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Apr 22, 2014 2:37:48 PM - www.ft.lk
Reuters: David Moyes’s short and disastrous reign at Old Trafford came to an abrupt end on Tuesday when Manchester United announced he was leaving the club following a hugely disappointing 10-month spell as manager since replacing Alex Ferguson last July. Announcing his departure in a brief statement, shortly after staff arrived for work at the ...
Apr 22, 2014 2:37:02 PM - www.ft.lk
Citibank Sri Lanka recently celebrated the multiple roles played by women, with a unique program at the Cinnamon Grand that re-emphasised women as being true multi-taskers – Pix by Sameera Wijesinghe
Apr 22, 2014 2:36:37 PM - www.ft.lk
The President declared open the Mahindodaya Technical Laboratory of the Girandurukotte Central College recently. The Girandurukotte Central College has been provided with a Technical Laboratory under the program of developing 1,000 Mahindodaya schools to impart equal educational opportunities to the children of the area. The Complex is equipped with a Mathematics Laboratory, a Language Laboratory ...
Apr 22, 2014 2:36:07 PM - www.ft.lk
The High Commission of Sri Lanka participated in the inaugural Malaysia International Tea & Coffee Expo 2014 (MITCE 2014) which was held in Kuala Lumpur from 27 to 31 March. The fair was a unique tea and coffee promotional event in Malaysia, co-organised by the Tea Trade Association of Malaysia, Malaysia Muslim Restaurant Owners’ Association ...
Apr 22, 2014 2:36:04 PM - www.ft.lk
The newly elected Western Provincial Council held its first session yesterday. A highlight of the proceedings was two opposition members voted with the Government to elect UPFA member Sunil Wijeratne as Council Chairman. Pix by Nisal Baduge
Apr 22, 2014 2:35:56 PM - www.ft.lk
The Central Bank yesterday kept its policy rates unchanged and expressed confidence that the economy is poised for stronger performance aided by recovery in external sector, relatively low inflation and a pickup in credit growth in the second quarter. The latest stance was following the April monetary policy review on Monday. The bank said year-on-year ...
Apr 22, 2014 2:35:38 PM - www.ft.lk
A 3 under par round of 68 on the recently lengthened Nuwara Eliya Golf Course saw Nattawat Suvajanakorn take the honours on the first day winning the Victoria Cup by a comfortable margin of four strokes over Bangladeshi Md. Sajib Alifor the best gross score in the first round. This was the key highlight of ...
Apr 22, 2014 2:35:16 PM - www.ft.lk
The Sri Lanka Apparel Sourcing Association (SLASA) held its AGM and hosted cocktails celebrating its 21st anniversary at Water’s Edge recently – Pix by Upul Abayasekara
Apr 22, 2014 2:33:37 PM - www.ft.lk
Apr 22, 2014 2:31:30 PM - www.ft.lk
The British Foreign and Commonwealth Office says it is dealing with the case involving a British woman ordered to be deported from Sri Lanka for having a tattoo of the Lord Buddha on her arm, Independent.co.uk reported. The British tourist in Sri Lanka is currently being held in a detention centre ahead of deportation. The ...
Apr 22, 2014 2:31:07 PM - www.ft.lk
A group of Tamil woman soldiers has successfully completed the Nursing Assistant course, conducted by Kilinochchi Army Base Hospital. Accordingly, ten ladies were awarded certificates of the course completion at ceremony, held at the hospital premises recently. The five-month long course for those 10 Tamil woman soldiers focused on training in first aid, medical fundamentals, ...
Apr 22, 2014 2:30:59 PM - www.ft.lk
By Wealth Trust Securities Secondary market bond yields remained steady in thin trade once again ahead of this week’s Treasury bill auction. A limited amount of activity was witnessed on the liquid two 2018 maturities (i.e. 01.04.2018 and 15.08.2018) and the 01.07.2019 maturity within the range of 8.72% to 8.74%, 8.82% to 8.84% and 9.05% ...
Apr 22, 2014 2:30:57 PM - www.ft.lk
Collaborates with University Grants Commission and University of Colombo SLT Human Capital Solutions (SLT HCS), a fully owned subsidiary of Sri Lanka Telecom (SLT) together with the University Grants Commission (UGC), and the University of Colombo (UOC), signed a tri-party Memorandum of Understanding (MoU) recently, to offer modern Degree programs in the field of Technology ...
Apr 22, 2014 2:30:55 PM - www.ft.lk
By Shari Jayawardhana In recent years, Yoga has become popular in the West with even Hollywood stars favouring the Yoga mat over other fitness regimes. In its native South Asia, Yoga is experiencing a reawakening. “Sri Lankans are starting to wake up, they want to start doing yoga,” says Lyndon Mason, a British Yoga instructor ...
Apr 22, 2014 2:30:52 PM - www.ft.lk
The sukuk market operates as a collection of local markets because of lack of integration and the Malaysian market remains the strongest by far, according to a Standard & Poor’s Ratings Services report. Over 40% of worldwide issuance in 2013 was short-term sukuk issued in ringgit by just one issuer–the Central Bank of Malaysia, it ...
Apr 22, 2014 2:30:51 PM - www.ft.lk
Oman Air has triumphed at this year’s TravelPlus Airline Amenity Bag Awards – the fourth year in a row that the national carrier of the Sultanate of Oman has been recognised at this prestigious aviation industry event. The TravelPlus Gold Award for Best First Class Male Amenity Bag was presented to Oman Air at a ...
