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

Reuters: Ferrari’s Fernando Alonso could celebrate his 31st birthday by winning his 31st Grand Prix on Sunday at the Hungaroring circuit where he chalked up his Formula One victory nine years ago. McLaren will hope to get the most out of their upgraded car after Lewis Hamilton’s bad luck in Germany and champions Red Bull ...

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

Reuters: Venus and Serena Williams have opted for the comfort of a Wimbledon hotel over the athletes’ village and might miss the opening ceremony but the tennis siblings were still able to soak up some of the London Olympic experience on Tuesday. Soon after arriving in the English capital, the Williams sisters and their United ...

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Reuters: Tiger Woods crawled his way up to the second place in world rankings on Monday but the American, fresh from his joint third finish at the British Open, is unlikely to make a song and dance about that. For a man who has spent 623 weeks at the summit, a greater craving would be ...

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Executive Chef Alexander Kroll of five-star Widder Hotel, Zürich and Executive sous Chef Tony Rudolph at the Prato Borni, the five star Grand Hotel Zermatterhof, in Zermatt will be highlighting the weeklong celebration of authentic Swiss delicacies held at the Governor’s restaurant from 27 July to 2 August priced at Rs. 2,500 +++. Swiss cuisine ...

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Aspiring rock stars have been invited head on over to ODEL where Niko, the famous street dog turned fashion mascot is reportedly rocking his good looks with a new collection that can transform one to a star, overnight. Capturing the current trends of the global fashion scene, the new collection is said to be inspired ...

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

By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...

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Janashakthi Insurance, one of Sri Lanka’s largest listed insurers, continues its winning streak to emerge the triumphant winner of two prestigious awards for corporate social responsibility and exceptional branding and marketing at the recently concluded CMO (Chief Marketing Officer Council) Asia Awards held in Singapore. The insurer gained recognition at the international event by securing ...

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In order to uplift Sri Lankan cinema it is vital to match up to international standards and technology plays a key role in this venture. International cinema has reached its peak in the highest of technological standards, and the same experience should be enjoyed by Sri Lankan film viewers as well. As international films are ...

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Star West Indian big-hitter Chris Gayle and Pakistani all-rounder Shahid Afridi have signed to play in Australia’s domestic Twenty20 competition for the Sydney Thunder, the team said Monday. Gayle is returning to the team where last season he smashed an unbeaten century off 54 deliveries, including 11 sixes, against Adelaide and who finished the competition ...

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New Delhi :  Sports broadcasting major, ESPN STAR Sports on Sunday said it has bagged multi-year broadcast rights for exclusive coverage of the Sri Lanka Premier League (SLPL) in India. The first edition of the T20 league will be played in August 2012. No financial details were disclosed. The multi-year deal includes a minimum of ...

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More expansion planned to ride the post-war rebound in tourism and entertainmentBy Cheranka Mendis  Hilton Colombo Residence has embarked on a major renovation plan for the hotel to reap post war benefits starting with the expansion and refurbishment of its Union Ballroom. Completed in seven months at a cost of US$ 3 million, the Union ...

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Union Assurance (UA) unveiled yet another innovation by introducing a unique pricing formula for their motor insurance Union Motor Star which allows certain categories of vehicles to enjoy an unbeatable price for insurance. Vehicles above the value of Rs. 3 million enjoy this privilege in general, though certain makes and models also have an unbelievably ...

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In seeking to build this society, as much as we learn from modern technology, we must also be fully aware of our own traditional knowledge of technology, President Mahinda Rajapaksa said. “Our great irrigation technology, the construction technology seen in our ancient cities, and maritime technology of the past, should motivate you to carry your ...

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‘Shakthi’ fundraiser by Emerge Lanka Foundation today   ‘Shakthi, a Celebration of Femininity,’ a fundraiser for Emerge Lanka Foundation to spread awareness about sexual assault/abuse through artistic avenues, will be held at Barefoot Café today, 21 July, from 6 to 10 p.m. Emerge Global is dedicated to empowering young women around the world who have ...

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Etisalat’s Elite Club Golfers geared up with eager anticipation as the annual Etisalat Golf Classic returns for its 2012 outing. The tournament, teed off on 20 July at the Royal Colombo Golf Club (RCGC), seeing the active Etisalat Elite club members taking on to the course. The tournament is a staple in Sri Lanka’s golfing ...

