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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)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
2012 unlikely to match up to 2011 tea revenue; stakeholders’ voice uncertaintya By Cheranka Mendis The tea industry which brought in revenue of approximately US$ 675 million within the first six months of this year – US$ 50 million below the revenue collected in the same period in 2011 – is likely to fall short ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- Tea exporters want Gota to defeat mafia (Category: Business)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
As opposed to a 10-place jump in the previous year, Sri Lanka has suffered a 16-place relegation in the latest Global Competitiveness Rankings list released by the influential World Economic Forum (WEF) yesterday. Sri Lanka’s rank of 68th place out of 144 countries surveyed from 52nd place in the previous year was despite the overall ...
- Sri Lanka in great leap forward (Category: Breaking News)
- BIG LEAP FOR SRI LANKA IN WEF REPORT (Category: Breaking News)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
- Competing for FDI: An agenda for Sri Lanka (Category: Business)
By Cassandra Mascarenhas Sri Lanka’s biggest ICT events of 2012, the ASOCIO international conference and the country’s national IT expo INFOTEL, will be held consecutively portraying the country’s persistent ICT development and the significance of the rapidly expanding industry. Hosted by the Federation of Information Technology Industry (FITIS), the Asian-Oceanian Computi...
- Nominations called for ICT Lifetime Achiever 2012 (Category: Business)
- Sri Lanka re-elected as Chair of UNESCAP ICT Committee third time (Category: Business)
- Microsoft Sri Lanka Partners ICTA for FutureGov SAARC Summit 2012 (Category: Business)
Commending the considerable role played by Sri Lanka Missions overseas in the field of promoting Tourism, the Sri Lanka Tourism took steps to create a new category of tourism awards for Sri Lanka Missions in promoting Tourism for the year 2011, among its newly introduced 21 award categories. Accordingly, the Sri Lankan Embassies in Russia, ...
- Foreign Ministry coordinates efforts through Sri Lanka.... (Category: Breaking News)
- Heads of Sri Lankan missions summoned for a special meeting today (Category: Breaking News)
- Guidebook on Sri Lanka in Russian published (Category: Business)
- Guide book on Sri Lanka in Russian language debuts (Category: Business)
NAIROBI (Reuters): Kenya’s horticulture export earnings are expected to grow by 10%this year thanks to above-normal rainfall, but the eurozone’s financial woes were expected to dampen demand for flowers, a senior industry official said on Monday. Horticulture is one of the east African country’s leading sources of foreign exchange alongside tea exports and tourism. The ...
- Japan corporate mood up despite yen worry (Category: Business)
- HE the President visits "Diyatha Uyana" at Battaramulla (Category: Breaking News)
- HE the President visits "Diyatha Uyana" at Battaramulla (Category: Breaking News)
- Nestlé to buy Pfizer baby food unit for $ 12 b (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)
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka is no pearl on China’s string: President (Category: Business)
- From defence sales to electricity grids, India upgrades Lanka ties (Category: Business)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
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)
UNCTAD released its World Investment Report 2012 recently. The report indicated that for the first time since 2007, global FDI inflows increased by 16% despite the continuing effects of the global and financial economic crisis. However, UNCTAD predicts the FDI growth rates to decline in 2012 due to economic uncertainty and the possibility of lower ...
- UNCTAD moots new generation of investment policies for sustainable development (Category: Business)
- Global FDI defies crisis to jump 17% to $ 1.5 trillion in 2011 (Category: Business)
- Global FDI slumps as debt crisis scares M&A away: UN report (Category: Business)
- Global FDI losing momentum in ’12 (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)
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
The Oxford Dictionary tells us that being ‘happy’ is being cheerful with feelings of pleasure or satisfaction. ‘Satisfaction’ is, in turn, when you are pleased because you have achieved something or because something has happened as you wanted it to. A synonym is being ‘content’ – being happy and satisfied with what you have. Rulers ...
- Achieving economic goals amidst global challenges (Category: Business)
- Transforming education in Sri Lanka (Category: Business)
Sri Lanka’s new development tagline Sri Lanka’s current development tagline has been to make it the ‘Emerging Wonder of Asia’ as originally enunciated in the ‘Mahinda Chinthana: Vision for the Future’ and reaffirmed in both the Development Policy Framework of the Government issued in 2010 and the Annual Report of the Ministry of Finance and ...
- Achieving economic goals amidst global challenges (Category: Business)
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
The 13th Sri Lanka Economic Summit scheduled to be held from 10 to 12 July will focus on a number of key focus areas in the Sri Lankan Economy. The third session of the event will explore the diverse opportunities for Sri Lanka in the emerging markets such as China, India, Brazil, Russia, etc. The ...
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sri Lanka is an exciting and resilient business destination (Category: Business)
- CCC’s 13th Economic Summit from 10-12 July (Category: Business)
- WB South Asia Chief Economist to address Sri Lanka Economic Summit 2012 (Category: Business)
Wide publicity has been given to the events unfolding at the Sri Lanka Tourism regarding the resignation of the Chairman from Sri Lanka Tourism Promotion Bureau, Sri Lanka Institute of Tourism and Hotel Management and Sri Lanka Convention Bureau and the performance of the Board of Investment. The media reports have given the impression that ...
- Basil bats for PB (Category: Business)
- BOI Board in limbo (Category: Business)
- Combined publicity blitz for Sri Lanka tourism still not 100% ready (Category: Business)
- Nalaka Godahewa tosses three tourism hats (Category: Business)
Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...
