@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
526 results found in 1703 ms
Page 6 of 18
By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...
June has suddenly become the month for travelling overseas, with Emirates announcing a series of special fares valid for travel out of Colombo during the month. These special fares, which will be on sale for specific periods within June, offer discounts ranging from 7 per cent to 38 per cent, on travel to eight destinations ...
Whilst consolidating a commitment to establish a strong culture of planet friendly attitudes and practices as a responsible corporate entity and as individuals, SriLankan Airlines’ continues its efforts to achieve highest global standards in environmental management and conservation. On World Environment Day (WED), the airline introduces a series of new tactical measures to double the ...
Reuters: Indian export data released on Friday confirmed a sharp slowdown in foreign trade, adding to the woes of Asia’s third-largest economy and piling more pressure on the weak coalition government to take steps to boost economic growth. Indian exports inched up 3.23 percent to $24.5 billion in April from a year earlier after falling ...
The Associated Motorways Private (AMW) on Wednesday unveiled the 11th generation Nissan Sunny raising the experience for its market segment to a new level. From left: AMW Managing Director Samantha Rajapaksa, President Tilak de Zoysa and General Manager Yohann de Zoysa at the launch of 11th generation Nissan Sunny in Colombo on Wednesday “We are ...
Douglas & Sons Ltd (DSL) showcased yet another amazing grand show of its kind, the ‘GT Awards Night 2012’. for its tyre dealers at Hotel Grand Hyatt, in the fascinating city of Dubai on 19 May, amidst an audience of high profile dignitaries including the Ambassador for Sri Lanka in Dubai, Sarath Wijesinghe, who graced ...
Malaysia Airlines (MAS) on Tuesday took delivery of its first A380, becoming the eighth operator of the world’s largest and most eco-efficient airliner. The aircraft was handed over to MAS Group Chief Executive Officer Ahmad Jauhari Yahya by Airbus Chief Operating Officer Fabrice Brégier in Toulouse. Malaysia Airlines has ordered six A380s. Powered by Rolls-Royce ...
Seven young prominent marketing communications professionals from Sri Lanka’s advertising and marketing industries were selected to represent the country at the annual Young Lions Competitions and the Roger Hatchuel Academy in Cannes, France next month after having successfully completed the Sri Lankan Cannes Young Lions Competition. The local competition to select the contenders was organis...
The Perceived Economic Opportunity Index (PEOI) that had been on a downward trend since the beginning of 2012 having lost the momentum generated by the November 2011 Budget, moderated in April with the PEOI registering an increase since March, albeit being very marginal. The current level of optimism however is relatively low and is only ...
Key insights to state of the economy and market and future prospects from NDB Stockbrokers’ latest Sri Lanka Equities report Uncertainty in the macro environment The robust economic growth and steep rise in global crude oil prices increased Sri Lanka’s import bill by 51% in 2011. As a result the trade deficit widened, putting the ...
Sri Lanka Tourism Promotion Bureau MD post is a permanent position and comes under scheme of recruitment approved by Treasury Rumy Jauffer hired on one-year contract sans an application or a CV Not marking attendance, unlimited use of fuel among flags-off in Auditor General’s Department query A host of queries by the Auditor General’s Department ...
Seeing the growing acceptance of Tata’s Nano by car cab companies in Sri Lanka, Nano’s agents here are motivating three-wheeler owners to exchange their ‘tuk tuks’ for the swankier, air conditioned and more capacious Nano. But three-wheeler owners, who are mostly working class Gulf-returnees or lower middle class skilled workers or petty traders, do not ...
Adding to its rapidly developing branch network, Union Bank of Colombo PLC (UBC) opened its newest branch on 23 May, in Chilaw offering a host of financial services delivered through superior customer care to Small and Medium enterprises and retail customers. The new branch counts as the 33rd branch of UBC branch network. Located at ...
BRUSSELS (Reuters): Rising tensions with India and China over the European Union’s “arrogant” law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said last week. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part ...
Bieco Link, one of the largest activated carbon manufacturers in Sri Lanka has gained a new lease of life with fresh business direction and the latest engineering enhancements under the new management of PCH Holdings. Following the successful acquisition of Orient Garments, Bieco Link is the latest milestone in PCH Holdings’ plans for business diversification ...
