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A fusion of glamour and festivities awaits guests at the annual gala dinner organised by the Sri Lanka India Society to celebrate India’s Independence Day. The celebratory dinner will be held today from 6. 45p.m. at Taj Samudra. The Chief Guest at the dinner will be High Commissioner of India to Sri Lanka Ashok K. ...
- ‘Sthree Utsav 2012’ by The Sri Lanka India Society to dazzle Colombo (Category: Business)
- Rs. 200,000 from US Ambassador’s Ball to Sri Lanka Wildlife Conservation Society (Category: Business)
- Mega ‘India Show’ in August 2012 to boost bilateral trade with Sri Lanka (Category: Business)
- It was Bachchan's decision, not IIFA (Category: Breaking News)
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)
Xinhua: Sri Lanka’s topmost Tamil minority minister in the northern town of Jaffna on is confident that the government will be able to finalise a political solution for the Tamils. The minister of Traditional Industries and Small Enterprise Development, Douglas Devananda, told Xinhua in an interview that the solution should be based on 13 Amendment ...
- Meeting of revived pro-Eelam outfit in Chennai on Monday (Category: Business)
- Outside conspiracies will not be allowed – Mahinda (Category: Business)
- German Foreign Ministry Head of Asia-Pacific Political Affairs visits Sri Lanka (Category: Business)
- President denounces Tamil National Alliance’s call for international inquiry (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. What is volatility? Volatility is the severity and the frequency with ...
- 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 Sri Lankan Government is making serious efforts in rehabilitation of former Tamil Tiger combatants, their reintegration into society and reconciliation with the minority, a high ranking Russian Government official said. Konstantin Dolgov, Russian Foreign Ministry Commissioner for Human Rights, Democracy and the Rule of Law, and Ambassador-at-Large, said the situation in terms of human ...
- New air services agreement signed with Russia (Category: Business)
- Russian support for SL’s reconciliation process (Category: Breaking News)
- GOSL appreciates Russia's support assisting reconciliation (Category: Breaking News)
- Sri Lanka urged to do more for citizens freed after Russian ‘torture’ (Category: Breaking News)
The first CFW Resortwear show will feature a total of 12 important designers showcasing their Resortwear 2013 collections. The focus for the first show is the South and South East Asian region hence the designers are from Malaysia, India, Pakistan, Sri Lanka and Bangladesh. The show which is themed as a Resortwear weekend on the ...
- Darshi to showcase at Russia Fashion Week (Category: Business)
- HSBC Colombo Fashion Week starts today (Category: Business)
- Colombo Fashion Week 2012 on the ramp from 24 Feb. (Category: Business)
- HSBC Colombo Fashion Week to boost local fashion retail network (Category: Business)
There was a time when cricket was a game only Commonwealth nations derived pleasure from. Those days are long gone. Scour through its recent history, and you’ll find pages dedicated to the likes of Ireland and Afghanistan. It doesn’t stop there. Scotland, The Netherlands, Hong Kong and the United States were among the ten nations ...
- ICC to expand 2014 World T20 to 16 teams (Category: Business)
- Naming teams for World T20 deadline extended (Category: Business)
- ICC approve World Cup qualifying system (Category: Business)
- Comprehensive ICC World Twenty20 Sri Lanka 2012 social media campaigns debut (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)
By Shanuka Tissera SREI Infrastructure Finance Ltd (India) announced their launch in Sri Lanka through a partnership with Arinma Holdings Pvt Ltd. SREI has helped over 30,000 entrepreneurs over its 23 years in operation offering a range of services in the infrastructure sector: Infrastructure project finance, advisory and development infrastructure equipment finance, venture capital and ...
- India’s SREI enters Sri Lankan market (Category: Breaking News)
- Upholding its commitment to sustainability, Arinma Holdings is ISO 14001:2015 Certified (Category: Breaking News)
- Upholding its commitment to sustainability, Arinma Holdings is ISO 14001:2015 Certified (Category: Breaking News)
- Upholding its commitment to sustainability, Arinma Holdings is ISO 14001:2015 Certified (Category: Breaking News)
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)
Global CyberLympics is an international cybersecurity competition. There are teams from various countries participating in the competition. The competition is carried out in different parts of the world including North America, Europe, Africa, South America and Middle-east and the Asia Pacific. It is hosted by the International Council of E-Commerce Consultants (EC-Council), a member-based o...
