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to the article above in yesterday’s Daily FT by the Pathfinder Foundation – in which there a...
- Pathfinder responds to IFC (Category: Business)
- Easy Biz (Category: Business)
- Improving Sri Lanka’s business climate (Category: Business)
Yet again proving its resilience amidst global shocks and the recession in the West, the country’s economy in the third quarter has grown by 8.4%, a rate viewed by analysts as faster than expected. The high 8.4% growth in Gross Domestic Product (GDP) was above the 8% achieved in the corresponding period of last year. ...
- Services sector shrinks in 1Q (Category: Business)
- 2Q GDP growth at robust 8.2%; higher over 7.9% in first quarter (Category: Business)
- Malaysia’s GDP jumps in Q2 on strong consumption, investment (Category: Business)
- Canada economy grows 0.3% in August from July (Category: Business)
By Cheranka Mendis Dismissing claims that the merger of Dialog and Suntel has created the second largest fixed line provider, the rightful owner of the title Lanka Bell is now on the go to rectify the wrongful claims. Lanka Bell Managing Director Prasad Samarasinghe told the Daily FT yesterday
- TRCSL download test shows Lanka Bell WiMAX to be fastest (Category: Business)
- Lanka Bell introduces exciting broadband packages (Category: Business)
- SLT deploys FTTX technology to boost broadband (Category: Business)
- Vallibel One dials Suntel (Category: Business)
The right to privacy is our right to keep a domain around us, which includes all those things that are part of us, such as our body, home, thoughts, feelings, secrets and identity. The right to privacy gives us the ability to choose which parts in this domain can be accessed by others, and to ...
- Right to information: Transformation from a secretive society to transparency (Category: Business)
- Lanka @ 63: The ‘Military business model’ of post-war economic development (Category: Breaking News)
- It’s One Year On and the Worst is Yet to Come (Category: Breaking News)
By Dinali Goonewardene The private sector yesterday welcomed the relaxation of rules for foreign investment in debentures and overseas borrowings by Sri Lankan firms. The Central Bank yesterday announced it was relaxing regulations for foreign investment in corporate debentures of Sri Lankan firms and foreign borrowings by local firms. In the case of corporate debentures ...
- Sri Lanka Central Bank relaxes regulations on foreign investment (Category: Breaking News)
- Sri Lanka relaxes restrictions on foreign investments in corporate debts and foreign borrowings ... (Category: Breaking News)
- NDB Group conducts successful investor forum in Singapore (Category: Business)
- Can and will sustain rupee defence: CB Chief (Category: Business)
Daily FT Editor Nisthar Cassim was among 40 top individuals apart from 60 institutions from private and public sectors picked last night for Global Commerce Excellence by the Shippers Academy Colombo, with support from the Central Bank, Export Development Board, Sri Lanka Ports Authority
- Dr. Nicholas to share key insights on global economy (Category: Business)
- Empowerment (Category: Business)
- Stock market crashes to lowest level in 2011 (Category: Breaking News)
- No FT during Avurudhu (Category: Business)
Following is a response from Hotel Developers (Lanka) Limited to the article titled ‘Cornel Perera rebuts Basil’ published in the Daily FT of 24 November 2011 We give below a fair summary of the background of establishment of Hilton Hotel Colombo given by the well-respected Attorney
- Indian Casino Mogul Makes A Play For Hilton Colombo (Category: Breaking News)
- A 5-star loss! (Category: Business)
- Cornel Perera says Hilton takeover not the solution, selling via bourse is (Category: Business)
By Cheranka Mendis Sunquick Sri Lanka, the much loved super concentrated fruit quash will today bring home the prestigious Co-Ro Best country award also known as the Global Sunquick best awards. The award is an annual presentation by the brand owners of Sunquick, Co-Ro Food A/S, a Danish Company awarded for the country that marks ...
