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I refer to your ‘Letter to the Editor’ on 31 May 2012. It is surprising that an economist of Dr. P B Jayasundera’s calibre and experience would need to be told that protectionism is not the right tool for increasing local production and exports. However, when I saw the name of the author of the ...
- Seminar on Advanced Agricultural Technology and Quarantine Regulations (Category: Business)
- Airport for Kandy: Agriculture Minister opposes selected location (Category: Breaking News)
- Tea crop rebounds in November (Category: Business)
- Bahrain launches $265 million food security fund (Category: Business)
Fuel prices are again the topic of public debate. Even Parliament had a discussion over it, with the Opposition calling for a reduction in prices but the Government hedging against passing on the savings from a global cost decrease to cover at least part of the Rs. 60 billion losses incurred over successive years by ...
- Fuel a price change (Category: Business)
- Another CPC controversy (Category: Business)
- Taming the ‘monsters’ (Category: Business)
- Experimenting with State-Owned Enterprises (Category: Breaking News)
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 ...
- Subsidized student loan scheme through commercial banks in addition to existing interest-free st... (Category: Breaking News)
- Banks lift overseas spending limits imposed on credit cards as dollar liquidity improves (Category: Breaking News)
- Ten problems; one solution (Category: Business)
- Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age (Category: Breaking News)
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 ...
- Emirates unveils special Economy and Business Class fares in Colombo (Category: Business)
- Emirates offers special student fares to Australia (Category: Business)
- Emirates offers special student fares to UK (Category: Business)
- Emirates gets 2012 off to a flying start with first-ever global sale (Category: Business)
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 ...
- SriLankan Airlines Group sweeps State sector at National Energy Efficiency Awards (Category: Business)
- Sri Lanka given green light from EU (Category: Breaking News)
- SriLankan Catering wins sixth environmental award (Category: Business)
- SriLankan Airlines supports a sustainable Sri Lanka (Category: Business)
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 ...
- AMW to unveil 11th generation Nissan Sunny (Category: Business)
- The Latest Nissan Sunny Launched! (Category: Business)
- Latest Nissan Sunny To Be Unveiled This Month (Category: Business)
- Nissan Sunny To Make Its Comeback Tomorrow (Category: Business)
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 ...
- DSL felicitates dealers in fabulous style in Bangkok (Category: Breaking News)
- DSL launches first eco-friendly tyre (Category: Business)
- Porsche 991 911 GT2 RS: The superstar - Roadshow (Category: Technology)
- Porsche 991 911 GT2 RS: The superstar - Roadshow (Category: Technology)
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...
- Cannes Lions International Festival of Creativity 2012 (Category: Business)
- SLIM welcomes young marketers Dinal and Wishmini from Cannes (Category: Business)
- Cannes Lions International Festival of Creativity 2012 finale (Category: Business)
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 ...
- Economic outlook (Category: Business)
- Libs 'have' policy answers (Category: South Australia)
- The National Digital Economic Strategy for Sri Lanka – 2030 to be implemented (Category: Breaking News)
- Revised loan limitation for the year 2023 gets cabinet nod (Category: Breaking News)
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 ...
- ‘Rupee Volatility – In Search of Equilibrium’ (Category: Business)
- Forex crisis: CB explains and assures (Category: Business)
- Economic growth to rebound in 2013: SCB (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
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 ...
- First female AG appointed (Category: Business)
- Protect Shani Abeysekara’s Life: Victims Appeal To AG (Category: Breaking News)
- Protect Shani Abeysekara’s Life: Victims Appeal To AG (Category: Breaking News)
- Protect Shani Abeysekara’s Life: Victims Appeal To AG (Category: Breaking News)
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 ...
- Tata Nano, world’s cheapest car, struggles to gain traction (Category: Business)
- Tata Motors rolls out revamped Nano (Category: Business)
- Nano Effort (Category: Business)
- Small Car (Category: Business)
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 ...
- Union Bank opens in Ratnapura (Category: Business)
- Union Bank Piyawara children’s art competition (Category: Business)
- Centier Bank names new Merrillville branch manager (Category: USA, Indiana)
- Union Bank opens in two historic cities (Category: Business)
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 ...
- Carbon Demand (Category: Business)
- Record year for Haycarb (Category: Breaking News)
- Activated Profit (Category: Business)
- Classified diversified PCH Holdings debuts today (Category: Business)
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 ...
- More power cuts after China-built plant fails again (Category: Business)
- In the Chinese-built coal power plant of Norchcholai, there are more questions than answers. (Category: Breaking News)
- Chinese firm says coal plant failed after overuse (Category: Business)
- CEB is not a burden on national economy, says Power Minister (Category: Business)
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 ...