Apr 22, 2014 2:30:46 PM - www.ft.lk
SriLankan Airlines’ FlySmiLes partners Aitken Spence Hotels and Resorts to offer a wide array of exciting benefits to the airline’s frequent flyers. With the new partnership, FlySmiLes members will now have the opportunity to earn and redeem miles for their stays at any Aitken Spence hotel in Sri Lanka. Accordingly, FlySmiLes members can now earn ...
Apr 22, 2014 2:30:44 PM - www.ft.lk
Adam Investments Ltd. (AINV), a newly-formed investment company which looks at investment, revival and management of a growing number of subsidiary companies as its core business, confirmed that it has received approval to list its shares on the Diri Savi Board. Adam Investments received approval to list 449,993,700 shares on the Diri Savi Board of ...
Apr 22, 2014 2:30:44 PM - www.ft.lk
There is every possibility of increased Korean investments in Sri Lanka, said Korea’s former Minister of Foreign Affairs and Trade Yu Myang-hwan on Monday. The Republic of Korea greatly values its close ties with Sri Lanka, and will work with utmost enthusiasm to further strengthen its contribution to Sri Lanka’s economic development in such fields ...
Apr 22, 2014 2:30:42 PM - www.ft.lk
Style and beauty icon Ramani Fernando launched her much anticipated biography recently, at an event surrounded by family and friends and attended by the country’s biggest names in the fashion and beauty industry. The biography ‘Ramani Fernando’ was formally launched at the Colombo Hilton last week to a gathering of intimate well wishers, doyens of ...
Apr 22, 2014 2:30:42 PM - www.ft.lk
NDB ‘KurunduKavaya’, a micro financing scheme that aims to help sustain livelihoods of cinnamon home growers was extended to the Sabaragamuwa Province; with the distribution of ‘Divi Aruna’ micro-loan facilities to selected cinnamon cultivators and prospective entrants to the industry from rural villages in Ratnapura, Balangoda and Embilipitiya. The micro loan facilities granted at concessionary ....
Apr 22, 2014 2:30:42 PM - www.ft.lk
Company plans Rs. 1 billion debenture issue RAM Ratings Lanka has assigned Dunamis Capital PLC (“Dunamis” or “the Company”) respective long- and short term corporate credit ratings of BBB+ and P2. Concurrently, it has assigned an initial issue rating of BBB to the Company’s proposed Rs. 1 billion Senior, Unsecured, Redeemable Debentures. The long-term rating ...
Apr 22, 2014 2:30:37 PM - www.ft.lk
America with an immigrant population There has been a certain amount of anger among Sri Lankans particularly the Sinhalese community vis-à-vis American policy on human rights. Little is known about the American political process. This article does not therefore seek to discuss human rights but the political process of America. America is a country with ...
Apr 22, 2014 2:30:35 PM - www.ft.lk
Aditya, the exclusive all suite luxury boutique hotel located close to Galle, has put together two inviting packages for couples looking for a romantic getaway. Both packages are valid from May to July 2014 and are catered towards local tourists. The first package is the ‘Double Date’ Package which gives two couples exclusive discounts on ...
Apr 22, 2014 2:30:34 PM - www.ft.lk
The United National Party (UNP) has decided to submit amendments to the three projects scheduled to be brought back to Parliament on 24 and 25 April to legalise casinos. These amendments, as proposed by the UNP Chairman of the Leadership Council Karu Jayasuriya and to be moved by the Chief Opposition Whip John Amaratunga, were ...
Apr 22, 2014 2:30:33 PM - www.ft.lk
The new flagship smartphone and wearables are now available in 125 global markets Samsung Electronics, Sri Lanka’s leading smartphone manufacturer, yesterday announced the commercial launch of the new Galaxy S5 and the Samsung Gear devices – Samsung Gear 2, Samsung Gear 2 Neo, and Samsung Gear Fit. The newly launched devices are ready to be ...
Apr 22, 2014 2:30:31 PM - www.ft.lk
REUTERS: US airlines lag hotels and online travel agencies in customer satisfaction as travellers face increasingly cramped airplanes and poor in-flight service, a poll published on Tuesday showed. The annual American Customer Satisfaction Index found that airlines scored 69 on a 100-point scale, compared with 75 for hotels and 77 for Internet travel agencies. Though ...
Apr 22, 2014 2:30:31 PM - www.ft.lk
The Institute of Certified Management Accountants (CMA) of Sri Lanka the National Professional Management Accounting Institution in Sri Lanka incorporated by parliament Act No. 23 of 2009 signed an MOU with Commercial Bank of Ceylon PLC which is one of the leading commercial banks in Sri Lanka. CMA has over 12,000 students and 2,000 members. ...
Apr 22, 2014 2:30:31 PM - www.ft.lk
Having successfully conducted the first intake of the Leadership Code based Leadership Academy, Deepal Sooriyarachchi the Certified Partner of the RBL Group USA announced the second intake in May. Leadership Code was developed by Dave Ulrich, Norm Smallwood and Kate Sweetman the internationally recognised experts in the field, which is the synthesis of over thousands ...
Apr 22, 2014 2:30:29 PM - www.ft.lk
Venture Engine highlights the opportunities available to entrepreneurs in Sri Lanka and the key challenges they face Start-ups play a vital role in a country’s economy, filling in niches and creating employment. In developing economies such as Sri Lanka, entrepreneurship is often viewed as an important component in stimulating economic growth, innovation and competitiveness. As ...
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