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- www.ft.lk - Category : Business - Relavancy : 0.098640904

Reuters: A visibly shaken Kofi Annan admitted defeat in his attempts to bring peace to Syria on Thursday, but – perhaps keen to protect his legacy from the taint of another genocide – laid the blame for the failure on the big powers that claim to back him. Syria was the best chance for Annan, ...

- www.ft.lk - Category : Business - Relavancy : 0.055799723

Ambassador Ravinatha Aryasinha, Sri Lanka’s Permanent Representative to the UN in Geneva, addressing the Conference on Disarmament (CD) on Tuesday, 31 July 2012, has expressed Sri Lanka’s “profound disappointment that the conference has not been enabled to undertake substantive work on its agenda”. He said: “It is time to avoid the temptation of subjecting the ...

- www.ft.lk - Category : Business - Relavancy : 0.097649515

Reuters: The International Monetary Fund on Thursday called for a “policy game changer” in the euro zone to arrest the spread of the debt crisis it now says is clearly engulfing the entire currency bloc and its smaller neighbors. An IMF spillover report that looks at how the economic policies of the so-called systemic five ...

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Reuters: Michael Phelps became the first male swimmer to win the same event at three successive Olympics when he clinched the men’s 200 metres individual medley gold medal at the London Games on Thursday. The American may no longer be the unstoppable force he was in Beijing four years ago but he still provided an ...

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Reuters: The ear-to-ear smile of 16-year-old American Gabby Douglas and the tears of Russian Victoria Komova told the story of Olympic triumph and heartbreak in the women’s all-around gymnastics on Thursday. As Douglas waved presidentially to family, friends and team mates cheering her coronation as the new first lady of gymnastics, Komova slumped into a ...

- www.ft.lk - Category : Business - Relavancy : 0.24954395

LONDON,(Reuters): Black belt Russian President Vladimir Putin will lock horns with British leader David Cameron over Syria and human rights during a day of judo diplomacy at the Olympics on Thursday at a time when relations between their two nations are strained. Cameron will push the former KGB spy, to take a tougher line on ...

- www.ft.lk - Category : Business - Relavancy : 0.37530136

SINGAPORE (Reuters): The sanctions reducing Iran’s oil exports have played in the favour of major producers such as Saudi Arabia, Russia and Venezuela which now export about 21 percent more crude to Asia’s biggest buyers compared to a year ago. Iran’s exports to China, Japan

- www.ft.lk - Category : Business - Relavancy : 0.11836908

New York: Muslim tourists globally represent a lifestyle tourism market worth $ 126.1 billion in 2011, and growing at a rate of 4.8 per cent through 2020, compared to global average of 3.8 per cent, a study said. The new ground-breaking study, ‘Global Muslim Lifestyle Travel Market: Landscape & Consumer Needs,’ highlights how airlines, tourism ...

- www.ft.lk - Category : Business - Relavancy : 0.083699584

Reuters: The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years. “We cannot allow short-term food-price spikes to have damaging long-term consequences for the world’s most poor ...

- www.ft.lk - Category : Business - Relavancy : 0.041849792

Sri Lanka’s dependence on imported milk is a phenomenon that evolved during the time frame of my lifetime. I well remember as a child, a man used to bring a cow and its small calf to our house – we lived in a Government quarters bungalow in Colombo – and milk the cow, in the ...

- www.ft.lk - Category : Business - Relavancy : 0.055799723

Reuters: Swimmer Michael Phelps won his 17th Olympic medal to take him closer to the all-time mark, but his U.S. freestyle relay team were upstaged by France as records fell in the pool on Sunday’s second day of competition at the London Games. South Africa’s Cameron Van der Burgh and American Dana Vollmer set world ...

- www.ft.lk - Category : Business - Relavancy : 4.024709

Reuters: Russia has made no agreement to grant Syrian President Bashar al-Assad asylum and is “not even thinking about” doing so, Foreign Minister Sergei Lavrov said on Saturday. The remarks fell short of a statement that Russia would not consider taking in Assad but were among Moscow

- www.ft.lk - Category : Business - Relavancy : 0.111599445

Norway’s defence of their Olympic women’s handball gold medal got off to a poor start as they were beaten 24-23 by France in Group B of the preliminary stages. The Scandinavians, who have swept aside all before them at the Games, World Championship and European Championship over the last four years, endured a terrible opening ...

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Five teenage schoolchildren from Sri Lanka who had lost a family member to an act of terrorism attended this year’s ‘Project Common Bond’, a weeklong peace building and conflict resolution program held in the US. The program was organised by Tuesday’s Children, a New York based non-profit organisation serving the needs of those affected by ...