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Delayed project for Rs. 20 b five-star hotel cum residencies kicks off, 20-year management deal to be finalised with Hyatt, global financiers included; set to be largest hotel and tallest building in town By Uditha Jayasinghe The long-awaited Rs. 20 billion Hyatt management venture recommenced yesterday in what aims to be the Colombo’s biggest hotel ...

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DIMO recently organised a grand event to felicitate and acknowledge their local business partners in automotive components, power tools and related businesses for 2011/2012. This event was themed ‘Tribute to our Champions 2012,’ justifying the objective of the entire activity and was held at Jetwing Blue, Negombo. Three key business units took part in this ...

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JENNIFER LOPEZ is set to expand her fashion empire by launching a luxury T-shirt company online. The superstar quit her job as a judge on U.S. reality show American Idol last week (ends13Jul12) to focus on other projects, and she has already lined up her first post-TV venture in Teeology.com. The website, co-founded by Lopez ...

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The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...

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

The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...

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New Delhi, (AFP): An Indian court will hear accusations of indecency against US pop star Katy Perry and Bollywood legend Amitabh Bachchan over their dancing at a cricket event, media reported on Wednesday. Madras High Court, in southern India, ordered a hearing on the accusations on 31 July, although the pair will not be required ...

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The glamorous interiors of the Maharaja Palace adorned with beautiful golden chandeliers, distinct Moghul art, uniquely traditional Indian décor and its sophisticated Lucknawi flavours, dons it an exceptional Moghul touch. As the latest exclusive Indian restaurant in Colombo opened its magnificent mahogany doors at a three day gala opening held recently, a first taste of ...

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Cinnamon Lakeside Colombo’s seafood market buffet brings the splendours of the ocean to The Terrace on 19 and 27 July. The assortment of seafood varieties include lobster, crab, fish, oysters, calamari, shrimp and baby mullet, baby garoupa, and red snapper, freshly prepared to suit varied tastes. A large selection of fresh seafood will be on ...

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NDB Investment Bank Limited (NDBIB) was adjudged the ‘Best Investment Bank in Sri Lanka’ recently at the Awards for Excellence 2012 by Euromoney, the world’s premier financial markets magazine. This is a historical achievement for NDBIB as well as the country since it is the first time Euromoney has ever recognised an investment bank in ...

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Roger Federer has surpassed Pete Sampras to set the record for the most weeks at No. 1 in the ATP rankings. After winning Wimbledon a week ago, Federer returned to the top for the first time since June 2010 and his 287th week at No. 1, one more than Sampras. The 17-time grand slam champion ...

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Heads turning attraction! Biggest sporting event in post-war Sri Lanka aims to boost future cricket talent at provinces; leisure and entertainment industry to get a fillip 21-day contest from 10 August involving local and global stars to be promoted as “village, country and the world” coming together as one to celebrate Sri Lanka’s passion MCC ...

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Havelock City, the largest condominium development in Sri Lanka, has newly fitted out a luxury penthouse duplex. Located on the 21st level and extending two floors up to level 23, these penthouses are unmatchable in terms of the intriguing play of volume. The luxurious up-market penthouses are complete with spacious living and dining areas, plush ...

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Voted ‘World’s Best Airline Cabin Crew’ and ‘Best Airline Signature Dish’Malaysia Airlines has been awarded 5-star status in the SKYTRAX World Airline Awards, joining an elite group of airlines to receive this prestigious ranking for their truly consistent and high quality of product and service. Announced last week at a ceremony held at the world-renowned ...

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Luxury resort records Rs. 1.233b asset baseThe Fortress Resort and Spa announced the successful completion of FY 2011/2012, with stellar financial results in all areas including profits, asset base and shareholder equity. Occupancy rates for the resort in Koggala were high throughout the season as the high-end, colonial architecture-inspired Fortress continues to carve out a ...

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Wimbledon is special to me not because I played the tennis circuit during my schooling days but for the insights that I get into life and business in general. The 2012 edition in particular was unique, given that a Brit was in the finals of the men’s singles game, that was happening after 74 years. ...

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