- Scan Products wins Sunquick Best country award (Category: Business)
- Sunquick mocktail competition a huge success (Category: Business)
- Lankan consumers are shifting from commodities to branded products (Category: Business)
- Scan Products sales force recognised (Category: Business)
By Marianne David Triumph International Lanka unveiled a revolutionary innovation in shapewear with the launch of its all-new ‘Shape Sensation’ collection last evening at its Majestic City Triumph Store. The company’s General Manager Shalindra Fernando presented the first set of the ‘Shape Sensation’ series to former Miss Sri Lanka for Miss Universe Aruni Rajapaksha a...
- Triumph enlarges retail network (Category: Business)
- Triumph rewards dealers with gold! (Category: Business)
- Triumph opens exclusive store at Kandy (Category: Business)
- Triumph inspires up and coming designers through Dragons and Butterflies (Category: Business)
Midst gloomy market conditions, the two IPOs worth Rs. 478.5 million of new hotel companies linked to high networth investor Dilith Jayaweera had been oversubscribed on their opening day itself yesterday. Kalpitiya Beach Resort Ltd., offered 16.2 million shares at Rs. 17.50 each raising Rs. 283.5 million and Waskaduwa Beach Resort’s issue was 15.6 million ...
- ERI extends 2012 Warrants cut-off date (Category: Business)
- FT short take (Category: Business)
- ERI Warrants dip over SEC rule (Category: Business)
With the world’s largest and most prestigious professional body for marketing, the Chartered Institute of Marketing (CIM) celebrating its centenary this year, CIM Chairman Chris Lenton spent a couple of days in Sri Lanka to be part of the celebrations in the country earlier this week and to speak to the marketing community here to ...
- Plugging into marketing trends of the future (Category: Business)
- Driving marketing in the boardroom (Category: Business)
- Fortune 100’s ‘hired gun’ set to awaken the Sri Lankan marketing community (Category: Business)
- Driving marketing in the boardroom (Category: Business)
By Cheranka Mendis Sri Lanka got its fair share of Formula 1 racing yesterday as duty free operator Autogrill Lanka Ltd unveiled the Vodafone McLaren Mercedes F1 racing car used by former World Champions Lewis Hamilton and Jensen Button at the Bandaranaike International Airport. F1 car first, next Grand Prix? Airport and Aviation Services Chairman ...
- F1 car first, next Grand Prix? (Category: Business)
- F1 launch time and optimism is in the air (Category: Business)
- Caterham first out with ‘ugly’ new F1 car (Category: Business)
- India can be one of the great F1 venues (Category: Business)
Mahinda urges brokers to venture overseas, market post-warSri Lanka among foreigners; reach out and educate rural investors Cautions against pump and dump, thereby avoid sharp pricefluctuations endangering innocent investors Brokers say ASI dropping 2,000 points, PE down to 13 times from 26 create conducive environment for relaxed rules President Mahinda Rajapaksa stresses a point duri...
- Mahinda magic! (Category: Business)
- No show by SEC Santa this X’mas! (Category: Business)
- Dr. PB to meet stock brokers today; says right balance key for regulation (Category: Business)
- Message clear: Market must move up (Category: Business)
No unanimity on exchange rate movement A front page headline news item in this paper on last Saturday had reported on an apparent division of opinion between the two top policy makers of the country, namely the Treasury Secretary Dr. P.B. Jayasundera and the Central Bank Governor Ajith Nivard Cabraal, on the depreciation of the ...
- Rupee sinks to record low (Category: Business)
- CB to stop supplying dollars for oil bills (Category: Business)
- Appreciating the exchange rate to create prosperity (Category: Business)
- Devaluation divide (Category: Business)
With 3Cs in place what more does private sector want from President Rajapaksa, asks Treasury Secretary Dr. P.B. Jayasundera at Daily FT-Colombo Uni. MBA Alumni Association post-Budget seminar Urges business leaders to make best use of Budget 2012 aided by peaceful and sound macroeconomic
- Flocking for experts views on Budget 2012 (Category: Business)
- President consults entrepreneurs on Budget 2013 (Category: Business)
- Brainstorming Budget 2012 (Category: Business)
- TAX SYSTEM SIMPLIFIED FROM NEXT YEAR – FINANCE SECRETARY (Category: Breaking News)
By Cassandra Mascarenhas Exploring opportunities for trade, technology transfer and alliances with local companies, a delegation of business leaders from Northern Ireland was present in Sri Lanka earlier this week to meet with prospective partners to initiate further business relationships. Invest Northern Ireland (Invest NI), an initiative of UK regional business development agency, with the ...
