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- www.ft.lk - Category : Business - Relavancy : 0.075339936

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.10547591

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.10547591

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.06027195

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.10547591

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.09040792

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 ...

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- www.ft.lk - Category : Business - Relavancy : 0.09040792

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.09040792

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.13477218

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.4197948

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

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- www.ft.lk - Category : Business - Relavancy : 0.09040792

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.052737955

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.052737955

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.04520396

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...

- www.ft.lk - Category : Business - Relavancy : 0.09040792

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.14916547

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.4197948

. They said the Ayurveda Hospital faces a severe shortage of medicine ...

- www.ft.lk - Category : Business - Relavancy : 0.06027195

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.10547591

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.10547591

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.075339936

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.04520396

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.10547591

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.1278561

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...

- www.ft.lk - Category : Business - Relavancy : 0.1205439

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 ...

- LBO.com - Category : Business - Relavancy : 5.3048315

China's bank industry expecting capital shortfall

- www.ft.lk - Category : Business - Relavancy : 0.075339936

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.052737955

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, ...

- www.ft.lk - Category : Business - Relavancy : 0.06392805

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.1278561

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 ...

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