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UNITED NATIONS(Reuters): President Barack Obama will say on Tuesday the United States will “do what we must” to prevent Iran from acquiring a nuclear weapon as UN Secretary-General Ban Ki-moon warned against threatening attacks whose consequences would be devastating. Preparing to take the podium at the United Nations six weeks before the US presidential election, ...
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (Category: Business)
- Obama vows to pursue further nuclear cuts with Russia (Category: Business)
- Iran army tests defences as nuclear tensions rise (Category: Business)
- Israel calls for tougher Iran sanctions (Category: Business)
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)
Power of the village One of the most respected business personalities that Sri Lanka has produced to the multinational belt of companies is Lalith De Mel, better known as J.C.L. De Mel. I was blessed to have had the exposure of being trained by him during the times that he was the Global Director for ...
- Vavuniya: Sri Lanka’s best on poverty at 2.3% (Category: Business)
- 2011: Power achievements for Sri Lanka, but… (Category: Business)
- Revolutionising Sri Lanka’s agricultural rupee (Category: Business)
- Hayleys recognised as Sri Lanka’s most nation-minded corporate entity (Category: Business)
BEIJING (Reuters): China will provide subsidies worth $2.2 billion to buyers of energy-efficient computers and air-conditioners in the latest effort to stimulate domestic demand and encourage the use of environmentally friendly technology, Xinhua reported on Sunday. The one-year subsidy programme will cover purchases of desktop computers, air-conditioners, fans, water pumps, compressors and transf...
- China’s Wen urges more support for growth (Category: Business)
- Asian shares inch up, euro zone and Fed QE3 eyed (Category: Business)
- Sri Lanka’s Expolanka profit skyrockets over 200% on exports, rupee depreciation (Category: Breaking News)
- APEC leaders commit to green trade liberalisation (Category: Business)
Thai Airways International recently held a pre-launch reception to showcase its first Airbus A380-800 aircraft and new products and services. Thai Airways has configured all six of its A380s scheduled to join the fleet between this year and next with 507 seats in three classes: 12 in Royal First Class, 60 in Royal Silk Class, ...
- Thai Airways International takes delivery of brand new Boeing 777-300ER (Category: Business)
- First Thai Airways A380 rolls out of paint shop (Category: Business)
- Thai Air will not extend budget airline deal with Tiger (Category: Business)
- Bangkok Airways connects Bangalore and Thailand (Category: Business)
A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...
- The ability to save (Category: Business)
- Of Confidence Tricksters and Ponzi Schemes (Category: Breaking News)
- Pyramid schemes galore in rural areas where financial literacy is low– Police spokesman (Category: Breaking News)
- Need To Restrain The Power Of Shadow Finance (Category: Breaking News)
Reuters: President Barack Obama asked Americans on Thursday for patience in rebuilding the weak economy as he appealed for a new term in office and defiantly rejected Republican Mitt Romney’s proposals for growth as heartless. Accepting the presidential nomination at the Democratic National
- Romney wins big in Florida presidential primary (Category: Business)
- Romney close to Republican nomination after victories (Category: Business)
- Romney scores big win over Santorum in Illinois (Category: Business)
- Obama widens lead over Romney despite jobs data (Category: Business)
By Cassandra Mascarenhas A groundbreaking initiative to encourage the commercialisation and adoption of nanotechnology across differing sectors, the National Science Foundation of Sri Lanka hosted the country’s inaugural nanotechnology conference last week. Aptly themed ‘Nanoscience and Nanotechnology in Sri Lanka: From Science to Commercialisation,’ the two- day conference featu...
- First-ever nanotechnology conference kicks off today (Category: Business)
- ‘Technology Marketplace’ hailed as a great success (Category: Business)
- SLINTEC lays foundation for country’s first nanotech park (Category: Business)
- Govt. to set up first science and Nanotech Park in Homagama (Category: Business)
Qatar Airways has announced an expansion of its USA route network with the introduction of daily passenger flights to Chicago from 10 April next year. The non-stop service from Doha, capital of the State of Qatar, will be the carrier’s fourth USA gateway, following already successful daily operations to New York (JFK), Washington (IAD) and ...
- Qatar Airways to launch flights to Gassim, Saudi Arabia (Category: Business)
- Qatar Airways launches latest global 3-day sale (Category: Business)
- Etihad Airways launches flights to Seychelles (Category: Business)
- Etihad launches Shanghai flights (Category: Business)
COPENHAGEN (Reuters): Shipping and oil group A.P. Moller-Maersk raised guidance for 2012 earnings last week on prospects of a further recovery in container freight rates after its Maersk Line swung back to profit in the second quarter. The global shipping industry has been hit by weak demand due to the world economic slowdown and an ...
