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Published on Apr 3, 2023 11:21:45 AM by Trader's Life
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BRUSSELS (Reuters): Euro zone economic sentiment defied expectations of stabilisation and again fell sharply in September, underlining the economic gloom brought on by the sovereign debt crisis as the euro zone sinks into a recession. The European Commission’s monthly economic sentiment survey showed the index for the 17 countries sharing the euro falling to 85 ...
President Mahinda Rajapaksa on Thursday asserted that there is no political interference of any kind in the country’s Judiciary, as some have alleged. Addressing a meeting with News Directors and Chief Editors of electronic and printed media at Temple Trees, the President said that the Government does not interfere in the affairs of judges or ...
The protest marches launched by the union of striking university academics and the student union on Monday urging the government to save the state education reached the city marking a successful conclusion. The trade union of Sri Lankan university academics, Federation of University Teachers Associations (FUTA) launched its protest from Galle on September 24 and ...
Text and pics by Mohamed R. Farook Fathima Halidha, a Fathima Muslim Ladies College 2011 AL Examination Bio Stream student, who secured an astonishing Z-Score of 3.0, with an all island ranking number three and district ranking of number two having achieved three straight A’s in all the three subjects of biology, chemistry and physics, ...
Watching the World T20 matches on TV – currently being played in Sri Lanka, I noticed a Tourist Board commercial on the theme ‘Refreshingly Sri Lanka – Wonder of Asia.’ Immediately I recalled last year’s stamp released to mark World Tourism Day. Sri Lanka issued ten stamps with an attractive souvenir sheet carrying all the ...
DISREGARDING an offered salary increase, academics on Friday staged a massive protest march demanding sweeping reforms to higher education and widening the abyss with the Government. As the three month anniversary of the strike nears, there is escalating concern of the consequences of this stalemate. The Federation of University Teachers’ Association (FUTA), the trade union ...
Eisenhower Foundation South Asia Conference 2012 kicks off in Colombo By Cassandra Mascarenhas Bringing together Eisenhower Fellows from across the world for networking and deliberations in Colombo, the Eisenhower Fellowships, Philadelphia and conference organising teams from Bangladesh, India, Pakistan and Sri Lanka hosted the three-day Eisenhower Foundation South Asia Conference 2012 which kicke...
Reuters: The race for president focused squarely on the battle for working-class votes on Wednesday, as Republican Mitt Romney scrambled to make up ground on Democratic President Barack Obama in the crucial battleground state of Ohio. On a day when the rivals held dueling events across the state, Romney mixed empathy for the unemployed – ...
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. ...
Govt. gives 37%-82% salary hike, says 4.5% of GDP already given to education, charges issues politicised but promises to continue discussions By Uditha Jayasinghe After nearly three months of unrelenting trade union action, the Government yesterday extended the strongest olive branch yet to university teachers by increasing their salaries by as much as ...
Celebrating ties between China and Sri Lanka, the Sri Lanka-China Journalists Forum in collaboration with Embassy of China will present China Nanjing Little Red Flowers Children’s Art Troupe for the first time in Sri Lanka as ‘Red Flowers on Stage’ on 30 September and 1 October at the Nelum Pokuna Mahinda Rajapaksa Theatre. The exclusive ...
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 ...
Although the Asian region is better prepared for economic turmoil than it was a decade ago, high levels of financial, trade and investment integration with the Western economies ensure that no country is immune to the effects of the Eurozone debt crisis. While most of the European Union (EU) economies struggle to design new austerity measures to ...
THE events that unfolded with the swearing-in of a new Chief Minister to the North Central Province has brought into sharper focus the practice of collective bargaining in Sri Lanka, with the added dimension of family bartering. Since 2005, as the United People’s Freedom Alliance (UPFA) has entrenched its dominance over the United National Party ...
With the rejection of the Cabinet decision proposed to resolve the problem of university academics, the issue seems to be dragging without a settlement. The lecturers’ main demands are a salary increase, increase in Government funding of the education system to 6% of GDP (Gross Domestic Product), end to political interference in education, and establishment ...
World-famous Amanresorts Chairman Adrian Zecha has expressed his bullishness in post-war rebound in Sri Lanka’s tourism, which has encouraged him to explore fresh opportunities for expansion. “The post-conflict economic development process is visible everywhere in Sri Lanka. Our resorts in Sri Lanka were not economically viable during the pre-conflict period. But thanks to the peace, ....
Asian Development Bank (ADB) Vice President Xiaoyu Zhao has declared that Sri Lanka has big potential than any other country in Asia to become the most viable and attractive regional economic hub. “Strategic location, post conflict infrastructure development initiatives, peace and stability, high economic growth and able leadership are the main factors behind these potential,” ...
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 ...
Reuters: Banks are getting round new rules intended to make a still vulnerable industry safer while countries are distracted by the continuing financial crisis, the International Monetary Fund said on Tuesday. The IMF’s latest Global Financial Stability Report said banks will adjust to new costs from tougher regulation to curb excessive risk taking, with deep-pocketed ...
The WTO in its annual World Trade Report for 2012, in addition to analysing world trade, has dealt in detail on Non Tariff Measures (NTMs), which has gained an important place in international trade today. In a world of trade liberalisation and free trade agreements which deal mainly with tariff reductions, which are clearly spelt ...
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, ...
The academics are marching. The students are marching. The Muslims are marching. Every day hundreds images of throngs of people shouting slogans and demonstrating blare across television screens, newspapers and of course, the internet. SMS news alerts about road closures and barricades abound as popular discontent rises to the surface through trade union agitation and ...
The Divi Neguma Bill has put forward new questions regarding transparency and good governance in Sri Lanka as well as the role played by powerful politicians in moving away from best practices under the guise of assisting people “for the greater good”. In a nutshell, the Supreme Court last week told Parliament that the Bill ...
Reuters: Chinese university teacher Zhu Haibin wept softly as she and other Communist Party cadres stood in rows before a mass grave of Communist fighters in southern China. Ignoring light drizzle, the group listened to a party instructor tell the story of Zhang Longxiu, a “hero mother” from the early days of China’s Communist revolution ...
Reuters: Brent crude oil fell more than $1 per barrel to below $110 on Wednesday, weighed down by a stronger dollar, worries over growth and the euro zone debt crisis as Greece faced its biggest anti-austerity strike for months. Greece’s transport system ground to a halt, shops pulled down their shutters and hospitals worked on ...
Sri Lanka team wins Plate beating Thailand 22-7 Hong Kong beat hosts China 40-10 to win the weekend’s HSBC Asian Sevens Series’ (HSBC A7s) Shanghai Sevens and underline their growing status as one of the top teams in Asia. In the other silverware matches, the Ben Gollings-led Sri Lanka team won the Plate beating Thailand ...