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This may sound too religious! Yet the objective is to show the attitude and the direction needed in our words and deeds today in terms aligning ourselves to national economic development. The essence of the statement is that thoughts manifest as words and words manifest as deeds and so on. The onus is on ensuring ...
- Telecommuting to work (Category: Business)
- The year 2020 in words. The ones we can print (Category: USA, Iowa)
- The year 2020 in words. The ones we can print (Category: USA, Iowa)
- The year 2020 in words. The ones we can print (Category: USA, Iowa)
Economic Development Minister Basil Rajapaksa yesterday inaugurated the country’s largest ultra modern fuel station and shopping complex in Paradise, Kuruwita along the Colombo-Ratnapura road. This trade complex includes a fuel station, a Commercial Bank branch, ATM machines, a restaurant and a super market. The KDU Group of companies has planned this commercial trade complex to ...
- Work progressing on the Fish Market Conplex (Category: Breaking News)
- Central Fish Market Complex in Peliyagoda nearing completion (Category: Breaking News)
- New Trade Complex for Payment Traders in Pettah (Category: Breaking News)
- New Trade Complex for Pavement Traders in Pettah (Category: Breaking News)
President’s revelation in Kandy of natural gas find in Mannar basin prompts global giant’s Indian unit to make official disclosure Hydrocarbon column found to be predominantly gas bearing with some additional liquid hydrocarbon potential Further drilling required to establish commerciality; Cairn investing over $100m Key breakthrough opens up Mannar basin for geological play In ...
- Oil in Mannar basin: phase one done, Cairn keen to go for stage two (Category: Business)
- Cairn makes second gas discovery in Sri Lanka (Category: Breaking News)
- Two to tango (Category: Business)
- Flash: Gas found in second well (Category: Breaking News)
1. Section 2 is of prime importance to an understanding of the scope of the income tax. Unless a person can be brought within the charge imposed by Section 2, he cannot be taxed, subject to the exception mentioned in paragraph 8 below. The power to tax which is implicit in Section 2, is a ...
- The charge to Income Tax – Part 2 (Category: Business)
- DFCC posts Rs. 2.2 b after-tax profit for 9 months (Category: Business)
- The resident or non-resident status of a taxpayer (Category: Business)
- COMBank’s 1Q pre-tax profit up 40% to Rs 4.145 b (Category: Business)
LONDON(Reuters): World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red. Darkening economic prospects and fears the euro zone debt crisis will unravel into financial catastrophe sent global ...
- World stocks outlook tempered by euro zone: Reuters Poll (Category: Business)
- Investors peer past gloom, eye Asian economic rebound (Category: Business)
- Key freight index to rise 35% in H2 on China: Poll (Category: Business)
By Engineer P.G. Joseph An official website about the life and vision of the late Dr. Ray Wijewardene, one of the most accomplished and innovative engineers and scientists produced by Sri Lanka, will be launched on 28 September and will be located at www.raywijewardene.net. In this article, one of several available on the website, a ...
- Inventor Ray dies (Category: Breaking News)
- LOLC’s commitment to renewable energy recognised (Category: Business)
- Dr. Ray Wijewardena passes away (Category: Breaking News)
- Understanding required system change (Category: Breaking News)
Financial stability risks have risen sharply in recent months, as slower economic growth, market turbulence in Europe, and the credit downgrade of the United States have weighed on the global financial system, according to new analysis by the IMF. Financial markets have begun to question the ability of policymakers to command broad political support for ...
- Financial stability risks have increased substantially (Category: Business)
- IMF marks down global growth forecast, sees risk on rise (Category: Business)
- Credit boom stokes risks in emerging markets – BIS (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
With the World Bank announcing that the world economy is teetering on “a new danger zone,” it is of paramount importance for governments and financial power-houses to restore confidence through concrete policies and systematic financial planning. This is the order of the day, given the recent pessimistic report on the world economy delivered by Morgan ...
- IMF Chief Lagarde emphasises Asia, China role in global recovery (Category: Business)
- Global economy’s ‘timid’ recovery faces high risks: Lagarde (Category: Business)
- Global growth worries dent Asia business sentiment in Q3 (Category: Business)
- China can easily boost consumtion to strengthen its economy: IMF (Category: Business)
Since 1948, we have been planning for economic prosperity, but six decades have gone by without a semblance of anything to claim as our own. India has superseded all Asian countries and has reached a pinnacle of an economic power and it has even more potential to be a super power. It would be of ...