- Hub is no hoodoo, says TEA (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Do people prefer coffee over tea? (Category: Business)
Technology and Research Deputy Minister Faiszer Musthapha, who was among the Sri Lankan delegation to the UNHRC sessions in Geneva, says there are issues in any country when majorities and minorities live together. “Such issues can only be solved through dialogue. Any third party intervention makes the issues more complicated and totally destroys countries. Iraq, ...
- Sri Lanka unfazed by UN Rights Resolution (Category: Business)
- India’s action and government’s reaction to UNHRC Resolution (Category: Breaking News)
- A tense visit (Category: Business)
- US Pot Boils While Govt. Steps Up Diplomatic Offensive (Category: Breaking News)
The heads of state of BRICS countries met for the fourth time at their annual summit, this time held in Delhi. The original BRICS countries are Brazil, Russia, India and China with South Africa joining later on. These countries belong to the category now described as emerging economies. The BRIC countries together represent over 40 ...
- BRICS to eye joint bank, exchange ties at summit (Category: Business)
- CCC reaches out to emerging markets through BRICS-PED (Category: Business)
- BRICS eye creation of multi-lateral bank (Category: Business)
- BRICS nations gird to pressure West over imbalances (Category: Business)
Deals worth $ 12.1 m under negotiation “An invaluable learning curve for Sri Lanka’s international trade scheme,” says Rishad The recently-concluded Expo 2012 was a successful event, coming after a lapse of 15 years. “Expo 2012 garnered confirmed orders to the value of US$ 66,090 and currently orders under negotiation amount to US$ 12,110,315. There ...
- Expo 2012 to see over 1,000 global participants (Category: Business)
- HSBC partners Expo 2012 Trade Fair (Category: Business)
- With $ 12.5 b target, Lanka ready for Expo 2012 (Category: Business)
The Expo 2012 show that commenced yesterday highlights Sri Lanka’s export products across more than 20 sectors. “Expo 2012 is a viable platform for UAE to identify the export product portfolio of Sri Lanka. In fact, we did not know that Sri Lanka has such a huge export portfolio until today,” said Rashid Al Telaji, ...
- ‘Expo 2012’ promoted in Dubai (Category: Business)
- UAE-Sri Lanka trade tops $ 1 b mark in 2011 (Category: Business)
- Sri Lanka-UAE trade ties gets stronger; Expo 2012 promoted (Category: Business)
BANGKOK (IRIN): Even though public health experts recognise how deadly asbestos can be, its use is on the rise in the construction industry throughout Asia, according to the US Geological Survey. The World Health Organization (WHO) estimates some 107,000 workers die annually from asbestos-related diseases, out of 125 million people who encounter it in the ...
- Economic slowdown to push 100 million into poverty (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
- MasterCard sees controlled explosion in Asia plastic (Category: Business)
- Asian funds revisit 2008 as third quarter market slump bites (Category: Business)
Can clothes, fashion accessories and makeup make a country look democratic?Dictators have begun to dress up their autocratic regimes in the manner of democracies with all the mod cons that help to pass off a system of government, which is for all purposes a dictatorship, as a five-star democracy. This in the manner that a ...
- Sri Lankan elections: A new dimension (Category: Business)
- Trust deficit and consequences (Category: Breaking News)
- Exercising civic responsibilities (Category: Business)
- Inept’ocracy (Category: Business)
Today is 19 March 2012. The day and the month of March are significant in the lives of many people – some celebrating birthdays, some wedding anniversaries, while others nurse what is yet left over from the hangover of the three day drawn encounter that we experienced a week ago or the limited over Royal ...
- Measuring sustainable wellbeing (Category: Business)
- Warm welcome for war crimes agenda architect (Category: Breaking News)
- S. Thomas’, Royal, Oxford and Cambridge (Category: Business)
- US stronger 10 years after 9/11 attacks: Obama (Category: Business)
With the country abuzz with the contentious US resolution on Sri Lanka at the ongoing UNHRC sessions Asia Wealth Management Research team has come up with a brief analysis of the move’s impact if any. Here are excerpts from Asia Wealth’s analysis: The US proposed resolution on Sri Lanka in the current session of the ...
- Protests for power (Category: Business)
- India instrumental in toning down resolution against Sri Lanka (Category: Business)
- Consider Sri Lanka an ethical, profitable trading partner: British envoy (Category: Business)
- The fight is on! (Category: Business)
’s economy. One of Sri Lanka’s award-winning marketers and former ...
- CA Sri Lanka takes lead in educating students on IFRS (Category: Business)
- Ocean University launches vessel for whale watching (Category: Business)
- UK, Lanka partnership to boost business education (Category: Business)
- University of Peradeniya emerges victorious at software competition (Category: Business)
Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...
- Entrepreneur and the profit motive (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- State Capitalism: Revitalising underperforming businesses the Mussolini way (Category: Business)
- Governance - Four examples; two bad and two good (Category: Business)
The Daily FT spoke to the Immediate Past President of Sri Lanka Association of Inbound Tour Operators (SLAITO) and Chairman and Managing Director of Conniassance de Ceylan Ltd., on the state of post-war Sri Lanka tourism industry, the progress and key challenges as well as future prospects and how best they could be harnessed. Here ...
- Future of Sri Lanka Tourism: Former SLAITO Chief sheds key insights (Category: Business)
- Strategic policy needed for Sri Lanka Tourism (Category: Business)
- SLAITO on expectations and challenges facing tourism industry (Category: Business)
- Prema joins Alhambra Hotels Board (Category: Business)
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