- CICRA to host two Sri Lankan teams at Global Cyberlympics (Category: Business)
- CICRA, EC-Council sponsor first-ever Hacking Challenge and Information Security Quiz (Category: Business)
- Sri Lankan team enters Global CyberLympics World Finals (Category: Business)
- Seylan emerges as the best among banks at TMC’s Wisdom Quiz (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)
A farewell dinner was organised by the Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce for Vladimir Mikhaylov and Madam Mikhaylov in recognition of the yeomen services rendered by Mikhaylov during his tenure as the Patron of the Council. The event was held on 6 July 2012
- Seminar on ‘Bilateral Trade with Russia’ (Category: Business)
- Russian envoy calls for stronger SL-Russia ties (Category: Breaking News)
- SriLankan Airlines launches flights to Moscow today (Category: Business)
- Surprised by the language used in report and baseless allegations - Mikhaylov (Category: Breaking News)
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 ...
- Sri Lanka calls for agenda of conference on disarmament to be met (Category: Breaking News)
- Lanka deposits instruments of ratification of Comprehensive Nuclear-Test-Ban Treaty (Category: Breaking News)
- Former Ambassador Jayantha Dhanapala passed away (Category: Breaking News)
- SL recognizes nuclear energy for peaceful purposes (Category: Breaking News)
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 ...
- European stocks rise ahead of ECB meeting (Category: Business)
- IMF seeks more funds; G20 to discuss (Category: Business)
- Euro zone crisis heads for September crunch (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
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 ...
- Why Sri Lanka’s dairy industry has languished (Category: Business)
- Nestlé increases milk collection (Category: Business)
- Anchor Newdale sets the standard for freshness and quality with locally sourced milk (Category: Business)
- Growing challenge of food insecurity and malnutrition in Sri Lanka amidst macroeconomic crisis (Category: Breaking News)
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 ...
- Lankan students on US tour (Category: Breaking News)
- Massive draw for Lanka’s $ 1 b bond (Category: Business)
- Education Ministry partners Microsoft to launch DreamSpark (Category: Business)
- Pakistan Govt. announces Jinnah Educational Scholarships 2012 for Sri Lankan youth (Category: Business)
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 ...
- Sri Lanka prepares to host 2012 CIMA Global Business Challenge (Category: Business)
- Unilever Sri Lanka partners 2012 CIMA Global Challenge (Category: Business)
- CIMA President fascinated with MLH (Category: Business)
- CIMA launches ‘Business Case Awards2012 ‘Recognising how CIMA drives business’ (Category: Business)
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 ...
- UK team wins CIMA Global Challenge (Category: Business)
- 2012 CIMA Global Business Challenge Kicks Off Today (Category: Business)
- CIMA President fascinated with MLH (Category: Business)
- Unilever Sri Lanka partners 2012 CIMA Global Challenge (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)
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)
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 ...
- HNB launches Al-Najah Islamic banking unit (Category: Business)
- Islamic finance: Challenges and opportunities (Category: Business)
- Islamic banking and finance advisory services to assist financial institutions (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,’ commenced last evening at the Cinnamon Grand. In the context of ...
- 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)
Tie-up with East West Properties to see 200-room, 11-storey Weligama Marriott Resort and Space come up in mid 2014Marriott International has announced the signing of an agreement with Weligama Hotel Properties Ltd., a fully-owned subsidiary of East West Properties PLC, to open a hotel in Sri Lanka – the Weligama Marriott Resort & Spa in ...
- Marriott International to open its first Sri Lankan hotel in 2014 (Category: Breaking News)
- Marriott International announces its first hotel in Sri Lanka (Category: Breaking News)
- Marriott Debuts in Sri Lanka (Category: Breaking News)
- Serene wins World Luxury Hotel Country Award again (Category: Business)
After 11 years of making US higher education popular across the tiny island nation in Indian Ocean Scholarships for USA (Pvt) Ltd (www.scholarshipsforusa.com) has commenced promoting Sri Lanka as one of the most viable Study Abroad destinations for its numerous partners in US. SUSA believes the traffic needs to be both ways and there’s much ...
- Scholarships for USA team visits Augustana College in Illinois (Category: Business)
- Scholarships team welcomed by Study Illinois (Category: Business)
- US’ Tusculum College looks forward to positive engagement Sri Lanka (Category: Business)
- Education abroad: Making the right choice (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)
FACETS 2012, Sri Lankaandrsquo;s only International Gem and Jewellery Show which is expected to be held from the 5 - 8 September this year, has all 154 booths sold out, with inquiries continuing to come in from countries like India, Russia and China to send buying delegations.
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