- Maersk still sees 2012 loss in container shipping (Category: Business)
- Maersk sees 3% drop in Asia-Europe volumes (Category: Business)
- Maersk cuts shipping view as container growth slows (Category: Business)
- Maersk sees further squeeze from overcapacity (Category: Business)
The ‘Yes-Man’ Parasite, a.k.a. HMV The dictionary definition of a ‘pun’: ‘the clever or humorous use of a word that has more than one meaning, or words that have different meanings but sound the same’. The second word of the headline of today’s column is not exactly a pun, but somewhat akin to one, as ...
- Nihal’s Fundamental Rights application on Expropriation Law fixed for 26 Jan. (Category: Business)
- Checks and balances - Is there such a thing as unlimited power? (Category: Business)
- Sajith slams Expropriation Bill (Category: Business)
- Inept’ocracy (Category: Business)
Reuters: The dynamic growth of golf in Asia has prompted suggestions that the continent merits a major championship of its own but if that does ever happen it will not be as a result of the PGA Championship relocating. PGA officials baulked at the suggestion on Wednesday that their event, widely viewed as the fourth-ranked ...
- Dominant McIlroy takes game to new level with BMW win (Category: Business)
- Woods commits to play in PGA Tour Fall Series event (Category: Business)
- Woods contemplates extra event with Presidents Cup in mind (Category: Business)
- Dragon dance heralds dramatic season finale (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)
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)
Reuters: The inaugural Sri Lanka Premier League (SLPL) represents a golden chance to showcase the island nation to the world, said one of the organisers of this month’s Twenty20 tournament. Sandeep Bhammer, chief executive of the little-known Somerset Entertainment Ventures group that has been given the rights to run the event for 15 years, told ...
- Sri Lanka Premier League forges ahead (Category: Business)
- FICA to recommend SLPL boycott without bank guarantee (Category: Business)
- Mahindra SLPL gives young cricketers a much-needed platform (Category: Business)
- Allegations do not affect SLPL integrity – Organisers (Category: Business)
Every country must have a socioeconomic model for developing the country and achieving sustainable growth and prosperity. The function of a sound model is to transform aspirations into reality by identifying all that needs to be done to achieve the aspirations. What is prosperity? What do we mean by prosperity for a country? My ...
- MillenniumIT’s exchange technology goes live in three continents (Category: Business)
- Why Are The Tamils Of The North & East Wanting To Live Separately From The Sinhalese? (Category: Breaking News)
- ‘Those who live by the Dhamma are protected by the Dhamma’ SEC Chief tells investors (Category: Business)
- Independence is only meaningful if all people able to live free of fear and suspicion (Category: Breaking News)
Politically-motivated violence or a riot is a form of civil disorder characterised often by what is thought of as disorganised groups lashing out in a sudden and intense rash of violence against authority, property or people. A riot could also be due to a perceived grievance or out of dissent. Political violence was seen in ...
- Heed people’s call for new political model (Category: Breaking News)
- Sovereign People, Legal Despotism & Aragalaya (Category: Breaking News)
- A sad state of affairs (Category: Business)
- Sri Lankan elections: A new dimension (Category: Business)
With the start of the holy month of Ramadan, Emirates has introduced several initiatives to ensure the well-being and comfort of fasting customers. In support of passengers observing Ramadan, Emirates has developed a unique tool to calculate the correct timings for Imsak and Iftar while in-flight. The tool, an industry-first, was developed in conjunction with ...
- Cinnamon Lakeside commemorates Ramadan month with Iftar buffet (Category: Business)
- Iftar celebrations at Mount Lavinia Hotel (Category: Business)
- Prime Minister urges Muslims to help create a prosperous Sri Lanka (Category: Breaking News)
- National Iftar event at Temple Trees under aegis of President, PM (Category: Breaking News)
Reuters: India’s lawmakers voted for a new president on Thursday, ending weeks of wrangling and opening a much-hyped political window billed as the best chance for Prime Minister Manmohan Singh to launch a wave of reforms and reverse an economic slowdown. India’s markets are anticipating quick action to relax investment rules and cut subsidies once ...
- UPA names Mukherjee as presidential candidate (Category: Business)
- Indian PM says hard decisions needed for 9% growth (Category: Business)
- Pranab Mukherjee is the new president of India (Category: Business)
- Populism may trump reforms in India (Category: Business)
, highlighted five factors that could derail the global economy: a worsening ...
- China economy faces risk of hard landing – Govt. economist (Category: Business)
- Qatari royals buy Italian fashion icon Valentino (Category: Business)
- Mercantilist's Dilemma (Category: Business)
- Gets Oscars presenting gig (Category: Business)
For a record-setting eighth consecutive year, Emirates ‘ice‘ in-flight entertainment system has been awarded the ‘World’s Best Airline In-flight Entertainment’ award at the 2012 Skytrax World Airline Awards. The awards are based on voting by over 18 million airline passengers from 100 different nationalities. The award was accepted by Emirates’ Vice Presid...