- Carrickfergus Consultancy signs joint venture in Sri Lanka (Category: Business)
- Northern Ireland sends business leaders to Sri Lanka (Category: Breaking News)
- Mega ‘India Show’ to open in Colombo this week (Category: Business)
- BRC sets up HR development company in Sri Lanka (Category: Business)
With reference to the Daily FT 14 November 2011 article ‘Basil bats for revival bill,’ Colombo Hilton promoter and former Chairman of Hotel Developers Lanka Plc Cornel Perera has sent the following rebuttal:The article contained the full speech by Economic Development Minister Basil Rajapaksa
- Hotel Developers responds to Cornel Perera’s rebuttal (Category: Business)
- A 5-star loss! (Category: Business)
- Financial commitments/comparisons, then and now (Category: Business)
- Basil defends takeover bill (Category: Breaking News)
President Mahinda Rajapaksa presents development-oriented fiscal programme for 2012 and medium-term policy framework with support for almost all key segments of society and economy In their initial takes, overall welcome tone from private sector, though a few express concerns on select proposals President and Finance Minister Mahinda Rajapaksa yesterday presented what the Government described as ....
- Financing of 2011 Budget goes haywire (Category: Business)
- Govt. to abolish duty-free vessel imports to boost $ 500 m boating industry (Category: Business)
- ‘Clarity, consistency and continuity’ (Category: Business)
- Economic management and the way forward (Category: Business)
Following are the brief key suggestions that came out at the groundbreaking pre-Budget 2012 brainstorming session held recently under a joint initiative by the Daily FT and the MBA Alumni Association of University of Colombo with Secretary to the Treasury Dr. P.B. Jayasundera as the Chief Guest
- Hapag in SCE Combo Service 2012 – Trans-Pacific Trade (Category: Business)
- Boosting Asia’s resilience (Category: Business)
- Actuaries, pipe welders, gecochemists wanted by UK (Category: Breaking News)
UNP MP Dr. Harsha de Silva fired a fresh salvo at Central Bank Governor Nivard Cabraal for moving away from his statutory role of being monetary policy-centric and making strong statements concerning fiscal policy which is the job of Finance Ministry. Dr. de Silva was responding to some of the recent statements by Cabraal about ...
- A rosy update (Category: Business)
- Central Bank sees rupee firming helped by inflows (Category: Business)
- CB says all June-end IMF loan targets met (Category: Business)
This is the eighth article in the Daily FT’s fortnightly series titled ‘Business of Sports,’ focusing on the back office of the various sports administered and played in this country. Readers are invited to share their views and express their opinion via email to editor@ft.lk
- ‘The Business of Sports’: A long overdue commentary! (Category: Business)
- Bid for $17m disability sports centre (Category: South Australia)
- Proposed winter sports guidelines include masks for athletes while playing (Category: USA, Maine)
- Liberals tackle Ellis on Oval funding (Category: South Australia)
The Institute of Chartered Corporate Secretaries of Sri Lanka in partnership with the Daily FT organised a seminar titled ‘Share Market Volatility – Causes and Remedies,’ last week which brought to the table many issues concerning the Colombo stock market
- Time to buy as market has corrected itself enough: Panel (Category: Business)
- Top seminar on ‘Share market volatility — causes and remedies’ tomorrow (Category: Business)
- Top seminar on ‘Share market volatility – causes and remedies’ today (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
By Cheranka Mendis Chairman and founding member of CSR Asia, Richard Welford was in Sri Lanka for a hands on two day training course titled ‘Embedding global compact and sustainability in to your organisation’. Organised by UN ESCAP, Global Compact Network Ceylon and The Global Compact Regional Support Centre Asia Pacific, the course was taken ...
