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Honda Motor Co. Ltd is confident of capturing 50% of the motor cycle market in Sri Lanka from the current 25%, banking on the growing Sri Lankan economy.
Richardson Projects is a subsidiary of the Richardson Group, which is a pioneer in Sri Lanka’s electrical products and infrastructure industry recently launched the successor to Moeller brand Eaton. Moeller and Eaton, two of the most established and respected names in the electrical sector came together as Eaton acquired Moeller in the year 2008. In ...
- Richardson CFL bulbs take on a new shine (Category: Business)
- Schneider Electric expands retail distribution (Category: Business)
- Phoenix to manufacture world renowned 21st century technology ‘FlowGuard’ (Category: Business)
- Browns Group FY12 revenue tops Rs. 14 b (Category: Business)
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
It is with great sacrifices that Sri Lanka brought about a victory against ruthless terrorism, which is certainly a feather in the cap of Rajapaksa family. No one can dispute the fact that President Rajapaksa provided the political leadership and ensured that the LTTE was decimated at any cost. The Tamil diaspora and the pro-separatist ...
- Eight Lankan refugees arrested in TN (Category: Breaking News)
- Coast Guard stand on TN fisherman ‘outrageous’: Jayalalitha (Category: Breaking News)
- TN determined to regain Katchatheevu (Category: Breaking News)
- TN BJP will continue to press for retrieval of Katchatheevu: Annamalai (Category: Breaking News)
Sri Lanka is ready and building the platform for the future US$ 100 billion economy, said Central Bank Governor Ajith Nivard Cabraal.
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo
- Army inquiry a delaying tactic: Human Rights Watch (Category: Business)
- President calls on diplomats to counter threats from pro-LTTE Diaspora (Category: Business)
- NGOs Call on U.S. to Establish International Accountability Mechanism on Sri Lanka at UN Human R... (Category: Breaking News)
- Rejected asylum seekers abused in Sri Lanka, says rights group (Category: Breaking News)
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
- Village as a developmental unit (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Budget 2012’s impact on the export sector (Category: Business)
- Sri Lanka’s stake in the intl. agriculture debate (Category: Business)
LONDON (Reuters): Copper hit a four-month high on Monday as hopes for more policy easing in the United States prevailed and as weak copper and other commodity imports in China, coupled with weak factory activity, reinforced prospects for more stimulus measures there. Chinese data showed copper imports in August fell 2.9% from July due to ...
- Asian shares rise; oil spikes on Iran tension (Category: Business)
- Shares ease on China growth worry, dollar stays firm (Category: Business)
- Asian markets rebound, hoping for action on euro zone crisis (Category: Business)
- Asian stocks rebound as Bernanke soothes investors (Category: Business)
South Africa, Sri Lankaandrsquo;s leading trade partner in Sub-Saharan Africa and the third most competitive economy in the US$ 13.7 trillion BRICS grouping, is making an unprecedented investment foray in to resurgent Sri Lanka-with no less than US$ 122 million initial investment andndash
- Dilshan inspires Sri Lankan victory over SAF (Category: Breaking News)
- South Africa v Sri Lanka - scorecard (Category: Breaking News)
- Maritime Links (Category: Business)
- African Bite (Category: Business)
Sri Lanka being a developing country with mixed economic sentiments, an ordinary layman might find it difficult to be optimistic about the prospects for local as well as for the global economy. Every country is influenced by the global economic situation, and hence every person
- Full Ahead (Category: Business)
- Battle of the knowledge superpowers (Category: Technology)
- Serial Winner (Category: Business)
- 'Hide the decline' revisited (Category: Technology)
Suspicion exists that Sri Lankaandrsquo;s economy will be adversely affected by entering into the Comprehensive Economic Partnership Agreement (CEPA) with India, states a recent report released by Asia Wealth Management Research. The full text of the report, which explores the extent
24th August 2012 Dr. P. B. Jayasundera, Secretary to the Treasury, Ministry of Finance & Planning The Secretariat, Colombo 1. Dear Dr. Jayasundera, Establishment of a Financial Services Authority and a Banking and Finance Commission I suggest for your consideration that you duly evaluate the long-term national economic benefits of enhancing effective fiscal management capability ...