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Reuters: Wimbledon champions Serena Williams and Roger Federer are in action on the opening day of the Olympic tennis tournament on Saturday, returning to the centre court just three weeks after their triumphs. Williams faces Serbia’s Jelena Jankovic in the second match on the 15,000 capacity court and is followed by Federer against Colombia’s Alejandro ...

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Reuters: Former England manager Fabio Capello vowed to turn Russia into one of the world’s top teams after signing a two-year contract as national coach on Thursday. Italian Capello replaced Dutchman Dick Advocaat, whose tenure ended following Russia’s disappointing Euro 2012 campaign

- www.ft.lk - Category : Business - Relavancy : 0.06974965

Reuters: China’s table-topping gold medal haul at the Beijing Olympics cemented its claim as a sporting superpower but the red-clad army of 396 athletes march into London with little swagger as they renew their battle for supremacy with the United States. China swelled with pride as their 51 titles at Beijing put the U.S. tally ...

- www.ft.lk - Category : Business - Relavancy : 0.083699584

CIMA (Chartered Institute of Management Accountants) yesterday announced that The Indivisibles from Exeter University have been crowned global champion at the prestigious 2012 CIMA Global Business Challenge (GBC) in partnership with Barclays which took place from 23 to 24 July. The Indivisibles triumphed over stiff competition from twenty one other talented regions at the event ...

- www.ft.lk - Category : Business - Relavancy : 0.111599445

Reuters Point Carbon: Global carbon dioxide emissions rose 3 per cent to 34 billion tonnes in 2011, according to a new EU report, undermining a UN goal to limit the rise in global average temperatures to 2C above industrial levels by 2050. According to the report, published Wednesday by the European Commission’s Joint Research Centre ...

- www.ft.lk - Category : Business - Relavancy : 0.111599445

According to the Thai Ministry of Tourism and Sports, Thailand recorded a 31% y-o-y increase in tourism receipts in 2011. The total earnings of 776 billion Baht (US$25.45 billion) were also well above the original target of 716 billion Baht (US$ 23 billion). The growth in total number of visitors is being matched by increased ...

- www.ft.lk - Category : Business - Relavancy : 0.083699584

With affluence improving post-war as well as its value for money, Sri Lanka is among the fastest growing markets for tourism in Thailand. According to official data from Thailand, visitors from Sri Lanka grew by 20.85% to 32,878 in the first half of this year. Percentage growth wise it is one of the highest apart ...

- www.ft.lk - Category : Business - Relavancy : 0.083699584

The Olympics ‘brand’ is valued at USD $47.6 billion with an 87% increase since the Beijing Olympic Games in 2008 (where it was valued at USD $25.4 billion) according to a new study launched last week by Brand Finance. The Olympics ‘brand’ is the second most valuable brand in the world and beaten only by ...

- www.ft.lk - Category : Business - Relavancy : 0.083699584

The Tourism Authority of Thailand has unveiled a series of strategies designed to maintain, enhance and promote Thailand’s brand image, marketing profile and visitor arrivals. TAT has set a 2013 target of 22.22 million international visitor arrivals, generating estimated foreign exchange revenues of 966 billion Baht (US$ 30.62 billion, based on the exchange rate of ...

- www.ft.lk - Category : Business - Relavancy : 0.111599445

Excitement is building in Sri Lanka as Colombo prepares to host the 2012 CIMA Global Business Challenge (GBC) in partnership with Barclays from 23 to 24 July. Shown on MTV, the GBC final is held in partnership with Barclays. The competition involves teams presenting a business case which is then judged by a panel of ...

- www.ft.lk - Category : Business - Relavancy : 3.0185318

Reuters: Former England manager Fabio Capello has agreed to become Russia’s new coach, the Russian Football Union (RFU) said on Thursday. “Though Capello has not signed a contract yet, a principal agreement with the Italian had been reached and de-facto he has become Russia coach,”

- www.ft.lk - Category : Business - Relavancy : 0.034874827

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.1394993

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.111599445

Reuters: India’s tea production in May dropped to 72.5 million kg, down 4.8% from a year earlier, the State-run Tea Board said, as unfavourable weather in the top-producing north eastern state of Assam state hampered plucking. The country’s tea production in the first five months of 2012 fell 11.4% to 215.8 million kg from a ...

- www.ft.lk - Category : Business - Relavancy : 0.041849792

By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search for a more enduring solution. As a result an increasing interest in Islamic finance ...

- www.ft.lk - Category : Business - Relavancy : 0.11836908

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 ...

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