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It’s no secret that computer literacy is fast becoming a basic necessary skill in almost all of today’s industries. Not only is it a means to enhance the productivity within organisations, the seemingly limitless amount of information on the internet has literally left us with the world at our fingertips. Education itself is at a shift, now it’s ...
- AVIVA NDB donates building to Jaffna School (Category: Business)
- Govt. launches IT promotion in 6,500 rural schools (Category: Business)
- Education Ministry partners Microsoft to launch DreamSpark (Category: Business)
LONDON (Reuters): The Bank of England looks set to call a halt to its asset-buying program on Thursday, despite the economy having slipped into recession and renewed risks rising from the euro zone debt crisis, as UK inflation remains stubbornly high. Ending its program of quantitative easing, or QE, may make life more difficult for ...
- Rocky Road (Category: Business)
- Sri Lanka’s Central Bank raises rates to contain record high inflation (Category: Breaking News)
- Fiat Inflation (Category: Business)
- Inflation drops in July for the fifth consecutive month (Category: Breaking News)
Reuters: Nepal’s prime minister worked on Friday to form a coalition government that will include the main opposition parties after his cabinet quit as part of a negotiated effort to quell political tumult in the desperately poor Himalayan state. Nepal, wedged between its giant neighbours China and India, has been plagued by instability for years ...
- Delegation from Nepal arrive to promote ‘Visit Lumbini 2012’ (Category: Business)
- Fonseka Group refused Asylum in Nepal (Category: Breaking News)
- Report: Nepal Rejected Refugee Status To SF Supporters (Category: Breaking News)
- April 8: The best case scenario in Sri Lanka (Category: Breaking News)
In 2005, Filipino Rene Luis Godinez was suffering from advanced liver failure and didn’t have long to live if he didn’t get a new liver soon. After failed attempts by doctors back in his hometown to reverse Godinez’s liver failure problem, he came to Singapore to undergo liver transplantation at the Asian Centre for Liver ...
- First ever living donor liver transplant surgery successful (Category: Breaking News)
- Medical marijuana jeopardizes liver transplant (Category: USA, California)
- More facilities for liver transplant (Category: Breaking News)
The rupee yesterday gained at its best ever pace in recent months, a development which analysts and markets linked to remarks made by Treasury Secretary Dr. P.B. Jayasundera to media on Monday. The currency traded at Rs. 126 (up by over 3%) in the morning before closing at Rs. 127.80/128.70 a dollar, firmer as opposed ...
- Rupee weaker on importer dollar demand (Category: Business)
- Rupee slips on importer dollar demand; stocks flat (Category: Business)
- Rupee slips on importer dollar demand; shares down (Category: Business)
- Money market liquidity increases once again (Category: Business)
CB asks banks overnight for their forex commitments for Thursday and Friday; steps up bank visits Convenes meeting with treasury heads of banks; rupee crisis figures in monthly CB-bank CEOs meeting as well Dealers say no room for speculation given the very narrow net open positions; new rules apart from lack of dollars could be ...
- Markets becalmed (Category: Business)
- Rupee sinks to record low (Category: Business)
- Rupee on a yo-yo! (Category: Business)
- An effective consumer lending proposition (Category: Business)
SINGAPORE, (Reuters): The newly wealthy in Asia think nothing of spending big money on a big boat for prestige and fun but the region’s nascent yachting class may have trouble finding a berth in overcrowded marinas. Asia is home to less than 4 per cent of the world’s 7,000 superyachts but interest has been taking ...
- SIA to add fourth daily London service (Category: Business)
- Singapore eyes WTA debut next year (Category: Business)
- Govt. to abolish duty-free vessel imports to boost $ 500 m boating industry (Category: Business)
- Singapore airport traffic hits record, fuelled by casinos (Category: Business)
Chief Asanga Seneviratne says players who refuse to represent national team could face ban Insists paradigm shift taking place in rugby to put country on international map By Uditha Jayasinghe Sri Lanka Rugby Football Union (SLRFU) yesterday took a tough stand against those who refuse to play for the national team warning they could face ...
- A passion for Rugby in an unexpected place (Category: Business)
- Focuss appointed official casual wear provider for Sri Lanka Rugby (Category: Business)
- High number of foreign players for Caltex Sevens (Category: Business)
- Greening builds Sri Lankan legacy (Category: Business)
Worldwide PC shipments totaled 89 million units in the first quarter of 2012, a 1.9 per cent increase from the first quarter of 2011, when shipments reached 87.3 million units, according to preliminary results by Gartner, Inc. These results exceed Gartner’s earlier projections of a 1.2 per cent decline for the quarter. “The results were ...