- Promoting productive social protection (Category: Business)
- MBSL seminar on ‘Implications of the new Finance Business Act’ on 19 September (Category: Business)
- The loud voice of economists: Reform or perish (Category: Business)
- Taming the ‘monsters’ (Category: Business)
Sri Lanka requires proactive and pragmatic policy-making as there is a strong case for proactive policy-making to maintain the fiscal consolidation and revive the growth momentum in the economy, local think tank The Pathfinder Foundation said in its latest Economic Flash released yesterday.
- Central Bank predicts reduction in Budget deficit (Category: Breaking News)
- State launches proactive testing and contact tracing program for essential businesses (Category: USA, New Mexico)
- Airbnb's new rules to stop New Year’s house parties (Category: USA, South Dakota)
- State launches proactive testing and contact tracing program for essential businesses (Category: USA, New Mexico)
The Motivation Charitable Trust (MCT), UK through the Sri Lanka Foundation for the Rehabilitation of the Disabled (SLFRD andndash; Colombo) together with four partner organizations Jaffna Jaipur Centre for Disability Rehabilitation (JJCDR), Centre for Handicapped (CFH) Kandy, Navajeevana Tangalle and Organization for the Rehabilitation of the Handicapped (ORHAN) Vavuniya recognized over 80 Public ...
- Thamilini at Vavuniya Poontottam rehabilitation center (Category: Breaking News)
- Akashi due here tomorrow . (Category: Breaking News)
- Rehabilitation, a complete success - Brigadier Sudantha Ranasinghe( Sri Lanka) (Category: Breaking News)
- Survey reveals how Tigers threw untrained children into Vanni battle (Category: Breaking News)
With apologies to Francis Bacon whose quote is misquoted but not in essence of what he meant. Bacon’s comment that “reading maketh a full man, conference a ready man, and writing an exact man” is to be seriously looked at today in education and in practice where we appear to falter at every step of ...
- First nanotechnology conference kicks off on Friday (Category: Business)
- From science to commercialisation (Category: Business)
- Our own special science park: Going beyond Jurassic Park! (Category: Business)
- First-ever nanotechnology conference kicks off today (Category: Business)
Last week I had the opportunity of meeting Hermawan Kartajaya, one of the top 50 gurus who has shaped the world of marketing. His perspective to the changing landscape of marketing and what business must do sure opened my mind set to a new way of thinking business and Sri Lanka’s policy decision making. Hermawan ...
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Eminent speakers at SLIM International Marketing Conference 2012 tomorrow (Category: Business)
- Honorary Fellow Dr. Hermawan Kartajaya visits SLIM (Category: Business)
- Driving marketing in the boardroom (Category: Business)
Nearly 50 stocks had gained by over 10% in the past month Three solid stocks gives over 23% year-to-date return against near 20% dip of the market If the general investing and savings public believes the Colombo Stock Exchange isn’t attractive, then nearly 50 stocks are likely to prove this incorrect, especially given their performance ...
- Investor confidence worsens by the day; bourse loses Rs. 53 b in value (Category: Business)
- Stock market rebound gathers momentum (Category: Business)
- Market in heavy need of a new direction – Asia Wealth (Category: Business)
- ‘Other’ investors turn bullish (Category: Business)
In the next few years, Sri Lankan economy will reach a Gross Domestic Production (GDP) value of US$100 billion, up sharply from the slow paced economy of about US$ 24 billion GDP in 2004, Central Bank Governor Ajith Nivard Cabraal said.
KUALA LUMPUR (Reuters): Malaysia’s economy grew at a surprisingly strong annual pace of 5.4% in the second quarter, the central bank said on Wednesday, as a jump in private and government investment helped offset weakness in exports amid faltering global demand. The second-quarter growth beat
- Thai Q4 GDP slumps due to floods; seen improving in 2012 (Category: Business)
- Canada economy grows 0.3% in August from July (Category: Business)
- With interest rates rising, stock selectivity becomes vital: DNH (Category: Business)
- Economy ecstatic! (Category: Business)
Shares thoughts on sustainability in volatility and the way forward The Guest of Honour, Dato’ Charon, President and Members of the Professional Bankers’ Association, my dear friends, first of all, let me thank the Association of Professional Bankers for inviting me this evening to your 24th Convention and giving me the opportunity to share a ...