- Finlay wins at National Plantation Awards (Category: Business)
- New orchid species discovered in Walankada Forest Reserve (Category: Breaking News)
- A unique and healthy combination – Green Tea and Gotukola from FADNA (Category: Business)
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 ...
- Nestlé Worldwide Executive Vice President in town (Category: Business)
- Creamier 2011 for Nestlé Lanka shareholders (Category: Business)
- Global giant Nestlé upbeat on Sri Lanka (Category: Business)
- Nestlé Lanka honours star suppliers (Category: Business)
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 unveils four-wheeler, Renault-Nissan talks planned (Category: Business)
- David Pieris Motor Company launches all new Boxer BM 150, Pulsar 220 SF (Category: Business)
- Honda launches ‘Dream Yuga,’ its cheapest bike (Category: Business)
- Nation branding: A holistic perspective (Category: Business)
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...
- Sri Lanka launches into the world of marinas (Category: Business)
- Sri Lanka’s hidden marine potential is huge (Category: Business)
- 20,000 buyers expected at South Asia’s largest boat show (Category: Business)
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 ...
- Sri Lanka to build marinas to promote boat building industry (Category: Breaking News)
- Govt. to abolish duty-free vessel imports to boost $ 500 m boating industry (Category: Business)
- Boat Show Sri Lanka 2012, launching pad for future industry growth (Category: Breaking News)
- Sri Lanka launches into the world of marinas (Category: Business)
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 ...
- Oil Supply (Category: Business)
- Sri Lanka cleared from Iran oil sanctions (Category: Breaking News)
- Sri Lanka looking to import more crude oil from Saudi Arabia (Category: Breaking News)
- U.S. punishing small nations, says Rajapaksa (Category: Breaking News)
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 ...
- Global Information Technology Report: living in a hyperconnected world (Category: Business)
- Colombo to host GSMA mWomen Working Group meeting (Category: Business)
- Dialog extends deal with Cable&Wireless to provide managed services to customers (Category: Business)
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 ...
- Dipped Products posts improved 1H results (Category: Business)
- Dipped Products reports strong 9-month results (Category: Business)
- RPC posts strong results for 9 months (Category: Business)
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 ...
- AMW unveils latest Nissan Sunny (Category: Business)
- Latest Nissan Sunny To Be Unveiled This Month (Category: Business)
- Nissan Sunny To Make Its Comeback Tomorrow (Category: Business)
- The Latest Nissan Sunny Launched! (Category: Business)
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 ...
- Electricity consumption in Sri Lanka during this year's Vesak had reduced (Category: Breaking News)
- Electricity consumption in Sri Lanka during this year's Vesak had reduced (Category: Breaking News)
- SMART metering to help manage low electricity consumption (Category: Breaking News)
- Power hungry households to pay more under Government proposal (Category: Western Australia)
The VE Commercial Vehicles Limited of India recently held their awards ceremony to evaluate and encourage their Eicher sales agents’ world wide, at the Jumeirah Beach Hotel-Dubai. At that ceremony, the Associated Motorways Limited (AMW) was selected as the sales agent with the Highest Eicher HD Tipper sales-Overseas for the year 2011. All authorised Eicher ...
- NEM Constructions gets Indian award for 100 Eicher tipper trucks order from AMW (Category: Business)
- AMW opens Piaggio three-wheeler showroom in Batticaloa (Category: Business)
- Piaggio expands to Gampaha (Category: Business)
- AMW opens Piaggio three-wheeler showroom at Dambulla (Category: Business)
World Heritage site Galle Fort will soon have environmentally-friendly hydrogen three-wheelers plying its preserved streets, as the United Nations Industrial Development Organisation (UNIDO) launches a pilot project to test green transportation in Sri Lanka. Three-wheelers are banned in the UNESCO World Heritage Galle Fort due to their emissions, but with the use of hydrogen-powered zero ...
- Hydrogen powered three wheelers for Galle (Category: Breaking News)
- Hydrogen entry kicks-off in October (Category: Business)
- Lanka heritage site to get first ever green transport (Category: Breaking News)
- UNIDO launches $15.9m bamboo project (Category: Breaking News)
Sri Lanka will step into hydrogen fuel era shortly, in a bid to fuel growth in the Small and Medium Enterprise (SME) sector rather than in large-scale motor transport. andnbsp;
Textured Jersey Lanka Plc (TJL) said on Thursday that it was looking for a fabric mill and alternate energy sources as means to remain competitive amidst challenging market and operating conditions. The lookout for an operating fabric mill marks a change from its previous plans to pursue an organic expansion within the Avissawella BOI Zone. ...
- Textured Jersey plans to acquire an operating Fabric Mill (Category: Breaking News)
- Acuity maintains Textured Jersey as Buy (Category: Business)
- Gross profit margins sharply up at Textured Jersey (Category: Business)
- Textured Jersey celebrates profitable year with 50% dividend pay out (Category: Business)
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