- Dell sees room to challenge Apple in tablets (Category: Business)
- Dell to buy Quest Software for $ 2.4 b (Category: Business)
- HP to lay off about 27,000, profit slides 31% (Category: Business)
LONDON (Reuters): Warm weather and fears of a fuel shortage helped drive the biggest increase in British retail sales in more than a year in March, raising chances that recovering consumer spending may have helped the economy to avoid recession. The unexpectedly strong figures will come as a relief
- Auto Appetite (Category: Business)
- Auto Market (Category: Business)
- British official retail sales dip after riots (Category: Business)
- S. Korea April retail sales drop (Category: Business)
Commodity broker John Keells Plc said yesterday that the global production of black tea was heading towards a shortfall in the first half of 2012 due to the prevailing dry weather in major tea producing countries and this will help stabilise prices at remunerative levels. It said worst ever drought in fifteen years in North ...
- Drought drives up costs for tea sector (Category: Business)
- Rupee fall a mixed bag for tea industry (Category: Business)
- Tea test (Category: Business)
- Sri Lanka’s Low grown tea prices to reach record levels in the near future (Category: Breaking News)
Denying accusations that the Ceylon Electricity Board is a burden on the national economy, Minister of Power and Energy Champika Ranawaka points out its contribution towards the country’s development and claims the staggering loss of $ 42 billion predicted for 2012 was mainly due to the fuel price hike and rupee depreciation. Following are excerpts ...
- Electrifying losses (Category: Business)
- CEB GM Eng. Rohan Seneviratne steers electricity sector toward sustainable and renewable future (Category: Breaking News)
- CEB: Making losses or deliberate blunders? (Category: Business)
- Treasury defends fuel revisions (Category: Business)
With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- The Economic Impact of Exchange Controls (Category: Business)
- Living with debts (Category: Business)
- Strategies on reducing or getting out of foreign debt (Category: Business)
In a document entitled ‘National Policy on Reconciliation: Working Document – Draft One,’ dated 12 March 2012, under the caption ‘The Strategy,’ in Paragraph B – ‘Political Participation and Administrative Accountability,’ the authors Prof. Rajiva Wijesinha and Salma Yusuf, have stated inter alia that: ‘The Constitution will be amended to provi...
- Posterior Liqueurs (Category: Business)
- Yogarajan and Kariapper release APRC Report independently without govt approval (Category: Breaking News)
- 1972: A Historic Opportunity Missed (Category: Breaking News)
- National planning: The need for consistency (Category: Business)
A spike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in South Asia, but food subsidies targeted at the very poorest in the region would help them cope with still-high prices, says a new report by the Asian Development Bank (ADB). South Asia’s ...
- Poverty Threat (Category: Business)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Currency depreciations risk intensifying global food, energy crisis – World Bank (Category: Breaking News)
Recently I attended a session oversees on how countries internally are creating flexible labour arrangements to reduce the levels of long-term joblessness. In many countries young people have been the biggest victims of the recent economic crisis and few governments have much capacity for further stimulus. Therefore, the general view among the participants was that ...
- United Front (Category: Business)
- Middle East countries search on Lankan maids (Category: Breaking News)
- Many job offers to Sri Lankans, but only a few takers (Category: Breaking News)
- Medical certificate on arrival in UAE (Category: Breaking News)
. They said the Ayurveda Hospital faces a severe shortage of medicine ...
- Separate ward for War Heroes (Category: Breaking News)
- Ayurveda students in Sri Lanka call on authorities to address issues faced by the sector (Category: Breaking News)
- Crash students to be released from hospital (Category: Australia, Victoria)
- Patients At Ayurveda Hospital Up In Arms (Category: Breaking News)
Industry calls for higher productivity, new market development to ride out uncertainties Tea industry stakeholders say the industry needs to urgently improve productivity and generate new markets, as volatility in major Middle Eastern markets continue to dampen tea export earnings. While there is strong demand for tea in global markets, price increases for Ceylon ...
- Local tea industry in a fix (Category: Business)
- Tea smallholders raise sustainability concerns (Category: Business)
- Closing on $ 5 b tea exports by 2020 doubtful: Industry (Category: Business)
- MJF rings alarm bell on future of tea industry (Category: Business)
High cost of living and festive seasons go hand in hand and the upcoming New Year looks set to becoming a particularly difficult one. With the Central Bank downgrading the economic forecast from eight per cent to 7.2 per cent and a rapidly depreciating rupee adding to increasing imports, the month of April, when consumerism ...
- Former Mississippi Gov. William F. Winter dies at 97 (Category: USA, Mississippi)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Nebraska)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Maryland)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Maine)
SINGAPORE (Reuters): European banks will continue to reduce their lending in Asia, posing problems for companies in the region as local financial institutions lack the capacity to make up the shortfall, Singapore’s central bank chief warned on Wednesday. Asian firms, other than the bluest of blue chips, have seen a jump in their dollar borrowing ...
