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Reuters: Rory McIlroy underlined his superstar credentials as he repelled an early onslaught by Britain’s Ian Poulter before cruising to his second major title by a record eight shots at the PGA Championship on Sunday. The 23-year-old Northern Irishman, who started the final round with a three-shot lead, needed only 23 putts on the way ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Billionaire investor George Soros had a lot to celebrate on Saturday evening: his 82nd birthday and the engagement to his much younger girlfriend Tamiko Bolton. Soros and Bolton, who met in the spring of 2008, formally announced their engagement at a party at Soros’ summer home in Southampton, New York attended by a small ...

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The support from the bastion of the game, Marylebone Cricket Club (MCC), and world famous Brian Lara propelled the inaugural Sri Lanka Premier League T20 tournament to the global stage on Saturday. Kicked off via an international style show of dance and culture of seven provinces at the Sugathadasa Indoor Stadium, the SLPL celebrated its ...

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Reuters: The Netherlands won their second successive women’s Olympic hockey gold by beating world champions Argentina 2-0 on Friday with both goals scored from second-half penalty corners. The Dutch netted from their third corner in the 45th minute through Carlien Dirkse van den Heuvel’s rebound and nine minutes later Maartje Paumen got their second to ...

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Luxury destination club Inspirato has added two properties in Thailand and three in Maldives to its global vacation portfolio, representing the club’s entrance to Asia. The club’s offerings in Thailand are a 260-square-metre ocean-view villa and a 470sqm private retreat within the Soneva Kiri resort on the nearly untouched Koh Kood in Trat province. Inspirato ...

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Reuters: Stephen Kiprotich of Uganda broke away from two Kenyan rivals to win the men’s marathon near Buckingham Palace on Sunday in front of vast crowds enjoying the climax to 16 days of Olympic competition and drama. After running side by side for miles with world champion Abel Kirui and Wilson Kipsang, the 23-year-old put ...

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Sporty Solutionz Pvt Ltd, the Indian subcontinent’s leading sports rights management company, shall distribute the television rights globally for the inaugural edition of the Mahindra Sri Lanka Premier League Twenty20 Cricket Tournament starting from 10 August and to be played until 31 August. The high-voltage, action-packed Mahindra SLPL shall be broadcast live in 80 countries ...

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Sino Lanka, Kandy Hotels and ONYX partnership to boost hill capital’s leisure landscapeSino Lanka Hotels Holdings (Pvt.) Limited, Kandy Hotels Co. (1938) PLC, together with ONYX Hospitality Group, yesterday celebrated the launch of OZO Kandy, the second OZO property to be  built in Sri Lanka. Minister for Economic Development and Tourism Basil Rajapaksa, Chief Minister ...

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Vinodh Ramawickrama Jayawardene is the entrepreneurial Managing Director of Orcas Technology Limited in New Zealand and also the co-founder of the social networking site SnapStarLive (http://snapstarlive.com). A photography plate Gallery Company, Snap Star is responsible for the full coverage of New Zealand’s, Australia and USA hottest events including concerts, nightlife, festivals, life st...

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Long standing Sampath Sanhinda Senior Citizens account holders in and around Colombo were in for a surprise when Sampath Bank invited them for the prestigious farewell show of Maestro Victor Ratnayake’s ‘Sa’ at Nelum Pokuna recently. It was “a dream come true” for the invitees who were nominated by the Sampath Branches on a first ...

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The widespread use of CFL bulbs for domestic and industrial lighting across Sri Lanka has resulted in a considerable reduction in power consumption in these sectors in the recent years. CFL bulbs have helped the nation save 280 gigawatt hours in 2009 and 294 gigawatt hours in 2010 according to the Sri Lanka Sustainable Energy ...

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Stephen Covey, a former business professor whose 1989 leadership manifesto ‘The 7 Habits of Highly Effective People; sold more than 25 million copies on the way to becoming one of the most highly effective volumes in the history of self-help publishing, died last month at a hospital in Idaho Falls, Idaho. He was in the ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

Boeing and Malaysia Airlines celebrated the direct delivery of the airline’s 75th 737 aircraft during an event at Boeing Field early this week. The airplane, a Next-Generation 737-800, arrived in Kuala Lumpur, Malaysia yesterday. “The 737 has been an amazing airplane for our airline,” said Ahmad Jauhari Yahya, Group Chief Executive Officer of Malaysia Airlines. ...