- Association of Professional Bankers’ anniversary convention on 13 and 14 August (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Swiss banks tout stability and secrecy to lure rich (Category: Business)
UNP MP Karu Jayasuriya yesterday exposed various ills of the Government, its ulterior motives in going for Provincial Council elections as well the failure to restore law and order in the country. “The attempt of the Government has come to light, to win the forthcoming Provincial Council Election by whatever means and to show that ...
- PC polls results confirm large number do not approve Govt., says Karu (Category: Breaking News)
- Hashim on UNP leadership crisis, pressing national issues (Category: Business)
- Karu’s call for justice (Category: Breaking News)
- Karu urges Govt. not to abuse state resources in run up to polls in 3 PCs (Category: Business)
Whilst tracking the key moments of the London Olympics, I realised how reliant I was on the text updates that beeped on my Blackberry and then when time permits go to YouTube or the official websites to experience this key happening as it unfolds to the world. But, then I realised that my friends had ...
- HR and London Olympics (Category: Business)
- Coca-Cola and McDonalds launch London Olympics 2012 memorabilia (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- London Olympics biggest in US TV history, despite gripes (Category: Business)
Despite the current state of the economy, there are certain sectors that continue to grow enabling the insurance industry to widen its horizons, opined a former head of Sri Lankaandrsquo;s insurance industry umbrella body.
- Carbon tax hits auto repairs (Category: Australia, Tasmania )
- Ceylinco Insurance expands in North, East (Category: Breaking News)
- SLI declares highest ever life insurance bonus (Category: Breaking News)
- Janashakthi launches Hotel Plus, Sri Lankas most comprehensive hotel insurance cover (Category: Breaking News)
The 2012 CIMA Global Business Challenge, held in Sri Lanka for the first time, kicked off earlier this week with the 22 teams of four from all across the world battling it out to come out on top. Being held for the fourth year, the Business Challenge attracted 12,000 participants initially. In Colombo to witness ...
- Unilever Sri Lanka partners 2012 CIMA Global Challenge (Category: Business)
- Sri Lanka prepares to host 2012 CIMA Global Business Challenge (Category: Business)
- UK team wins CIMA Global Challenge (Category: Business)
- Popularising international trade and commerce through mind sports competitions (Category: Business)
Confirming buying opportunities are being missed, over 100 stocks were trading below asset value and market multiples have fallen below 10 times, according to Softlogic Stockbrokers. “We are bullish on the market over the medium to long term advising investors to accelerate accumulation so as to benefit from the expected bull run,” the broking firm ...
- Start stock picking, says DNH Financial (Category: Business)
- DNH welcomes framework for ETFs, says timing crucial (Category: Business)
- GMNet launches VstoX Colombo Bourse simulator (Category: Business)
- Under fire official of SEC to take up new post (Category: Breaking News)
A special seminar on international education and global careers in finance has been jointly organised by Northwood University (USA) and ANC. Guest speakers from education and industry will introduce both O/Level ad A/Level students and their parents on how to best prepare for top jobs in finance. Seminar details are as follow: It’s all about ...
- CA Sri Lanka takes lead in educating students on IFRS (Category: Business)
- OpenArc organises career guidance seminar (Category: Business)
- Central Bank releases latest educational publication (Category: Business)
- Commercial Bank joins Central Bank to promote financial literacy among SMEs (Category: Business)
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
- Why Lion leads frontier (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
- Corporatism: A step beyond state capitalism (Category: Business)
- Entrepreneur and the profit motive (Category: Business)
- Exercising civic responsibilities (Category: Business)
The 13thandnbsp;Sri Lanka Economic Summit organized by the Ceylon Chamber of Commerce is currently underway in Colombo.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Strategic investments from high-growth economies such as India and China are propelling Sri Lanka into an important emerging Indian Ocean economy, opined Sri Lanka Ports Authority (SLPA) Chairman Dr. Priyath B. Wickrama.
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
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