- Asian shares fall, dollar spikes vs yen on intervention (Category: Business)
- Dollar debt set to remain sparse and steep in Asia (Category: Business)
- Commercial Bank offers NRFC accounts in Chinese Yuan (Category: Business)
- Singapore expected to keep monetary policy on hold (Category: Business)
Reuters: Forget austerity in the supercar zone at the Geneva Auto Show. Lamborghini and Ferrari flaunted some of their most expensive models to date, confirming the recession-proof appeal of ultra high-end cars to the world’s wealthy. Supercar Bugatti Veyron Grand Sport Volkswagen (VOWG_p.DE) unit Bentley, boasting a rich heritage of super-expensive sedans, coupes and ...
- Bugatti is getting into the home audio business, kind of - Roadshow (Category: Technology)
- Bugatti is getting into the home audio business, kind of - Roadshow (Category: Technology)
Tyranny of the international capital markets Dr. Indrajit Coomaraswamy, ex-Central Banker and International Civil Servant, did not mince words when he addressed the country’s exporters last week. The veteran economist, having made an assessment of the risks associated with Sri Lanka’s external sector crisis, warned that the country will have to grapple with “the tyranny ...
- High costs of poor performance or high returns of sound management (Category: Business)
- Appreciating exchange rates: Not a boon always (Category: Business)
- Flexible exchange rates and impact on exporters (Category: Business)
- No more IMF loan for Sri Lanka (Category: Breaking News)
Too many children living in cities across the world are excluded from vital services, UNICEF says in a report launched jointly with the Government of Sri Lanka. Delivering the welcome speech at the joint launch of UNICEF’s ‘State of the World’s Children Report 2012’ at the Presidential Secretariat this morning, Secretary to the President Lalith ...
- State of the World's Children Report 2012' presented in Sri Lanka (Category: Breaking News)
- UNICEF says urban children’s malnutrition growing in Sri Lanka (Category: Breaking News)
- UNICEF releases Annual Report (Category: Breaking News)
- Sri Lanka and UNICEF focus on urban children (Category: Breaking News)
As part of the UK Government’s commitment to reviewing the immigration system, last summer a consultation was launched proposing reforms to employment-related settlement, Tier 5 of the points based system and overseas domestic worker routes. The UK’s Immigration Minister, Damian Green, yesterday announced the government’s response to this consultation. The proposed changes will m...
- UK ends automatic settlement for skilled workers (Category: Breaking News)
- UK government encourages exceptionally talented migrants (Category: Business)
- Actuaries, pipe welders, gecochemists wanted by UK (Category: Breaking News)
- UK govt. accepts recommended changes to shortage occupation list (Category: Breaking News)
At a time when some major global apparel buyers are shifting their sourcing to low-cost countries like Cambodia, Bangladesh and Vietnam, Sri Lankan garment manufacturers are not only able to retain their current buyers but have also succeeded in luring new buyers. In fact, the Sri Lankan apparel industry has crossed its US$ 4 billion ...
- Service Level (Category: Business)
- Apparel industry leaders to gather in Sri Lankan capital for apparel forum and design festival (Category: Breaking News)
- Buying Shift (Category: Business)
- Overseas clothing retailers start lining back at Sri Lankan doors (Category: Breaking News)
China's bank industry expecting capital shortfall
As major urban areas strain to adequately support rapidly growing populations, the need for infrastructure is at an all-time high, a development so pivotal that it is pressuring the engineering and construction industry to step up as never before to meet the challenge, and putting their efficiency and risk management processes to the test, according ...
- Fair winds for Sri Lanka maritime hub (Category: Business)
- India’s overseas drive to slow home port plans (Category: Business)
- Ransomware attacks, human error as main cause of cloud data breaches in India and worldwide: Rep... (Category: Breaking News)
By Cassandra Mascarenhas in thailand The mere mention of Thailand immediately brings to mind one thing – its bustling capital Bangkok, renowned for its nightlife, shopping and cultural sites. Yet, there is so much more to the country that truly makes it ‘amazing’ Thailand, as I found out on a trip to the country’s north, ...
- ‘Divi Neguma’ Dept: Development catalyst, dependency creator or a white elephant? (Category: Business)
- Galle Music Festival comes alive in March (Category: Business)
- Reducing Trade Deficit (Category: Breaking News)
- The drought, Mahaveli waters and the farmer (Category: Business)
The Visible Hand of the government ‘The Visible Hand’ was the title which the famed London-based economics weekly, The Economist, used when it published a special report in its issue on 21 January 2012 on the rise of state capitalism in the modern era. The title has a pun: The governments do not care to ...
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
- Corporatism: A step beyond state capitalism (Category: Business)
- A monetary constitution to add on to the legal constitution? (Category: Business)
By Sydney Knight Galle Literary Festival Panel: Writing political realities into fiction and journalism. This program enabled me to listen to Romesh Gunesekera, Irfan Husain and Susan Minot. All three writers certainly had a message. However, what struck a chord in my system was the story from Uganda. The story of the Nun and the ...
- Lankan team for U19 World Cup (Category: Business)
- Sino-Lanka Bilateral Trade (Category: Business)
- CIM Sri Lanka Region celebrates 100 years of marketing excellence (Category: Business)
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