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Commercial Bank’s credit cardholders can now enjoy star-class accommodation at attractive discounted prices under the latest promotion the Bank has launched with Amaya Resorts and Spas. Accordingly, cardholders who want to enjoy the breath-taking views of the hill country can stay at Amaya Hills – Kandy, Hunnas Falls – Kandy or Langdale – Nuwara Eliya ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...

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Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer has partnered with the Sri Lanka Premier League (SLPL), a cricket league, as their Title Sponsors. The prestigious League kicks off from August 11 and will be played over three weeks at two venues – Colombo and Kandy. The inaugural edition of this League will ...

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By S.R. Balachandran BSc, FCA, FCMA (Sri Lanka) Several people who have been successful in their life have used suitable timely opportunities efficiently. In Tamil there is a famous proverb, ‘luck taps at your door only once’. Late kung-fu super Star Bruce Lee was sent to San Francisco by his parents as he was involved ...

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Reuters: DreamWorks Animation SKG Inc (DWA.O) and its Chinese joint venture partners will open a theme park in Shanghai by 2016, with a total investment amount of 20 billion yuan ($3.14 billion), the companies said on Tuesday. The creator of ‘Shrek’, together with its joint venture partners – China Media Capital, Shanghai Media Group and ...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Shanuka Tissera Since October 2011, Seylan Bank looked to re-stimulate the concept of banking rewards schemes in Sri Lanka with its promotion ‘Thagi Pita Thagi’. The lucky winner of the coveted top prize of a Rs. 15 million super luxury house was announced on 3 August at Cinnamon Grand and was awarded to Achala ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

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Finlay Tea Estates Lanka (Pvt) Ltd., which manages Hapugastenne Plantations PLC, was awarded the prestigious National Plantation Award 2012 for Forestry Management, Environmental Friendliness and Self-Sufficiency in Energy’ of the Regional Plantation Company sector by President Mahinda Rajapaksa recently at a ceremony held at the Temple Trees. The Shawlands Estate Tea Factory in Lunugala was...

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When the whole world is in turmoil, can we be still? The answer sought by millions of managers worldwide is a definite yes. How this can be possible is the interesting question. Today’s column will tell us more about our search for stillness.   Stillness as an experience Stillness is your essential nature, says Eckhart ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Flashing a lop-sided smile of satisfaction and relief, Michael Phelps left the Olympic arena for the final time on Saturday after finishing his competitive career with a scarcely credible 18 gold medals. The boy from Baltimore, who had set out to redefine the boundaries of his sport, had succeeded beyond anybody’s expectations with twice ...

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Presented in partnership with Sri Lanka Design FestivalThe Young Creative Entrepreneur Design and Fashion Award is a British Council initiative offered in partnership with the Sri Lanka Design Festival. This award, originally titled the Young Fashion Entrepreneur Award was revamped this year to include both the ‘Design’ and ‘Fashion’ sectors.   The award seeks the ...

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July 25 was Cumaratunga Munidasa day. The day was of special significance this year since it marked the 125th birth anniversary of one of Sri Lanka’s most eminent scholars. The highlight at this year’s ceremony was the launch of a scholarship to be awarded to the student gaining the highest marks for Sinhala language and ...

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Sunday 5 August marks the launch of the ‘Rebuild Sri Lanka,’ Habitat for Humanity’s first large-scale volunteer build event in the country. Over 150 international and 50 local volunteers will partner with 24 low-income families to build homes in Pathamyawatte village, Negombo. “Habitat’s mission is to bring people together to build homes, communities and hope. ...

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To help encourage emerging artistic talent within Provincial Schools, Anchor has recently launched its ‘Nothing is Impossible – If You Dream Big’ art competition in the Central Province. The competition, launched in the Western Province earlier this year to celebrate  the 125th anniversary of Fonterra’s flagship brand Anchor, has been expanded following an overwhelming...

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By Shanuka Tissera Sumit Ganguly is a Professor of Political Science and holds the Rabindranath Tagore Chair in Indian Cultures and Civilisations at Indiana University, Bloomington. He has been a Fellow and a Guest Scholar at the Woodrow Wilson International Centre for Scholars in Washington DC and serves on the editorial board of numerous boards ...

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The first round of selections for the Airtel Rising Stars kicked off in grand style on 1 August at the Doraiappa stadium in Jaffna with over 500 young hopefuls vying for a dream opportunity to train at the legendary Manchester United soccer academy in the UK. After a rigorous day of try outs, three youngsters ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Standard Chartered is stepping up hiring and investment to take advantage of rivals retreating from its core Asian markets, after a strong first six months set it up for a 10th straight year of record profits. The London-based bank plans to add 1,000 to 1,500 jobs and increase investment spending by about $100 million ...

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