Reuters: Analysts at Goldman Sachs and Bank of America-Merrill Lynch cut their growth forecasts for India, following up on a Morgan Stanley downgrade earlier this week that had sparked much concern in domestic markets. The downgrades come in a tough month for Indian markets, after global risk aversion surged, exposing the country’s fiscal and economic ...
In mid February, the Ceylon Electricity Board (CEB) informed consumers of their intention to revise their electricity charges from the following month. The March electricity bill issued to the consumer by the meter-reader was based on previous rate. The April bill based on revised rates with the addition of fuel surcharge for March was sure ...
Reuters: The World Bank cut its economic growth forecast for China this year to 8.2 per cent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity. In a biannual East Asia and Pacific economic update, the World Bank said a slowing China ...
Sri Lanka is an island, 65,610 km2 in area, situated close to the southeast extremity of the Indian peninsula. Despite its relatively small size, Sri Lanka possesses a high level of biodiversity. Biological diversity or ‘biodiversity’ is a term used to describe the variety of life on earth. It refers to the wide variety of ecosystems ...
Nestlé Lanka Plc, has recorded a strong revenue growth of 14% (YoY) for the three months ending 31 March 2012, posting a revenue of Rs. 7.3 billion and a net profit of Rs. 462 million amidst a difficult market environment. The Company stated that net profit for Q1 were down 25% (YoY) due to the ...
Bajaj – the number one motorcycle brand in Sri Lanka, continues its leadership ride countrywide by providing timely, cost-effective solutions to all segments of the market, said its sole agents David Pieris Motor Company. Marketed by sole agents David Pieris Motor Company Ltd, the Bajaj 100 cc Motorcycle range has recently been showcased as the ...
Bajaj - the No. 1 Motorcycle brand in Sri Lanka, continues its leadershipandnbsp;andnbsp; ride island-wideandnbsp; by providing timely, cost-effective solutions to all segments of the market. andnbsp;
Boating industry thanks Industry Minister for strong support Sri Lanka enters prestigious International Boating Industry Magazine rankings Sri Lanka’s commercial boat sub-sector reporting stronger international orders from Asia, Africa and ME Introducing a much-sought-after measure of relief to Sri Lanka’s boating industry, the country will now introduce tax on boat imports that are la...
Following the success of Boat Show Sri Lanka 2008 and 2010, South Asia’s largest international boat exhibition sets sail in its third edition on 18, 19 and 20 June at the BMICH. Setting the platform to develop the boating industry and promote the leisure, pleasure and sport boating sector with the assurance of promoting Sri ...
Reuters: Sri Lanka expects a U.S. waiver of sanctions on imports of Iranian crude after it took steps to cut them by up to 38 percent, switching to alternatives from Oman and Saudi Arabia, the island's oil minister said on Tuesday. Susil Premajayantha said Sri Lanka, which is dependent on crude imports, has taken steps ...
INSEAD, the leading international business school, has partnered with leading TMT advisory and investment firm Delta Partners to release a joint white paper that defines core emerging markets, growth drivers as well as opportunities and challenges in the global telecommunications industry. At a time when Facebook is getting ready to IPO, its focus on emerging ...
Posts PBT of Rs. 2.38 billion; Revenue up 33% to Rs. 19.8 billionStrong operational performances from hand protection combined with capital gains and better contributions from plantations have generated healthy revenue and profit growth for Dipped Products PLC (DPL) in the year ending 31 March 2012. The Hayleys Group’s globally-ranked rubber glove manufacturing business has ...
Nissan Sunny makes a dramatic comeback this month, with its most reliable 11th generation model in Nissan’s history. The new Nissan Sunny is exactly what buyers will be looking for in a family car. Luxurious, Affordable, fuel efficient, comfortable with leg space that must be seen to be believed. It also comes with features like ...
SINGAPORE (Reuters): Singapore Airlines Ltd (SIA), the world’s No.2 carrier by market value, will focus on flights to smaller Asian cities as a weak global economy batters demand on long-haul routes and competition from premium airlines intensifies. SIA, which posted its first quarterly loss in more than two years last week, has been hammered by ...
The Power and Energy Ministry of Sri Lanka says the electricity consumption during the Vesak period this year has seen a reduction. Power and Energy Minister Patali Champika Ranawaka told a gathering in Katubedda that the electricity consumption this Vesak period has reduced in comparison to last year. He has observed that the electricity consumption ...