- Rio+20 and the developing world (Category: Business)
- Managing in a developing context (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
Deepal V. Perera reporting from St. Kitts Hambantota Bid Co-Chairman Ajith N. Cabraal is cautiously optimistic that delegates of the Commonwealth Games Federation annual assembly will vote through Sri Lanka to host 2018 contest in Hambantota. Hambantota Bid Co-Chairman Ajith N. Cabraal with CEO Nalin Attygalle at a briefing. Pic by Deepal V Perera He ...
- Rising stars shine light on Hambantota bid (Category: Business)
- CWG bid money not wasted: Cabraal (Category: Business)
- 2018 CW Games bid team appeals to underdog status (Category: Business)
- Hambantota confident as 2018 Commonwealth Games Vote countdown begins (Category: Business)
The Institute of Chartered Corporate Secretaries of Sri Lanka and the Daily FT have brought together an expert panel of speakers to examine the state of the share market. Aptly titled ‘Share market volatility – Causes and Remedies’ the power-packed seminar will be held
- Farmers' market mooted for Whyalla (Category: South Australia)
- Gas pipeline project in New Mexico halted amid pandemic (Category: USA, New Mexico)
- Wednesday, January 20th: Bright Ideas: Mompreneurs (Category: USA, New Hampshire)
- Gas pipeline project in New Mexico halted amid pandemic (Category: USA, New Mexico)
The Institute of Chartered Corporate Secretaries of Sri Lanka and the Daily FT have brought together an expert panel of speakers to examine the state of the share market. Aptly titled ‘Share market volatility – Causes and Remedies’ the power-packed seminar will be held tomorrow
- China steps up pressure on Alibaba with anti-monopoly probe (Category: USA, South Dakota)
- China steps up pressure on Alibaba with anti-monopoly probe (Category: USA, South Dakota)
- National Chamber seminar on ‘Investing in the Stock Market’ (Category: Business)
- Top seminar on ‘Share market volatility – causes and remedies’ today (Category: Business)
The American Center in Colombo held its ‘Open Mike Competitive Poetry Slam’ at the American Center Auditorium on 27 October. Introduced for the first time in Sri Lanka, the ‘Poetry Slam’ called out to poets, spoken word stars, rappers and performance artistes. With an award for the best performer and free entrance, the event drew ...
- Poetry Slam Season Three to kick off next week (Category: Business)
- Thursday, December 17th: Hershel and the Hanukkah Goblins (Category: USA, New Hampshire)
- Thursday, December 17th: Hershel and the Hanukkah Goblins (Category: USA, New Hampshire)
- Thursday, December 17th: Hershel and the Hanukkah Goblins (Category: USA, New Hampshire)
This is the seventh article in the Daily FT’s fortnightly series titled ‘Business of Sports,’ focusing on the back office of the various sports administered and played in this country. Readers are invited to share their views and express their opinion via email to editor@ft.lk
- Sri Lanka sports: Mired between power plots and honey pots! (Category: Business)
- ‘The Business of Sports’: A long overdue commentary! (Category: Business)
- A sports economy: New mantra for a sporting nation! (Category: Business)
- Is Sri Lanka Sports being waylaid by mercenaries? (Category: Business)
The courage the Government has demonstrated in cancelling the CATIC deal and yet feeling secure, rather than embarrassed by it, must be recognised. It is a responsible step, a prudent decision, which will have enduring benefit both in terms of national policy and FDI strategy. This step will also earn the respect of the indigenous ...
- Sovereign Wealth Funds (Category: Business)
- Sector report (Category: Business)
- Unilever’s Pears to make millionaire children (Category: Business)
- Revamped Siddhalepa Ayuverda Health Resort opens (Category: Business)
Recently the Daily FT reported that the Board of Blue Diamonds Jewellery Worldwide Plc was getting richer with Managing Directors and if that wasn’t enough, the company last week announced more additions – bringing the total number of Directors to a high 15. The latest appointments
- Blue Diamonds poor with profits, rich with MDs! (Category: Business)
- BAT asks for five board seats in BLUE (Category: Business)
- Proposal to appoint directors to Blue Diamonds rejected (Category: Business)
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