- Emirates offers Iftar service this Ramadan (Category: Business)
- Emirates reveals new industry-leading screens for inflight entertainment system (Category: Business)
- Emirates continues roll-out of inflight product innovations (Category: Business)
- Emirates announces special fares for HSBC Signature Cardholders (Category: Business)
From 1 January 2013, EK203 from Dubai to JFK, and its return sector EK204, will become A380 flights, offering an increased capacity of almost 1,000 additional seats in both directions every week. The service is currently operated by a Boeing 777-300ER. “Emirates is experiencing very high demand for its New York flights and the start ...
- Emirates to Fly A380 Twice Daily to JFK (Category: Breaking News)
- Emirates to fly A380 twice a day to JFK (Category: Travel)
- Did Fox Valley tip JFK election? (Category: USA, Illinois)
- Thousands of unedited government JFK assassination files released (Category: Breaking News)
Rio+20 has come and gone. For some, with June gone, the task may be looking at the flavour of the month for July to prop up different hoardings. The conference was concluded successfully and most of the final photos and comments indicated it was well attended and well run and perhaps well concluded. For sure, ...
- Green growth not targets needed for 2015 climate deal (Category: Business)
- Climate change: The definitive challenge of the 21st century (Category: Business)
- Be a part of Earth Hour 2012 (Category: Business)
- Climate Change: A Red Flag For Environmental Security In Sri Lanka (Category: Breaking News)
A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...
- Taming the ‘monsters’ (Category: Business)
- Corporatism: A step beyond state capitalism (Category: Business)
- Experimenting with State-Owned Enterprises (Category: Breaking News)
- IMF-led privatisation, land and resource grab in Sri Lanka (Category: Breaking News)
As Sri Lanka-Japan bilateral discourse completes 60 memorable events, Japan has become our seventh largest international trade partner. “The total bilateral trade turnover between the two nations has grown to $ 1,250 m in 2011. Japan, our seventh largest trade partner in 2011, has always been a key trading nation as well as a generous ...
- Looking East (Category: Business)
- Sri Lanka, Japan talk of FTA (Category: Breaking News)
- Japan to consider Special Trade Agreement with Sri Lanka: Japanese minister (Category: Breaking News)
- Japan to consider possible FTA with Sri Lanka (Category: Breaking News)
By Cheranka Mendis Several French institutions are exploring prospects to offer energy efficiency solutions to the booming construction sector in Sri Lanka. At a key industry forum organised by the Trade Commission of the French Embassy Yesterday, seven French companies along with French Agency for Environment and Energy Management (ADEME) Energy Expert Robert Angiletti and ...
- CEMS Global to hold eighth ‘Power Sri Lanka’ international exhibition (Category: Business)
- DFCC: Changing the sustainable energy landscape in Sri Lanka (Category: Business)
- Nuclear energy discrimination in Asia? (Category: Business)
- Eighth Power International Expo kicks off in Colombo (Category: Business)
A pledge of continued support to Sri Lanka’s tourism industry through award-winning air services was one of the highlights of the high profile formal opening of The Emirates Lounge at the Bandaranaike International Airport (BIA), Katunayake yesterday. Tim Clark, President of Emirates airline and Mohammed Mattar, Divisional Senior Vice President Airport Services joined Minister of ...
- Emirates invests in own premium lounge at BIA (Category: Business)
- Emirates invests Rs. 200 m for dedicated lounge at BIA (Category: Business)
- Emirates wins Gold “Airline of the Year” at ATN Awards (Category: Business)
- Oman Air opens new lounge at Muscat Airport (Category: Business)
Reuters: Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation’s future in the euro zone . Britain announced on Thursday it would flood its banking system with cash ...
- Euro zone crisis heads for September crunch (Category: Business)
- Euro zone seals second Greek bailout worth 130 b euros (Category: Business)
- Merkel scrapes win on Greek bailout, rebels grow (Category: Business)
- World stocks, euro rise on hopes Greece ditches referendum (Category: Business)
Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...
- Sri Lanka state finances would improve with domestic domestic restructure: think tank (Category: Breaking News)
- Limits of statist development or state capitalism (Category: Business)
- Sri Lanka net government debt soars in 2021 despite zero foreign deficit finance (Category: Breaking News)
- Rupee depreciation: A powerful tool to drive growth and employment? (Category: Business)
With new features and new children’s products to come, Emirates stays at the head of the pack inflight In its on-going efforts to invest in the latest entertainment content and newest systems, Emirates has recently upgraded the hardware on its new Boeing 777 fleet to bigger, much wider, and digitally-enhanced screens for its winning inflight ...
- Emirates Reveals New Screens On In flight Entertainment (Category: Breaking News)
- Emirates continues roll-out of inflight product innovations (Category: Business)
- Emirates Wins SKYTRAX Award Again (Category: Breaking News)
- Emirates in-flight entertainment wins Skytrax Award (Category: Business)
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