27:51 PM - www.ft.lk
The relocated premises of Lyceum International School’s Anuradhapura branch was declared opened at No. 128, New Kandy Road, Isusru Pura, Anuradhapura recently. Lyceum International School, Anuradhapura was declared opened in 2013. Coordinating Principal of Lyceum International School, Kumari Grero stated that she is absolutely committed to providing top-quality education to the children of the reg...
Sep 18, 2014 3:27:01 PM - www.ft.lk
Sri Lanka has truly gotten into a new wave of development with a promising economic outlook, to move rapidly towards a higher income economy over the next decade, Treasury Secretary Dr. P. B. Jayasundera declared while addressing the 19th Annual Tax Oration, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) ...
Sep 18, 2014 3:26:04 PM - www.ft.lk
The Association of Consulting Engineers Sri Lanka (ACESL) is to conduct two two-day FIDIC contracts workshops from 22 to 25 September at the Water’s Edge Hotel in Battaramulla, The first workshop will be on ‘the Practical Use of FIDIC Conditions of Contracts’ and provide essential contractual knowledge about working on today’s international projects while the ...
Sep 18, 2014 3:25:17 PM - www.ft.lk
Bank of Ceylon has won multiple accolades at the National Productivity Awards held recently. The BOC Bambalapitiya Branch was selected as one of the best in the service sector-small organisations category. Respectively BOC Hingurakgoda, Kandy 2nd City, and Gampola Super Grade Branches won shared third place. Further BOC Rambukkana, BOC Kadawatha earned special commendation and ...
Sep 18, 2014 3:24:49 PM - www.ft.lk
Opens two new dedicated branches in Maharagama and Maradana Further strengthening its island wide footprint, Lanka ORIX Finance PLC (LOFC) recently expanded its branch network in the greater Colombo area when it opened two new branches at No. 217, High Level Road, Maharagama and No. 615, Maradana Road, Colombo 10. The new branches are fully ...
Sep 18, 2014 3:23:59 PM - www.ft.lk
By Wealth Trust Securities The bullish sentiment in secondary bond markets continued for a fourth consecutive day yesterday as yields were seen dipping across the yield curve. Activity was witnessed from three year durations of 2017s to 15-year durations of 2029s with its yields dipping to lows of 6.60% on the 2017s, 6.92% on the ...
Sep 18, 2014 3:21:59 PM - www.ft.lk
By Shabiya Ali Ahlam A top Minister yesterday called for increased efforts in biotechnology in Sri Lanka to achieve and retain a higher economic status. Senior Minister Scientific Affairs Prof. Tissa Vitarana addressing the first National Conference on Biotechnology noted that with the global requirement for hi-tech products continuing to increase, it is imperative for ...
Sep 18, 2014 3:21:00 PM - www.ft.lk
Harsha Purasinghe, CEO and Founder of Microimage has been selected as a 2014 Eisenhower Fellow, a prestigious award given annually by the Eisenhower Foundation. Harsha, who was selected from a pool of international applicants, will travel to the US later this month to participate in the 2014 Eisenhower Innovation Program. On fellowship, Harsha will explore ...
Sep 18, 2014 3:20:31 PM - www.ft.lk
Abans Engineering Ltd., a member of the Abans Group, signed a partnership agreement with Hyundai Elevator Ltd. for the technologically advanced Hyundai high speed elevators and escalators, on Thursday 18 September at the Cinnamon Grand Hotel. Abans Group Chairperson Aban Pestonjee signed on behalf of Abans Engineering while Hyundai Group Senior Executive Advisor Bob Jang ...
Sep 18, 2014 3:20:06 PM - www.ft.lk
Harsha Amarasekera PC has been appointed to the Board of Royal Ceramics Plc as a Non Executive Director. Harsha already serves the Boards of Royal Ceramics-related parties Vallibel One Plc and Amaya Leisure Plc as an independent Non Executive Director. A leading lawyer, Harsha is also the Chairman of CIC Holdings Plc and serves on ...
Sep 18, 2014 3:19:38 PM - www.ft.lk
Retired senior banker Ravi Dias has been appointed to the Board of Tokyo Cement Company (Lanka) Plc as an Independent Non Executive Director with effect from 17 September 2014. Ravi Dias served Commercial Bank for four decades and retired recently. He also serves on the Boards of Carson Cumberbatch Plc, Senkadagala Finance Plc among others. ...
Sep 18, 2014 3:18:50 PM - www.ft.lk
Two-day South Asian seminar organised by United Nations Commission on International Trade Law Regional Centre for Asia and the Pacific (UNCITRAL-RCAP, ICT Agency of Sri Lanka and Central Bank kicks off By Kiyoshi J. Berman The United Nations Commission on International Trade Law Regional Centre for Asia and the Pacific (UNCITRAL-RCAP) began its two-day South ...
Sep 18, 2014 3:15:26 PM - www.ft.lk
The Organisation of Professional Associations (OPA) will hold its annual conference on the theme ‘Role of Agriculture in Food Sovereignty and Poverty Eradication’ on 23 and 24 September at the Grand Ballroom of the Galadari Hotel in Colombo. OPA President V. Ganesh said that the theme was appropriate, coming at a time when parts of ...
Sep 18, 2014 3:14:32 PM - www.ft.lk
Efforts by Access Engineering PLC to rehabilitate the Labugama and Kalatuwawa water treatment plants – two water supply schemes that account for 15-18% of the water requirement of Colombo and the suburbs – are progressing swiftly. The Labuagama and Kalatuwawa treatment plants were constructed by the British in 1886 and 1957 in close proximity to ...
Sep 18, 2014 3:13:44 PM - www.ft.lk
The star.com: Parkson Retail Asia Ltd. (PRA), the Singapore-listed department store subsidiary of Parkson Holdings, has received a mandatory takeover offer from the Softlogic Group to acquire 129.15 million shares, or 47.56%, in fashion retailer Odel Plc, for about RM6 9.74million. In a filing with Bursa Malaysia, Parkson Holdings said the joint-offeror – Softlogic Holdings ...
Sep 18, 2014 3:13:30 PM - www.ft.lk
A seminar on petroleum and natural gas discovered in the Mannar Basin, under the topic ‘Oil Exploration in Sri Lanka’ will be held on Wednesday, 1 October from 3 to 4:30 p.m. at the National Chamber Auditorium, No. 450, D.R. Wijewardene Mw, Colombo 10. In this seminar, the National Chamber has invited the Petroleum Resource ...
Sep 18, 2014 3:13:09 PM - www.ft.lk
(PTI) BEIJING: Defending China’s big ticket investments in Sri Lanka announced during the just concluded visit of President Xi Jinping, Chinese media has said as a major power, the country has every reason to employ a strategy to expand its influence in the Indian Ocean region. “That is why these projects are also described as ...
Sep 18, 2014 2:57:58 PM - www.ft.lk
President Mahinda Rajapaksa, yesterday at Temple Trees, handed over one million surgical gloves to the World Health Organisation as Sri Lanka’s contribution toward the global effort in combating the Ebola outbreak in Africa. The President is seen here handing over the contribution to WHO Country Representative in Sri Lanka Dr. Firdosi Mehta. The Hayleys Group of ...
Sep 18, 2014 2:56:46 PM - www.ft.lk
NEW DELHI (Reuters): A standoff between Indian and Chinese soldiers overshadowed a visit to New Delhi by Chinese President Xi Jinping on Thursday, with a $20 billion investment pledge eclipsed by robust comments from India’s new Prime Minister Narendra Modi about the dispute. Modi and Xi emerged from a long meeting to address reporters soon ...
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