- Farming the main occupation of two million families (Category: Breaking News)
- Village as a developmental unit (Category: Business)
- $ 22.2 m IFAD loan for better irrigation infrastructure, crop diversification (Category: Business)
- Construction of the Sampur coal power plant to start (Category: Breaking News)
The Asian Development Bank (ADB) has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key trading partners. In its Asian Development Outlook Update 2011, released yesterday, ADB trimmed its full year forecast to 7.5% from 7.8% seen in April. The 2012 projection is also ...
- Eurozone crisis dampening developing Asia’s growth prospects, warns ADB (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
- Asian economies: Managing spillovers and advancing economic rebalancing (Category: Business)
Solar, wind, wave, geo thermal, bio massNorochcholai – underperforming, Kerawalapitiya – under maintenance, power utility – threatens strike, Sampur at Trincomalee – coal power agreement signed with NTPC of India, lack of rain in hydropower catchments… the travails of Sri Lanka’s power sector are always in the news. The policy on energy has been driven ...
- Germany sets new solar power record, institute says (Category: Business)
- Renewable energy will only get cheaper: study (Category: Australia, Victoria)
- Electricity, Costs, Options Needs & Priorities (Category: Breaking News)
MetalFactor teamed up with the International Advertising Association’s (IAA) Sri Lanka Chapter yet again to host the Young Spikes contest for young advertising professionals. The winning team, consisting of two members each from the following categories – Integrated communication and Media, will represent Sri Lanka at the Young Spikes contest at Spikes Asia 2011 in ...
- Saluting Sri Lankan Spikes winners (Category: Business)
- Grant McCann wins Young Spikes again (Category: Business)
- Leo Burnett Sri Lanka’s Subhash Pinnapola, first Sri Lankan on Spikes Jury (Category: Business)
- Biggest-ever Spikes Asia 2012 kicks off in Singapore (Category: Business)
By Devin Jayasundera A top Finance Ministry official last week declared that the country’s import sector has bright opportunities on to the future in tandem with fast growing economy and per capita income of the people. Delivering the keynote address at the Ceylon Chamber Import Section Annual General Meeting the Ministry of Finance and Planning ...
- The Economic Impact of Exchange Controls (Category: Business)
- Mixed bag for Lankan exports (Category: Business)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
Reuters: India’s desire to spend billions of dollars on overseas infrastructure could undermine efforts to ease major domestic port congestion that has hindered trade in Asia’s third largest economy. New Delhi plans to create a state-owned firm, India Ports Global, dedicated to investing in ports overseas as it looks to catch up with rival China ...
- Fair winds for Sri Lanka maritime hub (Category: Business)
- Economic diplomacy with India (Category: Business)
- Sri Lanka needs more base cargo to face future competition (Category: Business)
- Colombo conference on ‘Sri Lanka Ports Trade and Logistics’, an unqualified success (Category: Business)
Eshana De Silva, the Chairman of the Esna Group of Companies and Shermans Logistics has been officially appointed as the Honorary Consul to Kazakhstan. De Silva is also a Director of Pan Asia Bank, Mc Marine and functions as a board member of the Board of Investment (BOI) and the Sri Lanka Ports Authority (SLPA). ...
- G.L. to Russia and Kazakhstan (Category: Breaking News)
- Gujarat opens door for Lankan companies (Category: Breaking News)
- Current Form (Category: Business)
- Middle Order (Category: Business)
After two decades, Hilton Colombo owning company Hotel Developers finally releases accounts Accumulated losses by end FY 2009/2010 top Rs. 10 billion Revaluation of hotel results in Rs. 4.7 b gain yet company beset with negative networth of Rs. 4.7 b as against Rs. 8.26 b in 2008/9 Total outstanding loans and borrowings near Rs ...
- Consultants 21 files civil litigation on revival of ailing Hotel Developers (Category: Business)
- End to HDL hangover hovering? (Category: Business)
- HDL saga: Hilton feasts as Govt. loses (Category: Business)
Bloomberg: Sri Lanka’s economic growth is set to outstrip India’s for the first time since 2000 as record foreign investment and Government spending fuel a resurgence after almost three decades of civil war. The island nation’s $ 50 billion gross domestic product will increase 8.5 per cent this year, up from eight per cent in ...
- Inflation rises to six month high of 5.5% (Category: Business)
- Audi July unit sales up 16%, driven by China (Category: Business)
- Fitch affirms Hatton National Bank at ‘AA-’ (Category: Business)
- Positive results for Asia Pacific hotels in Sept (Category: Business)
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